Brazil, the largest South American country, is joining the first movers to regulate cryptocurrencies. The Brazillian senate has passed a bill to regulate cryptocurrencies in the country on April 27. The bill yet must first be passed by the Chamber of Deputies before President Jair Bolsonaro signs it into law. The bill aims at creating…

Standard Chartered, one of the biggest banks in the UK, announced on Monday it had partnered with The Sandbox to develop a Metaverse for its banking clients and supporters. The virtual land grab will allow the bank to engage clients and fans in a creative environment. Standard Chartered Bank has become the latest major bank…

Crypto trading platform Coinbase continues to have a “bull thesis” even amid a crypto market sell-off, Owen Lau, Oppenheimer executive director and senior analyst, says. He believes “this is a great entry point for investors.” “The bull thesis is the long-term crypto adoption,” Lau said on Yahoo Finance Live. “That’s number one thing the market…

A few days ago, ApeCoin (APE), the new crypto asset dedicated to the Bored Ape Yacht Club community (BAYC), tapped an all-time high of $17.30, and the crypto asset is now the 32nd largest in terms of market capitalization among 13,691 other cryptocurrencies. It has climbed more than 50% against the US dollar in two…

Dogecoin (DOGE) surged more than 17% Monday, following several reports that said Twitter is poised to accept Elon Musk’s $43 billion bid, with the potential for the two parties to finalize a deal very soon. Dogecoin supporters are hoping that Musk could boost its usage after taking over the social media platform. The meme token…

Kraken has become the first crypto exchange to be granted a license to operate a regulated digital assets platform in Abu Dhabi, as the Middle East becomes a focus for the crypto industry. The exchange will allow its users to invest, trade, and withdraw virtual assets directly in the United Arab Emirates dirhams (AED). US…