BaFin Launches Investigation against BitcoinWelt

BaFin, the German financial market regulator, has announced on Friday that BitcoinWelt is under investigation, as there are suspicious of unauthorized banking and financial services activities in the country pursued by the website. According to the warning, bitcoinwelt.co is not supervised by the German watchdog. “Providers of banking or financial […]

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Bitcoin Banning China Keeps NFT-ing

The Chinese Communist Party (CCP) is losing its war on crypto with positive news continuing to come out of the country years on after a continuous crackdown on bitcoin and other cryptos. The latest is news that one of China’s smartphone manufacturers, Meizu, has minted and is selling an NFT. […]

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Cardano was Created for the Second Wave of DeFi Applications ! Says Founder Charles Hoskinson – Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Cardano plans for its new smart contracts The community had been anticipating the Alonzo hard fork because it was only after its activation that smart contracts built in the Plutus script surfaced on the Cardano network. On the Cardano platform, decentralised applications (dApps) and DeFi projects are now possible.  Cardano’s […]

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Curve Announces the Launch of Flex

Curve, one of the fastest-growing financial super apps, recently introduced Curve Flex to turn past payments from any card into installments. Curve Flex is a unique rival to Buy Now Pay Later (BNPL). In an official announcement, Curve mentioned that after receiving approval from the Financial Conduct Authority (FCA) on […]

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Bitcoin-based security token offering approved in Germany

German financial regulators have approved a security token offering (STO) based on a Bitcoin (BTC) sidechain. Germany’s Federal Financial Supervisory Authority (BaFin) has greenlighted the EXOeu token by game publisher Exordium, making local retail investors eligible to participate in the sale on Stokr, a major European digital marketplace. German investors can […]

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Treasury Prepping Stablecoin Clampdown: Report

Key Takeaways Treasury officials have reportedly identified several risks posed by stablecoins. Officials are concerned about the rapid growth of pegged assets and the potential for them to cause financial instability. As stablecoins see increased use, regulators are quickly moving to regulate them. U.S. Treasury officials have reportedly identified several […]

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