Archived Posts

New law in Germany has been adopted, permitting more than 4,000 institutional investment firms to invest billions in cryptocurrency assets. A legislation that goes into effect on Monday would allow so-called Spezialfonds (special funds) with pre-determined investing guidelines to invest in digital assets. Companies would be permitted to invest up to 20% of their capital   Read more...

PayPal received a restricted BitLicense from the New York State Department of Financial Services in 2020, allowing it to sell crypto related services in New York in collaboration with Paxos. While the program is being rolled out to more nations, the online payment processor has permitted US customers to buy, trade, and store Bitcoin on   Read more...

Malaysia is the newest jurisdiction to go after Binance, with officials accusing the major exchange of conducting business unlawfully in the country. The Securities Commission (SC) Malaysia has issued a public warning against Binance, ordering the crypto exchange and all of its subsidiaries to halt operations in the nation, as per a statement made on   Read more...

With its current cooperation with Harvest Finance, the Polygon platform is expanding its DeFi and yield farming capabilities. Harvest Finance, among the first yield farming aggregators, will also be permitted to use the Polygon network to implement farming techniques. This advancement will help users by lowering entrance constraints. Decentralized finance (DeFi), in particular, is a   Read more...

As per Crypto.com’s newest study, the international market for crypto users has grown by over 100% in the first half of 2021. According to the research, the worldwide crypto industry now has 221 million users. Crypto.com evaluated on-chain statistics with other variables when preparing the conclusion. The study drew on statistics from 24 major cryptocurrency   Read more...

For the foremost time since China clamped down on cryptocurrency mining operations, Bitcoin’s mining complexity is expected to rise. The rapid development of mining operations in North America, as per industry experts, will exacerbate the difficulties adjusting. Furthermore, the flight of Chinese miners has a part, since the miners currently function via offshore hosting sites.   Read more...

Cronos, the Ethereum Virtual Machine (EVM) chain that runs alongside the Crypto.org Chain, has made an announcement. Cronos will shortly embed Chainlink Price Feeds to give DeFi applications with independent financial market info. Cronos coders will have privy to authentic and dependable decentralized pricing oracles thanks to this suggested oracle service. Sophisticated DEXes, financial derivatives,   Read more...

PayPal, the renowned payment processing firm, has stated that its consumers may not even have to wait too long for further crypto focused features on its platform. CEO Dan Schulman claimed today on PayPal’s Q2 2021 investor call that the debut variant of the firm’s super app wallet was “code complete.” PayPal’s president revealed that   Read more...

Binance has encountered regulatory challenges in a number of countries, including the United Kingdom, in recent times. To implement the safe trading initiative, the exchange has announced a plan to decrease the maximum leverage ceiling to 20X as key component of its attempt to set things correctly. The implementation of Know-Your-Customer (KYC) rules, which has   Read more...