The UK to Introduce Bill For Stablecoins Payments
The United Kingdom regulator will propose using stablecoin– cryptocurrencies whose prices are pegged to another asset– for payment in the Parliament on Wednesday. UK Finance Minister,...
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Bitcoin mining difficulty expected to see largest drop since China ban
Bitcoin (BTC) mining difficulty is expected to adjust downwards by about 4.5% during the next adjustment window, on July 21 at around 7 p.m. BST, according...
Gemini receives virtual asset service provider license in Ireland
New York-based crypto trading platform Gemini claims to be the first one to get registered as a Virtual Asset Service Provider (VASP) by the Central Bank...
Coinbase Acquires Crypto Asset Service Provider License in Italy
Leading American cryptocurrency exchange Coinbase said it had received regulatory approval from the Organismo Agenti e Mediatori (OAM) to operate as a crypto asset provider in...
VC crypto funding down 256 to 93B in first half of 2022
Investment in venture capital-backed crypto startups dipped 25.6% to $9.3 billion in the first half of 2022 compared to $12.5 billion in the first half of...
Bitcoin Mining Difficulty Adjusts Downward For Second Time In A Row
Bitcoin mining difficulty has been adjusting for a while now. With the hashrate falling as more miners go offline due to declining profitability, mining difficulty has...
Hyosung America makes Bitcoin purchasing app available to 175,000 ATMs
Hyosung America has signed a partnership deal with cash-to-crypto provider DigitalMint that enables Bitcoin (BTC) purchasing across the firm’s 175,000 ATMs located in the U.S.DigitalMint also...
JP Morgan Bitcoin’s 50 Decline in Production Cost Could Further Harm its Price
According to a note published Wednesday by the bank’s strategists led by Nikolaos Panigirtzoglou, the Bitcoin production cost is currently sitting at $13,000, down from $24,000...
Vermont becomes the sixth US state to launch investigation against Celsius
Vermont’s Department of Financial Regulation (DFR) issued a warning against troubled crypto lending firm Celsius on Tuesday, reminding users that the crypto lending firm is not...
Celsius Network Complete Another 40 Million USDC Repayment for Aave Loan
After paying off its $220 million Maker loan fully last week, Celsius has resumed making payments on its remaining Aave and Compound debts. After paying 60...
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