Cointelegraph By Prashant Jha
Republican Senator Ted Cruz during his Conservative Political Action Conference (CPAC) speech on Friday advocated for Bitcoin (BTC) again while lauding its decentralization.Cruz said he is very bullish on Bitcoin because it is highly decentralized and cannot be controlled by any government or entity. He went on to...
China’s hardline policy on crypto took another turn on Thursday as the Supreme Court of the country revised its judicial interpretation for illegal fundraising to include digital currency transactions.The Chinese Supreme Court issued a revised version of its "Decision on Amending the Interpretation of the Supreme People's Court...
The world woke up to a “sea of red” which was not necessarily limited to the financial markets, as Russia declared war on Ukraine early Thursday.The traditional financial markets along with the crypto markets were sliding bearish for the past week and saw a rapid decline early on...
A European subsidiary of United States-based crypto trading platform Uphold has received approval from the United Kingdom's Financial Conduct Authority (FCA).According to the FCA website, Uphold’s U.K. subsidiary Uphold Europe Limited gained regulatory approval on Thursday, joining the select list of 32 firms that have received FCA approval...
The Advertising Stands Council of India (ASCI) released a set of 12 guidelines for promotions and advertisement of virtual digital assets (VDA), including cryptocurrencies, on Wednesday.The chief advertising watchdog has developed the new guideline after extensive consultation with the stakeholders of the crypto ecosystem as well as the...
BitPanda, a Viena-based crypto exchange platform has made its maiden acquisition in the form of United Kingdom-based Trustology, a crypto custodian and wallet service provider for an undisclosed amount.BitPanda will rebrand the newly acquired fintech firm to BitPanda custody in a bid to start its native crypto custody...
FTX.US, the American arm of the global crypto derivative and spot exchange FTX, seems to be launching a new blockchain gaming unit.As per a job posting by the crypto exchange, the firm is looking for software developers for its upcoming blockchain and gaming unit. The new gaming unit...
Earlier in February, Indian Finance Minister Nirmala Sitharaman announced a tax proposal that would bring the relatively unregulated digital asset space under the purview of tax authorities.The proposal includes a 30% income tax on crypto returns and a 1% tax deducted at source (TDS) by crypto exchanges on...
The United Arab Emirates is reportedly planning to issue a federal crypto license for virtual asset service providers by the end of the first quarter.The UAE Securities and Commodities Authority is reportedly in the final stages of finalizing legislation that would allow digital asset firms to set base...
Avalanche (AVAX), a Layer-1 proof-of-stake (PoS) blockchain network, gets a new cross-chain bridge from Umbria Network to help traders transfer liquidity between Ethereum mainnet and the Avalanche blockchain.Avalanche blockchain supports multiple virtual machines, including WebAssembly (WASM) and Ethereum Virtual Machine (EVM), allowing different sub-chains to incorporate a specific...
