Bank of Russia Registers Country’s First Digital Asset Manager
Russia is one of the largest crypto economies globally. The country’s crypto regulatory framework has been in the “gray zone” for a long time, but a shift is now happening. The Bank of Russia has registered the first digital asset management company,
Tonga Creates Bitcoin Wallet For Relief Donations
Bitcoin donations have become popular globally, and despite the current sluggish performance of cryptocurrency prices, Bitcoin holders are stepping in to help with the relief efforts in the Kingdom of Tonga. The Kingdom of Tonga was hit by a major volcanic
Mozilla Pauses Crypto Donations Amidst Backlash
The Mozilla Foundation, the body behind the Firefox browser, has retracted its decision to accept crypto donations. However, this decision has not been received well by players in the cryptocurrency market. Dogecoin’s co-founder, who goes by the name Shibetoshi Nakamoto on
Turkish Lira Plunges as Crypto Trading Volume Peaks
Crypto activity in Turkey is currently at a peak because of the events surrounding the value of the Turkish Lira. Currently, crypto trading volumes in Turkey have surpassed one million daily. This comes as the Lira takes yet another plunge. The slump
Bank of Russia Blocks Mutual Funds From Offering Crypto Exposure
The Bank of Russia has remained skeptical about cryptocurrencies. The institution has now issued a statement regarding the investment opportunities available for mutual funds. According to Russia’s Central Bank, mutual funds have been banned from investing in digital assets such as
Bank of England Says Bitcoin Too Volatile To Be Legal Tender
The use of Bitcoin is constantly evolving. Bitcoin is no longer just a speculative asset, it has seen adoption not only a reserve asset for businesses, but as legal tender for countries. El Salvador made headlines because it was the first
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
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
$BITO ETF Nears Futures Contract Limit Days After Launch
The ProShares Bitcoin Strategy ETF that started trading earlier this week has been having a field day. However, it now seems like the popularity that the ETF has gained in just a few days is overwhelming as the fund nears
Bitpanda Receives $263 Million From Valar Ventures
Bitpanda, a popular crypto trading platform, has benefited from a $263 Million dollars in funding from the renowned Peter Thiel. This brings the value of the crypto firm to $4.1 Billion. With this development, Bitpanda now stands three times its value