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'Pro crypto bill' passes out of US House Agriculture Committee
27.7.2023
The Republican bill, dubbed FIT for the 21st Century, was drafted by two House committees and passed after strenuous preparations by members of both parties
Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager
27.7.2023
The Morgan Creek Capital Management founder said that bitcoin will reach $300,000 by Bitcoin’s 2028 halving
Unblocking Crypto: How to Access The Asset Class
27.7.2023
Since many options are available for digital asset investment and we see more digital asset investment vehicles, now is a great time to start. Understanding the choices available for will help clients of advisors plan how to support them
Asset Tokenization in Europe Gets a Boost With Securitize's Landmark Tokenized Equity Issuance
27.7.2023
The firm started issuing tokens representing equity in a Spanish real estate investment trust under Spain’s new digital asset supervision
Securitize issues tokenized assets in Spain, plans September trading start
27.7.2023
The U.S.-based trading platform is set to become the first to issue and trade tokenized assets in both the U.S. and the EU, and will operate under the new DLT pilot regime
Over 10,000 South African Retail Outlets Now Accept Momint Crypto Vouchers
27.7.2023
Momint, a Web3 marketplace app, has said South African residents can now use cryptocurrency to purchase shopping vouchers which are accepted by over 10,000 retailers. The Momint app can also be used to send cross-border remittances at a fraction of the fees charged by regular money transfer...
Rain Crypto Exchange Secures License for Virtual Asset Brokerage and Custody in UAE
26.7.2023
Rain, a Middle East-based crypto exchange partly backed by Coinbase, has secured a license to operate in the United Arab Emirates (UAE), the firm announced on Tuesday.
The granting of the license means that Rain now can call itself a regulated crypto exchange in the UAE, making it easier for local...
South Korea strengthens crypto regulation with LEI adoption and crime unit
26.7.2023
The decision was driven by the country's concern over illicit activities in the crypto market and the desire to safeguard investors
Namibia signs crypto exchange regulation bill into law
26.7.2023
The law will officially enter into force at a date determined by Namibia’s Ministry of Finance
Ripple vs. SEC — Respite for a Beleaguered Industry
25.7.2023
On July 13, 2023, the U.S. District Court for the Southern District of New York (SDNY) finally issued an order in the infamous case brought by the Securities and Exchange Commission (SEC) against the payment settlement system and currency exchange, Ripple Labs, Inc. (Ripple). District Judge Analisa...
Avalanche Foundation allocates $50M investment to on-chain asset token purchases
25.7.2023
Called "Avalanche Vista," the initiative will consider investing in any asset that can be tokenized
Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
25.7.2023
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets, Reuters reported
US crypto's future could fall on these 4 digital asset bills
25.7.2023
The crypto bills could hand power to the purportedly more crypto-friendly CFTC and better define the SEC’s jurisdiction
Crypto investors cool on Bitcoin funds, turning to Ether and XRP
25.7.2023
Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill
Crypto lender Delio warns normal operations in jeopardy after asset seizures
24.7.2023
The South Korean crypto lender has had to halt certain interest payments amid a recent investigation resulting in the company and its customers' assets being seized
Ethereum Targets $2,000 Bounce: Santiment Predicts August Rally Amid ‘Eerily Quiet’ Market
22.7.2023
Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might claw its way back to the $2,000 territory in...
Bitcoin ETFs Can ‘Act as a Gateway to Crypto for Many’ — Mintlayer CEO Enrico Rubboli
22.7.2023
According to Enrico Rubboli, the CEO of Mintlayer, Bitcoin exchange-traded funds (ETFs) can potentially act as “a gateway to crypto” for users who are likely to eventually show greater interest in the underlying asset. Rubboli argued that while bitcoin maximalists may view Blackrock...
ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig
22.7.2023
Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced...
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
21.7.2023
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated in the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack, have reached a plea bargain, as revealed by recent court records. The pair is scheduled to appear before U.S. judge Colleen...
Bitcoin no longer asset of choice for criminals - former Elliptic crypto advisor
21.7.2023
Criminals have moved away from using Bitcoin for money laundering, with stablecoins emerging as an alternative due to accessibility