Dubai Police partnered with a cryptocurrency trading platform to curb crypto frauds, as per local reports. The collaboration aimed to educate investors and traders more about the sector. As per local reports, Ola Doudin, CEO of Crypto exchange BitOasis said, “We have been working with key policymakers to help them build regulation that will makeContinue reading “Dubai Police partners with crypto exchange to combat frauds”

In a recent interview, BlockFi co-founder Flori Marquez commented on institutional investment in cryptocurrencies. She said that a lot of companies were offering crypto-focused financial products and further opined, “I think that the main question right now is should financial products that operate in crypto be treated differently than other financial products.” In this context,Continue reading “This is a ‘really positive move’ for the crypto-industry”

The Uzbekistan government has been working towards stopping crypto exchanges from operating without authorization in the country. In a recent circular, the regulatory agencies identified half a dozen exchanges which “offer citizens to exchange, sell or purchase crypto-assets.” Regulators alleged that the exchanges were providing services without being based or registered in the country. TheContinue reading “Uzbekistan puts a curb on unlicensed crypto-exchanges, urges citizens to be vigilant”

Global investment manager VanEck had filed for a Bitcoin ETF back in December 2020. However, a decision is yet to be taken by the United States SEC, with the agency still sitting on many other ETF applications too. During a recent discussion, CEO Jan van Eck seemed hopeful that VanEck’s ETF application will get approvalContinue reading “Will the SEC postpone a decision on crypto-ETFs once again”

As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling over postponing the tax code until 1 January 2023. Noh Woong-rae, a member of the ruling Democratic Party, had stated that theContinue reading “No deferral on taxation law, South Korea to tax crypto gains 2022 onwards”

It is no news that MicroStrategy holds around 0.5% of the Bitcoin supply. Now, one would think that percentage would satisfy the firm’s bullishness on BTC. Alas, apparently not. In fact, CEO Saylor has often been upfront about MicroStrategy wanting to buy more BTC. What’s more, he has also made it clear that he isContinue reading “Bitcoin is the ‘best property,’ and here is MicroStrategy’s plan for it”

The Bank for International Settlements, in its September report, has said private digital assets could co-exist with potential digital currencies operated by central banks. The report follows China’s policy ban on private cryptos – A interesting update since it is the frontrunner in CBDC trials and pilot launches. The report stated, “Central banks should beContinue reading “BIS study hints at public-private partnership to manage digital assets”

Thanks to Dogecoin’s birth as a meme-coin, there are many who don’t take it very seriously. While price performances over the past few months have blown hot and cold, wider adoption is still a long way away. That hasn’t stopped people from making recommendations, however. Co-founder of Dogecoin Billy Markus recently took to Twitter toContinue reading “DOGE-ETH bridge & NFT platforms – Two things this exec thinks Dogecoin needs”

DBS Vickers, the venture arm of DBS Bank, has been granted a crypto-license from the Monetary Authority of Singapore (MAS). Additionally, the Australian cryptocurrency exchange Independent Reserve became the first foreign business to receive licensing approval. The licenses will now allow the businesses to provide digital payment token (DPT) services. It is reported that closeContinue reading “Singapore: Did the MAS open the floodgates with latest round of crypto-licenses”

The director of Tehran’s stock exchange, Ali Sahraee, reportedly announced his resignation after cryptocurrency mining machines were discovered at the TSE’s headquarters. However, some local reports claimed that he was fired following a police crackdown. The board of directors at the exchange had initially confirmed that several machines were installed last year “for research purposes.”Continue reading “Illegal crypto mining equipment found in Tehran stock exchange basement”

Tether recently mentioned on its website that a New York District Court dismissed half of the class action plaintiffs’ claims against it. Along with that, crypto exchange Bitfinex has been granted relief on many of the claims in the class action. However, as per reports, the federal court will continue to pursue claims around allegedContinue reading “Tether, Bitfinex granted partial relief in class action lawsuit”

By and large, Bitcoin has been highly popular asset this year, with around 8 out of 10 investors bullish for the coin in the upcoming quarter. However, is it noteworthy that some traditional stocks have outperformed Bitcoin this year.  As per data compiled by CryptoParrot, stocks like Moderna and Goldman Sachs have recorded higher returns onContinue reading “With higher year-to-date returns in 2021, these stocks beat Bitcoin to it”