Top Market Indicators Suggest Crypto Market is in ‘Cool-Off Phase
The cryptocurrency market saw its market cap get reduced by 4.5% over the past 24 hours, wiping nearly $100 billion off the market. The growing bearish sentiment has been prevalent…
China’s cryptocurrency-mining crackdown spreads to Yunnan in southwest – media
China’s crackdown on cryptocurrencies has spread to the country’s southwest with a campaign against misuse of electricity by bitcoin miners in Yunnan province, local media reported on Saturday.
BoE Governor Believes CBDCs Will Usher in ‘New Era’ of Banking
Speaking at the launch of the Bank for International Settlements’ London location, Andrew Bailey expressed his optimism concerning CBDCs. The post BoE Governor Believes CBDCs Will Usher in ‘New Era’…
Crypto Bank Silvergate Cut All Ties With Binance: Report
The Crypto bank Silvergate cut all ties with crypto exchange Binance as reported earlier this morning when the exchange sent an email to its users stating that the platform will…
Iran’s president calls for new crypto regulations.
Iran’s President Hassan Rouhani said the country requires a legal framework for cryptocurrency and related activities that would protect the national interest while ensuring digital currency mining remains outlawed. Rouhani…
Crypto withdrawals in USD no longer possible on Silvergate Bank
Silvergate Bank may have ended its partnership with cryptocurrency exchange Binance, according to an email from the exchange giant. The report revealed that the bank will stop processing deposits and…
Thailand Bans Meme Coins, Fan Tokens, NFTs From Trading on Crypto Exchanges
The Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens…
Crypto Market Cap Falls Below $1.5 Trillion on a Red Weekend
The cryptocurrency market cap fell below $1.5 trillion on a red weekend. More than $100 billion was wiped off the marker as it retraced by 5%.
Thai SEC Enforces Ban on Meme Tokens, NFTs
The ban will affect meme- or joke-based tokens and fan-based coins, as well as exchange-issued tokens and non-fungible tokens. The post Thai SEC Enforces Ban on Meme Tokens, NFTs appeared…
Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect…
