News

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  Challenges and Progress: The Digital Yuan’s Journey in China

  Despite competition from Alipay and WeChat Pay, the digital yuan sees progress with millions of new users. However, it still faces significant challenges in broader adoption.

  15 May 2024
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  Deutsche Bank Raises Concerns Over Tether’s USDT Stability

  Investors are advised to be cautious as Deutsche Bank questions Tether's stability and transparency in a recent analysis. This comes amid ongoing regulatory scrutiny.

  14 May 2024
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  Bank of America Advises Against Selling Before CPI Report

  Investors are urged to refrain from selling before the CPI report release. Bank of America predicts significant impacts on both traditional and crypto markets.

  10 May 2024
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  Kraken Partners with DLT Finance to Expand in Germany

  In a significant move, Kraken has announced a partnership with DLT Finance to enhance its crypto services in Germany. The collaboration aims to cater to the growing demand for cryptocurrencies in Europe.

  05 May 2024
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  MoonPay Partners with PayPal to Simplify Crypto Purchases

  In a significant development, MoonPay now supports crypto purchases through PayPal. US users can use their PayPal balance, bank withdrawals, or debit cards to buy over 100 cryptocurrencies on MoonPay's platform.

  03 May 2024
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  Coinbase Integrates Lightning Network for Faster, Cheaper Bitcoin Transactions

  Coinbase’s new integration with the Lightning Network offers a solution to high Bitcoin transaction fees and long processing times, making BTC payments more efficient.

  02 May 2024
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  Tether Achieves Record $4.52 Billion Q1 Profit from US Treasury Bonds

  In a significant financial milestone, Tether reported a $4.52 billion profit for the first quarter of 2024, boosting its net equity to $11.37 billion.

  01 May 2024
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  IRS Leverages AI for Crypto Tax Compliance Amid Privacy Concerns

  The IRS’s use of AI for cryptocurrency transaction oversight has prompted the release of Form 1099-DA, marking a significant step in crypto tax compliance enforcement.

  30 April 2024
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  Stripe Resumes Crypto Payments with Stablecoins After Six-Year Hiatus

  Stripe has announced the reintroduction of crypto payments with USDC stablecoins, initially supporting Solana, Ethereum, and Polygon blockchains.

  29 April 2024
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  Morgan Stanley to Expand Bitcoin ETF Offerings to 15,000 Brokers

  In a significant shift, Morgan Stanley will permit brokers to recommend Bitcoin ETFs, moving from unsolicited to active solicitation.

  28 April 2024