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Korea’s FSC Chairman Nominee Skeptical Over Cryptocurrency as Financial Asset
26.8.2021
A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international...
24 Crypto Exchanges to Close in South Korea – and 18 More Could Follow
26.8.2021
Only a third of South Korean crypto exchanges have met the “minimum requirements” to register with the financial regulator ahead of next month’s deadline – with 24 already all but confirming they will close. But political pressure is mounting on the regulator, with a growing group of MPs pushing...
DeRace Native Token $DERC Gets Enlisted on Crypto.com
26.8.2021
The latest news for holders of $DERC is truly astounding. As per the reports, the DeRace token, $DERC, has been enlisted on Crypto.com. The same has brought smiles to many faces this morning. Crypto.com is a prominent exchange platform, and this is a milestone achievement DeRace. Now, DeRacers...
Tezos Chosen by Swiss Banking and Fintech Operators to Deliver On-Chain Financial Products
26.8.2021
Incore Bank, in partnership with Inacta and Crypto Finance Group, has selected Tezos as their preferred blockchain platform to develop regulatory-compliant digital financial products via a newly developed token standard titled DAR-1. Tezos to Enable Smart Contracts for European Banks ...
11% of young Americans have invested their stimulus checks into crypto
26.8.2021
Young Americans are choosing crypto over mutual assets and ETFs to invest their stimulus checks
The Zort Platform and Its Native ZORT Coin Look to Revolutionize Crypto Investing
26.8.2021
Right now, there’s renewed global interest in cryptocurrencies as investment vehicles. That has a lot to do with the lengthy bull run the market has seen of late. And the addition of multiple DeFi investing platforms over the past year has helped, too. But for all of the attention...
Crypto soars to account for 73% of trading commissions on eToro in Q2
26.8.2021
According to eToro’s Q2 report, crypto drove the 125% surge in trading volumes in Q2, with crypto representing 73% of total trading commissions
Lolli Partners With Stubhub — Users Can Earn Bitcoin Back on Tickets to Live Events
26.8.2021
Following the $10 million Series A round at the end of July, the bitcoin rewards company Lolli has announced a partnership with the ticket agency Stubhub. According to the announcement, the partnership will provide users with the ability to earn up to 6% in bitcoin rewards when they purchase...
Three Arrows Capital CEO Su Zhu outlines his bullish thesis for Dogecoin
26.8.2021
Three Arrows Capital CEO Su Zhu is bullish on Dogecoin because it's easy to understand and captures the attention of “blue-collar traders.”
Rich Dad Poor Dad’s Robert Kiyosaki Says Bitcoin Is the Investment With ‘the Greatest Upside’
26.8.2021
Rich Dad Poor Dad author Robert Kiyosaki says “Bitcoin has the greatest upside.” He also revealed that he invests in the cryptocurrency because he does not trust “our leaders, the Fed, Treasury, nor the stock market.” Robert Kiyosaki Reveals Why He Buys Bitcoin, Says...
UK Regulator FCA Says Crypto Exchange Binance Has Complied With Its June Requirements
26.8.2021
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is...
Kraken Crypto Exchange Seeks EU License, Eyes Expansion in Europe
25.8.2021
U.S.-based cryptocurrency exchange Kraken is preparing to expand operations in the European market, according to the German press. The coin trading platform is in talks with regulators and plans to acquire a license in an EU member state, its founder Jesse Powell revealed. Kraken to Enter European...
Confiscated Lambo Utilised for Education, Crypto Donations for Animals + More News
25.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Crime news
The Brazilian police have confiscated a Lamborghini Gallardo LP 560-4 worth USD 152,000 from so-called “Bitcoin King” Cláudio Oliveira...
County Treasurer in Illinois accepts crypto donation in reelection bid
25.8.2021
The Lake County treasurer plans to HODL the crypto campaign donations in the hopes of a significant price rally for cryptocurrencies
Crypto.com, Virtual Fashion Platform to Launch NFT Store, SpaceX-Inspired Pieces
25.8.2021
Merging non-fungible tokens (NFTs) and fashion, Hong Kong-based crypto platform Crypto.com has unveiled a new partnership with digital fashion business DressX. The collaboration paves the way for the launching of a DRESSX NFT store on the Crypto.com NFT platform, as well as the roll-out of a number...
Kyrgyzstan reportedly introduces regulations for crypto exchanges
25.8.2021
The new regulatory framework aims to bring the legal status to cryptocurrency exchanges in Kyrgyzstan
US Treasury Assures Crypto Requirements in Infrastructure Bill Won’t Target Non-Brokers Even Without Amendment
25.8.2021
Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended. The official added that crypto advocates’ fears are unwarranted. Treasury Official Says...
Amid Taliban takeover, aspiring crypto miner flees Afghanistan
25.8.2021
The Afghan refugee believed the Taliban would restrict access to smartphones and the internet, making crypto mining impossible
Citigroup Files to Trade Bitcoin Futures, Says Clients Are ‘Increasingly Interested’ in Cryptocurrency
25.8.2021
Citigroup is reportedly awaiting regulatory approval to start offering bitcoin futures trading to its clients. “We are presently considering products such as futures for some of our institutional clients, as these operate under strong regulatory frameworks,” said Citigroup. Citigroup...
Korean FSC chair nominee doesn't think crypto is a financial asset
25.8.2021
Seung-beom Koh said that fintech experts across the globe “find it difficult to see virtual currencies as a financial asset."