Regulators from the CVM, the securities watchdog of Brazil, have approved the first Ethereum-based ETF in Latin America (Latam). The product, presented by blockchain investment company QR Asset, aims to simplify the task of getting Ether exposure for retail and institutional investors. It will be traded with the QETH11 ticker […]

Key Takeaways Dogecoin co-founder Jackson Palmer called cryptocurrencies “inherently right-wing” in a lengthy tirade this week. Coinbase CEO Brian Armstrong responded, highlighting how crypto has created wealth and equality of opportunity. The comments from Palmer and Armstrong form part of a larger debate on the ideology of cryptocurrencies. Coinbase CEO […]

Japan is focused on introducing crypto regulations as the Financial Services Agency (FSA) has recently established a new unit to oversee digital currency regulatory frameworks, while the Ministry of Finance is considering increasing its headcount. Citing three anonymous officials, Reuters reported on Friday that the move on the part of […]

Brian Armstrong, co-founder and CEO of Nasdaq-listed cryptocurrency exchange Coinbase, took to Twitter to respond to a recent attack on crypto by Dogecoin (DOGE) co-creator Jackson Palmer. In a Twitter thread on Thursday, Armstrong pointed out some of the biggest benefits of cryptocurrencies like Bitcoin (BTC), stressing that crypto is […]

Japan is strengthening its efforts to regulate digital currencies on a global scale, with related government authorities reportedly looking to expand staff to impose stricter rules. Japanese regulators have expressed fresh concerns over the massive growth of the cryptocurrency market, particularly cautioning against stablecoins, Reuters reported Friday. Tokyo is willing […]

The Crazy Horse 3 gentlemen’s club has announced it has become the first major entertainment venue in Las Vegas to accept Bitcoin using the Lightning Network. The nightspot will implement the layer two Bitcoin scaling solution enabling punters to make payments in a flash. It has integrated BTC payment processor […]

PayPal, the US-based payments giant, yesterday announced that the company has increased its weekly cryptocurrency purchase limits in the US for eligible customers. PayPal clients can now purchase up to $100,000 worth of cryptocurrency assets. According to an official press release from PayPal, there will be no annual purchase limit on […]

Digital asset-focused Swiss Bank, Sygnum, has teamed up with art investment firm Artemundi to offer fractionalized ownership shares in a Pablo Picasso painting for $6,000 each. Shares representing ownership over $3.68 million Picasso painting, “Fillette au béret,” will be tokenized and issued via blockchain technology, allowing a wide variety of […]

Popular cross-chain decentralized exchange, ThorChain, has suffered a multimillion-dollar breach. Estimates as to the scale of the damage vary, with ThorChain revising the initial estimate that 13,000 ETH (worth $25.1 million) had been stolen down to 4,000 ETH (roughly $7.6 million) as a ballpark for damages. In the ThorChain community […]