The Law Commission, funded by the Ministry of Justice, has released a report suggesting that the United Kingdom should create a unique legal framework to allow for the use of cryptocurrency as collateral. The commission recommends that this should extend beyond the …
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has proposed a framework for creating open and interoperable networks for tokenized digital assets. The proposal, titled “Project Guardian,” was presented in collaboration with financial institutions including the Bank for International Settlements (BIS). …
Bitcoin futures markets are currently experiencing an influx of money flows, with traders seemingly making bets on price movements amid an increase in crypto-ETF filings. According to reports, open interest on bitcoin futures has increased to over $11 billion, marking the highest …
Bitcoin (BTC) has declined by 3% from its one-year high of over $31,300, trading currently at $30,300. The recent 20% rise in the value of the cryptocurrency began after asset management company BlackRock announced plans to launch a spot bitcoin ETF. Experts …
BitGo, a cryptocurrency custodian, has announced that it has more acquisitions pending after abandoning its proposed purchase of Prime Trust. According to BitGo CEO Mike Belshe, the company is highly optimistic about further consolidation in the industry over the next six months. …
Hut 8 Mining, a Canadian bitcoin mining company, has just announced that it has secured a loan of up to $50 million from Coinbase Credit. This will provide the funding needed to complete its merger with U.S. Bitcoin Corp (USBTC). Coinbase, a …
Digital asset investment products have reportedly seen the largest single weekly inflows in a year, according to a new report from CoinShares, a European digital asset manager. This news comes after nine consecutive weeks of outflows, and bitcoin-related products were reportedly the …
A federal judge in the United States has given a permanent ban to a non-fungible token (NFT) maker from selling digital art collectibles based on Hermes’ iconic Birkin bags, thus concluding a prolonged court saga, as well as serving as a warning …
In a monumental and final decision, a federal judge in the U.S. District Court for the Southern District of New York has permanently banned MetaBirkins NFT collection creator, Mason Rothschild, from selling digital art collectibles inspired by Hermes’ beloved Birkin bags. The …
Bitcoin, the largest cryptocurrency by market capitalization, recently experienced a drop in trading near down over the past hours, after reaching a one-year high over the last Friday. Though, the momentum from multiple spot bitcoin filings by BlackRock and other financial services …