New Stablecoin Rules Enter UK Crypto Industry
A proposed bill could give U.K. regulators more control over crypto assets like stablecoin that are used for payments, but it’s not clear yet how the rules will be interpreted. Most crypto supporters in the U.K. are happy about a new bill that could include digital assets like stablecoin in the rules that govern local […]
Dogechain Gains Traction Among Retail Crypto Traders
Dogechain, which is based on Polygon Edge, locks up almost $5 million in liquidity and is becoming more well-known among retail crypto traders. Developer documents say that Dogechain is built on Polygon Edge, which allows the project to start up a new blockchain network while still being fully compatible with Ethereum smart contracts and transactions. […]
BitConnect Founder Is Now Wanted in India Too
In a complaint about missing bitcoin, a lawyer who chose to remain anonymous named BitConnect Founder Satish Kumbhani and six other people. Satish Kumbhani is the founder of the crypto protocol BitConnect. An investor named him in a complaint about missing bitcoins, so Indian police are looking for him in the city of Pune in […]
Stablecoin Payments Test by UK Group
A group of private companies called the Digital FMI Consortium would start Stablecoin Payments in October and keep it going for at least a year. A group of private companies called the Digital FMI Consortium said it plans to test international Stablecoin Payments using its own stablecoin, dSterling, which is backed by sterling and will […]
CoinFund Launches $300M Web3 Fund
CoinFund, an investment firm that only works with cryptocurrencies, started a $300 million venture capital fund to support blockchain projects in their early stages. This shows that investors are confident in an industry where a bear market has hit. In an interview with CoinDesk, David Pakman, CoinFund’s managing partner and head of venture investing, said […]