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Blockchain
Silvergate Bank Voluntary Liquidation Sparks Controversy in Crypto Industry
The voluntary liquidation of Silvergate Bank, a crypto-friendly bank, has caused a stir in the crypto industry, with many sharing their thoughts about the bank’s…
SWIFT Enters The Second Phase CBDC Test, Includes Trade Settlements
Last updated Mar 10, 2023
The giant banking network SWIFT aims to introduce more CBDC payment settlements cases with the help of CBDC in near future.At…
FTX Founder’s Lawyers Consider Delaying Criminal Trial
Lawyers representing Sam Bankman-Fried, the founder of FTX, have suggested that they may need to delay his criminal trial due to a lack of evidence from the DOJ. In…
Biden’s Budget Proposal Includes Crackdown on Crypto Wash Sales and Doubling of…
President Joe Biden's upcoming budget proposal includes a few surprises for crypto traders and investors, as it seeks to raise around $24 billion through changes to…
India Implements AML Standards on Crypto
In a move that is not entirely surprising, the Indian government has implemented anti-money laundering (AML) standards on crypto. The Ministry of Finance published…
$1 Billion Worth of Bitcoin Moved from US Law Enforcement Seized Wallets
In March 2023, over 50,000 Bitcoin (BTC) worth $1 billion were moved from multiple wallets connected to US law enforcement seizures. The transfers included three…
US Crypto Holders Trust Banks and Exchanges for Custody
A recent survey conducted by Paxos has shown that American crypto holders still trust intermediaries such as banks, crypto exchanges, and mobile payment apps to…
The FCA is Planning to Clamp Down on Unregistered Crypto-ATM’s in the UK –…
Katharine Wooller, Business Unit Director at Coincover Thinks the FCA is taking an incouraging step. She feels that the UK’s approach to regulation has been…
Utah Passes Law Recognizing Decentralized Autonomous Organizations
The Utah State Legislature has approved a new law, the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to…
Argo Blockchain Increases Daily Bitcoin Production Despite Network Difficulty Spike
Publicly-listed Bitcoin (BTC) mining firm Argo Blockchain has reported an increase in its daily Bitcoin production for the month of February, despite a significant…