Washington is keenly watching the crypto sector in the wake of crypto lender Celsius Network’s run into liquidity trouble this past week. The lender, the largest in the crypto industry,…
South Korean police have reportedly requested exchanges to ‘freeze’ the assets of the Luna Foundation Guard (LFG), the non-profit organization set up to support the Terra (LUNA) cryptocurrency. A news report…
Nayib Bukele, the president of El Salvador, tweeted that he would be meeting with 33 central banks and 12 financial authorities today Monday to discuss the Bitcoin rollout among other…
We only seek to legalize fully backed stablecoins says the Treasury As the crypto world gears up to deal with the consequences of the death spiral suffered by the…
US Securities and Exchange Commission (SEC) commissioner Hester Peirce has said that the stablecoin market has attracted a lot of attention this past week and that the sector could be…
Dubai’s Virtual Assets Regulatory Authority (VARA) has announced that it shall create a metaverse headquarters in The Sandbox virtual world. The virtual headquarters shall be referred to as “MetaHQ” and…
In a bid to limit the environmental impact caused by Bitcoin mining in the state, the New York State Assembly passed a bill yesterday, placing a two-year ban on all…
The Ronin Network exploit happened in March and saw $600 million worth of Ethereum (ETH) and $25 million in USDC stolen. The US Treasury’s Office of Foreign Asset Control (OFAC)…
The National Bank of Ukraine said the move is intended to prevent an unproductive outflow of capital. Crypto purchases can only be completed using foreign currency, with monthly restrictions of…
France’s cultural institutions need to develop an NFT policy and support Web3 innovation, the French president said in an interview. French President Emmanuel Macron, who is seeking to win this year’s…
