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Court in China Recognizes NFTs as Virtual Property Protected by Law


A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case over a dispute between a customer and a platform hired to sell a collection of tokens. Hangzhou Internet...

Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High


Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77% as of writing. On the other hand, avalanche was trading lower, as prices retreated from a recent...

Report: South African Digital-Only Bank Launches Crypto Payments Gateway


A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway...

Binance.US receives MTL in American Samoa and Guam, along with Louisiana


Binance.US has expanded into two new regions of the United States of America. The exchange platform has received Money Transmitter Licenses in Guam and American Samoa. However, this officially allows customers to register on Binance.US through the official website or mobile application and begin...

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year


Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s...

Cardano Price Forecast – Can ADA Reach an All Time High in 2023?


Stronger-than-expected US ISM Service PMI data that points to a resilient US economy midway through the third quarter and, alongside last Friday’s stronger-than-expected US labor market figures, keeps pressure on the US Federal Reserve to continue with its policy of aggressive rate hikes into 2023...

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