A former central bank official, nominated to head South Korea’s financial watchdog, has expressed skepticism about recognizing cryptocurrency as a financial asset. In comments to a parliamentary committee, Koh Seung-beom has confirmed his views on the matter align with those of international institutions. Candidate to Head Korea’s Financial Regulator Says Crypto Is Not Currency Koh…
The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last year. The process, which started in April, gives these service providers until…
NFTs are of the biggest developments to come from the emergence of DeFi, and have created a mania not seen in the market since the 2017 cryptocurrency bull run. NFT art has raised some fascinating questions over where value can be identified, but it is in the gaming world that NFTs could prove to be…
A variety of well-known brand names have joined the cryptocurrency space and the budding non-fungible token (NFT) ecosystem. Now the Anheuser-Busch brand Budweiser has jumped into the NFT game by purchasing an NFT on Opensea for 8 ether ($25.7K). Moreover, Budweiser also owns the domain name “beer.eth” after the firm purchased the name for 30…
The host of CNBC’s “Mad Money” show, Jim Cramer, has recommended putting up to 5% of portfolios in cryptocurrency. Stating that he owns ethereum directly, Cramer affirmed that he is a believer in crypto. Jim Cramer’s Crypto Allocation Advice Mad Money host Jim Cramer shared his view on cryptocurrency investing Wednesday during his show’s “lighting…
PayPal users with verified identities will soon be able to trade cryptocurrencies. A Cryptocurrency trading feature for UK customers. Crypto transactions for its business account, on the other hand, are not currently supported. Residents of the United Kingdom will be able to buy, hold, and sell cryptos via PayPal starting this week. This is a…
