On 8 June 2022, the New York State’s Department of Financial Services (DFS) issued a Regulatory Guidance on Baseline Criteria for USD-Backed Stablecoins. The Guidance applies to entities licensed by the DFS to engage in virtual currency business activity (so-called “BitLicense”)...
Lawmakers introduce a new US Senate bill proposing that bitcoin transactions under $200 be tax-free. The bill will pave the way for a cryptocurrency that functions more like money. Two US federal lawmakers have released the first full draft...
The Hong Kong Securities Regulatory Commission (HKSRC), Hong Kong's apex securities regulator, has warned residents about the potential risks associated with owning and interacting with Non-Fungible Tokens (NFTs). Potential investors are advised to understand the risks involved before investing...
Checkout.com, a well-known payments company valued at $40 billion, now accepts and processes cryptocurrency payments. It is one of the latest online payment startups to incorporate cryptocurrencies into its payment structure. The company will allow its merchants to accept...
The US Securities and Exchange Commission has launched an investigation into Binance to determine whether the company's sales of the BNB token qualify as a securities sale. According to reports, the investigation seeks to determine whether BNB was treated...
The two prominent projects building on the highly scalable blockchain, Algorand, have agreed to a strategic partnership. Goracle, a decentralized oracle network, will incorporate data feeds into the HEADLINE's Dev Tools. The former is known for creating a bridge...
Warner Bros. has entered into a strategic partnership with Nifty's, an NFT social marketplace. The collaboration aims to launch the "Looney Tunes: What's Up Block?" Both organizations will design and release an NFT collection based on Looney Tunes to...
Solana went offline for the fifth time in 2022, despite the network struggling to deliver on its lofty promises. Unlike the last time Solana went down owing to a bot assault, this downtime was due to "durable nonce instruction."...
The notable metaverse NFT game, SolChicks has announced a new roadmap that details what it intends to achieve within the coming months. SolChicks is a metaverse NFT game worth intriguing gameplay and lucrative earning opportunities. It is one of...
The Kazakhstan government encourages crypto mining in the country to generate revenue. According to reports, the government received $1.5 million from crypto miners in the country during the first quarter of 2022. The revenue is generated through government fees...
