Swiping your phone to pay for a latte with Bitcoin might make you feel like a futuristic barista whisperer, but try closing on a luxury condo with that same wallet, and you’ll immediately see the cracks. While crypto’s buying you plenty of cappuccinos, snagging a six-bedroom villa or a brand-new sports car isn’t exactly a…
Europe’s Markets in Crypto-Assets Regulation (MiCA) is being hailed as a significant step forward for the cryptocurrency industry despite concerns about potential overregulation during its initial rollout. MiCA is the world’s first comprehensive regulatory crypto framework, which went into full effect for crypto-asset service providers on Dec. 30. While concerns regarding regulatory overreach persist, the…
Singapore is becoming a key destination for Web3 companies after it issued twice as many crypto licenses in 2024 as in the previous year. Singapore may emerge as the next major cryptocurrency hub in Asia thanks to its innovation-friendly regulatory regime, according to William Croisettier, chief growth officer of ZKcandy. He told Cointelegraph: “The country…
Ether exchange-traded funds (ETFs) hit a new monthly record in December despite the holiday illiquidity, bolstering analyst expectations of an incoming rally. The United States spot Ether exchange-traded funds (ETFs) reached a new monthly record, surpassing $2.1 billion worth of cumulative net inflows during December. December’s $2.1 billion worth of inflows is nearly double that…
Turkey introduced new cryptocurrency regulations during the final week of 2024, inspired by positive regulatory developments in the world’s major jurisdictions, including Europe. Under the new regime, users executing transactions of more than 15,000 Turkish lira ($425) will be required to share their identifying information with the country’s crypto service providers, according to a Dec….
Ether may be poised for a breakout, bolstered by the Ethereum exchange-traded funds (ETFs) surpassing the $2.5 billion milestone. The United States spot Ether ETFs surpassed $2.5 billion worth of total inflows on Dec. 24, when the ETFs received $53 million in cumulative net inflows, Farside Investors data shows. Despite the positive ETF inflows, Ether’s price…