Hong Kong Regulator on crypto exchanges Hong Kong’s rapid embrace of cryptocurrency and Web3 technology reflects significant advancements in mainland China, according to Animoca co-founder Yat Siu. Siu pointed to China’s Web3 whitepaper release in May, showcasing the country’s focus on internet tech. Hong Kong’s crypto-friendly regulations have garnered attention in mainland China, providing a...Read More
Robert Kiyosaki, author of “Rich Dad Poor Dad,” has made a new prediction regarding the price of Bitcoin. He believes that the BRICS alliance will soon announce a gold-backed cryptocurrency, which could impact the value of the US dollar. To protect against impending inflation, Kiyosaki advises his followers to invest in gold and silver. He...Read More
The Australian Securities and Investment Commission (ASIC) has carried out a search at Binance’s offices in Australia as a part of an ongoing inquiry into the crypto exchange’s former derivative businesses. The search, which happened on Tuesday, concentrated on Binance’s adherence to Australian regulations. A Binance spokesperson recently said that the exchange is “ Committed...Read More
Robinhood, the popular trading platform, has announced its third round of layoffs, reducing approximately 150 staff members. This move is a response to a slowdown in customer trading activity since Q2 2021. The company aims to align its team structures and adjust to volumes. In 2022 alone, Robinhood has cut its headcount by 30%. Critics...Read More
Changpeng Zhao has recognized the ongoing situation and implicitly advised everyone to disregard any fear, uncertainty, and doubt (FUD), fake news, or attacks. In a Twitter post, he assured that his team is actively ensuring system stability, including withdrawals and deposits. A response will be provided once they receive the complaint, as the media sometimes...Read More
Renowned Bitcoin cash advocate and early Bitcoin investor, Roger Ver, predicts that neither Ethereum nor Bitcoin will be the primary choice for new crypto users. Speaking on the “Show Me the Crypto podcast,” Ver, often referred to as “Bitcoin Jesus” for his past Bitcoin advocacy, acknowledges Ethereum’s scaling issues but recognizes it as the frontrunner...Read More
Atlanta’s Federal Reserve Bank praises Ripple’s XRP for cross-border transactions. Reserve Bank eyeing XRP payments, Federal Bank on web3 at digital assets. The Report shows more use of web3 and Blockchain by central banks, Highlights project Mariana( A Proof Concept of by BIS; Bank of International Settlements, and financial institutions. Project Mariana boosts cross-border settlements using...Read More
crypto regulation FTAF(Financial Action Task Force) denied requiring countries to ban virtual assets and services despite Pakistan’s Finance Minister’s claims. Minister Aisha Pasha says legalizing cryptocurrency risks the country being ‘Grey listed’ by FTAF and said no to legalizing cryptos in Pakistan. FTAF Grey lists the country due to huge crime and violence, FTAF mandates VAP(...Read More
CPI REPORT The Bureau of Labor Statistics has recently released new data indicating that prices increased by 5% over the course of the year ending in March. While this rate is slightly lower than the 6% reported in February, it is still a significant figure. Moreover, when compared to February, March saw a marginal increase...Read More
