Industry Talk

February 3, 2023

UK Treasury publishes crypto regulation framework paper


The UK Treasury has recently published a paper outlining its proposed regulatory framework for cryptocurrencies. This comprehensive 80-page report delves into the difficulties associated with algorithmic stablecoins, nonfungible tokens (NFTs), and initial coin offerings (ICOs). Here are a few takeaways: The UK Treasury recently issued a consultation paper outlining their intentions to enforce regulations on trading […]

Industry Talk

February 2, 2023

UK regulator beams searchlight on FTX-linked charity


The UK’s financial watchdog is turning its attention to a charity linked to FTX, an electronic trading platform used by cryptocurrency traders. Below are some points to note: The Charity Commission has launched an investigation into a charity, Effective Ventures, which is connected to FTX. The Commission states in a statement that it was “concerned […]

Industry Talk

Binance to launch Crypto Card in Brazil in a short time


Binance, the world’s leading cryptocurrency exchange, recently announced it will be launching its Crypto Card in Brazil. With this card, holders can use their cryptocurrencies to make payments in stores and online. Here are a few key points: • Binance’s Crypto Card is powered by the Mastercard network and it will be accepted at more […]

Industry Talk

January 19, 2023

2022 crypto-related activities: SEC fines hit $2.6 billion


The US Securities and Exchange Commission (SEC), has announced that it has accrued more than $2.6 billion in fines and penalties; from the cryptocurrency industry throughout 2022. These fines are related to various violations of US financial regulations, including unregistered securities offerings, frauds, misappropriations, market manipulation, and other misconduct. First, the key points: The US […]

Industry Talk

January 15, 2023

The US SEC files lawsuit against Gemini and Genesis


On Thursday, the U.S. Securities and Exchange Commission declared that Genesis Global Capital LLC and Gemini Trust Company LLC. Were unlawfully selling securities to hundreds of thousands of investors through their crypto lending program – a consequential violation of federal regulations. The SEC alleges that the two companies, owned by the Winklevoss twins, Tyler and […]

Industry Talk

January 14, 2023

Crypto.com reduces workforce, cites negative economic conditions


Crypto.com, one of the world’s largest cryptocurrency companies. Has announced that it is reducing its workforce as a result of the negative economic conditions caused by the COVID-19 pandemic. The company has stated that the decision was made, to ensure financial stability and position itself for growth when markets; stabilize and recover. Today, Crypto.com Exchange’s […]

Industry Talk

January 5, 2023

DLCs on The Lightning equals Bitcoin Smart Contracts


DLCs on Lightning Open the Door for Bitcoin Smart Contracts The first successful discrete log contract was completed on the Lightning Network by introducing a new type of transaction while opening a Lightning channel. The first successful discrete log contract was completed on the Lightning Network by introducing a new type of transaction while opening […]