Cryptocurrency Analysis and News Portal
The world’s oldest central bank, Sweden’s Riksbank, is to extend its pilot project for a potential central bank digital currency (CBDC) for another 12 months.According to a press release on Friday, the project, which is being carried out with assistance from professional services firm Accenture, will run until February 2022.The
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South Korean retail investors pointed to the U.S. GameStop saga to pressure local regulators to extend the country’s ban on short-selling stocks. They succeeded, at least for now. Then, GameStop happened. In January, retail investors in the U.S. banded together on Reddit to bet in favor of stocks (like that of American
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Bitcoin prices climbed for the second day on Tuesday, spurred by increased optimism over the second stimulus package in the United States and a firmer US dollar. Positive risk-on momentum throughout the Asian and the early European session briefly pushed the flagship cryptocurrency to a new week-to-date high of $35,469. It
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The Financial Crimes Enforcement Network (FinCEN) is further extending a comment period for a controversial proposed rule that would require crypto exchanges to gather and store counterparty information for transactions to unhosted wallets.FinCEN announced the move Tuesday, saying all comments are due 60 days after the change is submitted to
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Bitcoin rose Monday, putting itself back on track to retest its record high after promising results on a
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Bitcoin price rallied over 6% and it broke the $17,500 resistance against the US Dollar. BTC is consolidating
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The Ministry of Financial Services of the Cayman Islands defined Virtual Asset Service Providers to include cryptocurrency service providers which include but not limited to cryptocurrency exchanges, wallet service providers amongst others.The Ministry of Financial Services of the Cayman Islands has announced that it has commenced the regulations of Virtual
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Bitfinex and Tether must turn over documents detailing their financial relationship and history to the New York Attorney General’s office (NYAG), a New York Supreme Court justice ruled again on Thursday. Judge Joel M. Cohen, the judge who has been overseeing the NYAG’s inquiry into Bitfinex and Tether, made the ruling
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Opera users in the UK can now utilize their Opera built-in crypto wallets to trade Ethereum as more digital assets will be added in the near future.After two years of live testing its built-in crypto wallet, the Opera web browser has today begun offering its crypto services to the UK
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The popular crypto trading platform OKEx has recently announced the listing of COMP Governance token. The native token of Ethereum based Compound algorithmic autonomous interest rate protocol is available for spot trading against USDT and BTC since June 29, 2020.Apart from Spot trading, OKEX has also launched Margin Trading and
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