India’s Central Bank Reveals 50,000 Users and 5,000 Merchants Now Using Digital Rupee

India’s central bank, the Reserve Bank of India (RBI), has revealed that 50,000 users and 5,000 merchants are now using its central bank digital currency (CBDC). Digital rupee transactions are currently processed... Read more »

Brazil’s oldest bank allows residents to pay their taxes using crypto

A major Brazilian bank is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies. According to a statement published by Brazilian bank Banco do Brasil on Feb.... Read more »

Unpacking the basics of Bitcoin nodes and Taproot functionality – BitTalk6

BitTalk will be moving to a weekly format from Feb. 11 BitTalk is back with episode 6, exploring the latest developments in the Bitcoin network. In this episode, James, Nick, and Akiba... Read more »

Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with... Read more »

Kraken’s staking down, FTX post-bankruptcy hell, Binance news…

Top Stories This Week Kraken reaches $30M settlement with SEC over staking as IRS seeks user information Kraken has agreed to stop offering staking services or programs to United States clients after... Read more »

Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program

The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against... Read more »

PayPal puts its stablecoin project on hold

Ad Payments giant PayPal has paused work on a potential upcoming stablecoin, Bloomberg News reported on Feb. 10. A representative of the company told Bloomberg: “We are exploring a stablecoin…If and when... Read more »

State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

A new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried... Read more »

Kraken co-founder Jesse Powell comments on staking and SEC settlement

Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series of tweets on Feb. 9. Kraken leader comments on... Read more »

Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish

Bitcoin (BTC) price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to say that... Read more »