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Has Telegram violated EU laws, and why has its founder been charged in France?
29.8.2024
As Telegram CEO and founder Pavel Durov is now released on a $5.6 million bail, France, as an EU member state, continues working on the case
Hong Kong Regulator Launches Sandbox to Test Tokenized Asset Transactions
29.8.2024
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players...
Nigerian Civil Society Groups Praise Crypto Tax Proposal
29.8.2024
A coalition of Nigerian civil society organizations has applauded the plan by Zacch Adedeji, head of the Federal Inland Revenue Service, to include cryptocurrencies in the tax system. The CSOs believe this move will boost confidence in the crypto market and attract foreign investors. The CSOs...
Coinbase Shares Tips to Protect From Crypto Scams
29.8.2024
Crypto exchange Coinbase supports the Australian government’s Scams Awareness Week, emphasizing the importance of consumer education to combat fraud. Coinbase APAC’s managing director offered tips for investors to protect themselves from scams, such as verifying URLs and using...
Donald Trump Launches 4th NFT Collection Featuring Him Holding Bitcoin — Says ‘They Call Me Crypto President’
29.8.2024
Former U.S. President Donald Trump has released a fourth series of non-fungible token (NFT) digital trading cards. The collection includes 50 unique cards, featuring images such as Trump holding bitcoin. Collectors may receive a physical trading card containing a piece of a suit worn during...
SEC Issues Wells Notice to Opensea, Alleging NFTs on the Marketplace Are Securities
29.8.2024
The U.S. Securities and Exchange Commission (SEC) has issued a Wells notice to Opensea, signaling potential enforcement action against the NFT marketplace. Opensea’s CEO criticized the SEC’s move, claiming it could negatively impact innovation and creators’ livelihoods....
Crypto.com Adds Paypal as Payment Option in US for Crypto Purchases
28.8.2024
Crypto trading platform Crypto.com has integrated Paypal as a payment method for U.S. users to buy cryptocurrencies, enabling transfers between Paypal and Crypto.com wallets. “Further integrating traditional and digital payment capabilities is critical to the continued mainstreaming...
Bitcoin Runes records 15.6M NFT transactions, weekly volumes turn positive: Nifty Newsletter
28.8.2024
Bitcoin Runes has recorded 15.6 million transactions and generated $162.4 million in fees in four months.
Coinflip Expands Cryptocurrency ATM Services to Mexico
28.8.2024
Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency...
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
28.8.2024
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
Institutional Investors Continue to Increase Digital Asset Allocation: Economist Report
28.8.2024
The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio
Hilbert Capital and Xapo Bank Collaborate to Launch Bitcoin Hedge Fund
28.8.2024
Swedish public company Hilbert Group’s asset management division has partnered with Xapo Bank to launch a bitcoin-denominated hedge fund in September. The fund is expected to attract over $200 million in initial investments from Xapo Bank and other investors this year. Hilbert Group Partners...
Nasdaq Seeks SEC Approval to Launch Bitcoin Index Options
28.8.2024
Nasdaq has filed with the U.S. Securities and Exchange Commission (SEC) to list and trade Bitcoin Index Options. The company aims to provide new tools for institutional and retail investors to manage cryptocurrency investments. The options, pending regulatory approval, will offer European-style...
Bitcoin Mining Is So Rough a Miner Adopted Michael Saylor's Successful BTC Strategy
27.8.2024
Marathon Digital, the largest publicly traded miner, is buying bitcoin in the open market, despite acquiring the digital assets at a discount via mining
IOTA completes EU blockchain pre-commercial phase
27.8.2024
IOTA completes the final phase of the European Blockchain PCP, setting the stage for scalable, sustainable and secure blockchain infrastructure across the European Union
Binance under scrutiny for seizing Palestinian crypto funds
27.8.2024
Binance denied reports suggesting that the crypto exchange seized funds from all Palestinians, stating that only a small number of accounts was restricted
CoinDCX’s Okto wallet secures operational license in UAE free zone
27.8.2024
Self-custodial wallet Okto received its license under RAK DAO, an economic free zone dedicated to virtual assets.
Bank of Russia Eyes Stablecoins for Cross-Border Transactions
27.8.2024
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing...
Telegram CEO's Arrest Is Unlikely to Be the Last: Galaxy
27.8.2024
Telegram and Pavel Durov were probably resisting takedown or information requests from Europe or France, the report said
UAE Investment Firms Announce $500 Million Digital Energy Infrastructure Fund
27.8.2024
United Arab Emirates-based investment firms Hodler Investments and Gewan Holding have announced plans to launch a $500 million Digital Energy Infrastructure (DEI) Fund. This fund aims to invest in energy infrastructure projects that support the growth of the digital economy. The DEI Fund will...