The European Union has taken a major step towards mainstream acceptance of cryptocurrency with a recent vote to allow banks to hold up to 2% of their capital in bitcoin and other digital assets. The move, which was approved by…
Crypto Sanctions Are a Form of Digital Fascism, Says a Russian Regulator
One of Russia’s top regulators believes that the sanctions relating to cryptocurrencies that have been placed on the nation and its people are an example of “digital fascism.” The remarks follow the latest round of sanctions imposed on Russia by…
Kraken Becomes Latest Crypto Exchange to Ban Russian Users
In accordance with penalties imposed by the European Union, Kraken is the most recent cryptocurrency exchange to block accounts of Russian users on its site. Kraken informed its Russian clients via email on October 19 that the exchange is discontinuing…
EU Securities Regulator Warns of Risks in Crypto Investments
The European Securities and Markets Authority — the European Union’s independent financial authority — has warned about the high risks of crypto investment. In its most latest “Trends, Risks and Vulnerabilities” report published Wednesday, the ESMA dissected the effect of…
EU Central Bank: Cryptos no threat to Euro Zone Financial Stability
In what will be seen as a positive step for crypto, the European central bank (ECB) has come out and said that cryptos are no threat to the financial stability of the Euro zone. The European central bank communicated this…
France to Encourage EU Member States to Adopt its Crypto Regulations
France is reportedly going to go on a charm offensive on other European countries in a bid to convince them to adopt crypto regulations similar to her own. French minister of the economy and finance, Bruno Le Maire, reportedly stated…
The Eu to Discuss Further Crypto Regulation but This Could Be a Good Thing
Finance ministers from 28 member countries in Europe will discuss putting in place further regulation on cryptocurrencies due to concerns surrounding illicit activities and a general lack of transparency. According to Bloomberg, the EU finance ministers will convene at a…
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 were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
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 transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
