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Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days

A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is…

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Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new…

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Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets

The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal…

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Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin

The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance…

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Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law

The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions…

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Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies

Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two…

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Austria Plans to Tax Cryptocurrencies Like Stocks, Vows Equal Treatment

As a growing number of governments are looking to tap into crypto profits, authorities in Austria have indicated their intention to tax gains from digital asset investments just like those…

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‘The Unfair Advantage:’ Dune Actress Rebecca Ferguson Stars in Crypto-Centric TV Commercial

In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has…

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