Cryptocurrency

Binance has partnered with Blockchain Australia to help advance the adoption of blockchain technology.

The Australian branch of the crypto exchange giant Binance announced this week that it has partnered with Blockchain Australia, an industry body for Australian businesses and professionals in the blockchain space, to help advance the adoption of blockchain technology...

A new report reveals the majority of U.S. citizens are against the introduction of a CBDC.

According to a new survey by crypto mining firm Genesis Mining, most U.S. citizens are against the introduction of a Central Bank Digital Currency (CBDC). A survey conducted by Genesis mining discovered that out of the 400 participants, less than 25%...

Venezuela legalizes crypto mining, but all miners would have to join a national pool.

According to local crypto news source CriptoNoticias, Venezuela has announced the legalization of cryptocurrency mining in the country, but with the caveat that all miners join the national mining pool. Crypto mining was legalized by decree by the head...

Russia’s new crypto regulations require users to report their wallets or face imprisonment.

According to the local media outlet RBK, Russia's Ministry of Finance has prepared a new version of Russia's laws that introduce stringent measures regarding the usage of crypto wallets. The announcement follows an earlier attempt to prohibit crypto transactions...

US Banks can now hold reserves in stablecoins.

The U.S. regulators have given banks and financial institutions the authorization to hold reserves in stablecoins, opening up new opportunities for institutions to service the digital currency sector. In an interpretive letter issued by the Office of the Currency...

European Union to introduce a new set of laws to regulate crypto assets by 2024.

The European Union plans to introduce a new legal framework for governing digital currency assets by 2024, in a bid to provide greater comfort for financial institutions in embracing distributed ledger technology. According to recently published documents, the new...

Iran’s biggest power plants sell electricity for block reward mining.

Iranian block reward miners will now have access to electricity from three of the country's biggest power plants. In July, the Iranian government had issued a directive that allowed the country's power plants to get involved in block reward...

Federal Reserve Bank reveals details about ongoing research into a potential digital dollar.

The President of the Federal Reserve Bank of Cleveland has revealed details of the central bank's ongoing research into a potential digital dollar. Loretta Mester emphasized that the Federal Reserve has been exploring the central bank digital currencies since before the...

Crypto exchange Gemini receives an electronic money license from the U.K. financial regulator.

According to the Bloomberg report, cryptocurrency exchange Gemini Trust Company LLC is expanding into the U.K. after being granted an electronic money license from the Financial Conduct Authority. The New York-based firm was founded by famous twins, Tyler and...

The central bank of Europe is concerned over possible run on stablecoins.

The European Central Bank ((ECB) has warned the global community about the risks of so-called "stablecoin runs." Analogous to the term "bank runs" in the traditional financial system, stablecoin runs could occur if end users lose confidence in the...

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Bybit CEO claims most crypto exchanges are vulnerable to hacks by design.

Crypto exchange security has been a trending subject recently due to crypto attacks that happened in the past few...
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