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Vietnamese Government and Central Bank Developing Legal Framework for Crypto
29.3.2022
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal Framework...
Interoperability-focused Stargate Finance (STG) aims to kick off DeFi 3.0
28.3.2022
STG price rallied after excited investors piled into Stargate Finance, an interoperability-focused multi-chain DeFi platform
Report: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative
28.3.2022
The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell by 29.6% to $259 million during this period. BTC...
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
28.3.2022
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However...
Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies
27.3.2022
Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the war in Ukraine which restrict Russia’s access to global...
UAE Venture Capital Firm Launches $100 Million Seed Fund for Blockchain and Crypto Projects
26.3.2022
Cypher Capital, a United Arab Emirates (UAE)-based venture capital (VC) firm, has announced the launch of a $100 million seed fund that will primarily avail funding to decentralized finance (defi), gamefi, and metaverse projects. Mentoring of Entrepreneurs A United Arab Emirates (UAE)-based venture...
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says
26.3.2022
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,” he said. Bitcoin Will Not Be Legal Tender...
GTA Online's New Subscription Will Give Fans Early Access To Cars, Plus Cash And Other Perks
25.3.2022
Today, Rockstar Games announced GTA+ a new paid monthly subscription service for Grand Theft Auto Online. GTA+, which launches March 28, will only be accessible to PS5 and Xbox Series X/S players and will offer folks who sign up for it monthly deposits of cash, exclusive access to new rewards...
Janet Yellen, Sounding More Constructive, Acknowledges Crypto's Role in Finance
25.3.2022
The former Fed chair and current Treasury Secretary has previously been skeptical, and in 2018 said she “was not a fan” of Bitcoin
Finance Redefined: Hoskinson talks about DApps, Coinbase Cloud launches Avalanche tools and more
25.3.2022
In this week's DeFi newsletter we discuss Cardano founder's admission about his DApp prediction, Coinbase Cloud's latest Avalanche-based developer tool, some of the biggest gainers and much more
Shitcoins are ‘garbage’: Bitcoin-only brokers on freedom and finance
25.3.2022
Bitcoin-only exchanges explain that selling altcoins is an attractive business model that sidesteps far greater long-term benefits for society, such as greater freedoms and financial prosperity
‘Big Holes’ Undermine Russia Sanctions – And It's Not Crypto (Psst! It's Traditional Politics & Finance)
24.3.2022
An opinion columnist writing for Bloomberg has identified two flaws that “fundamentally undermine” the United States and EU-led “sanctions regime” against Russia – and neither have anything to do with the use of crypto.
Since the start of the conflict in Ukraine, senior lawmakers in the USA...
Malaysian deputy finance minister responds to proposal to legalize Bitcoin
24.3.2022
Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn't want to adopt crypto for payments
IOSCO says DeFi is quickly evolving and 'cloning financial markets'
24.3.2022
IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.”
Stargate Finance attracts $1.9B in six days
24.3.2022
Cross-chain protocol Stargate Finance has generated over $1.9 billion TVL in just six days following an Alameda Research buying spree
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
23.3.2022
The expected passage of a finance bill will include a steep crypto tax the industry says will discourage innovation and cost the country some of its technology talent
Blockbank Integrates Orion․Money
23.3.2022
PRESS RELEASE. Blockbank is proud to announce that the existing partnership with Orion Money has extended to include a number of new developments. Ana Plotnikova, blockbank CEO and Co-Founder, stated “We are extremely excited about the partnership with Orion.Money. It has been imperative...
The Future of Mining Finance: Time to Get Creative
23.3.2022
To finance equipment in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
23.3.2022
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and...
4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
23.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: 4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News