In a significant development for the Ethereum network, the number of active addresses surged past the 1 million mark on September 13. This milestone coincided with another remarkable achievement as the Ethereum network recorded nearly 1.63 million transactions on the same day, the highest daily transaction volume since December 9…

The United States will eventually have a spot bitcoin exchange-traded fund (ETF), according to Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC). “It is clear that bitcoin is not a security. It is clear that bitcoin is something that retail investors want access to, institutional investors…

Uzbekistan has unveiled ambitious plans to establish a regulatory framework for cryptocurrency miners, mining pools, and token issuance, marking a significant step in shaping the country’s digital asset landscape. Five specialized legal acts are set to cover various aspects, from licensing cryptoasset exchanges to participant registration within special regulatory regimes…

Stablecoins are winning in the realm of payments, and are largely used for non-speculative activity. Stablecoin payment adoption continued to thrive last year despite massive capital outflows from the crypto market at large, according to a new report from European hedge fund manager Brevan Howard. The fund’s report — co-authored…

According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable steps” to ensure compliance with the travel…

Many people have the idea that market makers are all-powerful in the crypto market. They determine the fate of the market, and we are just their puppets. But is this true? ⚡️Who they are and what they do ✍️A market maker is that market participant who, for a certain fee…

Worldcoin Adoption Said to Be Accelerating; Sam Altman States ‘One Person Getting Verified Every 8 Seconds’ Worldcoin, a project that aims to become a digital decentralized ID that will serve to deploy a Universal Basic Income (UBI) system with Sybil protections, is seeing more interest from potential users, according to…

🧐SG Forge, the cryptocurrency division of Societe Generale Bank, has become the first company to receive a license from the French Financial Market Supervisory Commission (AMF) to provide crypto services in the country. Since July 18, SG Forge has been authorized to buy, sell, exchange and store digital assets. ➡️While…

⠀ The European Banking Authority has published “guidelines” for issuers of stablecoins under the MiCA regulatory framework 🟢The document urges companies to prepare their business to comply with the legislation approved on April 20, which will come into force on June 30, 2024. 🟢”The statement is intended to encourage timely…