According to reports, the Financial Conduct Authority (FCA), which is the primary financial regulator in the UK, is considering restricting the ability to use credit to buy Bitcoin and other crypto assets. This stems from concerns regarding straining consumer debt and other financial injuries. The proposal was presented in a new discussion paper that the…
Mobile app developers and digital commerce are affected by the recent judgment from a U.S. federal appeals court. The court ruled against Apple’s over 30% compulsory ‘in-app purchase’ commission or “Apple Tax,” levied on all applications used on the Apple ecosystem. The Apple courts Apple will now enable app developers to incorporate hyperlinks to external…
In Q1 2025, VC firms have increased their funding to $4.8 billion for crypto startups, indicating a new wave of investment activity in the industry. Galaxy, a digital assets company, published this information in its reports, stating that this number indicates a 40% growth from the previous quarter of 2024. Increase in Both Deal Count…
The Blockchain Group stands in aid of the European milestone by being the first publicly stated Bitcoin treasury company on the continent. As anticipated, this firm has disclosed ‘The Bitcoin Buyback’ marketing strategy, which aims to acquire 260,000 Bitcoin worth 24 billion dollars by 2033. As forward as this strategy is, it does seem to…
Crypto Market Update: Cautious Optimism and Strategic Waiting — May 3, 2025 As we move into May, the crypto market is pausing to catch its breath. Following strong movements earlier in the year, the current tone is one of consolidation and anticipation. The global crypto market cap sits at $2.98 trillion, down just 0.75% in…
Transfers across international frontiers, be it for individuals or companies, require navigating through a dense maze of intermediaries, exorbitant charges, and tedious processing times. These oft-mundane hurdles encountered within international finance are further complicated with the addition of new players into the orthodox financial world. With the advent of cryptocurrencies, an industry marked with extreme…
The European Union is poised to take the first steps towards fighting anonymity in cryptocurrency with the adoption of comprehensive Anti-Money Laundering (AML) policies. Under these new rules, which are expected to go into effect by the year 2027, credit institutions and financial service providers, including crypto asset service providers (CASPs), will not be allowed…
Currently, the largest player in the stablecoin market, Tether, is eyeing a major expansion in the US market with interest to roll out yet another dollar-pegged cryptocurrency. This plan is expected to coincide with Tether CEO Paolo Ardoino‘s trips to Washington, where he is lobbying to influence the regulatory framework pertinent to digital assets. Rebranding:…
The partnership of Bitget and Paydify Wallet will strategically launch a new milestone toward the advancement of day-to-day use of cryptocurrency. This partnership utilizes the Bitget Wallet, which is one of the Web3 non-custodial wallets, enhancing its users’ ability to make automatic stablecoin payments at a growing number of brick-and-mortar and online shops. Of primary…
Having already established its footprint as one of the leaders in the global digital asset landscape, OKX cryptocurrency exchange has launched a new feature in its primary application, which aims to change how customers interact with their digital currencies on a daily basis. OKX Pay allows the sending and receiving of stablecoins such as $USDT…
