With over 60 cryptocurrency exchanges in South Korea will send notifications of a partial or complete trading ban by Friday midnight, one week until the new legislation takes effect. The Financial Services Commission, South Korea’s primary financial regulatory authority, said in April that all exchanges throughout the country should register with the Korea Financial Intelligence … Read more
On Monday morning, the global cryptocurrency market took a hit, with the price of bitcoin, the most valuable cryptocurrency, plunging below $44,000. It is presently trading at $44,068, down 7.45 percent over the previous 24 hours. On China Evergrande Group’s debt troubles, shares in Asia and Europe plummeted, while US equities futures were in the … Read more
US billionaire Ray Dalio has expressed concern that countries like India and China are holding back the growth of Bitcoin, the world’s top-rated cryptocurrency. In an interview with the media earlier this week, the 72-year-old former co-Chief Investment Officer of Bridgewater Associates, the world’s largest hedge fund, feared global regulators might try to crack down … Read more
British bank Standard Chartered issued a report that company analysts are favorable about the cryptocurrency Ethereum. Analysts at the bank believe Bitcoin could hit $175,000 and stated that we rate Ethereum at $26,000 to $35,000. Bank of England Issues “Ethereum Investor Guide” Standard Chartered the UK multinational banking and financial services issued a report that … Read more
A bar & pub in Brussels which is frequented by local anarchists lately introduced their new way of payment with crypto tokens. The place was recently renovated and the owner mentions that crypto tokens especially Bitcoin are the future’s money. The owner further added that their outlet is one of the first among all establishments … Read more
The UK Financial Supervisory Service (FCA) has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA has stated that Binance may offer some securities services, but not crypto-related services in the UK. Binance followed FCA compliances The UK Financial Supervisory Service (FCA) announced on Wednesday … Read more
19 people have been arrested in Hong Kong in connection with crypto scams that mislead 170 people in Hong Kong, China, Taiwan, and the UK, police said. Hong Kong police crackdown on crypto scams On Friday Hong Kong police have cracked down on a scam and in connection to this police arrested 19 people. The … Read more
Ethereum is the most popular cryptocurrency with over 4,000 adults surveyed in Singapore, according to a new study. The second most popular cryptocurrency is Bitcoin and it is followed by Cardano. A survey is done to check the popularity of the cryptocurrencies, in this survey Ethereum comes out as the most popular cryptocurrency in Singapore. … Read more
Wealth management firm Vaneck has requested for a publicly traded Bitcoin Futures Fund (ETF) after the statements of Gary Gensler to the SEC (Security and Exchange Commission. Vaneck is applying for a Bitcoin future-focused fund called the Bitcoin Futures Strategy ETF. Asset management company Vaneck applied for listing with the SEC on August 10th for … Read more
After getting the new update Ethereum blockchain network providing new and decent slugs for fresh crypto token Solana. Solana challenges the most popular, established, and crypto token Ethereum to take its value and pride. The Ethereum blockchain network comprises five Ethereum Improvement Proposals (EIP), the new updated version will know as “London Hard Fork”, well, … Read more
