Archived Posts

On Friday, the Swiss Financial Market Supervisory Authority (FINMA), announced its permission for authorized Swiss exchange SIX to establish a distributed ledger-based crypto currency marketplace and central securities repository. Originally planning to debut in the second half of 2019, the Six exchange has been stymied by legislative obstacles. Even though no particular rollout was revealed   Read more...

After a massive spike of $4B in transactional volume for the top non-fungible token (NFT) marketplace OpenSea during August, latest statistics suggest a sharp decline in September. NFT marketplaces have generally followed the negative trend seen in cryptocurrency markets over the past week, with marketplaces, collections, and floor prices all seeing price declines. According to   Read more...

RealX, a marketplace for fractional property ownership, unveiled its services to the general population on Friday. Due of the Covid epidemic, the fintech company, which started in 2020, had to halt activities. With a blockchain-based registry, the investing platform allows interested investors to securely participate in high return assets. “We were in our initial periods   Read more...

The governor of Sveriges Riksbank – Sweden’s central bank, has rejected Bitcoin (BTC) as a completely implausible substitute to government-backed fiat money. “Private money generally fails eventually,” said Sveriges Riksbank governor Stefan Ingves at a banking symposium in Stockholm. He went on to say, “Certainly, you may become wealthy investing in bitcoin, but it’s similar   Read more...

Do you think that Bitcoin should be recognized as currency in the US? According to a recent survey, 27% would approve such a measure. The survey, performed by the British market research company YouGov, revealed that Democrats, those at the top of the wage scale, and those under the age of 34 supported the move   Read more...

According to the president of the Mexican central bank, Bitcoin is not developed money; in reality, it is not a form of money at all. He went on to say that Bitcoin is nothing more than a lousy store of value and a risky bet, and that Mexico would never accept it as legal currency.   Read more...

Ukraine has legalized Bitcoin, making it one among the foremost countries to establish basic rules for the crypto market. El Salvador made Bitcoin legal currency a few days before. Cuba had enacted a cryptocurrency-recognition legislation only two weeks before. Both the United States and Germany have rules governing digital assets. The Ukrainian Parliament approved a   Read more...

Binance Smart Chain (BSC) has completed ten times as many trades as Ethereum (ETH), the most since its debut in 2020. According to Nansen, a blockchain analytics firm, BSC’s soaring statistics may be linked to whale investors, referencing active addresses on the Binance blockchain. Liquidity providers for DeFi protocols, who have benefited by more than   Read more...

Following its collaboration with digital payments platform Flexa, El Salvador’s biggest financial organization, Bancoagrcola, is poised to expand the country’s Bitcoin usage guideline. Flexa said on Thursday that Bancoagrcola has signed an agreement with the cryptocurrency payment platform to allow Bitcoin (BTC) transactions for the bank’s clients, comprising retail and merchant clientele. Customers of Bancoagrcola   Read more...