Uruguay and Colombia Take Steps to Regulate Bitcoin
Uruguayan and Colombian senators have introduced legislation with the goal of establishing a more secure Bitcoin market in their respective countries. Uruguay has joined the recent wave of governmental measures in Latin America to regulate the Bitcoin and cryptocurrency industries, just as Colombia is updating its existing crypto framework. Yesterday, Uruguayan businessman and Senator Juan […]
Three US Senators have proposed amending the infrastructure bill’s crypto tax provisions
Senators in the United States of America have introduced an amendment to a bill on infrastructure that would exempt certain cryptocurrency companies from broker reporting requirements. Senator Ron Wyden of Oregon proposed an amendment on behalf of himself and Wyoming Senator Cynthia Lummis, with support from Pennsylvania Senator Pat Toomey, that certain provisions of the […]
Akoin’s pilot trial was a success, a nationwide rollout is in view
Akoin, the cryptocurrency established by singer Akon, has completed its initial pilot testing in Mwale Medical Technology City in western Kenya and is ready for a national rollout soon. According to a spokeswoman for Mwale Medical Technology City , the pilot, which began in November 2020, is intended to pave the way for $5 million […]
Securrency partners with GK8 for custody and institutional blockchain infrastructure
GK8, a cybersecurity and digital asset custodian has teamed up with Securrency, a fintech business, to offer institutional-grade blockchain solutions to banking clients. GK8’s enterprise-grade custody solutions will be made available to Securrency’s clients as the fintech firm continues to build its tokenization infrastructure. The main goal of Securrency is to tokenize real-world assets like […]
Victory Capital applies for SEC approval to launch crypto ETF
Victory Capital Management has applied to the Securities and Exchange Commission (SEC) for approval to launch a cryptocurrency ETF, the fund is expected to provide clients with convenient exposure to numerous coins. Victory said it planned to float an exchange-traded fund, or ETF , following the Nasdaq Crypto Index in a Form S-1 registration submitted […]