The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities.
Grayscale parent company expands GBTC purchase allocation to $1 billion
The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million.
Pakistani high court orders government to regulate crypto in three months
The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period.
Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker
The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
Blockchain brings the sharing economy to real estate investing
Crypto adoption in the real estate market could see fractional property ownership becoming more popular.
Right-wing Indian group calls for stricter crypto regulations
The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.
Q3 saw significant crypto market recovery from May crash, says new report
Despite anti-crypto regulatory policies, the cryptocurrency market made steady gains throughout Q3 2021.
Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture.
Binance continues push to become regulated crypto exchange with new hire
Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators.
Digital Pound Foundation launches to promote CBDC development in the UK
The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.
VC firm a16z pursuing crypto lobbying push in Washington
Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0.
US dominates global Bitcoin hash rate distribution after China crackdown
The United States now accounts for more than a third of the total Bitcoin mining activity with Kazakhstan and Russia also becoming major locations.
Browser-based DeFi wallet XDEFI launches public version
XDEFI will challenge MetaMask’s dominance of the browser wallet space by offering a new user experience for decentralized finance and nonfungible tokens.
Blockchain.com exchange debuts Bitcoin margin trading
Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage.
South Korean opposition set to tackle controversial crypto tax law
Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.
Stockbroker platform Public.com adds crypto trading feature
The stock trading app is set to debut crypto trading for its users except those in the state of New York.
Crypto exposure has positive impact on investment portfolios, study shows
The study also concluded that temporary crypto market decline and volatility are not enough to diminish the importance of cryptocurrencies in investment portfolios.
Bank of America identifies 20 high profile US companies with crypto exposure
These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America.
‘Evolved Apes’ NFT creator allegedly absconds with $2.7 million
Some members of the NFT project are attempting to continue the development of the game, while efforts are underway to apprehend the alleged culprit.