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Robinhood Lists Grayscale’s Bitcoin and Ethereum Trusts


On May 6, the financial services company Robinhood announced the firm has listed Grayscale’s Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Robinhood customers can now gain access the crypto investment products in order to get exposure to bitcoin or ethereum without actually owning...

Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks


The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...

XRP Could Jump Fourfold if Ripple Wins Against SEC - Survey


  The price of Ripple-affiliated XRP could be worth as much as USD 2.55 by the end of the year, provided Ripple wins its ongoing court battle with the US Securities and Exchange Commission (SEC), according to the average forecast by a panel of experts surveyed by comparison website Finder.com....

Ex-BitMEX Chief Arthur Hayes Wants Court to Excuse Him Jail Time


  The co-founder and ex-CEO of the BitMEX crypto exchange Arthur Hayes has asked a court not to give him jail time for failing to create an anti-money-laundering network on the platform – and has claimed that he will not repeat his crimes. Hayes has also sought permission to live abroad and travel...

Bill Regulating Crypto Mining Submitted to Russian Parliament


A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers...

Central African Republic Has Adopted Bitcoin as Legal Tender - Reports


  The Central African Republic (CAR) has seemingly confirmed reports that it has adopted bitcoin (BTC) as legal tender – becoming only the second country in the world and the first African nation to do so. Per reports from the French media outlets AFP and RFI, as well as Le Figaro, the CAR’s...

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