Bank of Japan to trial digital yen with three megabanks
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026. Despite Japan’s...
Day: November 23, 2022
Crypto awakening: Researcher explains ETH exodus from exchanges
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse....
Bukele’s government introduced a bill to launch the ‘Bitcoin bonds’
A new bill confirms the government’s plan to raise $1 billion and invest them into the construction of a “Bitcoin...
Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will...
Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin
Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s...
DCG Subsidiary Foundry to Acquire 2 ‘Turnkey’ Bitcoin Mining Facilities From Compute North
Digital asset mining and staking firm Foundry has agreed to purchase two “turnkey” bitcoin mining facilities from Compute North, a...
Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears
Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called...
EU-based crypto exchange Bitpanda secures crypto license in Germany
The other licensees included three European institutional investment platforms and one U.S.-based retail platform. In an official blog post, Bitpanda...
Bitcoin may need $1B more on-chain losses before new BTC price bottom
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests. Bitcoin (BTC) hodlers...
US Sen. Elizabeth Warren says crypto will ruin economy —community responds
Elizabeth Warren’s WSJ op-ed, which correlated the fall of the FTX crypto exchange to crypto ruining the entire economy, did...
Central banks can use Bitcoin to fight off sanctions: Harvard research
Matthew Ferranti, a Ph.D. candidate at Harvard, pointed out that Bitcoin is an optimal alternative hedging asset for central banks....
New York AG pushes prohibition of crypto purchases via retirement funds
The NYAG clarified that digital assets differ from blockchain technology, and it has no issues with citizens purchasing stakes in...
New York governor signs PoW mining moratorium into law
Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four months after the bill was...
FTX collapse triggers second thoughts on Busan City’s crypto exchange plans
The Busan city administration has signed agreements with multiple crypto firms, including Binance, Huobi Global, Crypto.com, as well as the...
Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky
The cybersecurity firm predicted that crypto-related cybercrime won't slow down in 2023, but it will move on from Bitcoin as...
