Cryptocurrency businesses have continued to receive pressure globally from different regulatory bodies. For example, the Spanish National Securities Market Commission (CNMV) recently released a warning to many financial markets and crypto-related businesses. The warning is on unregistered services which they offer. From the official document from CNMV, about 11 entities received the warning from the…
The popular football Player Lionel Messi recently signed a contract with Paris Saint Germain. The contract, which will run for two years, comes with many tokens owned by PSG fans. The report we read discloses this arrangement between Lionel Messi and the French soccer club. Our new 💎 This is just the beginning … ❤️💙…
Tether (USDT) now has an advantage over USD Coin (USDC). As a result, Circle’s dollar-pegged stablecoin, USDC, lost one of its largest leveraging stances to its main competitor, USDT. Coinbase, one of the prominent players in crypto exchange, has made a crucial change on the USD Coin page. The crypto exchange placed the change on…
Alchemy has announced that it will be rolling out cryptocurrency cards that will support above 40 cryptocurrencies like Bitcoin and others. Furthermore, the crypto-fiat platform disclosed that users could link the cards to their Paypal digital wallets and Google Pay from the announcement. With such, users can pay through both Visa and MasterCard networks seamlessly.…
A $7 billion firm recently advised that land and cryptocurrency are two assets that can combat currency debasement. In addition, the contrarian investment company is telling investors that crypto assets will help them more to face the growing economic challenges worldwide. During a discussion, the co-founder of Horizon Kinetics, Peter Doyle, stated that the global…
Crypto continues to see tremendous growth these past weeks. Prices of coins have soared across the board as sentiments continue to skew in the positive. Investors seem to be pouring back into the market, with the market showing patterns that indicate current buy pressure trends are higher than sell pressures. Accumulation patterns continue to show…
Crypto continues to be a controversial asset when it comes to the law and crime. Just this fiscal year alone, the IRS has seized $1.2 billion worth of cryptocurrency. The U.S. government started seizing crypto assets during the Silk Road shutdown of 2013. And so far since, there has been crypto seized from individuals every…
The cryptocurrency industry might soon be flooded with different kinds of rules to checkmate its operations. The recent developments in the sector point towards a new SEC rule that will guide the security swaps occurring in many financial assets, including crypto. This information came from the SEC Chairman during a speech he gave to the…
Wells Fargo had announced earlier in the year that they planned to offer cryptocurrency investments to clients. Something that was referred to as a “professionally managed” cryptocurrency investment. Now the bank has announced that it will begin offering cryptocurrency exposure to its high net worth clients. The Wells Fargo Investment Institute had been working on…
Tether has been facing a lot of pressure from regulatory authorities. Now, the attention of the watchdogs has shifted to its commercial paper reserve. As a result, this week has been very hot for the company. The regulators focus their attention on what makes up the Tether reserves. Related Reading | Cardano Aims To Facilitate Users…