European regulators are concerned about crypto’s risks to climate change goals.
Iran to reportedly pilot central bank digital currency soon
The Central Bank of Iran hinted at a possible CBDC pilot soon without elaborating on the time frame of the program.
El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
Chivo, El Salvador’s official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says.
UK Treasury wants to remove blockchain reference from crypto definition
The new set of crypto regulatory proposals in the U.K. aims to bring DeFi under the scope of the law on a case-to-case basis.
Chinese police unearth multi-million dollar DeFi rug pull
The Chizhou police arrested eight people from different provinces in December and froze assets worth millions.
Singapore bars crypto service providers from advertising in public spaces
The new regulations would only allow for advertisements on native websites and mobile apps for DPT companies.
Former Thai SEC chief lays out three critical issues with crypto taxations
The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading.
New survey reveals 83% of millennial millionaires now own crypto
The generational gap in investment could create issues for wealth managers, says President of CNBC’s survey partner Spectrem.
Wall Street financial advisor LionTree explores crypto payments
Financial advisory group LionTree has been a part of some of the most prominent Wall Street acquisitions and IPOs.
Tether lauds Myanmar shadow government for making USDT an official currency
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
Beijing court rejects monetary compensation in Bitcoin mining contract plea
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment.
$33.5 billion worth of ETH ‘trapped’ in largest Ethereum contract
The largest Beacon chain staking contract worth $33.5 billion is awaiting the Ethereum mainnet merger to unlock.
Wells Fargo partners with HSBC to settle FX transactions using blockchain
Juniper research report says cost-savings for banks using blockchain tech would grow by 3,300% by 2030.
The Sandbox co-founder wants to defend Metaverse against Big Tech
The Big Tech holds the monopoly in Web 2.0, something the Web 3.0 technologies such as Metaverse and crypto are trying to break.
Myanmar shadow government declares stablecoin USDT an official currency
The NUG finance minister said Tether use would enhance trade speed and payment efficiency.
Solana on-chain development increases after a recent DDoS attack
Solana’s daily Github submission has spiked after a recent DDoS attack.
Crypto market eyes recovery ahead of key US inflation data release
The Asia Pacific and European markets slide in caution ahead of key U.S. inflation data.
Binance reportedly in talks to launch crypto exchange in Indonesia
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture.
UK politicians say cryptocurrency is ‘not an investment’
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements.
Indian trade group recommends ‘special class security’ status for crypto
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market.