Recently, more companies have seen the need to accept popular cryptocurrencies like Bitcoin, Bitcoin Cash, and Ethereum. On November 5, Kroger, a grocery chain, stated that it has started accepting Bitcoin Cash in its stores. This means that shoppers...
Recently, the Senate in Kazakhstan passed legislation to ensure that crypto platforms operating in the region are subjected to financial monitoring, in a bid to stop people from using them to give their illegal funds legitimacy. The Senate in...
The market capital of all cryptocurrencies combined has exceeded $3 trillion, just as Bitcoin, Ethereum and Dogecoin experienced strong gains. Data from crypto analytics platform CoinGecko, which currently tracks over 10,000 coins across 517 trading platforms, the market cap...
Two representatives, Darren Soto and Tom Emmer have sent a letter to the Chair of the US SEC, Gary Gensler, stating that a spot ETF was needed, and it was high time that it was approved. The letter went...
Some Islamic organizations believe that cryptocurrency can be likened to gambling, which makes it prohibited by Islam. One of the largest Islamic groups in Indonesia, Nahdlatul Ulama (NU), agrees with this thought. The Fatwa that they issued showed that...
Many governments have started enacting laws and guidelines concerning cryptocurrencies because of their expansion and adoption. The Slovenian Finance Ministry is actively involved in monitoring and regulating crypto usage. Recently, the ministry proposed a tax rate of ten percent...
With the Chinese ban on crypto, many OTC stores have been set up in Hong Kong. The region has actively participated in creating innovative crypto infrastructures and platforms like Crypto.com and FTX exchange. Several successful crypto exchanges started out...
Popular sports betting company DraftKing has taken a step further into the world of cryptocurrencies and blockchain by becoming a full validator for Polygon Network, an Ethereum-based scaling platform. The firm, whose market capitalization currently stands at $20 billion,...
Revolut, a cryptocurrency exchange firm, is taking measures to bolster its business in the United States. In order to drive awareness and bolster its business activities, the fintech company has begun offering transaction-free services to customers in the U.S....
Bitcoin has been a major force in the cryptocurrency market and still ranks as the number one digital coin based on its value and market cap. This digital asset has continued to shine since October began after losing over...
