Cryptocurrency Adoption

Cyprus registers Binance as a cryptocurrency service provider.

Binance, a cryptocurrency exchange, will be able to provide services for virtual currencies in Cyprus as a result of the platform's recent registration with the nation's securities regulator. The...

More than 24,000 ATMs in Brazil will offer USDT through Tether and Smartpay.

Usdt, the largest dollar-pegged stablecoin on the market, was created by Tether, a company. Tether recently announced that...

To solve the blockchain modularity issue, Celestia raises $55 million.

The project Celestia, which seeks to address the alleged centralization issue in the current monolithic blockchains, has announced...

Hong Kong considers removing the “Professional Investor-Only Requirement” and allowing retail investors to trade cryptocurrency.

Securities and Futures Commission (SFC) of Hong Kong's director of licensing and head of the fintech division both...

A Societe Generale subsidiary in France, the third-largest bank, has been registered as a provider of digital asset services.

The third-largest bank in France's subsidiary, Societe Generale-Forge, has been registered as a provider of digital asset services...
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The USDT stable coin has been declared an official currency by Myanmar’s shadow government.

Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared the United States...

Amex, Visa, Citi, and Paypal all invest into a cryptocurrency transaction monitoring and forensics platform.

American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors...

Meta relaxes Facebook’s crypto ad policy, claiming that the cryptocurrency market is still maturing and stabilizing.

Meta, formerly Facebook, has relaxed its policy for cryptocurrency advertisements, making it easier for companies to run crypto ads on its platform. “We’re doing...

NFTs are taxable in South Korea, as per the financial authority.

Korean lawmakers plan to impose taxes on NFTs after classifying them as virtual assets. Nonfungible tokens, or NFTs, will be taxed beginning next year, according...

El Salvador will issue a $1 billion Bitcoin bond to enable fund development of ‘Bitcoin City.’

President Nayib Bukele told a huge crowd at Bitcoin Week in El Salvador on Saturday night that El Salvador, the only country where bitcoin...

Australia’s Largest Bank Sees ‘Bigger Risks in Not Participating’ in Crypto

The CEO of Australia's largest bank, Commonwealth Bank of Australia (CBA), sees significant risks in not investing in bitcoin. He explained, "We see risks in participating, but we see bigger risks in not participating." In an interview with Bloomberg Television in Sydney on Thursday, Commonwealth Bank of Australia CEO Matt Comyn discussed the fear of missing out...
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