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UK stablecoin and staking regulation likely within six months: Report
The UK government expects the country’s stablecoin and staking legislation within six months.
Economic Secretary to His…
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One of Mexico’s Richest Billionaires Advices to Buy Bitcoin
Mexican billionaire Ricardo Salinas, a fervent advocate for cryptocurrency, recently delineated the merits of Bitcoin as an investment. His insights are timely, given the heightened interest in the digital currency’s potential.
Amidst…
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Taproot Wizards Reveal Bitcoin’s Onchain Payment Struggles During $15M Sale
Sending bitcoin onchain remains a poor payment experience despite the hype surrounding the leading crypto asset, according to Taproot Wizards founder Udi Wertheimer. In a recent post-mortem of a high-volume sale using bitcoin, Wertheimer…
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Blockchain Basics Act Introduced in Ohio, South Carolina, and Mississippi
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar…
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Grayscale’s GBTC Outflows Hit $7B Amidst Recovery, But ‘Bleeding’ to Continue
Grayscale GBTC’s outflows have been experiencing outflows. Data shows that as of February 16th, the total funds withdrawn from GBTC since its conversion to a spot Bitcoin ETF have amounted to $7 billion.
While the figure…
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Justin Sun Unveils Tron-Based Bitcoin Layer Two Roadmap
Tron is embarking on an ambitious journey to transform the Bitcoin ecosystem, as announced by its founder, Justin Sun. Through the integration of Bitcoin Layer two solutions, Tron seeks to decentralize and interconnect a variety of token…
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Honduras regulator bans institutions from trading crypto
Honduras’ banking regulator the National Banking and Securities Commission, or CNBS, has announced an immediate ban that…
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Bitcoin’s Pre-Halving Jitters — Historical Trends Spotlight Potential Price Dip Ahead of 2024 Event
As the Bitcoin network nears its fourth halving event, numerous market watchers and cryptocurrency enthusiasts are curious about whether the price will experience a temporary decline before the halving occurs. Historically,…
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Citi Completes Private Market Tokenization Test Using Avalanche
Citi, in alliance with Wellington Management, Wisdomtree, and ABN AMRO, completed a proof of concept for the tokenization of a private fund on top of the Avalanche blockchain. The test used Spruce, an Avalanche subnet, to tokenize the…
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South Korea to Expel Crypto Exchanges Failing to Meet Its Stringent Conditions
Cryptocurrency exchanges that fail to meet South Korea’s stringent operating standards will be expelled from the crypto market, the country’s financial intelligence agency has said. The Financial Intelligence Unit said its…
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