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Market News

Whether you’re an investor, trader, or simply interested in the world of cryptocurrencies, our Crypto Market News category offers timely and insightful coverage to help you stay on top of this rapidly evolving industry.

Banks Avoiding Crypto Clients, According to Kraken's Chief Legal Officer

Kraken Executive Says Banks Shying Away from Crypto Users

Marco Santori, the Chief Legal Officer for Kraken, recently spoke about the challenges that crypto companies face when trying to establish relationships with banks in

March 7, 2023
Bybit has announced that it will soon launch a new debit card

Bybit Unveils New Debit Card with Mastercard Support Following USD Transfer Pause

Bybit has announced that it will soon launch a new debit card that allows users to make payments and withdraw cash using their cryptocurrency holdings.

March 7, 2023
Australia's Cryptocurrency Regulations

Australia’s Crypto Regulations: Leaked Documents Suggest Potential Timeline

Australia’s government has reportedly revealed that crypto legislation could be delayed until 2024 and beyond, with the government taking its time to thoroughly analyze the

March 6, 2023
Tether (USDT) has rejected a report by The Wall Street Journal (WSJ)

Tether Denies WSJ Claims of Using Fake Documents for Bank Accounts

Tether, the company behind the USDT stablecoin, has rejected a report by The Wall Street Journal (WSJ) alleging ties to entities that faked documents and

March 6, 2023
Silvergate, the crypto bank

Silvergate Bank Suspends Exchange Network, Returns $9.9M to BlockFi

Silvergate, the crypto bank, has announced the discontinuation of its digital assets’ payment network, the Silvergate Exchange Network (SEN), citing a “risk-based decision.” The move

March 5, 2023
Blockchain-Powered Bank Guarantee in Chinese Yuan Issued by Russian Bank for the First Time

Russian Bank Issues First-Ever On-Chain Bank Guarantee in Chinese Yuan

Moscow Credit Bank has made history by issuing the first blockchain-based bank guarantee in China’s currency, the yuan. The transaction, which exceeded 100 million yuan,

March 3, 2023
Coinbase Makes Strategic Move with Acquisition of One River Digital Asset Management

Coinbase Expands Crypto Asset Management Services with One River Acquisition

Coinbase has announced the acquisition of One River Digital Asset Management, an institutional digital asset manager that is registered with the U.S. Securities and Exchange

March 3, 2023
The Brazilian financial markets regulator or CVM

Brazilian Crypto Regulations in the Works

The Brazilian financial markets regulator, or CVM, is set to roll out a new “decree” that will allow government-appointed bodies to better police the crypto

March 3, 2023
Ripple CEO Brad Garlinghouse

Ripple CEO Joins Crypto Advocates in Calling for US to Embrace Digital Currency

The opposition against America’s crypto crackdown is mounting as more industry executives join the call to embrace digital assets. Ripple CEO Brad Garlinghouse is the

March 3, 2023
Ethereum creator Vitalik Buterin

Vitalik Buterin Stresses the Need for Ethereum to Prioritize User Experience Enhancements

In today’s world, the importance of a good user experience cannot be overstated. It is no longer enough for a product to be functional; it

March 3, 2023
RBA Collaborates with Companies to Test CBDC Potential

Reserve Bank of Australia Teams Up with Firms to Develop CBDC Strategies

The Reserve Bank of Australia (RBA) has recently announced plans to launch a “live pilot” of a CBDC, in collaboration with the Digital Finance Cooperative

March 3, 2023
South Korea's Financial Services Commission (FSC)

South Korean Authorities Strengthen Measures Against Cryptocurrency-Related Voice Phishing

South Korea’s Financial Services Commission (FSC) is taking action against voice phishing scams involving cryptocurrencies. In a bid to tackle the rising number of scams,

March 2, 2023
Robinhood

Robinhood Launches Mobile Wallet App for iPhone Users

Robinhood, a leading trading platform, has made its multi-chain, self-custody wallet, Robinhood Wallet, available on the Apple App Store. This move brings the wallet to

March 2, 2023
Nigerian Citizens Elect Bola Tinubu as President Despite Financial Hardships

Nigeria Chooses Bola Tinubu as President Amidst Financial Crisis

Nigeria has elected Bola Tinubu as its new president in a hotly contested presidential election, that took place amidst a backdrop of crippling cash shortages

March 1, 2023
Vitalik Buterin believes that there are still several areas

Vitalik Buterin Outlines Ethereum’s Potential to Revolutionize User Experience

Ethereum is one of the most prominent blockchain networks in the world, and it has gained immense popularity among users and developers. However, the platform’s

March 1, 2023
UAE Emirate Creates Opportunities for Digital and Virtual Asset Startups with Free Zone Launch

UAE Emirate Introduces Free Zone to Boost Digital and Virtual Asset Industry

Ras Al Khaimah, one of the seven emirates in the UAE, is set to launch a new free zone called RAK Digital Assets Oasis (RAK

March 1, 2023
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