Cryptocurrency

Vietnamese Ministry of Finance is looking to regulate cryptocurrencies.

Vietnam is looking to regulate the crypto industry as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes. According to ASEAN Briefing, the Vietnamese...

Galaxy Digital to acquire crypto firm BitGo in a $1 billion deal.

According to the Wall Street Journal report, Bitcoin-focused firm Galaxy Digital Holdings Ltd. has agreed to buy BitGo for $1.2 billion in cash and stock, the first multi-billion dollar deal in the cryptocurrency industry. The deal also coincides with...

South Korean financial regulators seek banks’ help to regulate crypto better.

South Korean financial regulators have asked banks to declare their cryptocurrency businesses to figure out the exact numbers of crypto exchanges operating in the country, as it tightens its grip over illegal activities in the industry, according to local...

Bitcoin-related investment products attracted $442 million last week.

According to the latest weekly report published by CoinShares, the total inflows into the leading cryptocurrency investment products reached $489 million in the last week of April, the largest inflow since February 2021. Additionally, institutional inflows were mainly focused on Bitcoin....

Dogecoin is now more valuable than Ripple’s XRP.

The meme-based cryptocurrency Dogecoin reached an all-time high of $0.68 today after a more than 50% jump within a single day. The cryptocurrency crossed the total market cap of XRP on Wednesday after a significant surge in demand from...

ECB board member emphasizes the importance of privacy in any potential future CBDC rollout.

While addressing Union Committee on Economic and Monetary Affairs in April, European Central Bank board member Fabio Panetta emphasized the importance of privacy in any potential future CBDC rollout. The ECB had conducted a public consultation on the possibility...

Ethereum price hits an all-time high at $3,450 as it continues to extend its rally.

Ethereum price hit an all-time high of $3,456.57 as the cryptocurrency extends a rally that has seen its price gain around 360% this year. Interest in cryptocurrencies has surged over the past year, with bitcoin continuously pushing new record...

Dogecoin beats Tether’s market cap as it enters the top 5 cryptocurrencies.

Dogecoin (DOGE) is now more valuable than the world's most valuable stable coin, Tether (USDT). The meme-based cryptocurrency entered the top 5 digital assets list after posting a jump of nearly 15% in the last 24 hours. According to Coinmarketcap,...

Iranian companies can now pay for imports with officially mined cryptocurrencies.

Iranian firms can now pay for imports with cryptocurrencies, but only if it's mined in the country by authorized crypto miners. In its latest announcement, the Central Bank of Iran revealed a new regulatory framework that allows forex companies...

Indonesian lawmakers propose tax laws on cryptocurrency transactions.

Crypto traders in Indonesia may soon have to start paying taxes. According to local reports, the country's futures regulator is considering taxing all crypto transactions on licensed exchanges. The proposal is currently undergoing review by other regulators. Crypto trading...

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Vietnamese Ministry of Finance is looking to regulate cryptocurrencies.

Vietnam is looking to regulate the crypto industry as the government recently commissioned a research group for the purpose....