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Cryptocurrency Regulations

The State of Michigan Formally Bars the Use of Crypto for Political Contributions

A formal letter sent by the Michigan Secretary of State sees the use of crypto-currencies for political donations formally barred. The letter which was published on 8th November was in response to state legislature candidate William Baker, who had asked how crypto-currency value was supposed to be recorded for political donations. Baker had also sought […]

Altcoins Bitcoin crypto adoption Lawsuit

Chinese Merchants Can Now Accept Crypto Payments without Getting into Trouble

Authoritative and dependable Chinese crypto publication, CnLedger, has reported that Chinese merchants are now legally allowed to accept cryptos as payment methods. Reports further state that the Shenzhen court of international arbitration has officially recognized Bitcoin as property, a move that will allow individuals as well as business entities to own and transfer bitcoin without getting […]

Blockchain Crypto Exchange

Binance Launches a Blockchain Platform Based on Donation Platform

Binance’s blockchain charity foundation (BCF), the social project belonging to the world’s largest crypto exchange has introduced a blockchain based donation platform. The donation project was announced Wednesday, during the world investment forum in Geneva Switzerland organized by the UN Conference on Trade and Development (UNCTAD)  chengpeng Zao of Binance was among those in attendance […]

Bitcoin Cryptocurrency

Fidelity’s Heavy Endorsement Could See Crypto’s Stature as an Asset Class Solidifed

The world’s fourth-largest asset manager, Fidelity launched its crypto custody October 15th. Abigail Johnson the asset management firm’s CEO stated that the firm’s long-term strategy was to make Bitcoin and the rest of the crypto space more accessible to budding investors. The CEO stated that the firm’s goal was to make digitally native assets such […]