A New York court has ordered the three former masterminds of the BitMEX crypto exchange to fork out a combined USD 30m in “civil monetary penalties.”… Read More: Court Hands BitMEX Founders USD 30m in Fines for AML Violations Read more »Pay, Trade, Buy Bitcoin with Credit Card
A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report by the Bank for…
Read more
The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans. Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings…
Read more
Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Collectors of non-fungible tokens (NFTs) have already sent more than $37 billion in value to NFT marketplaces this year (as of May 1), a figure that nearly exceeds the…
Read more
Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading, but now the central bank has stepped in to block the offerings. The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country’s largest banks signaled they…
Read more
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century. Bitcoin (BTC) dipping below $36,000 “smells like capitulation,” one trader says as suspicion mounts over U.S. stock markets. In a tweet on May 6, Cointelegraph contributor Michaël van de Poppe suggested that the BTC price…
Read more
Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE. Iconic rapper Ice Cube — also known as O’Shea Jackson Sr. — has jumped on the Dogecoin (DOGE) bandwagon with his endorsement of an “incredible and historical” DOGE transaction.…
Read more
Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services more accessible to all,” the exchange said. Binance Becomes a Fully Regulated Crypto Exchange in France Crypto exchange Binance announced…
Read more
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million…
Read more
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin Adoption Has Financial and Legal Issues The IMF has reportedly…
Read more
