Anisha

With the increasing participation of people in DeFi or Decentralized Finance, regulators all over the world are increasingly trying to understand and regulate the emerging industry by conducting research and studies. On Thursday, the International Organization of Securities or IOSCO published a report on DeFi aimed to give a better perspective to the industry and highlight some areas of […]

Meta has been wanting to enter the crypto industry for a long time. It started with its stablecoin called Libra which was later rebranded to Diem but the idea was shot down by authorities. At last, Diem was shut down and sold to another firm but the dreams of the firm did not die. In this report, […]

The president of El Salvador, who is the rising star among small countries that are aiming to solidify their economy, Nayib Bukele commented on the news that the highly-talked Accountability for Cryptocurrency in El Salvador Act (ACES) has passed the U.S. Senate Foreign Relations Committeeand is now waiting for a full Senate vote. The national […]

The leading provider of secure and reliable open-source oracle solutions, Chainlink Labs has announced a project that provides a blueprint for helping new crypto projects in their blockchain project building journey. The program called “Startup with Chainlink” aims to help early-stage entrepreneurs and developers with community groups, free information resources, and provide access to mentors from a group of business and […]

The renowned Australia and New Zealand Banking Group or ANZ has minted an Australian dollar (AUD) pegged stablecoin called “A$DC,” becoming the first Australian bank to do so. However, the competitor bank NAB also has revealed its plans on bringing its own stablecoin project which is expected to roll out by the end of 2022. […]

Charles Hoskinson, the co-founder of the Cardano blockchain, has jokingly admitted that his prediction of the amount of DApps arriving on the blockchain in July 2020 has not yet been realized. “Remember when I predicted thousands of assets and DApps on Cardano?” Hoskinson tweeted on Mar. 23, referring to his famous July 2020 remark. “Well, I was […]

Christine Lagarde, the European Central Bank president, has once again issued a warning that businesses and individuals in Russia are using digital assets to evade sanctions. On the contrary, the data from Chainalysis reveals that as of March 18, the crypto trading volume for daily ruble has been around $7.4 million, down by around 90% […]

On Monday, the emirate’s free zone, Abu Dhabi Global Market (ADGM), released a consultation document entitled “Proposals for enhancements to capital markets and virtual assets in ADGM.” The publication includes proposed guidelines for NFT trading, among other digital asset classes. Companies holding a license from the free zone’s financial regulator would be permitted to facilitate NFT trading, […]

It is a known fact that crypto adoption has been touching the skies this last year with institutions jumping into space like never before. The fan following has been rising at such a fast pace that many devoted followers have had the logo of their favorite crypto etched on their skin for life in the […]

The intergovernmental economic organization formed by 38 member countries, the Organization for Economic Cooperation and Development or OECD, has published a public consultation document this Tuesday where it suggested extra requirements on reporting cryptocurrency transactions and identifying users for increasing transparency for international tax authorities. The OECD opened for the public to comment on the requirement of […]

Digital currency investing and cryptocurrency asset manager Grayscale Investments has revealed a new crypto fund aimed at smart contract platforms excluding Ethereum, marking growing interests among investors for alternative blockchain networks. Grayscale aims exposure to several smart contract platforms Ex-Ethereum, the Grayscale Smart Contract platform has GSCPxE as its ticker symbol and is Grayscale’s 18th investment […]

The company that created the biggest NFT collection in the world, Bored Ape Yacht Club (BAYC), Yuga Labs, has announced it has secured a new $450 million through a seed funding round which has put the company to a valuation of $4 billion. The round is led by the venture capital firm Andreessen Horowitz or a16z, becoming […]

FIFA, the governing body behind major international soccer tournaments, has selected crypto exchange Crypto.com as its brand new official partner for its upcoming World Cup in Qatar. As per the official announcement by FIFA, the association has decided that Crypto.com’s branding will be displayed both inside and outside of stadiums in the FIFA World Cup […]

Republican Congressman Pete Sessions has come out with a unique claim that the impact of Bitcoin mining can have a positive impact not only on Texas but also on the entire United States. The renowned Bitcoin proponent and Texan representative, took the boldness to Twitter on March 22 stating that Bitcoin mining would play a […]

Over 50 companies that have marketed bitcoin services in the United Kingdom have received an enforcement notice from the Advertising Standards Authority (ASA), instructing them to assess their adverts to ensure they comply with new instructions. According to CoinDesk, the list of 50 companies includes all companies that have previously been subject to ASA judgments. Coinbase (COIN), […]

The Central Bank of Ireland has finally approved the crypto exchange platform Gemini to offer electronic money services in the country. The exchange is the first organization to receive the license since October 2020 and 18th overall. The other major firms with the license include Coinbase, Stripe, Meta, and Square. Gemini acquired its electronic money license on March […]

The securities clearing firm Euroclear, which claims to have more than 37.6 trillion euros in assets under custody, has announced that it has invested in a consortium of financial institutions aimed at regulated adoption of marketplaces and tokenized assets, Fnality International, for an undisclosed amount. On the other hand, Euroclear is working on its distributed ledger technology to […]

The United States Securities and Exchange Commission (SEC) has been maintaining its tough stance on Bitcoin exchange traded funds (ETF), by extending its window to approve or disapprove spot BTC ETF applications from asset managers WisdomTree and One River. The SEC will extend the deadline for approving or rejecting a rule change that will allow shares of […]