News and Articles by Anahit

The regulatory agency of the United Kingdom, Financial Conduct Authority (FCA) said that crypto assets firms refer to the class of organizations that must deliver financial reports of crime (REP-CRIM) annually. We have published our policy statement, which will see #crypto asset businesses added...

On March 29, the U.S. district court of New York issued an answer to the request made by XRP holders. Judge Analisa Torres approved their appeal to be engaged in the SEC’s lawsuit against Ripple Labs as third-party defendants. As stated in the released decision, XRP holders can file their motion...

Leading cryptocurrency trading platform Coinbase has employed a previous executive of the SEC's Trading and markets section Brett W. Redfearn before going public with direct placement on Nasdaq. Brett Redfearn's position at Coinbase is Capital Markets' head. He is an experienced specialist serving...

Tether stablecoin 1:1 backed to USD, issued a certitude report carried out by accounting operations provider Moore Cayman. The paper states that USDT units are 100% sustained. Earlier, Paxos stablecoin released a similar report. Moore Cayman's estimations show that Tether’s holdings as of Feb....

Major payments entity PayPal announced enabling US clients to pay merchants from over the world with crypto. Specifically, users holding BTC, Eth, Bitcoin Cash (BCH), and Litecoin (LTC) in PayPal wallets will have the option to exchange them with fiat money at checkouts for trading. PayPal's Chief...

On March 29 the U.S. SEC has submitted a suit against the distributed content protocol LBRY. The agency stated LBRY is trading unlisted securities via its native cryptocurrency and that there is a violation of the Securities Act of 1933. LBRY is a decentralized project created for content. Its...

Blockchain solutions company Ripple, which created the token XRP announced acquiring a 40% stake in Asian cross-border transfers firm Tranglo. The goal of this cooperation is to extend RippleNet’s On-Demand Liquidity (ODL) services in Asia. Tranglo and Ripple's cooperation suggests supporting the...

Latvian aviation company airBaltic announced today (March 29) about enabling Doge and Ether as a payment method. The firm was the first to accept Bitcoin payments back in 2014. Then it added Bitcoin Cash (BCH) and four stablecoins backed by the USD: USD Coin (USDC), Binance Dollar (BUSD), Gemini...

In 2021 first Bitcoin ETFs got validated. The interest in these products keeps rising. They are exchange-traded funds that follow the value of BTC and the trading process is held on traditional markets in the place of cryptocurrency exchanges. So, BTC exchange-traded funds enable investing in the...

American television show Saturday Night Live (SNL) prepared a sketch/rap about NFTs in the March 27 release. The skit depicts a scene in a classroom where an actress playing the role of US secretary of treasury Janet Yellen conducts an economics lesson. She asks if any of the students have...

International payments technology company Visa said on March 29 it will unlock the option of using USD Coin (USDC) to settle transactions on the platform. Visa teamed up with cryptocurrency and payment operations provider Crypto.com to launch the pilot project. The company aims to offer more firms...

A Youtuber with the nickname “stacksmashing” shared a video on March 27, where he converts his 30 years old 8-bit handheld video game console into a mining device for Bitcoin. Nintengo Game Boy was initially an electronic device for outputting a video signal or image to illustrate a video...

California-based crypto venture company Dragonfly Capital established another fund valued at $225 M to invest in various crypto-related undertakings. In a post published on March 26, the company mentioned it considers mainly investing in four sectors: DeFi networks, NFT market, Ethereum Layer 2...

Canadian singer, songwriter, and record producer the Weeknd made a vague post on his Twitter account saying his new track living in NFT space is expected soon. The Weeknd didn't disclose more details. new song living in NFT space. coming soon...— The Weeknd (@theweeknd) March 26, 2021 ...

Data provided by blockchain analytics firm Glassnode shows that the number of addresses having one Bitcoin or less now is 5.20% of the entire supply of the cryptocurrency. After hitting tops of around $1.83 Trillion, the market capitalization of Bitcoin fell. At the moment it states at around $989...

Layer 2 scaling solution for Ethereum environment, Optimism informed about postponing the mainnet release no sooner than July. The rollout was expected to go live this week. According to Optimism, the launch date isn't certain as it requires the united work of the Ethereum community. Particularly,...

Today, March 26 the Bank of Japan published an announcement on behalf of the executive director UCHIDA Shinichi concerning the country's CBDC. The Bank informed it will begin to test the implementation and main functions of its digital currency from April 2021. There was established Liaison and...

On March 26, the Commonwealth of Australia initiated a program named "Blockchain Pilot Grants". As stated in the document, financing aims to help organizations with overcoming issues concerning compliance with regulations. Two pilots will be financed up to $ 3M for putting forward...