Category: Home News

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 […]

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 […]

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, […]

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 […]

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 […]

The Bitcoin Price has skyrocketed in Nigeria hitting $38,000 in the country’s local currency, the Naira. These skyrocketing prices of Bitcoin are above the global market level in between the continuous of central authorities for promoting digitalized cash. On January 30, 2023, the price of one Bitcoin on the Nigerian Crypto Exchange NairaEX recorded 17.8 […]

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 […]

Australia puts itself in the third spot globally after USA and Canada, after installing its 234th Crypto ATM, It was only at the beginning of January when Aussies hit the fourth spot, since then it has installed 16 more machines, while Spain lost 4 of them and El Salvador which stands at the fifth spot […]

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 […]

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 […]

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 […]