Introduction: Citi India has accomplished its first blockchain-enabled Letter of Credit (LC) transaction on the Contour platform for its client, Cummins India Limited (Cummins), a diversified industrials manufacturing company. This milestone highlights Citi’s ongoing efforts to digitize trade and enhance…
Revolutionary: EU Parliament Approves Comprehensive Crypto Regulation – MiCA Act
The European Union Parliament has approved the world’s first comprehensive package of rules aimed at regulating the cryptocurrency industry. The Markets in Crypto Act (MiCA) seeks to reduce risks for consumers buying crypto assets by holding providers liable if they…
Shiba Inu Gains Momentum: Binance Moves SHIB Out of Innovation Zone
Shiba Inu (SHIB) has recently achieved a significant milestone, as Binance, one of the world’s leading cryptocurrency exchanges, has moved the token out of its Innovation Zone. This move demonstrates an increased level of trust in the asset and highlights…
Snoop Dogg Flaunts Custom Gold Ledger Wallet at WrestleMania: Crypto Goes Mainstream
At WrestleMania 39, legendary rapper and serial entrepreneur Snoop Dogg made a statement by wearing a custom-made gold Ledger Nano X hardware wallet around his neck. This eye-catching accessory demonstrates the growing popularity and mainstream appeal of cryptocurrencies. Cryptocurrency Enters…
Gensler Receives Powerful Lashes from Congress Majority Whip
Gary Gensler, Chairman of the Securities and Exchange Commission (SEC), has been reprimanded by House Majority Whip Tom Emmer for the former’s incompetence in handling the crypto industry. The congressman commented that the actions of the SEC have forced crypto…
Crypto Just Found Powerful Allies in Congress, Gensler Under Fire
Members of the U.S. Congress grilled the Securities and Exchange Commission (SEC) Chairman Gary Gensler for missteps in the agency’s handling of digital assets. The SEC chair was admonished for the lack of clarity in regulating the crypto space. This…
Bybit Ark Anchors in the Crypto Oasis of Dubai
Bybit, one of the top cryptocurrency exchanges, has moved its headquarters to Dubai in the United Arab Emirates (UAE). The company has already received a license to operate since last year. The popular digital assets platform anchored the “Crypto Ark”…
Arkansas Aims to Regulate Bitcoin Mining with the Data Centers Act of 2023
Arkansas recently joined a growing list of U.S. states regulating Bitcoin mining by passing the Arkansas Data Centers Act of 2023. The bill, now awaiting the governor’s final approval, aims to establish guidelines for miners while safeguarding them from discriminatory…
SEC Chair to be Removed by Legislation – Rep. Davidson
Representative Warren Davidson is planning to introduce legislation to remove the position of Chairman in the Securities Exchange Commission (SEC). He wants the position to be replaced by an executive director who reports to the board. This move is apparently…
Robert F. Kennedy Jr. Warns of Risks Associated with FedNow and CBDCs
Robert F. Kennedy Jr. Raises Alarm on FedNow and CBDCs Robert F. Kennedy Jr., a presidential hopeful and a vocal critic of central bank digital currencies (CBDCs) and the Federal Reserve’s FedNow system, has warned of the potential risks these…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
