Coins

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown

May 16th, 2022

The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create the conditions for issuers and service providers to operate and grow in the U.K., whilst ensuring financial stability and high regulatory standards,” said an HM Treasury spokesperson. Regulation of Stablecoins in the…

Onecoin ‘Crypto Queen’ Ruja Ignatova Listed Among Europe’s Most Wanted

May 13th, 2022

Ruja Ignatova, mastermind of the notorious pyramid Onecoin, is now one of Europe’s most wanted fugitives. Also known as the “Crypto Queen,” she disappeared almost five years ago, after the Ponzi scheme she led collected billions of dollars from defrauded investors around the world. Europol Seeks Information on Onecoin Inventor’s Whereabouts The European Union Agency…

Ukraine’s New Fundraising Platform Accepts Crypto, Allows Donors to Allocate Funds

May 11th, 2022

United24, a new fundraising platform announced recently by Ukrainian President Volodymyr Zelenskyy, accepts a number of cryptocurrencies, alongside traditional payment methods. The initiative also permits donors to choose how their money will be spent. Kyiv Launches New Platform for Donations Amid Ongoing War With Russia Ukraine, which has been increasingly relying on foreign donations to…

India Considers Imposing 28 percent GST on All Crypto Transactions

May 10th, 2022

The Indian government is reportedly considering imposing a 28% goods and services tax (GST) on all crypto transactions. “Currently tax is levied only on the part of the services provided by crypto exchanges. Subjecting the whole transaction to tax at a higher slab of 28% could give the markets a free fall,” one tax expert…

Finder’s Experts Predict Ethereum Price Reaching $5,783 This Year and $23,372 by 2030

May 3rd, 2022

A panel of crypto industry experts has predicted that the price of ether will reach $5,783 this year, before rising to $11,764 by 2025 and $23,372 by 2030. Most of the experts on the panel are bullish on ether, with 61% saying now is the time to buy and a further 32% saying you should…

Elon Musk, Mark Cuban Discuss Using Dogecoin to Solve Twitter Spam Problem

May 2nd, 2022

Shark Tank star Mark Cuban has come up with a way to solve Twitter’s spam problem using the meme cryptocurrency dogecoin (DOGE). Tesla and Spacex CEO Elon Musk agrees that it is “not a bad idea.” Twitter recently accepted Musk’s buyout offer. Elon Musk Optimistic About Mark Cuban’s Dogecoin Idea Tesla CEO Elon Musk has…

Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’

April 26th, 2022

Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with data provided by TRM Labs, a blockchain analysis firm that focuses on…

Binance Limits Services to Russian Users to Comply With EU Sanctions

April 22nd, 2022

Following the latest round of EU restrictions against Russia, digital asset exchange Binance is limiting services to Russian clients. The company pledged to lead the industry in implementing the sanctions and urged all major trading platforms to follow. Crypto Exchange Binance Cuts Services to Russian Accounts in Accordance With EU Penalties Binance, the world’s leading…

Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu

April 19th, 2022

Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution, and crypto-asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.” Robinhood Acquiring Regulated Crypto Firm Ziglu Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an agreement to…

Ripio Announces Expansion to Colombia in Next Months

April 14th, 2022

Ripio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will crystallize in the following two months with the opening of…