US lawmaker proposes safe harbor for digital tokens in new bill
The “Clarity for Digital Tokens Act of 2021” bill seemingly builds on an initiative from SEC commissioner Hester Peirce, who has called for creating a safe harbor for projects that…
America’s fifth-largest bank launches crypto custody service — report
U.S. Bank is now providing custody services for Bitcoin, Bitcoin Cash and Litecoin, according to a company executive. U.S. Bank, the fifth-largest retail bank in the United States, announced Tuesday…
MetaMask pushes institutional offering with BitGo integration
The rise of crypto custody continues as more institutional investors seek exposure to Bitcoin, Ether and decentralized finance. Decentralized finance (DeFi) wallet and browser extension MetaMask has partnered with three…
Arab Bank has chosen Tezos to facilitate institutional custody service
The Switzerland firm is an independent sister company of Arab Bank plc. Arab Bank Switzerland announced Tuesday that it will integrate staking, trading, and custody services onto the Tezos blockchain’s…
What it’s like when the banks collapse: Iceland 2008 firsthand
Many Bitcoiners look forward to the day in the future when the banking system collapses and hyper-Bitcoinization occurs. But Jared Bibler an American who experienced the most dramatic banking and…
What Does China’s Crypto Ban Mean for the Rest of the World?
China declared all transactions related to cryptocurrency and virtual currency illegal last month, causing widespread commotion in the crypto industry. On September 24, the People’s Bank of China and the…
Bitcoin Will Become Currency in Brazil Soon, According to Federal Deputy Aureo Ribeiro
Aureo Ribeiro, a federal deputy in Brazil, stated that bitcoin might become a recognized currency in Brazil soon, during an interview with local media. The politician stated that Brazilians may…
Blockchain Game Launchpad Partners With Enjin for Accelerated Ecosystem Development
PRESS RELEASE. SINGAPORE — EnjinStarter, a launchpad for blockchain games, has announced a strategic partnership with Enjin to accelerate growth of the Enjin ecosystem. EnjinStarter helps games and apps leverage…
Tanzania Central Bank Heeding Call to Prepare for Crypto, Economists Express Reservations
While the Bank of Tanzania (BOT) executives continue to reiterate the central bank’s willingness to heed the government’s call to prepare for cryptocurrencies, some economists insist Tanzania lacks the resources…
Nigerian Court Paves Way for CBDC Rollout, Suggests ‘Plaintiff May Be Adequately Compensated’
The Nigerian High Court that is presiding over the e-naira trademark infringement case brought against the Central Bank of Nigeria (CBN), has ruled that Central Bank Digital Currency (CBDC) “may…
$50K Bitcoin is ‘ultimate bear trap,’ says analyst as BTC price struggles for key level
Bears betting on a fresh Bitcoin price capitulation may get definitively burned this time, argues Rekt Capital. Bitcoin (BTC) may be battling for $50,000, but its latest move could prove…
Sentenced ‘Bitcoin czar’ named among Pandora Papers
The ICIJ’s report suggests the “Bitcoin czar” may have been a member of the Carbanak hacking group. The International Consortium of Investigative Journalists (ICIJ) has identified a major crypto criminal…
CoinMarketCap to integrate crypto price data into Presearch
Presearch is a default search engine on all new and factory-reset Android devices sold in the U.K. and Europe. Crypto data provider CoinMarketCap continues expanding its reach by integrating its…
Likes out: Facebook blackout sparks ideas for Web 3.0
Crypto advocates remind socially accountable and helpful media platforms are possible with decentralization. Facebook’s conglomerate of social applications, including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered…
Hong Kong Monetary Authority (HKMA) Issues First Whitepaper on CBDC Development
The Hong Kong Monetary Authority (HKMA) has issued the first technical whitepaper addressing its retail central bank digital currency (CBDC). The whitepaper revolves around the features of the e-HKD. The…