PROVIDENCE, R.I. – Ocean State Controlled Botanicals (OSBC) has launched Hangar 420, its cannabis innovation, production, and distribution facility in Warwick, Rhode Island. The first of its kind in Rhode […]
Cannabis is having a moment, and celebrity weed-enthusiast Cheech Marin, of ‘Cheech & Chong’ fame is taking full advantage. Marin has teamed up with award-winning chef Zach Neil to launch […]
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), is seriously mulling over how to properly regulate stablecoins. The HKMA thinks that while stablecoins still pose a risk to financial stability, they have potential to be incorporated into the market. The Hong Kong Monetary Authority thinks stablecoins have potential In a discussion paper that
Solana is one of the crypto giants contributing $47 billion to the crypto market. The currency came into existence in 2020 and has been on an upward spiral ever since. Bank of America states that Solana could shortly become the ‘visa of crypto. Coin Telegraph reports that Bank of America will acquire Ethereum’s market profit
Binance, the global leader in crypto trading volume, has successfully registered new corporate entities in Calgary, a city in the province of Alberta Canada according to a local report. The report adds that Binance also completed two high-profile hires to push its regulatory compliance move. Binance cementing its regulatory compliance in Canada with incorporation and
Coinbase, the US’s biggest cryptocurrency exchange by trading volume, has announced the acquisition of FairX, a US registered futures exchange. The move will see Coinbase finally filling the gap in its portfolio offering with a move into crypto derivatives. Coinbase looking to capitalize on the crypto derivatives market with acquisition of FairX Coinbase exchange is
The International Monetary Fund (IMF) admonitions the connection between cryptocurrency and financial markets, which posits risks to the financial system, reports Outlook. The international body presents a report saying, “digital assets no longer form the edge of the financial system. Eying on their high volatility & the enhancing association between cryptocurrencies, the stocks are seen
Shiba Inu fans have some good tidings, which shows some positive gains after its listing on Bitso Mexico’s biggest cryptocurrency exchange. However, if the meme-based crypto coin can maintain its momentum or be a repeat story of its listing in Kraken, it needs to be seen. Coindesk reported that Shiba Inu (SHIB) jumped 16% on
The U.S. released its inflation data on Wednesday, January 12, but this doesn’t seem to dampen the sentiment for Bitcoin investors as of now. Bitcoin is trading in the green zone as of press time at price levels above $43,700. Whether Bitcoin remains a buy or a sell at this stage remains a big question
On Wednesday, January 12, the United States has reported the highest inflation at 7% in over four decades since 1982. Well, this doesn’t seem to have a greater impact on the Bitcoin price as it continues to trade above $43,500 moving further away from the death cross. As of press time, Bitcoin is trading 2.45%
Cryptocurrencies are beginning to receive a warm reception among Swiss banking institutions. According to a survey, more than half of banks in Switzerland are considering offering crypto investment services to their clients within the next three years. Majority of Swiss banks plan to offer crypto investment products to clients A survey conducted by Swiss firm
Amid the current economic situation in the country, and coupled with the fact that Turkey’s fiat currency — the lira has not stopped depreciating in recent weeks, a vast majority of Turks have now found a safe haven in cryptocurrencies (especially Bitcoin and Tether). Turkey Chooses Crypto Over Lira As is common with most developing
