Trading of so-called "unsecured cryptoassets" such as Bitcoin and ether. It should be regulated as gambling rather than a financial service, a group of British lawmakers said in a new report.
Bitcoin Users have gained a potentially more efficient way to mint new assets on the blockchain after Lightning Labs released an updated version of its recently rebranded Taproot asset protocol.
With the growing popularity of hardware cryptocurrency wallets, Russian cybersecurity firm Kaspersky has reminded users of the importance of using genuine encryption devices.
Optimism, a layer 2 scaling solution, is getting a highly anticipated Bedrock upgrade on June 6th. The move is expected to significantly reduce transaction fees, provide greater network security and enhance compatibility with Ethereum.
The US Secret Service owns cryptocurrencies, has its own collection of NFTs, and praised blockchain technology's ability to fight financial crime, Reddit users learned in a recent “Ask Me Any Question” (AMA).
South Korean prosecutors have raided the offices of two local cryptocurrency exchanges amid an investigation surrounding lawmaker Kim Nam-guk's digital assets.
OpenAI boss Sam Altman is reportedly in "advanced talks" to secure $100 million in funding for Worldcoin, a project to create a collectively owned and globally distributed cryptocurrency.
Legislators in the U.S. state of Texas have voted to amend the state’s bill of rights and add a provision recognizing the right of individuals to own, retain and use digital currencies. The decision was made on Wednesday, May 10.
The National Bank of Ethiopia (NBE) has announced on May 11 the issuance of a mobile money service license to Safaricom M-Pesa mobile financial services. Previously, only Telebirr, part of the state-owned Ethiopian Telecom network, operated in the market.
The US Government Accountability Office (GAO) has released a preliminary review of Silicon Valley Bank and Signature Bank's failures, which included exposure to cryptocurrency industry deposits.
Crypto Users Using Bitcoin to Buy Luxury Cars, Faces 18 months in prison and a $3.7 million fine in Morocco, a country that still makes the use of cryptocurrencies illegal.
Cryptocurrency exchange Binance has acknowledged that the crackdown on cryptocurrencies has made doing business in the United States challenging. It now wants to be regulated in the UK.
Coinbase's legal chief has asked the US Securities and Exchange Commission (SEC) to make several amendments to its proposed regulations governing the responsibilities of registered investment advisors (RIAs) to store client assets with qualified custodians.
As more and more markets continue to adopt and offer digital assets, Bitcoin serial numbers also known as Bitcoin NFTs have become a focal point in the Web3 space.
A proposal seeking to apply the “one brand, one token” principle has been pushed to a vote on BitDAO's snapshot and calls for an alternative to BitDAO's Token (BIT) under a new governance token. Snapshot is an off-chain governance voting platform for decentralized autonomous organizations (DAOs) and other blockchain projects.
Financial regulators continue to scrutinize major traditional financial firms such as HSBC and Scotiabank amid the ongoing banking crisis in the United States.
