Turkey prepares crypto bill for parliament
According to Turkey’s deputy finance minister, the legal bill protects individual investors, combat money laundering, and strengthen crypto exchange supervision. A draft bill to establish a legal framework for crypto assets in Turkey has been released by the Turkish Ministry of Treasury and Finance. The crypto bill will be proposed to the Grand National Assembly […]
Enforcement Directorate (ED) issues notice against WazirX
The regulatory watchdog has issued a warning against India’s largest crypto exchange WazirX, the notice poses a significant challenge to the Indian crypto ecosystem. This bull season, India’s regulatory quandary has taken multiple twists and turns. First, there were speculations of a crypto bill being introduced during the forthcoming parliament session; however, the crypto bill […]
Bitcoin may replace fiat in 20 years according to crypto experts
In a recent survey by Finder.com, a number of 42 cryptocurrency specialists where half of the polled predicts a “hyperbitcoinization” to take place by the year 2040. Bitcoin’s (BTC) recent price drop hasn’t dimmed some analysts’ optimism for the world’s largest cryptocurrency. According to a new survey conducted by personal finance comparison site Finder.com , […]
Alibaba’s SCMP Launches ARTIFACTs NFTs to Tokenize Media Assets
Despite the regulatory crackdown, Alibaba, the Chinese e-commerce powerhouse, is entering the NFT industry, it earlier revealed its Taobao Maker festival will feature NFTs. The South China Morning Post (SMCP ), Hong Kong’s most popular English daily, will issue its own NFTs to tokenize its media assets, according to Alibaba. These NFTs, dubbed ARTIFACTs, will […]
Binance burns BNB tokens worth $390M
The burning of tokens in the crypto space is one thing that is said to help token price. Binance as usual has destroyed about $400 million worth of BNB in its 16th quarterly token burn event. Binance, the world’s largest cryptocurrency exchange , has completed its 16th quarterly Binance Coin (BNB) burn, burning nearly $390 […]