The move could signal plans by Chinese authorities to amend its previous negative stance on Bitcoin and cryptocurrency mining activities.
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China’s state planning agency calls for public opinion on Bitcoin mining ban - News
Grayscale parent company expands GBTC purchase allocation to $1 billion The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million.
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Pakistani high court orders government to regulate crypto in three months The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period.
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Bitcoin adoption won’t affect IMF talks, says El Salvador’s top central banker The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
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Blockchain brings the sharing economy to real estate investing Crypto adoption in the real estate market could see fractional property ownership becoming more popular.
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Right-wing Indian group calls for stricter crypto regulations The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space.
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Q3 saw significant crypto market recovery from May crash, says new report Despite anti-crypto regulatory policies, the cryptocurrency market made steady gains throughout Q3 2021.
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Japan will prioritize simplicity in CBDC design, says central bank executive The Bank of Japan is keen to ensure the seamless integration of its central bank digital currency with the existing payment architecture.
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Binance continues push to become regulated crypto exchange with new hire Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators.
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Digital Pound Foundation launches to promote CBDC development in the UK The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
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Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.
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VC firm a16z pursuing crypto lobbying push in Washington Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0.
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US dominates global Bitcoin hash rate distribution after China crackdown The U.S. now accounts for more than a third of the total Bitcoin mining activity, with Kazakhstan and Russia also becoming major locations.
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Browser-based DeFi wallet XDEFI launches public version XDEFI will challenge MetaMask’s dominance of the browser wallet space by offering a new user experience for decentralized finance and nonfungible tokens.
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Blockchain.com exchange debuts Bitcoin margin trading Gold-verified users of Blockchain.com exchange in over 150 countries will now be able to trade Bitcoin with up to 5x leverage.
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South Korean opposition set to tackle controversial crypto tax law Opposition lawmakers are seeking a one-year delay in the enactment of the law as well as a lowering of the tax burden on crypto traders.
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Stockbroker platform Public.com adds crypto trading feature The stock trading app is set to debut crypto trading for its users except those in the state of New York.
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Crypto exposure has positive impact on investment portfolios, study shows The study also concluded that temporary crypto market decline and volatility are not enough to diminish the importance of cryptocurrencies in investment portfolios.
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Bank of America identifies 20 high-profile US companies with crypto exposure These companies with crypto and digital assets exposure have stocks rated as “Buy” or “Neutral” by Bank of America.
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‘Evolved Apes’ NFT creator allegedly absconds with $2.7 million Some members of the NFT project are attempting to continue the development of the game, while efforts are underway to apprehend the alleged culprit.
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Axie Infinity developer secures $152M in Series B funding from investors NFT gaming studio Sky Mavis plans to pursue further expansions in the emerging play-to-earn arena.
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DeFi security project 'Lossless' helps recover $16.7M from Cream Finance hack Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms.
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Bitcoin got stronger despite government crackdowns, says Edward Snowden The famous whistleblower referenced his statement about Bitcoin from March 2020 during the events of “Black Thursday.”
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Copernic Space and Lunar Outpost target space commercialization via NFTs Both companies are offering companies and individuals the chance to buy space on a lunar lander in the form of nonfungible tokens.
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Polkadot Web3 wallet Talisman closes $2.35M seed funding round Talisman plans to release an early version of its Polkadot wallet extension before the end of November.
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CBDCs can cut cross border remittance costs by half: BIS report A BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.
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Binance blocks fiat deposits and spot crypto trading for Singapore users The crypto exchange giant has announced further restrictions to its operations in Singapore amid regulatory scrutiny.
- Analysis
Ukraine joins the comity of crypto-friendly nations with new regulation Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country.
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Fed still undecided about digital dollar, says Chair Jerome Powell Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans.
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Ohio to host BIT Mining's new 85 MW Bitcoin mining facility BIT Mining Limited has entered into a joint venture agreement with Viking Data Centers to develop a Bitcoin mining site in Ohio.