Turkey to Launch Its CBDC in 2023
Alicia MaherThe Turkish government is planning to launch its Central Bank Digital Currency (CBDC) as soon as 2023. The President’s Strategic…
CFTC Chair Calls Ether A Commodity, The SEC Disagrees
George WardEther's regulatory status is being contested between the leadership of the US's two federal market regulators. The head of the Commodity…
Web3 Foundation CLO Shuns European Commission’s Crypto Solution
Richard HinesDavid Schönberger of Web3 Foundation, the company behind polkadot (DOT) and Kusama (KSM) pointed out the pitfalls that may be…
Monetary Authority of Singapore (MAS) Proposes Laws To Reduce Crypto Risks
The Monetary Authority of Singapore (MAS) has introduced measures to regulate its cryptocurrency sector. Two consultation papers were issued on…
Singapore Introduces Restrictive Rules For Reducing Crypto Risks For Investors
Mark AckmanNew regulations have been put forward by the financial authorities in Singapore, which is aimed at protecting consumers from the…
U.S. Lawmakers Pens Letter To Financial Regulators About ‘Revolving Door Hires’ With Crypto Firms
Two United States lawmakers and three congress members have asked regulators in the country to clarify the air on their…
Only Five Nations Control 30% Of All Reachable Bitcoin Nodes Worldwide
With Bitcoin (BTC) adoption growing daily, an analysis of the distribution of relative bitcoin nodes among top economies would reveal…
Hong Kong Unveils Digital Currency Prototype
Authorities in Hong Kong have released the prototype of the city-state’s CBDC, Project Aurum. The platform has two tiers and…
El Salvador’s Citizens Not In Support Of Bitcoin But Still Like Their President
Scott GalbraithAccording to a recent survey by the University of Central America (UCA), nearly 77% of Salvadorans who participated in the…
Kazakh Cryptocurrency Exchanges To Welcome Russian Users But There Is A Catch
Multiple cryptocurrency exchanges in Kazakhstan have continued to provide cryptocurrency services to Russian locals despite the EU sanctions. The latest…
Ripple (XRP) Whales Move Over $80 Million XRP Just Before SEC Lawsuit Hits New Milestone
XRP whales reportedly moved around 240 million XRP which is approximately $81.08 million in the past day alone. This was…
Japan To Ease On Their Cryptocurrency Listing Rules
The Japan Virtual and Crypto Assets Exchange Association (JCVEA) plans to go easy on trading platforms. It intends to soften…
CFTC Takes Hard Stance Approach Towards Crypto
There have been many objections to crypto adoption, but it remains an innovative technology. Nevertheless, some regulatory bodies have taken…
Portugal Is Aiming To Impose Taxes On Gains Generated From Cryptocurrencies
In recent years, many countries have attempted to adopt a friendly stance towards cryptocurrencies. Over time, most of these countries…