A Japanese blockchain association released new guidelines on March 24 for gaming developers looking to comply with local gambling laws. One organization in Japan is finding new ways to explain regulations covering illegal activities in the blockchain gaming community. The Blockchain Contents Association (BCA) announced on March 24 that they had written new guidelines to…
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According to the Coin Metrics report, stablecoins’ transfer value hit an all-time high following the crypto bloodbath on March 12. Blockchain analysis company Coin Metrics has found that while Bitcoin (BTC) was experiencing its biggest daily drop in the last seven years, stablecoins reaped the benefits. Coin Metrics, which conducts analysis of various aspects of…
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Huobi sits in second place. Binance has more than $1 billion in ERC-20-based stablecoins as of March 24. This figure surpasses a milestone that quite far ahead of second-place Huobi. Binance holds $1,007,585,549 of these stablecoins as of press time, a balance that has grown some $105,583,132 over the past seven days, according to the…
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The Bank of China has completed the basic function development of a digital Yuan and it has moved one step closer to launch its CBDC during a middle of global recession. As central banks around the world are cutting interest rates to zero and taking aggressive action against the economic recession due to the coronavirus…
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Run an eligible fundraiser related to COVID-19 and you’ll pay no fees on BABB. Crypto wallet banking and donation app BABB has announced the debut of its top-up function, a fee-waiving cash-out policy for COVID-19 fundraisers on its platform. According to the announcement, the company has also added a fiat gateway that every Android and…
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The Texas State Securities Board urges investors to exercise caution when dealing with cryptos in the midst of COVID-19 pandemic. The Texas State Securities Board (TSSB) has issued a warning on March 23 about crypto scams that have emerged in the wake of the COVID-19 pandemic. The report refers to different types of scam, among which…
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In partnership with Chainlink, blockchain platform Solana is building a price oracle that updates in less than half a second. Blockchain platform Solana has joined up with decentralized oracle solution Chainlink to construct an oracle that updates incredibly quickly. “We recently saw market failures due to congestion on Ethereum, including oracle failures,” Solana CEO and…
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The Ministry of Economic Development of the Russian Federation introduced a draft law that would allow the testing of crypto in a regulatory sandbox. Amid regulatory uncertainty for cryptocurrencies in Russia, a federal ministry introduced legislation that would legalize crypto and blockchain within a special regulatory environment. The Ministry of Economic Development of the Russian…
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Contributions for US politicians may soon be friendlier for crypto holders thanks to the Gemini, Coinbase, and Polychain-backed HODLpac. One of the hot button issues for elections in the United States is separating money and politics. At the center of this topic is political action committees (PACs), organizations that can support candidates or legislation with…
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An open-source project will look to provide up to $25,000 in prizes to fund blockchain startups. Open-source project Celo is calling on blockchain innovators to participate in CeloCamp, an entrepreneurial initiative that seeks to highlight the potential of global financial inclusion, mass adoption of digital money and the acceleration of blockchain startups. With its new…
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