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U.S-Based Fintech Stellar Completes $7 Million Funding Round
The U.S-based blockchain firm, Stellar announced that it has completed a $7 million funding round from strategic investors and hedge funds. The company is valued
Thailand Exempts 7% Crypto Tax For Traders Operating On Authorized Exchanges
Thailand has passed a law that exempts trading on authorized crypto exchanges from the 7% tax. This was an effort to attract more investment and
Cuentas Offers App-Based Cross Border Money Transfers With Western Union
With a weekly average of $50,000 in remittance payments and almost 100% transparency, Cuentas changed the way people transfer money internationally. This app-based model has
EU Parliament Votes against Proposal to ban Proof-of-Work Mechanism
The European Union Parliament voted against a proposal to ban proof-of-work, the blockchain consensus algorithm that rewards miners who solve difficult cryptographic puzzles. The vote
Encompass Corporation Gets Ā£25M In Funding
Encompass Corporation is a blockchain-powered company that provides digital asset management and trading services. The company, which has been around since 2016, raised Ā£25M in
PotionLabs Kicks Off Auction for āPotion Unlockā – a Novel NFT Game to Open Source a DeFi Protocol
PotionLabs has launched an auction to open source the first de-facto decentralized game development platform. The potion unlock protocol is a collectible NFT that will
Biden Issues Executive Order on Crypto Regulation: BTC, ETH Rise
As of this week, the US is officially recognizing cryptocurrencies as a legal form of money. That means that in addition to being regulated by
Bank Of Canada To Collaborate With MIT For Research On CBDC
The Bank of Canada is collaborating with MIT to research the potential use of a central bank digital currency. The objective of this project is
The Ukraine Way Might Intensify Regulatory Pressure On Crypto Companies
A new interpretation of a recent Ukrainian law aims to crack down on crypto companies, according to the deputy head of Ukraine’s Security Service. This
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