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Tesla chief executive officer (CEO) Elon Musk purchased 9.2% of Twitter shares early this April 2022 and has since been appointed as one of the board of directors of the social media platform. He has then suggested plenty of changes which include proposals on giving users an option to pay in Dogecoin cryptocurrency.  This proposal […]

The major convenience store chain On The Run (OTR) in Australia will be accepting the use of cryptocurrencies as a mode of payment by July of 2022. The initiative is in partnership with Singapore-based Crypto.com and aims to promote the widespread use and adoption of digital assets. It is also one of the first and

The UK government has announced on April 4, 2022 that it plans to become the global hub for crypto asset technology and investment, stating a set of initiatives that would attract digital asset companies worldwide. This includes the proposal of stablecoin regulations and the establishment of a Cryptoasset Engagement Group, as well as a Royal

On April 5, 2022, the US Department of Treasury announced its plans to impose sanctions against Russian-based crypto exchange Garantex, as well as the world’s biggest darknet marketplace known as the Hydra Market. The Biden administration believes that these will disrupt the distribution of dangerous drugs, cybercrime services and other illicit transactions available on the

Binance has announced in a statement last April 1, 2022, that they have been named the official crypto exchange sponsor for the upcoming 64th Annual GRAMMY Awards. This is the first time that any crypto exchange platform has been named a sponsor in such a prestigious event in music, marking a significant moment in crypto

Starting March 25, 2022, all Korean crypto exchanges are expected to flag any transfers and transactions worth more than 1 million Korean won or US$820 under the new regulation called Travel Rule.  This guideline was introduced by Korea’s Financial Action Task Force (FATF) on which all crypto rules and regulations of the country are based.

Starting April 1, 2022, Thailand will no longer accept cryptocurrencies as means of payment for goods and services according to a statement released by the Securities and Exchange Commission (SEC) in partnership with the Bank of Thailand (BOT). The new imposed ruling was in line with the discussions between the two financial institutions of the

The Advertising Standards Authority (ASA) of the United Kingdom has issued warnings last March 22, 2022 to more than 50 crypto companies operating in the country in regards to potentially misleading and irresponsible crypto advertising. It reinforced a list of guidelines discussing new compliance measures and potential sanctions for violators.  The article posted on the

Crypto investor Katie Haun has broken the record for the largest debut venture fund to be raised by a woman. An initial fund of $1.5 billion was raised for her firm Haun Ventures, which is more than any solo woman has raised for a project of this magnitude, according to Pitchbook.  The capital firm is

The final draft of the Markets in Crypto Assets regulatory framework (MiCA), a form of EU law regulation, is set to be discussed by the European Parliament on Monday, March 14, 2022. A new proposed amendment banning energy-consuming proof-of-work cryptocurrencies including popular digital currencies Bitcoin (BTC) and Ethereum (ETC) in European countries have been added.