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Estonia Grants the First Crypto Service Provider License According to the New Regulation Under the country’s new regulatory framework, which went into effect in March, Estonia’s Financial Intelligence Unit has issued its first licence to a crypto service provider. The regulator said, “Striga Technology Oร is the first business that has been given permission to …
What happened when cryptocurrency businesses entered the carbon market? Crypto companies claim that by putting carbon credits on the blockchain, they will be able to increase liquidity, reach a larger customer base, and drive more money to conservation efforts around the world. Crypto companies were on a roll in 2021. Bitcoin, the world’s largest cryptocurrency, …
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BITCOIN AND A CRYPTO REGULATORY FRAMEWORK ARE RELEASED BY THE WHITE HOUSE Following US President Biden’s executive order, the White House released a framework for CBDC development and strict ecosystem regulation. According to an official press release, the White House has published a legal framework for engaging with bitcoin and cryptocurrencies in the United States, …
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Market Wrap: Markets are trading lower. Despite the Merge of Ethereum’s Successย At one point, Ether was down more than 9% as traders decided to “sell the fact” following a nearly seamless Ethereum Merge. Price Movementย The Ethereum Merge went off without a hitch early Thursday morning. It was one of the most anticipated and …
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El Salvador: One Year of Bitcoin and Counting The projects on the ground of El Salvador’s Bitcoin adoption demonstrate how the country’s citizens seek financial education. El Salvador made history last year when the country adopted Bitcoin as legal tender. The decision gave legitimacy to what many of us have known for a long timeโthat …
Australia’s police have made a “digital asset unit” because the number of “crypto” money laundering cases has gone up. The Australian Federal Police (AFP) has set up a new unit dedicated to cracking down on digital asset-related crime. The AFP has been cracking down on digital asset money laundering and other related crimes for years now. …
If It Serves The National Interest, The US Treasury Will Advise On Issuing Digital Currency: Source As a response to President Joe Biden’s executive order on cryptocurrencies, the Treasury Department will give advice on how to move forward with a CBDC. This could be its most important idea. According to a person familiar with a …
Ethereum’s merger may improve the public perception of cryptocurrencies.ย Laura Shin, a cryptocurrency podcaster, said on CoinDesk TV’s “First Mover” that the software update might make people less worried about how the industry affects the environment. According to author and journalist Laura Shin, the Merge, a software update to the Ethereum blockchain, may alter how …
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Bitcoin’s Growth Curve Outperforms Bonds, Gold, and Oil According to a Bloomberg Intelligence analysis from August, the growth trajectory of Bitcoin closely resembles those of gold, oil, and the U.S. dollar. Treasury bonds (T).Senior commodities strategist Mike McGlone and senior market structure analyst Jamie Coutts compared the markets for bitcoin to those for gold, bonds, …
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Blockchain and deep-tech startup growth in India is now comparable to that of developed economies, according to NASSCOM. The National Association of Software and Service Companies (NASSCOM), an Indian non-governmental trade association and advocacy group with a focus on technology, has highlighted the rapid growth of “deep-tech” startups. These include, among other fields, startups that …
