Australia's new government, led by Prime Minister Anthony Albanese since May 23, will begin a review of how cryptocurrency assets are managed, with a view toward keeping practices up to date and protecting consumers, Australian Treasurer Jim Chalmers said in a statement released on Monday: "Australians are experiencing a digital revolution across all sectors of […]

South Korea is ready to block domestic access to foreign cryptocurrency exchanges with no proper registration to operate in the country and could launch a probe into the companies. An intelligence unit of the Financial Services Commission has reported 16 foreign crypto businesses to the nation’s investigative body and asked other agencies to block access […]

RUSSIA - A Russian central bank digital currency (CBDC) could be implemented soon; commercial banks in the country are being advised to prepare to handle a digital ruble within the next two years. According to a document dated August 11 and issued by the Bank of Russia – the country’s central bank – a digital version of […]

AUSTRALIA - The financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors. Its Chief Joe Longo has raised the alarm over the sheer amount of people that invested in “unregulated, volatile” crypto assets during the pandemic. After a research conducted […]

Soon after the official announcement from USD Coin (USDC) issuer Circle Pay, stablecoin giant Tether has officially confirmed its support behind Ethereum’s upcoming Merge upgrade and switch to a proof-of-stake (PoS) consensus mechanism-based blockchain. In a Tuesday statement, Tether identified the Merge as one of the “most significant moments in blockchain history” and outlined that it will […]

Digital currency platform Crypto.com reveals acquisitions in South Korea, pushing ahead with expansion in a bet that digital-asset markets will recover from this year's rout. The company declared it had acquired South Korean payment service provider PnLink and virtual-asset exchange OK-BIT, securing registrations under the nation's Electronic Financial Transaction Act and as a virtual-asset service […]

FLOW increased its gains to more than 50%: 51.05% in the past 7 days and 50.81 in the last 24 hours. Bitcoin value is facing resistance close to USD 23,500. Ethereum might rally if it clears USD 1,680, XRP is a check of USD 0.40. BTC After a minor decline, the worth of bitcoin was […]

A new digital attack has occurred in the crypto sphere: Solana, the well known blockchain popular for its speedy transactions, has been hit by a significant hack attack which has affected only “hot” wallets or wallets always connected to the Internet, allowing people to store and send tokens easily.  Crypto analyst @0xfoobar confirmed that “the attacker is […]

Despite of loss signs of the recent weeks July closed up with Bitcoin up to almost 17%, but analysts are now focused on how long the bullish trend can last. In recent week BTC seemed to suffer even harder on the back of June’s 40% loss. The question among the analysts is now if and […]