Crypto ‘more closely resembles gambling than a financial service’, Treasury committee warns government May 17, 2023 An influential group of lawmakers has argued that consumer cryptocurrencies should be treated like gambling in the government’s upcoming crypto regulations. In a new report on the crypto sector, MPs on the Treasury Select Committee concluded that retail trading in unbacked crypto “more closely resembles gambling than a financial service”. The MPs noted that the [...]
EU approves new set of MiCA rules for cryptocurrency May 16, 2023 A slew of new rules to govern the use of cryptocurrency and digital assets throughout the European union have been approved.
New investors appear to be accelerating growth in ETF market May 16, 2023 New data shows a wave of exchange-traded fund (ETF) adoption from the next generation of European investors.
Why Shapella looks like a game changer for Ethereum May 15, 2023 Dr Sreejith Das, CEO and co-founder of Attestant, explains why he believes Ethereum's Shapella upgrade is an important crypto milestone.
Binance pulls out of Canada as CZ continues to plot a course towards UK May 13, 2023 Crypto giant Binance has pulled the plug on its presence in Canada, citing the country's new legislation over investment limits and stablecoins.
Do Kwon released on bail May 12, 2023 Terraform Labs mastermind Do Kwon has been released on €400,000 bail as he awaits trial in Montenegro.
Floki serves up a partnership deal with World Table Tennis May 12, 2023 Rising cryptocurrency star Floki has announced a strategic partnership with World Table Tennis (WTT) ahead of the world championships.
Crypto venture capital backing tumbles again as market ‘winter’ spooks investors May 12, 2023 The amount of cash invested into crypto companies globally tumbled sharply again in the first quarter of the year as investors continue to flee the market amid a deep ‘crypto winter’, new data has revealed.
Tech philanthropy looking to bring about world peace May 12, 2023 Bundeep Singh Rangar discusses his love of technology and crypto, and how it intertwines with his beliefs in human kindness.
Xapo Bank expands stablecoin payment rails to accommodate Tether May 11, 2023 Private bank Xapo has become the first bank in the world to integrate stablecoin Tether (USDT) payment rails.