Elon Musk Urged The US Government to Do Nothing with Crypto Regulations

Tesla’s CEO – Elon Musk – believes authorities are unable to “destroy” the digital asset industry. He advised the American government to let crypto “fly” instead of implementing legislation on…

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Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations

According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days…

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Bitcoin Recovers After 3rd Weekly Dip to $40k: DYDX Skyrockets Another 30% (Market Watch)

Following yet another dip below $41,000, bitcoin has reacted well and has recovered a few thousand dollars in hours. Most alternative coins are still struggling, though, with minor movements with…

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Switzerland’s FINMA Approves its First Cryptocurrency Investment Fund

The Swiss Financial Market Supervisory Authority (FINMA) has greenlighted the Crypto Market Index Fund to be the first cryptocurrency-oriented investment vehicle operating within the country with the proper licensing. According…

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Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform

Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The sales behemoth made this announcement yesterday via its…

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Cardano to Invest $100 Million to Fund Decentralized Finance Projects

Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin…

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