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Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months


The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months. Crypto Rial to Be Different From...

Binance Launches New Platform for VIP and Institutional Crypto Investors


Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global...

Hardware Worth $1.9 Million Stolen in Russia’s Crypto Mining Capital


Russian law enforcement is looking into the alleged theft of mining hardware valued at around $1.9 million. The powerful computing equipment disappeared from a crypto mining hotel in Irkutsk, the owners of which have been accused of large scale fraud. 100 Russians Lose Mining Machines Worth...

Albania to Start Taxing Crypto-Related Income From 2023


Authorities in Albania are finalizing regulations that will allow the taxation of income and profits from cryptocurrency investments. The government intends to begin imposing the levy in 2023, after adopting the necessary legislation which has been proposed for public consultations. Albania Set...

Singapore Based Crypto Exchange Bybit Expands to Argentina


Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange...

Cryptocurrency Exchange Uphold Leaves Venezuela Due to US Sanctions


Uphold, a New York-based cryptocurrency exchange, has announced it is closing its operations in Venezuelan markets. The company, which has already had problems with users in the country in the past — shutting down accounts and requiring KYC controls that some users deemed excessive —...

Coinbase Derivatives Exchange Reveals Nano Bitcoin Futures Product


On June 27, Coinbase Derivatives Exchange (formerly Fairx exchange) announced it will launch its first crypto derivatives investment vehicle pegged to the value of 1/100th of a bitcoin. The new “nano bitcoin futures” product will be listed under the ticker “BIT.”...

Can FIREPIN Token (FRPN) Reach Shiba Inu (SHIB)’s Success?


Cryptocurrencies have seen a massive surge in popularity in recent years, with new coins and tokens being created all the time. Some of these currencies, such as Bitcoin and Ethereum, have achieved massive valuations, while others have failed to gain traction. So what makes a successful...

Portuguese Football Legend Cristiano Ronaldo in NFT Partnership With Binance


Cristiano Ronaldo, one of the world’s top-earning athletes, has entered into a partnership with Binance which gives his supporters a chance to join the footballer’s Web3 community. According to Ronaldo, his partnership with Binance is “going to change the non-fungible token...

Gate.io Celebrates the Listing Of $EUL


Gate.io announced the listing of $EUL, trading for which will commence on June 24, 2022, at 5:00 AM UTC. The celebration has a prize pool of $1,000 that will be shared among 50 lucky winners. Participants are only required to follow Gate.io and Euler Finance, retweet the post, like it, and share...

Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors


Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive...

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