Most cryptocurrencies have seen price declines after China’s Anhui province revealed plans to ban crypto mining on July 14. Anhui was the latest region to take such measures. Authorities announced the reason was growing electricity demand and power supply shortage for the last three years....
New York-based financial market insights provider S&P Dow Jones has released another 5 crypto indexes. According to the article published by the company on July 13, the primary addition is the S&P Crypto Broad Digital Market Index (BDM). It tracks around 250 cryptocurrencies. The other 4...
Melbourne-based share trading platform SelfWealth included crypto trading in its 2021 roadmap. Today, July 12, the company published a blog post, where it revealed looking for a partnership with an experienced and reliable crypto exchange to start crypto trading on its platform. SelfWealth...
Widely popular social media app TikTok has reviewed its branded content policy. In a list of prohibited promotions, the app mentioned financial services, including cryptocurrencies. This also refers to lending and management of money assets, forex trading, loans, and credit cards, buy now pay...
White House announced that US president Joe Biden had a phone talk with Russia's President Vladimir Putin on July 9. The subject was ransomware attacks from Russia-based gangs that occurred recently. Biden said the US finds Russia must take measures against the cybercriminals when the US gives them...
Major crypto exchange Binance has shared the news of expanding its compliance team amid regulatory issues. Binance's new Director of Compliance is Jonathan Farnell. The exchange aims to develop the scope of its regulatory product, among them regulated e-money and crypto-asset services. Farnell...
Crypto financial operations enterprise BlockFi issued its BTC returns credit card. The initiative of the card was first mentioned at the end of 2020. At that time, the waiting list was opened. Currently, the process of approving customers from the list has begun. BlockFi's card offers users to...
China's Central Bank ordered the shut down of the software firm Beijing Qudao Cultural Development Co, saying it may provide crypto services. Authorities ordered the firm to cancel operations, also deactivating the website. According to Chinese law, Beijing-based companies are disallowed to...
On July 1, California-based financial services company Robinhood filed for IPO with the US SEC. The news came one day later after being fined $70 M by Wall Street's industry regulator. Despite the fine and lawsuits, the platform has been growing. Currently, it holds over $80 M in assets and the...
Today, July 1, business magnate Elon Musk tweeted about his favorite cryptocurrency Dogecoin, again. Particularly, he wrote, "Release the Doge" as a description of the meme that depicts a photo of the popular movie "Godfather". The changed words of Godfather are "You came...
American entrepreneur, the CEO of AI study and deployment company, OpenAI, Sam Altman presents a new startup, "WorldCoin" with two partners, Alexander Blania and Max Novendstern. The project gives a new type of crypto coin to every person. It needs to scan the people's eyeballs to provide...
American major bank BNY Mellon says it's the primary international bank to enable customers to hold, exchange and issue digital currencies. However, one of the bank's fund management branches doesn't quite agree with the company's crypto strategy. BNY Mellon's subsidiary Insight Investment which...
Leading cryptocurrency trading platform Coinbase has revealed plans to create a crypto app store presenting third-party developed products. On June 30, the company published a blog post, where Coinbase CEO Brian Armstrong shared the plans also talking about the path crypto and DeFi have been...
Data from Chainalysis shows that Indian's share of crypto investments has gone up to $40 M. Last year, the amount was $200 M. The youngest investors of the country are more tended to invest in cryptocurrencies than in precious metals. Over 15 million Indians are now purchasing cryptocurrencies....
Iran's Ministry of Industry has allowed 30 crypto mining companies to carry out operations after receiving licenses. The news was published on the official website of the country's regulatory body. Semnan province got six licenses. Alborz, Mazandaran, East Azarbaijan, and Zanjan got four licenses...
Racecar driver in NASCAR, Landon Cassill will get some amount of his salary in BTC and LTC in terms of sponsorship with crypto asset trading platform Voyager. Cassil shared the news via Twitter. Voyager concluded a contract with Cassill, which will start function this weekend. @InvestVoyager...
English-American computer programmer and entrepreneur John McAfee announced via Tweet that although the US believes he has hidden some crypto, his all crypto capital is gone. McAfee said he would like to have crypto but his holdings have dissolved by Team McAfee and the remained amount was seized....
Lately, Dutch official Pieter Hasekamp issued an article “The Netherlands must ban Bitcoin", where he said that crypto crumple is unavoidable and urged the authorities to forbid crypto sooner. Answering this, Finance Minister Wopke Hoekstra said he doesn't agree with an entire crypto ban....