Robinhood introduces crypto gifting feature for its US users
In the spirit of the holidays, Robinhood trading app is launching a new feature that allows gifting of cryptocurrencies through its platform, this feature is believed to help newbies “take the first step” in the crypto space. Robinhood, a cryptocurrency trading app, has announced that its customers will be able to give bitcoin to friends […]
The Advertising Standards Authority of UK bans seven crypto Ads
Adverts belonging to some companies including Papa John’s Pizza, Coinbase, Kraken, eToro, Luno, Coinburp, and Exmo were those affected by the ban. The ads are “misleading” and “irresponsibly taking advantage of customers ‘ inexperience and failing to show the risk of the investment,” according to the UK advertising watchdog. In addition to offering each corporation […]
Indian Prime Minister urges government to develop a global standard for cryptocurrencies
The Indian crypto ecosystem is fast-growing with a rising number of unicorns and crypto investments. The Indian Prime Minister Narendra Modi has urged governments to consider cryptocurrencies as tools that help democracy. PM Modi made the remarks during his speech at the Democracy Summit . He also urged countries to consider social media and cryptocurrencies […]
Florida’s governor proposes the state allow residents to pay fees in cryptocurrency
Governor Ron DeSantis of Florida in a new budget proposal has recommended to the state government that businesses be allowed to pay state fees using cryptocurrencies such as Bitcoin (BTC). The suggestion was included in the governor’s budget proposal for 2022–2023, which was released on Dec. 9. DeSantis suggested providing $200,000 to the Department of […]
Binance becomes the first-ever crypto exchange to give reports on ESG
Binance’s Australian subsidiary has announced that in addition to trade and exchange, it would begin reporting on Environmental, Social, and Governance (ESG) metrics using a universal framework defined by the World Economic Forum. Binance Australia has become the first crypto exchange platform in the world to simultaneously report on ESG issues while continuing to trade […]