Cryptocurrency Market

  • Market Cap: $2,404,609,410,019.67
  • 24h Vol: $55,478,542,091.54
  • BTC Dominance: 56.53%

Cryptocurrencies

‘prohibitive’-capital-rules-for-banks-holding-crypto-win-support-in-eu-parliament

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of […]

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binance-processed-$346-million-for-crypto-exchange-bitzlato,-report-claims

Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims

Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among Russian-owned Bitzlato’s major counterparties. Blockchain Data Indicates Binance Moved Over 20,000 BTC for Bitzlato

Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims Read More »

bitzlato-executives-arrested-in-europe,-exchange-laundered-e1-billion,-europol-says

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says

European law enforcement authorities have detained four more members of the executive team of crypto exchange Bitzlato, Europol announced. According to the police agency, nearly half of the funds processed through the platform were associated with various criminal activities. Bitzlato Senior Management Targeted in Europe, Exchange Infrastructure Dismantled High-ranking executives of the recently busted Bitzlato

Bitzlato Executives Arrested in Europe, Exchange Laundered €1 Billion, Europol Says Read More »

all-eyes-on-the-next-fed-meeting:-market-trajectories-hinge-on-decision

All Eyes on the Next Fed Meeting: Market Trajectories Hinge on Decision

Equities, precious metals, and cryptocurrencies have been on a tear during the last three weeks of 2023, and all eyes are now focused on the next Federal Open Market Committee (FOMC) meeting, which is 11 days away. On Friday, Federal Reserve governor Christopher Waller said that he favors a quarter-point benchmark rate increase at the

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switzerland-less-affected-by-crypto-industry-crisis,-study-finds

Switzerland Less Affected by Crypto Industry Crisis, Study Finds

While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively well, one piece of research claims. In fact, more crypto companies settled in the country during the past turbulent year than those that left it, or the business altogether. Crypto Valley

Switzerland Less Affected by Crypto Industry Crisis, Study Finds Read More »

binance-to-increase-presence-in-poland-in-compliance-with-local-regulations

Binance to Increase Presence in Poland in Compliance With Local Regulations

Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Polish entity, recruit local talent and launch educational initiatives. Crypto Exchange Binance Moves Forward With Plans to Expand Operations in Poland Binance, the world’s largest digital

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ukraine-to-be-best-crypto-jurisdiction-with-new-tax-rules,-digital-minister-says-in-davos

Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos

Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with media at the World Economic Forum in Davos, Mykhailo Fedorov praised the support from the crypto community for his war-struck nation. Crypto Donations Have Been Critically Helpful to Ukraine Amid Invasion, Fedorov Says During the

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bitzlato-exchange-busted-as-us-deals-‘blow-to-crypto-crime,’-arrests-owner

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian owner of the platform has been arrested for his role in the alleged transmission of illicit money. Bitzlato claimed it was hacked. US, France

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner Read More »

iran-and-russia-consider-issuing-gold-backed-stablecoin,-officials-unveil

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted. Russian, Iranian Representatives Talk Using Gold-Backed Stablecoin in Foreign Trade Iran’s central bank is considering the possibility of

Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil Read More »

georgia-prepares-to-launch-digital-lari-pilot-in-first-half-of-2023

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to initiate in the first half of the year. Financial Authorities in Georgia Gear Up

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023 Read More »