Cryptocurrency Market

  • Market Cap: $2,346,463,376,750.84
  • 24h Vol: $76,478,066,461.42
  • BTC Dominance: 56.49%

Cryptocurrency

bahamas-to-mandate-banks-to-distribute-central-bank-digital-currency

Bahamas to Mandate Banks to Distribute Central Bank Digital Currency

The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle indicated that these regulations would be implemented within two years. “We’ve begun to signal that to our […]

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sony-group-to-enter-the-cryptocurrency-trading-business-through-s.blox’s-whalefin

Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin

Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with the release of a new app, new functions, and support for more cryptocurrency assets. Sonny Group to Dabble

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russia’s-cryptocurrency-mining-bill-faces-delays

Russia’s Cryptocurrency Mining Bill Faces Delays

The Russian State Duma is considering a bill related to cryptocurrency mining and sales, but the legislation is not expected to be approved by fall. The bill aims to legalize crypto mining and allow the sale of mined digital currency. Currently, cryptocurrency cannot be used for settlements in Russia. The proposed law specifies that digital

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northern-data-mulls-us-market-ai-entity-ipo-at-up-to-$16-billion-valuation

Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation

Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data center divisions. This new entity would have a valuation

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crypto-exchange-bingx-now-english-football-club-chelsea’s-training-wear-partner

Crypto Exchange Bingx Now English Football Club Chelsea’s Training Wear Partner

Chelsea Football Club and their principal partner, Bingx, say they have taken their partnership to the next level. Bingx, a leading cryptocurrency exchange, has transitioned from being a sleeve partner to becoming the official training wear partner for Chelsea’s men’s team. Fans worldwide will now see the Bingx logo on the team’s training apparel for

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latam-insights:-argentina-reaches-zero-inflation,-central-bank-of-bolivia-unbans-bitcoin

Latam Insights: Argentina Reaches Zero Inflation, Central Bank of Bolivia Unbans Bitcoin

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentina reached zero inflation in food and beverages in June, the Central Bank of Bolivia unbans bitcoin, and several employees of the Paraguayan power company were allegedly involved in illegal bitcoin mining operations.

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digital-chamber-urges-sec-to-end-attacks-on-crypto-industry,-embrace-future-of-finance

Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance

The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion. Digital Chamber Criticizes SEC’s Action The Digital Chamber (TDC) has called on the

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circle’s-stablecoins-now-mica-compliant

Circle’s Stablecoins Now MiCA Compliant

Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customers. The company is also authorized as an e-money issuer in France, which now serves as its European headquarters. Circle’s Stablecoins Achieve EU

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supreme-court’s-chevron-decision-curtails-sec-chair-gensler’s-regulatory-abuses,-says-congressman

Supreme Court’s Chevron Decision Curtails SEC Chair Gensler’s Regulatory Abuses, Says Congressman

Congressman Tom Emmer has stated that the Supreme Court’s decision to overturn Chevron deference significantly limits “the regulatory abuses” of U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. The ruling is seen as a game changer for the crypto industry and other tech sectors, promising more predictable and grounded regulations. Supreme Court’s Chevron Ruling

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dave-portnoy’s-crypto-advice:-stick-to-bitcoin-—-says-‘i’ve-learned-that-the-hard-way’

Dave Portnoy’s Crypto Advice: Stick to Bitcoin — Says ‘I’ve Learned That the Hard Way’

Dave Portnoy, founder and owner of Barstool Sports, has recommended that investors focus on bitcoin for their crypto investments. “I’ve learned that the hard way,” he said, reflecting on lessons from his past crypto investing experiences. Portnoy recently declared his intention to purchase more bitcoin if its price declines substantially. Barstool’s Dave Portnoy Offers Crypto

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