Renowned author Robert Kiyosaki, best known for his personal finance book ‘Rich Dad, Poor Dad,’ has once again expressed his conviction that traditional fiat currencies are on the path to obsolescence, while cryptocurrencies are poised to become the future of money. During the TOKEN2049 conference in Singapore, Kiyosaki took to the social media platform X […]
The U.S. is lagging behind Europe in the digital asset space, with the latter introducing its first Bitcoin exchange-traded fund (ETF) and setting up the Markets in Crypto Assets (MiCA) framework. This summer, the SEC delayed its decision on a spot Bitcoin ETF approval, while the U.S. also experienced a crackdown on crypto exchanges and […]
The Hong Kong Monetary Authority (HKMA) has warned crypto firms that it is illegal for any unauthorised company or platform to refer to themselves as a “bank” or deposit-taking business. The regulator has reminded the public that only HKMA-licensed providers can use the term bank or take deposits from the public.Using terms such as digital […]
The United States House Financial Services Committee is moving forward with legislation to prevent the issuance of a central bank digital currency (CBDC). On Sep. 20, the Committee will mark up two bills related to a potential digital dollar. The first bill, the Digital Dollar Pilot Prevention Act, or H.R. 3712, prohibits the Federal Reserve […]
Four new coins with high price potential have recently been reviewed by crypto influencers, offering insights and analysis that can help viewers make better trading decisions. Bitcoin BSC (BTCBSC) is a BEP-20 token operating on the Binance Smart Chain, providing crypto investors with a taste of Bitcoin’s initial bull run. BTCBSC holders can stake their […]
Pikamoon (PIKA) is a rapidly growing meme coin that is currently valued at $0.0006 in the ongoing third phase of the presale. Experts believe there’s the potential for another 50x rally for the deflationary token before the end of 2023. Investors are now turning to this project after Stellar Lumen (XLM) experienced a 20% decline […]
Solidus Labs, a crypto-native trade surveillance and risk monitoring firm, has released a report that reveals wash trading activity of at least $2 billion worth of cryptocurrency on Ethereum-based decentralized exchanges (DEXs) since 2020. The report found that wash traders manipulated 67% of the 30,000 DEX liquidity pools analyzed, accounting for 16% of the total […]
PayPal’s venture into the digital currency market has the potential to initiate groundbreaking innovations in crypto services, from hosting crypto wallets to providing advanced trading tools. As PayPal navigates through the complex terrain of regulatory compliance, it paves the path for other fintech companies to follow suit, promoting widespread acceptance of digital currencies in everyday […]
The Japanese government is set to adjust regulatory frameworks, allowing startups to raise funds by issuing digital assets to investors. This decision is part of Japan’s ongoing efforts to diversify capital-raising platforms for its domestic startups, aligning itself with the global trend of embracing digital assets. Prime Minister Fumio Kishida has emphasized his government’s commitment […]
Binance.US, the American arm of the leading crypto exchange Binance, has recently lost two key executives amid increased scrutiny from regulators. Krishna Juvvadi, the head of legal, and Sidney Majalya, the chief risk officer, are the latest in a series of high-level departures from the exchange. Juvvadi was reportedly one of Binance.US’s main points of […]
