U.S. Senators Elizabeth Warren and Roger Marshall recently sponsored a bill titled "The Digital Asset Anti-Money Laundering Act." The primary goal of the bill is to reduce the use of cryptocurrency for money laundering. The Digital Asset Anti-Money...
Japan's ruling party has agreed to loosen corporate tax restrictions for digital currencies, demonstrating support for a sector that has been rocked by a series of disruptive events. In July, the Japan Cryptoasset Business Association and the Japan...
Changpeng Zhao (CZ), CEO of Binance Holdings Ltd., tried to address fears about the state of the company's finances in a memo to his staff. He warned his team to brace themselves for a string of challenging months....
Coinbase, a cryptocurrency exchange, encouraged its users in an official blog post on December 8 to convert their USDT to USDC. According to Coinbase, USD Coin (USDC) is a reputable stablecoin that offers clients stability and confidence during...
Social media has become an essential component of the digital age, transforming how we communicate with one another. It enables us to stay in touch with friends who live far away, communicate with one another, and access an...
Daniel Shin, a co-founder of Terraform Labs, appeared in court on Friday to address whether or not he should be detained for allegedly making illicit profits prior to the dramatic collapse of the Terra-LUNA ecosystem. Shin is accused...
Nigeria's finance ministry is currently drafting a "Finance Bill 2022" that includes taxes on digital assets, cable undertakings, lottery, and gaming businesses. This was disclosed during a virtual National Executive Council (NEC) meeting presided over by Vice President...
In an interview with Bloomberg, Sam Bankman-Fried (SBF) admitted that he had allowed Alameda Research to violate FTX margin restrictions. He admitted that a post-LUNA crash meeting had taken place during which they discussed what to do about...
Huobi Global, or simply Huobi, is one of the major digital currency exchanges where you can trade cryptocurrencies. It is one of the world's most trusted, proven, and largest cryptocurrency exchanges in terms of traffic, trading volume, and...
One of the long-standing issues with Web3 and cryptocurrency technologies is their accessibility. There is a lot of talk about blockchain technology, cryptocurrencies, and NFTs. Still, only a few people are familiar with the terms and applications of...
