Bank of Spain Calls On VASPs To Register
The Central Bank of Spain is launching a new set of registrations that target virtual currency service providers (VASPs). The new guidelines will also impact banking institutions operating in the country. The Central Bank of Spain seeks to address the issue
El Salvador To Create Bitcoin City
El Salvador has announced plans to build a Bitcoin city. The country has been making notable measures to boost the adoption of Bitcoin ever since it announced the launch of Bitcoin as a legal tender in September. As part of pushing
FTX.US Most Liquid Crypto Exchange in U.S.
The U.S. is home to many exchange platforms, including Kraken, Coinbase, Gemini and FTX. FTX.US has now emerged to be the most liquid cryptocurrency exchange in the U.S. This comes after the exchange implemented strong marketing strategies, including buying advertisement spots
Dubai Financial Authority Launches Regulatory Framework For Investment Tokens
The Dubai Financial Services Authority has rolled out a new regulatory framework for investment tokens. The new framework is one of the bold steps that the regulatory body has taken to oversee the digital assets sector. Under the new regulatory framework,
MiamiCoin To Generate Residents “Bitcoin Yield”
Miami is one of the most-friendly crypto hubs in the United States. The city launched its own cryptocurrency dubbed "MiamiCoin" in August, and according to the mayor, Francis Suarez, the coin has already made major gains. Suarez has now revealed that
TokenPocket App Removed From Apple’s App Store
Apple has removed the TokenPocket app from the App Store. This app was removed from the platform because PayPal filed a trademark complaint against the crypto wallet. TokenPocket has stated that it had received a notice from the payments giant firm
Buterin Says Layer 2 Solutions Will Help Ethereum Scalability
The Ethereum network has, for the longest time, been battling scalability issues on the network. One of the solutions to taming this scalability issue is the ETH 2.0 upgrade that is expected to be rolled out next year. However, the
NBA Star Kevin Durant Launches SPAC Targeting Crypto Firms
Kevin Durant has unveiled a Special Purpose Acquisition Company (SPAC) that targets technologically innovative firms. Some of the firms that will be included in this SPAC include those operating in the crypto sector. The SPAC is collaborating with Rich Kleiman, Durant’s
GameStop Hiring Accountant For NFTs
The video game retailer GameStop is looking to hire an accountant who will work on non-fungible tokens (NFTs), cryptocurrencies and other applications that adopt blockchain technologies. The job posting made by the firm stated that the individuals applying for this role
Brazil Cracks Down On Crypto Related Financial Crimes
One of the main challenges that cryptocurrencies face is legitimacy. Many government officials link cryptocurrencies to fraudulent dealings such as money laundering and terrorism financing. However, different jurisdictions have developed a new and differing set of rules to ensure cryptocurrencies are