Business

Russia not ready to accept Bitcoin as legal tender, says Kremlin

Amid El Salvador officially accepting Bitcoin (BTC) as legal tender on Tuesday, Sept. 7, the Russian government has reiterated its negative stance to a scenario

Business

Republic of Panama introduces bill for regulating crypto

Amid Bitcoin (BTC) becoming legal tender in El Salvador, another country in Central America is progressing on its way to enable freedom to use cryptocurrencies

Business

Bitfinex launches security token platform regulated in Kazakhstan

Hong Kong-based cryptocurrency exchange Bitfinex is moving into the security token offering (STO) industry by launching a new STO platform regulated in Kazakhstan. Bitfinex Securities,

Business

Caitlin Long takes aim at The New York Times over crypto ‘alarm’ article

Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance is

Business

Crypto mining demand soars in Vietnam amid Bitcoin rally

The cryptocurrency mining market in Vietnam is reportedly reviving amid the renewed crypto rally, where Bitcoin (BTC) surged above $51,000 for the first time since

Business

NFL reportedly bans teams from crypto advertisements and NFT sales

The United States National Football League (NFL) has reportedly barred all teams and members from crypto-related sponsorships and advertisements, as well as nonfungible token (NFT)

Business

Regulating crypto could give it ‘halo’ of legitimacy, says UK watchdog

Regulators must step up protections for consumers who invest in crypto tokens but also keep in mind that overreach could backfire, the chair of the

Business

Lobby Lobsters NFT drop raises $4 million in one hour to support DeFi lobbying efforts

Nonfungible tokens (NFT) depicting cartoon lobsters in suits have raised more than $4 million to support lobbying efforts supporting the decentralized finance (DeFi) sector. On

Business

Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto

While regulators have often targeted projects in and out of the crypto space, the fines levied against digital asset exchanges are a fraction of those

Business

Binance pushes back against warning from South Africa regulator

In response to a warning from South Africa’s Financial Sector Conduct Authority, major cryptocurrency exchange Binance has said it is in compliance with local regulators