Budweiser purchase ‘fan art’ NFT and Beer.eth domain
After acquiring a piece of a nonfungible token art for use, Budweiser, a subsidiary of Anheuser-Busch InBev, appears to have informally sanctioned it. The company has taken another step into the crypto and blockchain space. On August 24, the beer company bought a Budweiser-branded rocketship NFT for 8 Ether (ETH), or around $25,704, according to […]
Cardano foundation partners with Coinfirm for regulatory compliance
Cardano’s nonprofit organization partners with Coinfirm, a blockchain analytics service, to ensure that ADA complies with the Financial Action Task Force’s and other regulations. The Cardano Foundation announced on August 24 that it would be using Coinfirm’s services to deliver Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT ) analytics for Cardano’s native coin, ADA. According […]
Illinois County Treasurer becomes first political candidate to accepts crypto donation
Holly Kim, a treasurer in Lake County, Illinois, is said to be the state’s first political candidate to accept cryptocurrency campaign contributions. Kim recently got a $3 Litecoin (LTC) donation from Mark Tan, the founder of T Capital Coin, an investment management firm based in Lake Forest, according to the Chicago Tribune on Wednesday . […]
Kyrgyzstan reportedly introduces regulatory framework for crypto exchanges
The Kyrgyzstan Republic’s government is taking steps toward cryptocurrency adoption by establishing a nationwide regulatory framework for crypto trading platforms. According to local news source 24.kg, Kyrgyzstan’s State Service for Regulation and Supervision of Financial Markets (Gosfinnadzor), a regulatory agency under the Ministry of Economy and Finance, has created a draft law for regulating crypto […]
The United Kingdom’s FCA says it is not capable of supervising Binance
According to a recent supervisory notice, the UK’s financial conduct authority believes that cryptocurrency exchange Binance is “not capable” of being successfully monitored by the agency. The Financial Conduct Authority (FCA) document was first reported by the Financial Times . The supervisory notice, issued June 25th, outlines the limits that the FCA intends to impose […]