Bitcoin ETF approval opens $1.7 trillion crypto door for Wall Street

In a landmark case that was more than a decade in the making, the SEC has approved the first round of exchange traded products that can directly hold the world’s biggest cryptocurrency. Bitcoin prices topped $48,000 Thursday, marking the highest … Read More

Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges

The world’s largest crypto exchange was sued by SEC on Monday, alleging multiple securities law violations. Cryptocurrency traders are withdrawing funds from crypto exchange Binance as the U.S. Securities and Exchange Commission (SEC) sued the company and its CEO Changpeng … Read More

Unicoin: The Revolutionary New Legal Tender CBDC Unveiled at the IMF Spring Meetings 2023

The Digital Currency Monetary Authority (DCMA) made an exciting announcement during the International Monetary Fund (IMF) Spring Meetings 2023: the launch of the Universal Monetary Unit (UMU), a global legal tender settlement CBDC that is symbolized by the ANSI Character … Read More

Russian crypto billionaire dies in ‘freak’ helicopter crash as ‘other passenger cancels’

Vyacheslav Taran, who founded Forex Club and Libertex, died in a mysterious helicopter crash in Monaco as it’s reported another unidentified passenger was due to join him but cancelled last minute A respected Russian financier based in Monaco who died … Read More

The cryptocurrency revolution: How Europe could take the lead in the ‘money of the future’

By becoming the first region to introduce coordinated regulation over cryptocurrencies, the EU hopes to attract a market worth almost $350 billion spread across over 6,000 digital currencies. Cryptocurrencies, such as Bitcoin and Facebook’s digital currency Libra, may herald the … Read More

German Finance Minister Says Gov’t Must Reject Facebook’s Libra Coin

posted in: Germany, News

German Finance Minister Olaf Scholz stated that policymakers cannot accept parallel currencies such as Facebook’s proposed Libra stablecoin. Prevent stablecoins from becoming alternative currencies As reported by Reuters, on Sept. 17, German Vice-Chancellor and Finance Minister Olaf Scholz said during a … Read More

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

posted in: World News

Venezuela’s President Nicolas Maduro ordered the country’s leading bank, Banco de Venezuela, to accept the nation’s cryptocurrency, the Petro (PTR) at all of its branches, the country’s Finance Ministry tweeted on July 4. According to the tweet, Maduro gave “the express order to open Petro desks in … Read More