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Brazil’s New Proposal Seeks to Recognize Bitcoin, Crypto as Legal Financial Assets

While it’s still early to speculate if Brazil is following in El Salvador’s footsteps, the latest proposal demonstrates the country racing towards meaningfully regulating the crypto industry as adoption reaches…

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Tether Dismantles Rumors, Claims Zero Lending Exposure to Celsius and Three Arrows Capital

Tether – the company behind the leading stablecoin by means of overall market capitalization (USDT) – has publicly dismantled rumors about Asian Commerical Paper backing and more. The downturn in…

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Bill Gates Believes Crypto and NFTs Are Based on the Greater Fool Theory

The American business magnate and Co-Founder of Microsoft – Bill Gates – blasted non-fungible tokens (NFTs) for not providing any use-cases to society. In his view, cryptocurrencies and digital collectibles…

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We Bought More Bitcoin and Ethereum During the Crash, Says Anthony Scaramucci

The Founder of SkyBridge Capital – Anthony Scaramucci – advised investors to remain disciplined amidst the ongoing crypto havoc. He compared the months-long selloff to the Internet bubble burst in…

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Following LUNA-UST Crash: South Korea’s Top Crypto Exchanges to Establish a Joint Consultative Body

The five leading cryptocurrency exchanges in South Korea – Upbit, Bithumb, Coinone, Korbit, and Gopax – will reportedly set up a joint consultative body that will oversee the local digital…

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