Hungarian National Bank Governor György Matolcsy said, “I perfectly agree with the proposal,” in response to Russia’s central bank initially proposing a ban on cryptocurrency trading and mining last month. He emphasized a unified EU approach for dealing with cryptocurrencies’ financial risks. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build […]
Valliance Bank has selected Intercontinental Exchange’s subsidiary Bakkt Holdings, Inc, a digital assets company, as it looks to offer its retail customers access to cryptocurrency. Bakkt announced that Valliance Bank would provide its bank customers with access to Bitcoin and Ethereum through the bank’s mobile app. Valliance Bank will make cryptocurrency access simple and approachable […]
Polygon in recent times had shown a notable strength and displayed the possibilities of attaining $2 levels at the earliest. Woefully, the asset took a serious u-turn and reversed the trend finely. Currently after hitting the monthly highs above $2, quickly flipped and maintained a serious descending trend. The constant lower highs and lows which …
Singapore-based lender DBS (SGX: D05) is considering to expand its digital asset trading facility to retail customers by the end of this year, the CEO revealed on Monday in an earnings call. Currently, the crypto services of the bank are only limited to institutional clients. “We are starting the initial work to expand it beyond […]
Crpto Exchanges Compete in Super Bowl Debut | Uber Will Eventually Accept Crypto Payments, CEO Says | Cardano USD Monthly Volumes Nearly Quadrupled in January
The UK’s tax body seized three non-fungible tokens (NFTs) and arrested three people on suspicion of attempting to defraud it of £1.4 million. This is a first for British authorities in the policing of digital assets, Telegraph reported. HM Revenue and Customs (HMRC) said the move was part of a probe into a suspected Value […]
The overall crypto space is yet again plunging into a descending trend squeezing the global market cap by nearly 1.91%. Most of the cryptos maintained a notable descending trend throughout the past weekend. Currently, the Bitcoin price is attempting to recover the gains from the lows around $41,600. However, the asset underwent a minute flip …
The International Monetary Fund has said that central bank digital currencies (CBDCs) like eNaira are better options than cryptocurrencies, including Bitcoins and other altcoins. In a new statement, IMF managing director Kristalina Georgieva says that CBDCs are gaining momentum after moving from theoretical to practical explorations. Georgieva stated, “In order to become familiar with the bits […]
Crypto exchange FTX’s latest advertisement featured Curb Your Enthusiasm creator and star Larry David. The ad ran for the first time during Super Bowl 56, which took place on Sunday, February 13, 2022. The ad is designed to convert skeptics over to cryptocurrency acceptance and to grow the digital currency ecosystem. FTX’s 60-second spot, to […]