Jesse Pollak a member of Coinbase, anticipates 8 billion on-chain users

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 Bank based in Spain, introduces a Crypto Investment Fund for investors

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

According to the G20 watchdog, global regulations leave no refuge for crypto firms

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 are discussing global tax reforms, crypto assets, and debt relief

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

Bank of England invites “Proof of Concept” applications for digital currency CBDC

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

Bank of Russia Demands Ban on Miners from Selling Cryptocurrencies under New Mining Conditions

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

Crypto firm Galaxy Digital set to acquire GK8 platform from Celsius Network

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

All withdrawals on Binance paused after a possible Ankr hack

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

Stripe launches Fiat-to-Crypto offering for Web3 businesses

Whether you like crypto or not, one thing you can’t do in the 21st century is ignore crypto. Cryptocurrency become such a big thing in the financial landscape of our economies. And with the latest technologies like Web3 coming into play, crypto is likely to gain more and more prominence. In the latest development around… Continue reading Stripe launches Fiat-to-Crypto offering for Web3 businesses