Big Crypto Game (CRYPTO) News

The Office of management and budget of the White House released the budget of the US government, for the fiscal year 2023. According to the proposal, the government could establish new rules for digital assets which would generate an additional $11 bln by 2032. The proposal also expands the ability...

During an interview with CNBC program Squawk Box, US Secretary of the Treasury Janet Yellen said crypto has a major role in investment decisions for Americans. Yellen restated her concerns towards digital assets viewing them as a threat to financial stability. Also, she mentioned the need to...

The Bank of England is set to sketch the first regulatory framework for crypto. According to the institution, the industry could pose risks to financial stability without being unregulated. The Bank mentioned that although the sector is still small, it sees rapid growth. Discussions over crypto...

The Chairman of the Federal Reserve, Jerome Powell believes that digital innovation won't go away, so there is a need for new regulations. In a virtual summit held by the Bank of International Settlements, Powel said that Distributed Ledger Technology and decentralized finance have the potential...

International investment bank Goldman Sachs implemented an Over the Counter crypto trade, becoming the first large US bank to do so. Galaxy Digital, a blockchain, and crypto-focused financial services institution, revealed that its trading unit has made the transaction easier in the form of a BTC...

The Ministry of Finance in India has defined new rules for the crypto sector. According to the publication by the government, losses and profits will be viewed separately. This means that traders can't set off losses incurred in a certain digital asset against income from another one. The policy is...

Malaysia’s Ministry of Communications and Multimedia, short for KKMM from Malay, offered to legalize the crypto sector. Datuk Zahidi Zainul Abidin, the deputy minister of KKMM, offered regulators to make crypto legal tender. According to him, this will help young people to actively use crypto,...

Australia’s government plans to define laws regulating the crypto sector and seeks feedback from businesses and individuals. According to a report by the Australian Financial Review, the Commonwealth authorities aim to explore new rules that will help Australia be a part of the growth of Web3....

Ethereum co-creator, crypto influencer Vitalik Buterin is on the cover of Time Magazine. The cover story "The Prince of Crypto Has Concerns' tells about Buterin as a person that entered the crypto sector with clear goals and objectives. In an interview with the magazine, Buterin said he hopes...

The CEO of the financial services and investment management company Galaxy Digital, Mike Novogratz says the world won't switch to bitcoin overnight, but we are entering the world where people will try to figure out what is the reserve currency, looking to different assets like gold and digital...

With the approval by the President Volodymyr Zelenskyy crypto is now legal in Ukraine. The decision was made amid the Russia-Ukrainian war. Ukraine received about $100 M in crypto donations for military equipment, humanitarian assistance and general aid. The Press Office of the Ministry of digital...

The European Union rejected the proposed bill that could have banned the first and the largest crypto, Bitcoin. Today, The Committee on Economic and Monetary Affairs (ECON) of the European Parliament voted on the Markets in Crypto Assets draft, with the majority saying no to it. MICA offered a...

The Chief Executive Officer of PayPal, Dan Schulman believes cryptocurrencies and blockchain will redefine the financial sector. In an interview with the Israeli tech news provider CTech, Schulman mentioned being excited about what crypto and digital ledger technology can do to the financial sector...

Business magnate Elon Musk tweeted about the current financial situation and inflation asking opinions about the future inflation rate for the coming years. Musk wrote that Tesla and SpaceX are seeing high inflation pressure in raw materials as well as logistics. As a common principle, Musk said...

The EU announced a new decision to extend the scope of sanctions on Russia and Belarus. According to a press release, published by the European Commission, the Members agreed to impose new targeted sanctions related to the situation in Ukraine and in response to the involvement by Belarus. The...

Today, the US Secretary of the Treasury, Jannet Yellen disclosed some details of President Joe Biden’s crypto executive order. According to the publication, the much awaited paper defines a detailed approach to digital currencies. It’ll support responsible innovation due to which the country,...

Leading crypto trading platform and development infrastructure provider Binance announced the launch of its fiat-to-crypto payments company, Bifinity. Bifinity supports more than 50 crypto assets and popular payment methods like VISA, Mastercard, and more. Powered by Binance, Bifinity is a...

DeFi architects Andre Cronje and Anton Nell, who have years of experience in developing and leading various projects, made a decision to leave the industry. According to a tweet by Anton Nell, the pair is ending the chapter of contributing to the DeFi/crypto sector. Nell added that there are about...