Robinhood’s crypto wallets beta program is now available to 1000 customers
Robinhood has begun rolling out the beta version of its crypto wallets to about 1,000 customers. Users can now send and receive their cryptocurrencies from Robinhood to external crypto wallets. Robinhood, a popular trading platform, said on Thursday that its “crypto wallets beta program” had begun. The following are the specifics of the announcement: Starting […]
The Wikimedia Foundation will continue to accept crypto donations
After the backlash from its community and users over accepting crypto donations, the Wikimedia Foundation says it will still be accepting them saying people should choose the method they feel most comfortable with. After users suggested that Wikimedia Foundation stop accepting bitcoin donations , the organization stated that it will continue to accept them. Because […]
State Bank of Pakistan (SBP) reportedly considers banning cryptocurrencies
According to reports, the State Bank of Pakistan (SBP) and some Pakistani agencies consider cryptocurrencies like Bitcoin (BTC) illegal and should not be used for any form of transaction but rather banned. According to reports, the Sindh High Court held a hearing on the legal status of cryptocurrencies in Pakistan, during which multiple Pakistani agencies, […]
China to distinguish NFTs from the crypto sector using blockchain technology
China plans to create a clear distinction between cryptocurrencies and nonfungible tokens (NFTs), this is a reassurance that NFTs are legal in the country as opposed to their counterpart cryptocurrencies. According to the South China Morning Post, the Blockchain-based Service Network (BSN), a government-backed blockchain project in China, is developing infrastructure to help enterprises and […]
Cryptocurrencies cannot become a means of payment – Bank of Thailand’s Governor
In order to reduce risks and safeguard investors, the government of Thailand is working on a new legal framework that will set to identify “red lines” for cryptocurrencies such as Bitcoin (BTC) and the crypto industry at large. In a Dec. 14 interview with The Bangkok Post, Governor Sethaput Suthiwartnarueput stated the Bank of Thailand […]