Crypto News

Binance CEO says the exchange will begin working towards regulatory compliance across the globe.

Binance CEO Changpeng Zhao has revealed that the crypto company will shift gears and begin working towards regulatory compliance across the globe. Zhao Tweeted several posts on Tuesday about the direction of his exchange. Binance CEO stated that he had hosted...

Amazon plans to explore crypto but denies bitcoin payments.

The world's leading e-commerce giant Amazon is looking for a digital currency and blockchain lead to leverage these technologies to better its payments system. This led to reports that Amazon was considering bitcoin payments, although the firm has denied...

Kazakhstan government is reportedly planning to allow banks to process crypto purchases.

The Kazakhstan government is reportedly planning to officially authorize local banking institutions to open bank accounts for cryptocurrency transactions. Several banks in Kazakhstan will soon be officially approved to service companies and businesses providing exposure to cryptocurrencies like Bitcoin,...

Goldman Sachs files to offer a crypto-related ETF.

The banking giant Goldman Sachs filed an application with the U.S. Securities and Exchange Commission (SEC) on July 26 for a DeFi ETF that would offer exposure to public companies. According to the filing, the proposed fund called the “Goldman...

Bitcoin falls as Amazon denies accepting BTC as payment.

Earlier, a report from London's City AM newspaper, citing an unnamed "insider," reported that Amazon might be looking to explore bitcoin payments, which sent the world's biggest cryptocurrency up as much as 14.5 percent before it trimmed gains to...

Bobby Lee says China’s crackdown on crypto mining suggests an oncoming ban on crypto.

Bitcoin advocate and Ballet CEO Bobby Lee recently discussed the implications of China's ongoing crackdown on cryptocurrency. Despite the government's support for a digital renminbi, Lee suggested that Beijing has no interest in nurturing the cryptocurrency industry. Considering his collisions with...

South Korea to tighten crypto regulations to check tax evasion.

According to the Reuters report, South Korea is looking to tighten a crackdown on tax evasion by cryptocurrency investors and high-income earners. The government is seeking fresh revenue to cover rising welfare costs, its finance ministry said on Monday....

Bitcoin briefly breaks above $39,000 in the largest single-day gain since mid-June.

Bitcoin's price has been in green since July 21, with Sunday's current price rise representing the largest single daily gain in over six weeks. The world's leading cryptocurrency is changing hands for around $38,400, having cooled slightly after hitting...

Turkey finance minister to soon introduce digital currency bill in the parliament.

Turkey is seeking to implement a regulatory framework that will regulate the digital currency industry. The country's Ministry of Treasury and Finance confirmed it has finalized a digital currency bill that it would propose to parliament in October in...

JPMorgan becomes the first bank in the U.S to offer Bitcoin to retail clients.

American financial institution giant JPMorgan has made cryptocurrency history by becoming the first bank in the U.S to offer Bitcoin to retail clients. As per a new report, the bank will be expanding a product it has been offering...

Latest News

Bitcoin soars above $40,000 as the crypto market cap is back above $1.6 trillion.

The price of the leading cryptocurrency bitcoin has initiated another leg up, resulting in charting a new two-month high...