In the wake of yet another iteration of China’s enduring crackdown on cryptocurrency, a particularly influential narrative on Crypto Twitter suggests that by banning Bitcoin (BTC), China has definitively put itself on the dark side of the struggle, while the collective West must now resolutely throw its weight on the opposite side by embracing crypto. Granted, this framework for thinking […]

The United States Securities and Exchange Commission, or SEC, has delivered a report to Congress containing recommendations from small businesses seeking regulatory clarification on the role of digital assets.  In a Monday announcement, the SEC’s Office of the Advocate for Small Business Capital Formation reported on recommendations from the commission’s 40th Annual Small Business Forum held in May. Participants at […]

Trading volumes have soared by 197% on the fast-growing European crypto platform, affirming rising levels of crypto adoption among global investors. Currency.com Sees Huge Growth Currency.com, the high-growth European crypto platform, today reported a strong rise in global client numbers and trading activity for the first six months ending 1 Jul. 2021. The number of new clients who opened an […]

The US President is set to nominate Saule Omarova to lead the Office of the Comptroller of the Currency. The Cornell University law professor has voiced her concerns on cryptocurrencies and the current financial system in place today. Top government officials have expressed optimism that her tenure would be a stellar one, citing her wealth of experience. The Office of […]

African cryptocurrency exchange Yellow Card has concluded a $15 million Series A financing round led by some of blockchain’s biggest venture funds, underscoring the growth potential of digital assets on the continent.  The fundraiser, which was described as the largest ever by any African cryptocurrency exchange, will enable Yellow Card to scale its operations across Africa and onboard new talent, […]

Emurgo has announced it will contribute $100 million to a fund focused on DeFi, NFTs, and education for the Cardano blockchain. Emurgo to Support Cardano Ecosystem Emurgo, the commercial arm of Cardano, will invest $100 million to finance crypto startups on the blockchain. The firm announced the update at Cardano Summit 2021. Under the initiative, Emurgo will allocate capital towards growing […]

The decentralized crypto exchange, dYdX, has overtaken Coinbase, America’s biggest crypto broker and exchange. dYdX handled $4 billion in trading volumes on Sunday, $1 billion more than Coinbase handled in the past 24 hours. dYdX is on course to surpass the centralized exchange today as well, handling $2.7 billion in trading volumes so far as pictured above. Like Coinbase, dYdX […]

On Sunday (September 26), day two of the two-day Cardano Summit 2021, IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), and FinTech startup COTI Group, unveiled Djed, a new algorithmic stablecoin for Cardano that was developed by the former and is issued by the latter. Djed’s use of smart contracts ensures price stabilization. Djed can be useful […]

The Australian Securities and Investments Commission (ASIC), Australia’s financial regulatory authority, today announced that it has cancelled the Australian Financial Services (AFS) license of Pure Strategy Pty Ltd (Pure Strategy). In an official announcement, the financial regulator mentioned that the recent cancellation of Pure Strategy’s AFS license was due to the company’s failure to comply with its general obligations. ASIC […]