FCA has Extended the Deadline for Crypto Firms to Register in UK
There has been an extension of the March 31st deadline for the Financial Conduct Authority’s (FCA) registration deadline for chosen crypto companies. The deadline will...
Tag : Crypto
MicroStrategy Closes $205 Million Bitcoin-Collateralized Loan with Silvergate Bank to Purchase Bitcoin
MacroStrategy, a subsidiary of MicroStrategy Incorporated, has received a $205 million term loan from Silvergate Bank, which is a subsidiary of Silvergate Capital Corporation. To...
The Blockchain Underlying NFT Game Axie Infinity Got Hacked for $625 million
One of the most popular blockchain video games, Axie Infinity, was targeted by hackers who stole over $600 million worth of cryptocurrency. Coins were transferred...
Rio de Janeiro Embraces Cryptocurrency
Rio de Janeiro has taken the first step towards adopting the crypto world and will be Brazil’s first city to allow tax payments in cryptocurrency....
Federal Reserve Chair Jerome Powell Insists on Online Privacy for Digital Currency
According to Federal Reserve Chair Jerome Powell, emerging forms of digital money, such as cryptocurrencies and stablecoins, represent a threat to the financial system in...
Crypto Mentioned As ‘Property’ By Singapore High Court in a Judgement
The lower level of Singapore’s Supreme Court, the High Court, has issued a judgment recognizing crypto as “property” for the first time and granting proprietary...
Crypto Payments Illegal in Thailand From this April
The market regulator in Thailand said on Wednesday that new regulations have been published that would make it illegal to pay using digital assets from...
Increased Scrutiny Has Been Placed on the UK’s Crypto Advertisements
The UK’s advertising authority has issued enforcement notices to over 50 firms that have promoted cryptocurrency. The Advertising Standards Authority(ASA) said that the notice is...
Malaysia Should Legalize Crypto, Says a Government Official
According to local news source Harian Metro, Datuk Zahidi Zainul Abidin, deputy minister of communications and multimedia, has urged that Malaysian authorities authorize specified applications...
Bitcoin Outperformed in 2022 as Compared to Other Major Altcoins
Bitcoin attracted institutional investment despite the market fall. Since the beginning of 2022, Bitcoin’s value has fallen by around 15%, compared to a 30% reduction...