Bitcoin Drops 42.93%: What’s Behind the Decreasing Balances on Crypto Exchanges?
The value of Bitcoin (BTC) has dropped 42.93% since March 29, 2021, marking a significant downturn in the cryptocurrency market. Alongside this price
Crypto News
Crypto News
Indian Banks Halt Crypto Services Despite RBI’s Clarification
Despite the Reserve Bank of India’s (RBI) clarification that its 2018 circular banning cryptocurrency transactions is no longer valid, several Indian banks continue
Crypto News
FCA Bans Binance from Operating in the UK Amid Regulatory Crackdown
The Financial Conduct Authority (FCA), the UK’s financial regulator, has banned Binance, one of the world’s largest cryptocurrency exchanges, from offering specific services
Crypto News
CME Achieves Milestone with Over 1 Million Micro-Bitcoin Futures Traded
The Chicago Mercantile Exchange (CME) Group has achieved a significant milestone in the cryptocurrency market. With over 1 million micro-bitcoin futures contracts traded,
Crypto News
FSCA Moves to Regulate Crypto Assets After Africrypt Scam
The Financial Services Conduct Authority (FSCA) of South Africa is considering declaring crypto assets a financial product following the massive Africrypt scam, which
Crypto News
MiCA Law Draft: European Crypto Regulations Take Shape
The Markets in Crypto-Assets Regulation (MiCA) draft is set to reshape the regulatory landscape for cryptocurrencies in the European Union (EU). With new
Crypto News
Citi Group Establishes Digital Assets Group to Expand Cryptocurrency Access
In a significant move to embrace the cryptocurrency market, Citi Group has announced the formation of a Digital Assets Group within its Wealth
Crypto News
South Korea Cracks Down on Tax Evasion: $47M in Cryptocurrency Seized
In a historic crackdown on tax evasion, South Korean authorities have confiscated over 53 billion Korean won ($47 million) worth of cryptocurrency. This
Crypto News
Q2 Holdings Partners with NYDIG to Launch Integrated Bitcoin Services
Q2 Holdings Inc., a leading provider of digital solutions for financial institutions, has announced a groundbreaking partnership with New York Digital Investment Group
Crypto News
Goldman Sachs Executes First Blockchain-Based Repo Trade Using JPMCoin
In a significant step towards the digitalization of financial transactions, Goldman Sachs has completed its first blockchain-based repurchase agreement (repo) trade. The transaction,
