Category: Home News

February 6, 2023

A Switzerland – based wellness center called, “The Balance” which has its main facility located on the Spanish island of Mallorca and has other branches in London and Zurich added services aimed at treating a relatively interesting type of addiction – crypto trading to its list. The rehabilitation center estimated that around 1% of cryptocurrency […]

February 3, 2023

Previously, Indonesia’s financial services regulator hoped to set up a crypto exchange by the December 2022 which got delayed to several obstacles. However, Indonesia’s Ministry of  Trade has reset the plan and aims to roll out a national crypto exchange by June 2023, i.e six months after its previous target. Zulkifli Hasan, the Trade Minister […]

February 2, 2023

One of India’s biggest retail chains, Reliance Retail has announced that they have begun accepting digital rupees at one of their gourmet store line, Freshpik. Moving ahead, the company plans to extend more support to roll out the digital rupee in its businesses. Furthermore, Reliance Retail has partnered with the companies such as ICICI Bank, […]

February 1, 2023

Toyota is delving deeper into blockchain technology and understanding its use cases for improving organizational operations with a Web 3 hackathon for DAO developers. On February 1, Astar the multichain smart contract and decentralized application (DApp) network announced the Web 3 Hackathon which is supported by Toyota Motor Corporation. Furthermore,  Sota Watanabe, the founder of […]

January 31, 2023

Kazakhstan which is emerging as one of the biggest mining destinations in the world issued a consultation paper for gauging public interest in the proposed amendments and improving the cryptocurrency trading framework. The Astana Financial Services Authority which is a Kazakh regulator released the policy paper on January 27. The authority indicated that AIFC Digital […]

January 27, 2023

Concerning the collapse of a popular crypto exchange, FTX and other previous bankruptcy cases have prompted the need to address the crypto ecosystem’s liquidity and solvency concerns. As a result, the International Swaps and Derivatives Association (ISDA) is working on releasing two papers to address the fundamental legal risks associated with crypto markets. The ISDA […]

January 24, 2023

The Policymakers in the United Kingdom (UK) seem to have divided opinions on banning the sale, marketing, and distribution of crypto derivates or exchange-traded notes. The Regulatory Policy Committee believes that measures adopted by the country in the year 2021 seem unjustified in the present scenario and shall be altered. In January 2021, the Chief […]

January 23, 2023

The cryptocurrency products and services are a part of a new clause in South Africa’s code of advertising practice which the Advertising Regulatory Board has introduced.  Through regulated advertising practices, the country aims to protect consumers from unethical advertising. As per the issue, the companies and individuals in South Africa shall abide by specific advertising […]

January 20, 2023

Following the downfall of FTX, Moonstone Bank, the rural Washington State Bank has decided to exit rebrand and exit the crypto space. The company received an estimated investment worth $11.5 Million from FTX’s sister company named Alameda Research. The institution stated that it would exit crypto space for returning to its “fundamental mission” as a […]

January 19, 2023

The United States Financial Crimes Enforcement Network (FinCEN) which is a bureau of the country’s Treasury Department states that Binance is linked to the Bitzlato, which is seen as an illegal cryptocurrency platform. As per its order published on January’18,  FINCEN argued that the Binance cryptocurrency exchange was found to be amongst the “top three […]