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…
A popular service for tipping social network users has announced that it will cease functioning on New Year’s Eve. BottlePay links social accounts with Bitcoin wallets to allow users to reward each other for agreeable content. The news comes in response to EU anti-money laundering regulations. BottlePay has confirmed that users will still be able…
The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework.
The U.K.’s oldest cryptocurrency exchange has become the first company to be licensed by Gibraltar’s progressive blockchain legislation. The rules are a first for Europe and highlight the British Overseas Territory’s commitment to exploring technological innovations. Gibraltar Focusing on “Quality Not Quantity,” Coinfloor Proves Itself Worthy According to a report in the Financial Times, Coinfloor…
Celsius has been positioned as one of the leading yield-generating CeFi platforms on the market, battling neck-and-neck with other dedicated CeFi platforms such as BlockFi and Nexo. Their positioning is seemingly weakened this week, certainly with retail investors, as the platform sent out an announcement to all users and released a public announcement that new…
MicroStrategy is a business intelligence firm and one of the biggest holders of Bitcoin, the world’s most valuable cryptocurrency by market capitalization. And Michael Saylor, the former CEO of MicroStrategy, believes the cryptocurrency market is bottoming, and a Bitcoin rally is on the horizon. Regulation, Halving, And Ordinals Are Drivers In the interview, Saylor points…
Crypto’s next chapter is being shaped by regulators this year, and surprisingly, it’s bullish. Before Hong Kong’s Stablecoin Ordinance takes effect on August 1, the stablecoin market is booming. Retail is also paying attention. Best Wallet’s token presale just surpassed $14.3M, as investors increasingly bet on infrastructure that genuinely makes sense in a regulated crypto…
The regulatory battle with DeFi is heating up. The SEC now seemingly has it’s eyes set on arguably the largest cryptocurrency exchange in the United States. The news comes after five U.S. states sent individual notices to DeFi platform BlockFi in recent weeks. This week, reports have surfaced that Coinbase is facing regulatory scrutiny over…