Albania passes new comprehensive law written by the Minister of Finance and Economy to regulate crypto activities. Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies. The law, “On Financial Markets Based on the Technology of Distributed Ledgers,” first appeared before the Committee of Economy in October […]
Continue ReadingLocal authorities reopen the case against lenders who reportedly refuse to work with cryptocurrency firms. Brazilian banks that have denied service to cryptocurrency companies are now being scrutinized by local authorities, according to a recent report from Folha de São Paulo. On May 20, the Administrative Council for Economic Defense, or CADE, voted to reopen […]
Continue ReadingNow that the Bitcoin block reward has been halved, BTC’s hash rate and transaction fees are feeling the impact. Things haven’t quite been the same since the Bitcoin (BTC) halving. A substantial number of miners have pulled the plug on their equipment due to the halved reward. Consequently, transaction fees are now considerably higher, the […]
Continue ReadingTravala.com’s proprietary token joins the list of crypto assets accepted by cryptocurrency payment processor, CoinGate. Travala.com’s proprietary token (AVA) joined the list of crypto assets accepted by cryptocurrency payment processor, CoinGate. According to an exclusive announcement sent to Cointelegraph on May 21, CoinGate has integrated Travala.com’s native AVA token into its payment system — reportedly […]
Continue ReadingOnly seven weeks after leaving Coinbase’s legal team, Brian P. Brooks will be taking over at the U.S. Treasury’s banking-focused bureau. Per a May 21 announcement from the United States Office of the Comptroller of the Currency (OCC), former chief legal counsel at Coinbase Brian P. Brooks will step in as the head of the […]
Continue ReadingBitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always […]
Continue ReadingEven though cross-chain systems are gaining more attention, experts believe it will take some time for this technology to evolve and mature. As per a detailed report released by accounting giant Deloitte at the World Economic Forum on the subject of blockchain interoperability, this fast-evolving technology still has some distance to tread before it can […]
Continue ReadingThe team behind CryptoKitties, the popular crypto-collectibles game, has announced the game will launch on the Flow blockchain. Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain. Flow blockchain was built by Dapper Labs to address many of the challenges the team encountered in launching on […]
Continue ReadingCointelegraph interviewed merchants and executives from Crypto.com and Pundi X to learn about the current state of crypto payments for retail customers. Paying with crypto has long been at the center of the discussions of why cryptocurrencies exist and why they are useful. But despite promising growth and excitement during crypto’s bullish phases, payments with […]
Continue ReadingAfter expansion across Europe, Crypto.com is now set to roll out its MCO Visa Cards in Canada. Leading cryptocurrency payments platform Crypto.com announced that it has received regulatory approval for its Visa card program in Canada, and will soon be rolling out MCO Visa cards in the country. MCO Visa cards are prepaid cards that […]
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