Cryptocurrency Analysis and News Portal
Summary: The UK is looking to transform Britain into a crypto hub. However, the UK’s digital minister has issued caution as they want to have proper investor protections. The UK also wants to create measures to guarantee crypto will not be used for money laundering or circumventing global sanctions. The UK’s digital minister, Chris
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The Bermuda government is pushing on with its ambitious plans to become a cryptocurrency hub despite the massive market downturn in 2022. The small island territory known for its pristine pink sand beaches and attractive taxation policies has been actively expanding its crypto sector since 2017, according to Bermuda’s minister
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The World Bank has signalled its concerns over the Central African Republic (CAR) adopting Bitcoin (BTC) as a legal currency and says it won’t support the newly announced “Sango” crypto hub.At the end of April CAR president Faustin-Archange Touadéra established a regulatory framework for cryptocurrency in the country and adopted
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According to data from CoinGecko, Uniswap ranked first among decentralized exchanges by volume (DEX) with $1 billion in trading over the past 24 hours; top centralized exchange Binance saw nearly $15 billion in the same time frame. It’s one sign that traders continue to prefer centralized exchanges over DEXes. Source
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Several of the world's biggest crypto exchanges have flocked to the emirates in the last few months. Source
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The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, to advance new fintech and crypto-regulated instruments to the market. Argentinian
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The Montenegrin government has begun fulfilling its pledge to become a hub for blockchain innovation by reportedly making Ethereum creator Vitalik Buterin its newest citizen.Montenegrin news outlet RTCB reported that Prime Minister Zdravko Krivokapić recommended Buterin receive the privilege to help the southeastern European nation promote its efforts to become
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All told, backers of both Acala and Terra expect the tie-up to grow the decentralized stablecoin market – a segment of the crypto economy that has swelled to over $25 billion. The total stablecoin market (dominated by dollar-backed USDT and USDC) has surpassed $180 billion in market capitalization. Source
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The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by
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Coinbase is focusing on growing the crypto and Web3 ecosystem in India. “Combined with India’s world-class software talent, we believe that crypto and web3 technology can help accelerate India’s economic and financial inclusion goals,” said CEO Brian Armstrong. Coinbase Expanding in India With Web3 and Crypto Push The Nasdaq-listed cryptocurrency exchange Coinbase
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