South African Treasury on Crypto Regulations: Amendments to Relevant Laws to Be Finalized in 2022

The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in... Read more »

Bitcoin whales fuel BTC price comeback as stocks brush off Russia-Ukraine shocks

Bitcoin (BTC) kept $40,000 in play at the Wall Street open on Feb. 25 after 16% daily gains increased bulls’ confidence. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Whales “leading the charge”... Read more »

Ukrainians Are Preparing to Lose Internet Access

Key Takeaways Apps enabling offline communication and mapping are topping downloads charts in Ukraine. This suggests a fear in the nation of internet outages, which have already begun to occur in places.... Read more »

What happened to the BitMEX founders in New York federal court?

BitMEX co-founders Arthur Hayes and Benjamin Delo have pleaded guilty to breaking anti-money laundering (AML) regulations in the U.S. Southern District Court of New York. This caps a long-running saga in which... Read more »

Bitcoin traders say $34K was the bottom, but data says it’s too early to tell

Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine... Read more »

Russian Bitcoin Mining Assessed Amid Conflict With Ukraine, Large ETH Pool Cancels Service to Russia

With the conflict between Russia and Ukraine, many observers are curious about the large quantity of hashrate located in Russia, as the region reportedly controls the third-largest sum of SHA256 hashpower worldwide.... Read more »

Layer 1 Coins Bounce Back From Russia-Ukraine Dip

Key Takeaways The crypto market has partly recouped its losses following the sell-off prompted by Russia-Ukraine tensions. Layer 1 coins have led the recovery, with Kadena, Avalanche, and Terra posting double-digit gains... Read more »

Senate Approves Bill seeking to legalize cryptocurrencies in Brazil

Brazil could become the latest country to legally recognize cryptocurrencies, with a new bill heading to the Senate for approval. The Economic Affairs Commission (CAE) of the Senate approved the project that... Read more »

BNY Mellon plans to launch digital asset custody platform later this year

BNY Mellon, a major investment bank, is developing a digital asset custody platform that will allow institutional customers to gain crypto exposure. According to a report from City A.M., customers will be... Read more »

Central Bank of Argentina Prepares New Regulations for Digital Wallets

The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed... Read more »