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
Number Of Bitcoin ATMs Surpasses 5000
Growing adoption of Bitcoin has created a steadily increasing need for Bitcoin ATMs to match the need for these digital currencies. North America alone has witnessed such a widespread explosion of these depots. This can only mean that more and more
Reddit Hints At Launching An NFT Platform
Social media giants have been looking towards non-fungible tokens (NFTs) in a bid to tap into this rapidly growing area. Facebook and Twitter are among the social media platforms that have already ventured into the NFT sector. As more proof
Estonia Proposal To Revoke All Crypto Licenses
While the rest of the world is showing a more open approach regarding crypto assets and their regulations, Estonian regulators have decided to crack down on all exchanges in the country. Financial market regulators in Estonia want to revoke all licenses