Breaking crypto news from the last week (Jan. 15 – 21, 2022): Jan. 15: Arab Bank Switzerland, the Geneva-based affiliate of Middle Eastern lender Arab Bank PLC, has extended its crypto offerings focused on wealthy investors. It includes ten major decentralized finance (DeFi) tokens, such as AAVE, COMP, UNI, and more. Jan. 16: American retail…
496 ViewsBreaking crypto news from the last week (Jan. 8 – 14, 2022): Jan. 8: As Turkey’s economy remains in turmoil, with inflation rising to 36%, its currency has lost 44% of its value against the US dollar since this time last year. Meantime, the use of stablecoins in Turkey has skyrocketed, and today, 28.96% of…
483 ViewsBreaking crypto news from the last week (Jan. 1 – 7, 2022): Jan. 1: In India, the director-general GST Intelligence (DGGI) searched around half a dozen offices of cryptocurrency service providers following the 700 million rupees tax evasion from cryptocurrency trade. A local media report has confirmed that major Indian cryptocurrency service providers are…
2,221 ViewsBreaking crypto news from the last week (Dec. 25 – 31, 2021): Dec. 25: During the 2021 Paris Auction House event, Vodafone sold the world’s first SMS as an NFT for €132,680 (or $149,729). Vodafone proceeded the entire amount for charity to support the UN Refugee Agency (UNHCR). Dec. 26: Simba Storage, the…
660 ViewsBreaking crypto news from the last week (Dec. 18 – 24, 2021): Dec. 18: The Central Bank of Russia (CBR) has again taken an antagonistic stance against crypto, citing crypto’s inherent volatility and illegal use as a key reason for their conservative position. Sources said the CBR’s current stance on cryptocurrency is one of “complete…
455 ViewsBreaking crypto news from the last week (21 – 27 Aug.2021): 21 Aug.: World’s biggest cryptocurrency exchange Binance is rolling out immediate verification requirements for all its users in support of its expanded know-your-customer (KYC) and anti-money-laundering (AML) policy. Binance will limit services for existing users unless they adhere to the new requirements. 22 Aug.:…
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