FCA has created a new travel rule which allows passengers to buy tickets with crypto. This has been met with both praise and criticism, as some see the ruling as a step forward for cryptocurrency, whilst others view it as a risky gamble.
Reeling from the development, digital asset trading platform RECUR announced its closure today, two years after raising $50M in venture capital. The SEC investigation of the platform and its senior management team have been cited as a primary factor in its demise.
As the crypto market continues to soar, investors are looking for new ways to get in on the profits. Two early altcoins, Ethereum and Litecoin, have emerged as top contenders for big gains this year. Their fundamental properties make them strong investments to consider.
As Bitcoin prices plummet 11% this week, experts are wondering how far down BTC prices can go. With price volatility continuing, investors are anxious for answers as they assess the risk of further losses.
Crypto businesses experienced a tumultuous week: Binance Connect suddenly went offline, Prime Trust began shutting its doors, and PayPal announced a Crypto Hub. In a rapidly changing industry, the future of crypto remains uncertain.
Cryptocurrency lender Exactly Inc. has been hit by a $12M exploit, leading to a significant loss of user funds. With the platform now offline for investigation, users are left wondering what exactly happened and what their next steps should be.
Taiwan regulators are making moves to protect virtual asset investors through a new proposal. The new regulatory proposal allows the formation of self-regulatory industry associations, showing an encouraging step towards supporting the development of the crypto industry.
The Australian Securities and Investments Commission (ASIC) has charged a local crypto lender, Helio Financial Pty Ltd, for falsely claiming to hold an Australian Credit License in advertisements. ASIC demanded a hefty $50,000 penalty for the offense.
The PayPal effect is reverberating through the halls of Washington D.C., forcing lawmakers to rethink their stance on digital currencies. Its foray into crypto trading has strengthened the case for progressive regulation while intensifying the debate on the risks and opportunities posed by decentralized money.
The cryptocurrency market experienced a devastating “crypto bloodbath” this week as Bitcoin tumbled to a low of $26K – a nearly 25% crash from its all-time high – and XRP led the altcoins in its descent.