Blockchain developer IOHK, which is behind the energy-efficient blockchain Cardano, has announced the launch of a new prototype app that allows financial services to harness blockchain-based financial agreements without needing any prior blockchain knowledge. Called Marlowe Run, the app will allow anyone, regardless of blockchain experience, to develop and test blockchain-based financial agreements. The app is populated with contract templates […]

Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an economic downturn. Peruvian Cryptocurrency Trading […]

Following in the footsteps of VanEck earlier this month, Wisdom Tree has filed an application for an Ether (ETH) exchange-traded fund submitted to the United States Securities and Exchange Commission. According to filings dated May 27, the ETF’s shares would be listed on the Chicago Board Options Exchange’s BZX Exchange. On May 7, rival ETF issuer, VanEck, also filed an application for […]

The US commodities markets regulator, CFTC, has moved against two commodity pool operators and charged LJM Partners Ltd and LJM Funds Management Ltd, which collectively operated as LJM, with commodity pool fraud and also for releasing false statements about losses. Charges were also brought against Anthony J. Caine, chairman and owner of the two companies, and chief portfolio manager Anish […]

Uganda’s anti-money laundering agency is calling on the government to implement and enforce regulations in the digital currency industry. The Financial Intelligence Authority (FIA) has been working on a campaign to get digital currency firms to register, but only a few had heeded the call. Speaking in an event in the capital Kampala, the FIA executive director Sydney Asubo stated […]

It appears that “r/wallstreetbets” favorite meme stock company GameStop is in the process of developing its own NFT marketplace. While an official announcement hasn’t been made, the gaming giant appears to have launched a website named “nft.gamestop” — and is currently on the lookout for recruits: “We welcome exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders. If […]

The Spanish Congress of Deputies had voted in favor of a law that requires Spaniards to report their overseas cryptocurrency holdings through the tax filings. According to an official announcement made by the Spanish government (Palacio de la Moncloa), the new ruling goes in line with the current circumstances surrounding the crypto markets. “In this way, the obligation to report […]

During the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services in the region, executives from some of China’s largest bitcoin mining companies have openly discussed […]