Cryptocurrency News

29 January

Digital Ruble Takes Flight: Moscow Tests CBDC for Budget Payments

Russia has taken a significant step in its digital finance transformation as Moscow begins piloting the use of the digital ruble (CBDC) for budgetary payments. This marks a pivotal moment in the country’s push for a central bank digital currency (CBDC), as authorities seek to modernize financial transactions, increase efficiency, and reduce reliance on traditional banking systems. The Digital Ruble: …

29 January

South Korea Cracks Down: Prosecutors Launch Dedicated Crypto Crime Unit

In a major step toward strengthening oversight of the cryptocurrency industry, South Korean prosecutors are set to formalize a specialized crypto crime unit aimed at tackling fraud, market manipulation, and illicit activities in the digital asset space. The move reflects the country’s growing commitment to regulating the crypto sector amid rising concerns over financial crimes tied to digital currencies. Why …

29 January

Coinbase Expands: Crypto Giant Secures Green Light in Argentina

Coinbase, one of the world’s leading cryptocurrency exchanges, has officially secured regulatory approval to launch its operations in Argentina. This strategic expansion marks a significant milestone for the company as it seeks to strengthen its presence in Latin America’s growing crypto economy. Argentina: A Crypto Hotspot Argentina has emerged as a key market for digital assets, fueled by high inflation …

29 January

French Authorities Launch Money Laundering Probe Into Binance

In a major development for the cryptocurrency industry, French authorities have launched a formal money laundering investigation into Binance, one of the world’s largest cryptocurrency exchanges. This investigation comes amid growing concerns about the platform’s potential involvement in illicit financial activities, including money laundering and other regulatory violations. What Prompted the Investigation? The French Financial Markets Authority (AMF) and other …

29 January

PolitiFi Tokens Now Mirror Voter Behavior and Political Viability: Study

A groundbreaking study has revealed that PolitiFi tokens, a novel form of digital asset tied to political engagement, now have the ability to mirror voter behavior and the political viability of candidates. The study, conducted by leading political analysts and blockchain experts, highlights how these tokens are reshaping the political landscape, offering new ways for citizens to interact with politics, …

29 January

Jim Cramer Calls Bitcoin ‘A Great Addition to Your Portfolio’

In a surprising turn of events, Jim Cramer, the outspoken host of CNBC’s “Mad Money”, has praised Bitcoin, calling it “a great thing to add to your portfolio.” This marks a significant shift in the financial personality’s stance on cryptocurrencies, as he has been known to express skepticism about digital assets in the past. Cramer’s endorsement highlights growing mainstream acceptance …

29 January

DraftKings & NFLPA Settle NFT Likeness Battle: A Game-Changing Deal

In a landmark resolution for the sports and digital collectibles industry, DraftKings has reached a settlement with the NFL Players Association (NFLPA) over a dispute regarding the use of player likenesses in non-fungible tokens (NFTs). The agreement puts an end to the legal battle that had raised concerns over intellectual property rights in the booming NFT marketplace. The Dispute: NFTs …

28 January

KuCoin Fined $300M After Guilty Plea in U.S. Unlicensed Operations Case

In a major legal development for the cryptocurrency sector, KuCoin, one of the world’s leading crypto exchanges, has pleaded guilty to charges of operating in the United States without proper licensing. The exchange has agreed to a staggering $300 million fine as part of a settlement with U.S. regulators, marking one of the largest penalties ever imposed on a crypto …

28 January

Bitget Wallet Unveils 2025 Strategy with ‘PayFi’ at the Core

As the cryptocurrency landscape evolves, Bitget Wallet, a leading digital asset management platform, has set its sights on the future with a bold new strategy for 2025. At the heart of this strategy lies PayFi, a new financial ecosystem designed to bridge the gap between traditional finance and decentralized finance (DeFi). The announcement signals Bitget Wallet’s commitment to revolutionizing the …

28 January

MicroStrategy Scoops Up Over $1 Billion in Bitcoin, Expanding Its Crypto Hoard

In a bold move that continues its commitment to Bitcoin as a primary asset, MicroStrategy has acquired over $1 billion worth of Bitcoin in a recent purchase, bringing its total holdings to new heights. The business intelligence giant, led by CEO Michael Saylor, has been a vocal advocate for Bitcoin, and this latest acquisition underscores its unwavering belief in the …