UniCredit Fined for Illegally Closing Crypto Mining Company’s Account
UniCredit, an Italian banking firm, has been fined $144 million for allegedly closing accounts belonging to a crypto mining company. Following a case brought by a subsidiary of the crypto mining business Bitminer Factory, a district court in Banja Luka, Bosnia, and Herzegovina, has determined that UniCredit’s branch office in the nation would pay a […]
WisdomTree Introduces Crypto ETPs in Europe
WisdomTree, a financial services provider, has launched a new set of crypto exchange-traded products (ETPs) in the European market. According to a press release, new ETPs covering Solana (SOL), Cardano (ADA), and Polkadot (DOT) debuted on the Swiss stock exchanges SIX and Börse Xetra on Tuesday. At the end of the month, Euronext exchanges in […]
U.S. Government to Introduce ECASH as Legal Tender
According to a new bill proposed on Monday by the United States legislators, Treasury Department may be the appropriate government body to create a digital dollar as legal tender. Reps. Stephen Lynch (D-Massachusetts), Jess Chuy Garcia (D-Illinois), Ayanna Pressley (D-Massachusetts), and Rashida Tlaib (D-Michigan) introduced the “Electronic Currency And Secure Hardware Act” (ECASH Act), which […]
Florida to Allow Citizens Pay Taxes in Bitcoin
The state of Florida has announced that citizens will be able to pay their state taxes in bitcoin. The state has been a hotbed for crypto activities, with Miami Mayor Francis Suarez pledging to make the city the nation’s crypto hub. This has reaped benefits for the city and its residents in a variety of […]
Ukrainian Government Introduces NFT Museum To Raise Funds
The Ukrainian Government is set to launch a blockchain-based chronicle of the Russian Invasion, the MetaHistory NFT Museum to raise funds. Non-fungible tokens (NFTs) will be displayed in the form of digital art and textual reflections at the museum. As announced by the project representative on Friday that the first drop could happen as soon […]