Bitcoin is Firing On All Cylinders, Reaches $50,000

Bitcoin is picking up speed. After several months of traveling through the doldrums, the world’s number one digital currency by market cap appears to be moving back up the financial ladder once again. The currency is presently trading for just over $50,000 per unit, meaning it has gained approximately $5,000 […]

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Budweiser Bought a Beer-Themed Ethereum Domain NFT

Budweiser has bought the Ethereum domain name “beer.eth” along with an NFT bottle rocket from the Tom Sachs Rocket Factory collection.  Budweiser Buys NFTs Another multi-billion dollar company has bought into NFTs. The @budweiserusa Twitter account changed its profile picture to a Budweiser-themed rocket from the Tom Sachs Rocket Factory […]

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Thai SEC proposes new rules for digital asset custodians

The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns. On Wednesday, the Thai SEC proposed a set of additional regulations related to custody of investors’ cryptocurrency holdings held by digital asset business operators. The newly proposed rules refer to custody […]

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ASIC Mulls to Restrict Payment for Order Flow Model

The Australian Securities and Investments Commission (ASIC), financial markets regulator in the country, proposed on Wednesday further restrictions on the practice of the controversial payment for order flow (PFOF) model with an amendment of the market rules. PFOF model allows the retail brokerages to send their orders to wholesale market […]

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