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December 12, 2022
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NFT market held back by oversupply, greed, and bad projects: Gary Vee

According to the creator of VeeFriends, the number of celebrities, brands, and artists jumping on the NFT bandwagon will cause a supply and demand problem.   […]
December 12, 2022
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Bank of England opens applications for ‘proof of concept’ CBDC wallet

The central bank is spending nearly $255,000 to create a digital wallet that the central bank can perform basic functions such as transactions and payment requests. […]
December 12, 2022
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FreeBitco.in Last Week in Crypto 5th December – 11th December

CPI Data Skews Positive, BTC Hits One-Month High On Dec. 13, the Bitcoin price hit a one-month high, recording an intraday high of $18,109 and sending […]
December 8, 2022
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The Stablecoin framework is a near-term priority for Aussie regulators

As stablecoins are used as a means of payment, Australia is preparing to regulate them properly.   Australian regulators are working on options to bring paid […]
December 8, 2022
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Hong Kong to subject crypto exchanges to the same laws governing TradFi

The new law will introduce a licensing system for infrastructure service providers, requiring them to comply with strict anti-money laundering and anti-money laundering laws.   Hong […]
December 8, 2022
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Crypto lender Genesis has no solution yet for withdrawal halts

Genesis said it will take several more weeks to figure out a recovery plan for its lending business.   Crypto-lending platform Genesis has told customers that […]
December 7, 2022
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US lawmakers want State Department to justify crypto rewards and disclose payouts

The State Department should provide a report on the use of cryptocurrencies as a means of payment and evidence that it is more encouraging for those […]
December 7, 2022
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Japan recommends against algorithmic backing in stablecoins

The potential legal status of streaming at the Japan Financial Services Agency is unclear as the current law is silent on algorithmic stablecoins.   After passing […]
December 7, 2022
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Gate.io pledges $100M to revive crypto and rebuild investor confidence

With investors shifting their money from exchanges to private holdings, the market’s financial crisis poses an immediate threat to struggling crypto businesses.   In an effort […]
December 6, 2022
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UK crypto bill to restrict services from abroad: Report

The regulatory changes will expand the powers of the national financial regulator and put the crypto industry under stricter control.   Despite the acceptance of the […]
March 13, 2023
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Breaking: Signature Bank closed by New York regulators, citing ‘systemic risk’

The New-York-based bank, which is also known to serve a number of crypto firms, was shut down by state regulators, according to a Federal Reserve announcement. […]
March 9, 2023
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Biden wants to double capital gains and clamp down on crypto wash sales: Reports

The Biden administration reportedly wants to apply the wash sale rule to crypto, which would end a strategy in which a trader sells and then immediately […]
March 9, 2023
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Stablecoins and Ether are ‘going to be commodities,’ reaffirms CFTC chair

In the tug-of-war between the United States regulators over control of crypto assets, the Commodity Futures Trading Commission chair has tripled-down on his stance that Ether […]
March 9, 2023
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Marathon Digital terminates credit facilities with Silvergate Bank

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.   Bitcoin mining company Marathon […]
March 8, 2023
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Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.   Regulators are reportedly holding […]
March 8, 2023
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Jack Dorsey’s Block asks for input on the proposed ‘mining development kit’

Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining.   Payments company Block, […]
March 8, 2023
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Debate over 2FA using SMS after SIM-swapping victim sues Coinbase

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA. […]
March 6, 2023
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‘Scammers dream’ – Yuga’s auction model for Bitcoin NFTs sees criticism

Yuga Labs’ first Bitcoin NFT collection saw some backlash from the crypto community over the weekend, pointing to flaws in how it conducts the auction.   […]
March 6, 2023
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Pakistan banks agree on blockchain-based KYC system development

The blockchain-based national eKYC banking platform aims to strengthen Anti-Money Laundering capabilities while countering terror financing.   The Pakistan Banking Association (PBA) – an association of […]

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