The recent Senate Finance Committee saw Portman addressing the claims of Committee Democrats regarding the TCJA (Tax Cuts and Jobs Act.) Senator Portman highlighted the overwhelming positives and wide-ranging effect of the legislation. Portman questioned Janet Yellen (Secretary of the Treasury), keeping the topic related to the economic effects caused by the bill. More specifically, […]

The payment system’s in-house token passes $0.11 as partner Shopify plans to reach out to Facebook and Google merchants. The in-house token of cryptocurrency payments app Flexa, AMP, has hit new all-time highs after being listed on major exchange Coinbase. Data from Cointelegraph Markets Pro and TradingView showed AMP/USD reaching $0.11 per coin for the first […]

Exchange tokens are falling under the scrutiny of South Korean regulators. The increased regulatory scrutiny that befell South Korea’s cryptocurrency space in recent times appears to have extended to include exchange tokens. Exchange tokens are tokens issued by a cryptocurrency exchange that usually offer some benefit to the holder, either through reduced trading fees, regular […]

As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May […]

The World Bank has refused to assist El Salvador with integrating Bitcoin into its financial infrastructure, a report on Reuters said today. The Central American country made history last week as it passed a bill making Bitcoin legal tender. However, since then, several authorities, including the IMF, have poured cold water on the idea. With […]

Coinspeaker Decentralized Gaming Platform DeFi11 Launches IDO After $3.5M Private Sale Fantasy sports have gained massive popularity in recent years. The market is expected to grow by 7% by 2024. However, a lack of regulation has allowed companies to exploit users. Many fantasy sports and virtual gaming platforms have been accused of publishing false volumes, […]

Coinspeaker SEC Postpones VanEck Bitcoin ETF Ruling Once Again The US Securities and Exchange Commission (SEC) on Wednesday postponed its decision to approve the VanEck Bitcoin exchange-traded fund (ETF) by 45 days. The ETF proposition made by the investment fund manager has been under review from the regulatory board since mid-March this year. This is […]

The Indian government is exploring an alternative approach to handling digital currencies, rather than a blanket ban. (Read More)

Decentralized finance platform, Impossible Finance has unveiled its v2 swap design in an upgrade widely expected to make the AMM protocol much more attractive for cryptocurrency users and liquidity providers. The automated market maker is rolling the new version out in the middle of a crypto bear run with the promise of featuring the lowest […]

Facebook’s Diem is close to launching, with the project’s pre-sale website announcing a pre-sale discount for early investors. The process of launching the digital currency has seen many bumps on the road, not least of which was its early re-branding from Libra to Diem and backlash from regulators and lawmakers. Diem’s presale marks a stage […]