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Galaxy Digital crypto

Galaxy Digital Announced Raising $500 M

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Blockchain tech and crypto-focused financial services provider Galaxy Digital announced raising funds. The firm will contribute the amount to the growth of the crypto space. Galaxy Digital intends to raise $500 M by selling five-year convertible notes in exchange for company stocks. As the company...

CoinDCX India

Popular Indian Crypto Exchange Gets Ready for IPO

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The most prosperous crypto company of India, CoinDCX intends to hold an Initial Public Offering (IPO) when the question of regulations gets clear. CoinDCX co-founder Neeraj Khandelwal told about it during an interview with Bloomberg Television Monday. He also noted that an IPO delivers legitimacy...

China ban news platforms

Chinese Ban Expands to Crypto News Portals

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China is decisive to eliminate the exposure of Chinese residents to cryptocurrencies. The authorities didn't overlook news outlets and mining pools. Recently, major crypto media provider Chainnews, founded in 2017, announced shutting down. The editor-in-chief informed about the decision in his...

Germany crypto

German Chancellor-elect Olaf Scholz Issues Crypto Warning

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Olaf Scholz, the newly elected Chancellor of Germany issued a serious warning on Bitcoin and cryptocurrencies. According to an article published by Forbes, Scholz compared the growth of the crypto market to the 17th-century tulip mania of Holland. At the time, the value of tulip bulbs was extremely...

Ripple Brad Garlinghouse

Ripple CEO Talked About Crypto and the Lawsuit Ripple Faces

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During his recent interview on CNBC, Ripple CEO Brad Garlinghouse talked about inflation, crypto regulations, the dispute with the SEC, and what future developments he expects. The entrepreneur says currently the US sees inflation which it hasn't seen for decades. Being concerned to hold fiat...

Australia crypto opinions

Australian Regulator Warns About Crypto Risks

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Officials in Australia have different approaches to the crypto industry. Chairman of the Australian Securities and Investments Commission (ASIC), Joe Longo talked about cryptocurrencies on November 22, urging people to be careful about investing their all savings into unregulated assets that many...

Hillary Clinton crypto

Hillary Clinton Says Crypto Is a Great Treat To States

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During her interview with Bloomberg Policies, former US Secretary of State, Hillary Clinton talked about the crypto industry and how in her opinion, the advancement of technology treats nations' stability. Talking about technology, the politician said one of the areas that nation-states got to pay...

Argentina taxes crypto

Argentina Starts Taxing Crypto Transactions

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The new decree issued by the government of Argentina presents taxation rules for crypto transactions. It states the modifications aim to ensure that there is equal tax treatment for Payment Service Providers (PSP) and ensure fiscal sustainability. For that purpose, the country needs to limit...

India crypto Narendra Modi

Democratic Nations Must Work on Crypto Together: India's PM

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Prime Minister of India, Narendra Modi tweeted about the crypto sphere saying democratic nations must team up to work on the industry together, and make sure that crypto doesn't appear in the wrong hands. Otherwise, it will spoil the youth, the politician wrote. Modi expressed his opinion during...

Twitter CFO crypto

Twitter CFO Says the Firm Now Prefers Securities Over Crypto

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In a Monday interview, Twitter’s top financial manager Ned Segal said that at the moment the firm doesn't find it beneficial to invest corporate capital in BTC or other crypto. As the CFO says, instead of investing in volatile currencies, Twitter needs to add more stable assets like securities to...

Joe Biden signed infrastructure bill

President Biden Signed the Infrastructure Bill

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The US president Joe Biden signed a $1.2 trillion infrastructure bill that includes crypto regulation rules. According to the new law, digital currency transactions exceeding $10.000, must be reported to the Internal Revenue Service. The bill was first introduced in August this year, stating that...

Shiba Inu AMC Theatres

Shiba Inu (SHIB) Will be Accepted at AMC Theatres

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Chairman and CEO of AMC Theatres, Adam Aron announced that in 60-120 days, visitors will be able to pay for tickets and concessions via Shiba Inu (SHIB). The executive said that crypto payment service provider BitPay agreed to support the token meeting his request. Attention #SHIBArmy: Our friends...

Taiwan crypto regulations

Taiwan Made a Change in the Crypto Category Listing

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Financial regulators of Taiwan changed the business category of cryptocurrencies removing them from the class of "software design services". As local media announced, during inter-ministerial meetings and industry discussions held on Nov. 15, the Ministry of Economic Affairs informed...

Gemini Shiba Inu

Gemini Now Supports Shiba Inu, Audius, and Other Tokens

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Crypto exchange and custodian Gemini now supports Shiba Inu (SHIB), along with AUDIO, MUSK and other tokens of different types. As the Gemini team announced, deposits and custody on the platform now are available for them. The SHIB community expects crypto broker Robinhood to be the next adding...

China Communist Party Xiao Yi

Chinese Party Expels an Official for Violating Crypto Ban

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Xiao Yi, an ex-Chinese politician was expelled from the Communist Party for exploiting his power and being engaged in crypto mining operations. On November 13, the Central Committee of the Chinese Communist Party (CCP) announced the decision, presenting reasons. The report says that the highest...

AMC Theatres crypto

AMC Entertainment Now Accepts BTC, Ether, BCH, and LTC

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CEO of leading movie theater company AMC Theatres, Adam Aron said that users now can pay online for tickets and snacks in Bitcoin, Ether, Litecoin, and Bitcoin Cash. Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… Bitcoin, Ethereum,...

MiamiCoin rewards

Miami Residents Will Get BTC Dividend in a MiamiCoin Wallet

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Francis Suarez, the mayor of Miami, and one of the biggest crypto supporters said that the city residents will receive a Bitcoin dividend in their MiamiCoin wallets. In the interview with Coindesk, the mayor explained that returns will be in the form of yield received for the stake of MiamiCoin...

Ethereum news futures trading

Ethereum's Open Interest Hits a New All-Time High

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According to data analytics company Skew, the total number of Ether futures hit a new all-time high of $12.6 bln on November 10. The previous peak was reached recently, on September 6, when the indicator hit $11.1 bln. Open interest for BTC futures stands at $26.4 bln. The peak was set on April 14,...