Jesse Pollak’s ambitious projection envisions a future where a staggering 8 billion users are actively engaged on-chain. This would signify a momentous integration of humanity into the crypto world, effectively encompassing the current Earth population. The United Nations itself estimates that Earth’s population could reach 8.5 billion by 2030, providing further context to the scale… Continue reading Jesse Pollak a member of Coinbase, anticipates 8 billion on-chain users
A&G Funds, a subsidiary of a Spanish private bank, has recently introduced an actively managed cryptocurrency fund. This fund will primarily invest in various financial instruments like exchange-traded notes and products, rather than directly holding cryptocurrencies. According to a report from Europress, the bank has already registered the fund’s brochure with the regulatory National Securities… Continue reading A&G Bank based in Spain, introduces a Crypto Investment Fund for investors
The FSB published on Monday final recommendations requested by the G20 on supervising firms that trade cryptoassets such as bitcoin. The watchdog also revised its existing recommendations for stablecoins in light of the demise of TerraUSD/Luna coins. The collapse of FTX in November 2022 highlighted vulnerabilities from crypto firms and the FSB said that all… Continue reading According to the G20 watchdog, global regulations leave no refuge for crypto firms
G20 finance ministers convened in Gandhinagar to address various global economic issues, including tax reforms, crypto assets, and debt relief. One of the key topics discussed was the implementation of global tax norms, aiming to ensure that multinational companies pay their fair share of taxes in every country they operate. During the meeting, India’s economic… Continue reading G20 finance ministers are discussing global tax reforms, crypto assets, and debt relief
After the arrest and bail denial of Sam Bankman Fried- the former CEO of collapsed Crypto exchange FTX, the future of the crypto market is in debate. The entire money laundering and securities fraud due to this FTX collapse have led to over $8 billion in losses. However, analysts believe that despite this FTX collapse,… Continue reading Will the Cryptocurrency Market be Able to Survive after the FTX Collapse?
The UK’s central bank, the Bank of England, is inviting “Proof of Concept” applications for creating a sample digital wallet to hold CBDC (Central Bank Digital Currency) starting from Dec 23, 2022. As per the Bloomberg report, the BoE plans to launch a consultation for the CBDC case in the upcoming weeks. Along with that,… Continue reading Bank of England invites “Proof of Concept” applications for digital currency CBDC
If you’re a crypto enthusiast or an investor looking for the next big thing in the world of digital currencies, then you won’t want to miss out on the opportunity to get in on the ground floor of IMPT, the newest and most exciting green crypto to hit the market. IMPT, or the “Impact Token,”… Continue reading The presale of the revolutionary Green Crypto goes live!
The Bank of Russia is theoretically supporting the country’s decision to legalize cryptocurrency usage but only with the condition of banning local miners from selling cryptocurrencies to the local public. As per the latest bill proposed by the Russian Central bank, the cryptocurrencies generated through mining should only be exclusively traded to non-residents through foreign… Continue reading Bank of Russia Demands Ban on Miners from Selling Cryptocurrencies under New Mining Conditions
Amidst all the shocking news that is coming out of the crypto world, some acquisitions and mergers are also taking place. This might be seen as a good sign which tells that not all is over. Several firms in the crypto industry are managing to do well despite all the chaos that the industry is… Continue reading Crypto firm Galaxy Digital set to acquire GK8 platform from Celsius Network
The world of crypto has been receiving one bad news after another. The shocking debacle of the exchange FTX and its aftermath with BlockFi is still ongoing while another shocking news has come from Binance CEO Changpeng Zhao. Binance is a major crypto exchange that handles a lot of high-value transactions. And now, on suspicion… Continue reading All withdrawals on Binance paused after a possible Ankr hack