One bitcoin is now worth more than $39,000 as the value of all cryptos passes $1 trillion. Top shelf Institutions are buyingThe Chicago Mercantile Exchange (CME) is now the largest bitcoin futures trading platform, with some $2.1 billion in outstanding contracts, according to data site Skew. CME is frequently cited as a harbinger of institutional involvement due to its long-standing […]

Billionaire Shark Tank investor Mark Cuban has shared his idea of what he will do when the price of bitcoin hits $1 million. Cuban says he will run for president but only if some bitcoins are donated to the Treasury so that every citizen receives some satoshis each year he is in office. He will require them to hold onto […]

Austrian financial supervisory authority (FMA) today said it has received applications from 40 prospective digital assets providers, of which 18 entities were granted the regulatory registration. Crypto firms operating in Austria have to apply for a license to the nation’s financial watchdog as the new Anti-Money Laundering (AML) regulations came into effect. Although derivatives referencing cryptoassets would not fall under this […]

7th January 2021, London, United Kingdom – Stratis was created for a simple purpose – to provide enterprises with blockchain as a service (BaaS) solutions, designed to implement complex blockchain architecture within mainstream coding languages, used by everyday companies away from the crypto niche.  It does this through cloud solutions, support for C# and .NET application building, alongside tool customization […]

Last week saw the launch of the Financial Markets Association (FMA) of Vanuatu, the result of the financial industry’s yearlong effort to restore its reputation and attract more high-quality international companies into its jurisdiction. Three years ago Vanuatu featured on the Financial Action Task Force’s (FATF) list of eight countries with “strategic deficiencies” regarding anti-money laundering and countering the financing […]

Poolz, the decentralized token swap protocol, has joined forces with Polkadot-based smart contract platform Moonbeam. Although native to the Ethereum blockchain, the tech supplied by Moonbeam effectively translates Ethereum’s Solidity code into Polkadot’s Substrate and Web3 programming language.  Poolz Expands into Polkadot via Moonbeam Poolz hosts cross-chain auctions for both fungible tokens and NFTs (non-fungible tokens) and allows projects to […]

The South Korean government issued an amendment on Wednesday to introduce a tax on profits from cryptocurrency trading. Following a legislative notice lasting until Jan. 21, the amendment is likely to be enacted in February, Asia Today reports. It would only start levying taxes on cryptocurrencies in 2023, however. The proposal would introduce a variety of additional taxes on capital […]

The Financial Conduct Authority (FCA) has released the findings of a survey that projected the financial resilience of British companies impacted by the Coronavirus-spurred economic lockdown. According to the survey, 4,000 financial services companies had low financial resilience by the end of October and are at a heightened risk of failure. However, the regulator is expecting that many of these […]

XRP has been having quite a rough ride of late, and it seems that these issues are playing in favor of its rival, XLM. XLM is a crypto created by the Stellar Foundation. While things turn sour for Ripple’s XRP, the sun is rising on the XLM market. XLM has experienced its highest price surge in 2 years amid the […]