Finance and Business News

U.S. senator, Pat Toomey has called out Gary Gensler, the present chairman of the U.S. Securities and Exchange Commission (SEC). The high ranking senator in his letter to the SEC chairman, explained that there is need for SEC to really say in clear terms, how to be in line with crypto regulations. Pat also said […]

After three successful and viral public sales, Bit2Me, a Spanish crypto exchange, has finally raised a total of 20 million EUR ($23.9 million) to expand its newly released token, B2M. The opening sale came on September 6, from which the platform collected a tremendous $5.9 million within a minute. The second sale performed excellently and […]

The British parliament has commenced an inquiry into matters around the adoption of a digital pound. The house called on the public to submit evidence to support the adoption of such an innovation in the country. Calls for a CBDC have increased globally with many countries in different stages of research, implementation, and testing. In […]

In a new development in the case against Robinhood, new documents showing internal conversations between company executives have been brought forward. The documents show Robinhood executives lamenting the financial state of the company in contradictory terms to the CEO’s public statement. Recall that the CEO of Robinhood, Vlad Tenev, had on January 28 stated categorically […]

Bank of England, Deputy Governor Sam Woods stated on Thursday that he would spearhead the proposal of capital measures against crypto if it comes down to it. The goal is to prevent Britain’s banks from over-exposure to crypto assets without being backed by sufficient capital. Already, the Basel Committee of banking regulators is working on […]

In what is another regulatory crackdown, the People’s Bank of China has announced new regulations relating to cryptocurrency. This time, all crypto-related services will bear the brunt. In a statement released on the bank’s website today, cryptocurrencies do not have the same legal status as traditional currencies. As such, the bank warned against circulating them […]

One of the world’s most famous magazines, TIME magazine launched its own NFT collection. The rising interest of fans and collectors in NFTs is what inspired TIME to come up with its own NFT collection. The NFT collection is called the “TIMEPieces” and has attracted a lot of attention in the crypto world. Diving further […]

Crypto adoption is gradually becoming an issue for most of the world’s governments. This year saw a widespread surge in crypto investment and adoption as well. While there are plenty of central banks planning their own CBDCs, the Chinese Central Bank (PBoC) is one of the first to do so. Although the Chinese Central Bank […]

US treasury issues updated advisory following sanctions on Crypto exchanges linked with ransomware. Two days ago, the office of foreign assets control of the US Department of Treasury, had meted out sanctions against SUEX OTC, S.R.I., a crypto exchange, for its seeming complicity in recent ransomware attacks. And now, the department has released an updated […]

The event will assemble important investors and leading projects within the region Asia Disruptive Investment Summit Hosted by GDA Capital The event will compile important investors and leading projects within the region Toronto, ON, Aug. 31, 2021 (GLOBE NEWSWIRE) — North American digital asset leader GDA Capital has announced the launch of the Asia Disruptive […]

Earlier in the year, leading Dutch football club PSV Eindhoven became the first football club in Europe to receive its entire sponsorship payment in Bitcoin. The club, in a recent interview with Bitcoin Magazine has revealed that it is still hodling the coins it received. According to the commercial director of the club, Frans Janssen, […]

Most governments worldwide are worried about the regulations and monitoring of stablecoins. On the other hand, China is planning to bring a Yuan-pegged stablecoin for crypto trading. This coin is the ‘offshore Renminbi.’ Chris Banbury, the chief of global operations at Conflux stated in an interview that the firm would offer its tools and advanced […]

Barely a week after announcing that it would now accept Bitcoin for payments, AMC Entertainment, may begin to accept Dogecoin for payment. The American movie theater chain had on 16th September 2021, announced that it will soon allow customers to buy movie tickets using their cryptocurrency holdings. The meme-stock holder stated that it would allow […]

At the moment initially supporting BTC and ETH only, Investment Bank BTG Pactual’s new crypto trading platform plans to permit its users to trade a good range of altcoins. Leading Brazilian investment bank BTG Pactual has launched a replacement platform enabling customers to create direct investments in cryptocurrencies. The bank’s Mynt platform currently allows users […]

USA trading platform Robinhood ( Read Robinhood app review ) has been test driving its highly anticipated crypto wallet as users clamor for more functionality. The millennial investor loved trading portal is edging closer to launching a long-awaited app that may enable its growing user-base to send and receive cryptocurrencies. A beta version of Robinhood’s […]

The love for crypto and Crypto Adoption in Africa grows a day, based on Chainalysis information. But over a trend, it seems to be a necessity. Africa is that the undisputed global champ in crypto adoption, with growth exceeding more than 1200% within the last year, enough for its countries to dethrone a part of […]

Well known Brevan Howard, a EU hedge fund management company said it’ll be increase its crypto business, so it means new investments will be forwarded to crypto markets. Brevan Howard Digital, which is that the hedge fund’s recently created company unit, is anticipated to “manage its cryptocurrency and digital assets.” Growing Interest in Crypto From […]

Crypto asset manager Osprey Funds has launched a Solana trust product for personal placement. The product will offer exposure to SOL, the native token used on the Solana blockchain. Osprey said it’s the primary investment product within the U.S. to take a position exclusively in SOL. Osprey rival Grayscale recently said it’s exploring to launch […]