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Philippines Banks Will Stop Accepting Crypto License Applications for 3 Years Philippines Banks Will Stop Accepting Crypto License Applications for 3 Years. The Philippine central bank, Bangko Sentral ng Pilipinas, announced Wednesday that it will stop accepting new Virtual Asset Service Provider (VASP) license applications...
Crypto Miners Are Dumping Tons Of GPUs. The crypto market is continuing to fall, which has led many miners to exit the market or downscale their operations, thus finding themselves in possession of valuable computer components that they now no longer need. Some miners, many...
Bitcoin King Michael Saylor urges governments to step in and regulate crypto's 'parade of horribles. The world's largest public holder of Bitcoin called on regulators to finally tackle a laundry list of risky, immature crypto industry practices, or "parade of horribles", unfairly weighing on its...
Coinbase sued concerning the promotion of the TerraUSD cryptocurrency. Coinbase, a digital currency wallet and trading platform, faces a class-action lawsuit filed on Thursday in California Northern District Court concerning its promotion of cryptocurrency TerraUSD, according to court documents accessed by The Block and published...
Coinbase lays off 18% of its workforce as executives prepare for a recession and ‘crypto winter Coinbase is laying off almost a fifth of its workforce amid a collapse in its stock and crypto prices. According to an email sent to employees on Tuesday morning,...
TAG Heuer Now Accepts Cryptocurrency in the U.S Luxury watch manufacturer TAG Heuer announced launching online cryptocurrency payments for customers in the United States. The Swiss company provides the new payment option through a partnership with crypto payment processor Bitpay. Designer and maker of luxury...
Bank of England's Cunliffe Warns On Crypto Bank of England's Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions. Reuters reported that Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England (BOE), warned cryptocurrency investors at the...
Germany is the Top Crypto-Friendly Country. Germany knocks off countries like Singapore to rank as the best crypto-friendly country globally, as per the reports by Coincub. Coincub's global crypto ranking gave the label to Germany for Q1 2022. The innovative decisions taken by the country...
Central Bank of Portugal Grants Country's First Crypto License to a Bank. Portuguese-based bank Bison Bank has received permission from Portugal's Central Bank (Banco de Portugal) to function as a "virtual asset service provider "(VASP), making it the first bank in the country to be...
CrossTower introduced Perpetual Futures Trading in Crypto through its Global Pro Platform. Crypto exchange CrossTower on Thursday (April 14, 2022) announced the launch of perpetual futures trading. This is now available on CrossTower's Bermuda digital exchange, a declaration from the company said. It further said...
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