Crypto.com adds Pay support for MATIC, USDC and DAI

Singaporean cryptocurrency exchange Crypto.com recently launched an update to its decentralized finance (DeFi) wallet service enabling support for fiat-to-crypto purchases in more countries and three new tokens. In a blog post published... Read more »

First Voyager payouts should begin by June 1, creditors’ committee says

Voyager’s Official Committee of Unsecured Creditors said on May 17 that a pending repayment plan will take effect in the next few weeks. Users could access funds in coming weeks The committee... Read more »

Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms

According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it... Read more »

US Secret Service has an NFT collection: Nifty Newsletter, May 10–16

In this week’s newsletter, read about the United States Secret Service’s nonfungible token (NFT) collection, and how Elon Musk’s tweet caused a surge in an NFT collection’s floor price. Check out how... Read more »

Pakistan does not plan to legalize crypto trading

Pakistan Minister of State for Finance Aisha Ghaus said the Asian country could not legalize cryptocurrency trading, citing its recent removal from the Financial Action Task Force’s (FATF) “Grey List.” In an... Read more »

Tax Authority Slated to Become Main Crypto Regulator in Russia

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the... Read more »

New survey says Bitcoin is safer than the US dollar — Watch The Market Report

On today’s episode of The Market Report, analyst and writer Marcel Pechman discusses if Bitcoin (BTC) is safer than the United States dollar, considering the U.S. government’s risk of defaulting on its... Read more »

Ledger calls itself a “self-custody maxi,” says recovery service is optional

Ledger emphasized its commitment to self-custody of funds in response to ongoing criticism from customers on May 16. Earlier, the hardware manufacturer announced a feature called Recover that allows users to restore... Read more »

Crypto retail trading should be regulated as gambling: UK lawmakers

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new... Read more »

Bitcoin Cash enables CashTokens upgrade on its network

The Bitcoin Cash (BCH) network underwent a major upgrade on May 15, allowing developers to create tokens with the same properties as BCH. The tokens — called “CashTokens” — can be issued... Read more »