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The number of retail cryptocurrency investors in Thailand has steadily increased in April after the Securities and Exchange Commission (SEC) allowed the country’s largest digital exchange Bitkub to resume accepting new accounts. Bitkub reported a surge of up to 24,000 new cryptocurrency trader accounts in the first week of the month. The increase in the […]

According to the Chief Executive of Macau Ho lat Seng, the government is working on a law that will allow the use of China’s digital yuan in order to combat tax evasion and money laundering in the gambling hub. ‘We will keep communication with the People’s Bank of China and start a feasibility study around

One of Europe’s largest insurance firms AXA now allows its customers to pay their bills with Bitcoin (BTC) through a partnership with crypto-financial service provider Bitcoin Suisse. Starting this April 15, AXA stated in a press release that bitcoin payments will be accepted for all of their products except for the insurance services due to

San Francisco-based crypto exchange platform Coinbase closed at a market cap of US$62 billion and a final price of US$328.28 per share during its stock market debut on April 14. Moreover, the startup company became the first major cryptocurrency exchange platform to go public in the United States. The shares opened at US$381 that quickly

Data from market research company Messari and cryptocurrency site CoinMarketCap show that altcoins with smaller market capitalizations are now increasing in trading volume in South Korea. Interest in altcoins with smaller market capitalization has risen while Bitcoin trading activity has dropped. According to Messari, the top three traded cryptos in the Korean UPbit exchange are

Leading cryptocurrency rewards-earning platform Celsius announced in a press release on April 5 that the company received the Best Cryptocurrency Wallet award in Fintech Breakthrough’s fifth annual awards program. FinTech Managing Director James Johnson declares that Celsius aims to promote the financial freedom of people by providing them with better opportunities. ‘We are thrilled to

American financier and former White House Director of Communications Anthony Scaramucci said in an interview with CNBC that Bitcoin is ‘the apex predator’ amongst other investments and cryptocurrencies such as Ethereum in this day and age of digitization. ‘[Bitcoin is] the apex predator in the space. I tell my clients whether you like it or

Artists in India can now showcase their art pieces such as songs, videos, and paintings for auction in the newly released non-fungible token (NFT) marketplace, WazirX, powered by blockchain technology. Through this, artists can generate revenue and earn royalties for their pieces. The Binance-owned exchange was launched by Nischal Shetty. According to him, their goal

A Filipino-owned financial technology company, Smart Asset Management (SAM) Digital Technology, becomes successful in establishing a Filipino cryptocurrency coin in Probit and Hotbit trading platforms. SAM founder and Chairman Rommel Santos announced that SAM subscribers in the Philippines, as well as holders of the new crypto coin, can now buy, trade or sell their coins.

Ripple Labs released a statement on March 29 that they will acquire a 40% stake from Malaysian-based cross-border payment hub Tranglo to expand their markets in the Asia-Pacific region. According to Ripple’s statement, this partnership with Tranglo will allow the company to meet the growing demand for cross-border payments in the region and expand the