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Spanish rehab center adds crypto trading addiction to services list
6.2.2023
The rehabilitation center estimates that about 1% of cryptocurrency traders will develop an "extreme" addiction to crypto trading
Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading
4.2.2023
Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks...
Binance Says Indian Crypto Exchange Wazirx Can No Longer Use Its Wallet Services
4.2.2023
Binance has announced that Indian crypto exchange Wazirx can no longer use Binance wallet services. Zanmai, the operator of Wazirx, has until Feb. 3 “to remove the funds from the accounts that they used for Wazirx’s operations.” The move followed a public dispute regarding...
Binance Terminates Wallet Services to WazirX, Asks Exchange to Withdraw Assets
3.2.2023
Binance has stopped providing wallet services to WazirX, asking the Indian crypto exchange to withdraw any remaining assets held in Binance wallets.
In a Friday blog post, the largest cryptocurrency exchange in the world said it is terminating the use of its wallet services by WazirX due...
South African Retailer Pick n Pay Now Accepting Payments via BTC at All Its Stores
3.2.2023
Pick n Pay, one of South Africa’s leading retailers, reportedly now accepts bitcoin as payment at all its stores across the country. Using the bitcoin lightning network, Pick n Pay’s customers can now buy items such as groceries, airtime and electricity tokens. Using BTC for Everyday...
Ebay Expands Into NFT and Web3 Space With New Job Openings
3.2.2023
The online marketplace giant, Ebay, is seeking to fill several positions in the area of Web3 and non-fungible token (NFT) technology, according to several Linkedin job postings. Ebay is looking for a “creative crypto attorney” for the marketplace, Knownorigin, which it acquired in June...
Indonesia targets launch of its national crypto exchange by June
3.2.2023
Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021
Amazon Looking to Hire Web3 Staff for Its Cloud Services
2.2.2023
The biggest infrastructure provider in the world is targeting Web 3 for growth
State of play: Decentralized domain services reflect on industry progress
2.2.2023
Major decentralized domain services weigh in on the state of the industry and the potential for future growth
Indian Government Introduces New Crypto Tax Penalties
2.2.2023
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed...
Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services
1.2.2023
LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank
Web3 could seize on the decades-old software-as-a-service business model
1.2.2023
Web3 needs to set off toward new horizons to continue disrupting traditional industries, and B2B SaaS can enable that
Crypto Services Company Prime Trust Lays Off One-Third of Staff
30.1.2023
Prime Trust laid off staffers in its communications and compliance as it navigated a rocky start to 2023
Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure
30.1.2023
Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations....
JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review
29.1.2023
JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital currencies (CBDCs) and stablecoins as a “natural...
New York State Takes a Step Toward Cryptocurrency Adoption with New Bill
29.1.2023
The state of New York has announced a new bill that would allow agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees, and other payments charged by the state.
Introduced on January 26 by Democratic Assembly Member Clyde Vanel, the New York State Assembly...
New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies
28.1.2023
A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation proposes allowing crypto to be used as “a means of payment of fines, civil penalties, rent, rates, taxes...
US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities
28.1.2023
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
27.1.2023
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...
Congressman Hill to 'make sure' US is the place for blockchain innovation
27.1.2023
The chair of the Financial Services Subcommittee on Digital Assets wants to make America the place for fintech and blockchain innovation