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12.05.2024

The Central Bank of Rwanda has presented a project to create an infrastructure for digital currency transactions

The Central Bank of Rwanda is preparing to issue a digital currency (CBDC) to modernize the financial system and increase the accessibility of banking services. The regulator has presented a project to create an infrastructure for token transactions and plans to amend legislation to expand its powers in the sphere of control over the financial system.

10.05.2024

Christopher Giancarlo: Digital Currencies Must Guarantee the Right to Financial Freedom

Former CFTC Chair Christopher Giancarlo advocates for ensuring financial freedom in the era of digital currencies. He believes that CBDCs and stablecoins should guarantee the right to freely manage funds, following the principle of freedom that underlies the foundation of the internet. Giancarlo emphasizes the need for a balance between regulation and freedom in the cryptocurrency sphere to foster innovation and protect user rights.

05.05.2024

Bitcoin has broken through the $64,000 mark: can the cryptocurrency remain at a new level?

Bitcoin surpassed the $64,000 mark, but analysts doubt its ability to hold at the new level. Altcoins are regaining their positions; however, pressure from macroeconomic factors and the Federal Reserve's decision to maintain a high interest rate weaken the attractiveness of the cryptosphere.

05.05.2024

Financial Triumph for Coinbase: Q1 2024 Results Surpass Analysts' Expectations

Crypto exchange Coinbase reported impressive financial results in the first quarter of 2024, surpassing analysts' forecasts. Revenue reached $1.58 billion, while net profit soared to $1.17 billion. The number of mobile app downloads and trading volumes are on the rise. Coinbase's stock has grown by 30% since the beginning of the year, reflecting strengthening investor confidence.

27.04.2024

The developers of Phoenix Wallet and Wasabi Wallet announced the cessation of work in the USA

Cryptocurrency wallets Phoenix Wallet and Wasabi Wallet are leaving the US market due to tightening regulation. Authorities may equate non-custodial wallets with financial services. Users were given time to withdraw funds.

25.04.2024

Binance at risk of losing users in the Philippines

The Philippine Securities and Exchange Commission (SEC) is demanding that Google and Apple remove the mobile application of the cryptocurrency exchange Binance due to its lack of a license and the offering of unregistered securities. Find out how this may affect Binance's Filipino users.

21.04.2024

Fourth Bitcoin halving: record prices

On April 20, 2024, the fourth Bitcoin halving took place, resulting in a 50% reduction in the reward for mining new blocks. For the first time in history, the price of BTC reached a record high of $73,000 even before the halving, driven by high demand from American exchange-traded funds (ETFs). Find out how the halving affects the cryptocurrency market and what makes the 2024 halving unique.

20.04.2024

Kraken acquires TradeStation Crypto to strengthen its position in the US market

Crypto exchange Kraken has acquired broker TradeStation Crypto to expand its presence in the US. The deal opens up new opportunities for growth and launching innovative products, despite regulatory challenges in the industry.

14.04.2024

Bitcoin shows record price fluctuations in April

According to Kaiko data, Bitcoin (BTC) reached its highest volatility since November 2022 in April, strengthening to $70,711. Despite fluctuations and sell-offs, support from large market players helped BTC surpass the $70,000 mark. The SOPR index indicates the profitability of Bitcoin sell transactions, but some analysts do not rule out a market decline after the halving.

13.04.2024

Matrixport predicts $25 billion inflow into Bitcoin ETF

Matrixport analysts predict that demand for Bitcoin ETFs in Hong Kong from Chinese investors could reach $25 billion. The weakening yuan and the Southbound Stock Connect program are stimulating interest in cryptocurrencies as a way to diversify assets. The launch of a Bitcoin ETF will provide legal access to cryptocurrencies for qualified investors from China.

New KYC Rules in India: Crypto Exchanges Tighten Scrutiny

India's Financial Intelligence Unit is tightening KYC and AML regulations for crypto exchanges: users are required to undergo real-time selfie verification, verify bank accounts, and provide geolocation data. The new measures are aimed at combating money laundering, deepfakes, and tax evasion in the crypto market.

09.01.2026