Switzerland’s Financial Market Supervisory Authority — the country’s principal financial regulator — has made an “unfavorable prognosis” regarding Bitcoin Suisse’s application for a banking license.  According to an official announcement on March 17, Bitcoin Suisse’s current application is ineligible for approval on the grounds that “various elements that are relevant […]

eToro, the stock and crypto trading app is all set to go public by merging with SPAC FinTech Acquisition Corp V. The trading platform is a Robinhood rival, and rumors about its public debut was rife in the recent past. The SPAC merger deal would include a $650 million common […]

Lawyers negotiating on behalf of  Arthur Hayes, one of four BitMEX executives and co-owners accused of violating the Bank Secrecy Act by United States authorities, have finalized the terms of his proposed voluntary surrender to a Hawaii court on April 6. As a letter submitted to the Southern District Court of New […]

The Australian government has allocated A$6.9 million (US$5.3 million) to study the role blockchain technology can play in regulation. The funds will go to two pilots looking into reducing the cost of regulatory compliance through blockchain integration. As per a report by ZDNet, the government granted the money to the […]

Social Alpha Foundation is set to auction works from top NFT artists on the Nifty Gateway to support Open Earth Foundation’s efforts to bring open digital solutions designed to address climate-related issues. Auction Sponsor Render Network To Donate Carbon Credits To Offset NFT Impact Excitement over NFTs has hit a […]

TRON price is trading in a range above $0.0480 against the US Dollar, while bitcoin is correcting gains. TRX price must settle above $0.0550 to start a steady increase in the near term. Tron Price Analysis After a drop towards the $0.0420 support, tron price started a fresh increase against […]

Russia’s central bank intends on launching a digital ruble prototype this year, its deputy chairman has recently revealed. The bank announced its central bank digital currency plans in 2020, causing rifts within the banking sector. It now intends to launch the prototype as development continues into the next year. Alexey […]

The price of Bitcoin has doubled in the past 75 days, prompting some analysts to question whether the market is approaching over-extension. However, historical analysis from Bitcoin monitoring team CaseBitcoin suggests the Bitcoin markets could accelerate further, noting that BTC’s “doubling time” — the time taken for price to increase […]

Digital currency trading platform Bakkt has been awarded a BitLicense in New York by local regulators, allowing the firm to offer virtual currency trading services to customers in the state. The New York State Department of Financial Services (NYDFS) confirmed Bakkt’s licensing application this week, making it the latest firm […]