Senator Elizabeth Warren, a chairperson of the Senate Banking Committee’s Subcommittee on Economic Policy, has recently taken interest in the cryptocurrency sector. On Thursday, she issued a warning about the increased risks of the cryptocurrency market and criticized the absence of regulation as “unsustainable.” In a letter addressed to the US Securities and Exchange Commission […]
Vietnam has finally joined the growing list of countries that have recognized and embraced the cryptocurrency boom around the world, including Canada, Australia and the United States. Vietnamese Prime Minister Phạm Minh Chính has asked the country’s central bank to start researching the central bank’s digital currency (CBDC). Unlike most central banks which use a […]
Activities of Ethereum addresses have soared past that of Bitcoin for the first time in cryptocurrency history! According to data collated from Santiment, the analytics firm, there was a clear spike that resulted in Ethereum network activity surpassing that of Bitcoin by more than 5%. Ethereum’s supporters had voiced their opinion that ETH may overtake […]
One of the largest cryptocurrency exchanges, Binance got banned from operating in the UK by the Financial Conduct Authority (FCA). The warning came on Saturday that Binance is not permitted to carry out regulated activities in the country, just after Japan dispensed a similar warning the previous day. Stating their prerequisite, the FCA emphasized that […]
El Salvador President, Nayib Bukele is offering $30 worth of Bitcoin to any El Salvador citizen who opens a digital wallet, in a bid to promote Bitcoin adoption. The country plans to create their Bitcoin wallet called Chivo where $30 will be deposited to any citizen who signs up with their phone number and ID […]