General News

China Expands Digital Yuan Applications for Belt and Road Initiative

China is expanding the use cases for its central bank digital currency (CBDC), the digital yuan or e-CNY, in cross-border trades and its Belt...

Gemini to Establish Engineering Hub in India, Taps into Tech Talent

Gemini, a US-based cryptocurrency exchange, has announced plans to set up an engineering center in Gurgaon, India, leveraging the country's wealth of top tech...

Coinbase Receives License to Operate in Bermuda, Plans Derivatives Exchange

Coinbase, a US-based cryptocurrency exchange, has been granted a license to operate in Bermuda and is reportedly planning to launch a derivatives exchange in...

MicroStrategy’s Michael Saylor Integrates Lightning Network with Email

Michael Saylor, co-founder of business analytics software firm MicroStrategy and a passionate advocate for bitcoin, has integrated the Lightning Network into his corporate email...

SEC Charges Bittrex and Ex-CEO for Unregistered Securities Exchange

The Securities and Exchange Commission (SEC) has filed charges against cryptocurrency exchange Bittrex and its former CEO, William Shihara, accusing them of operating an...

US Draft Bill Proposes Federal Reserve as Stablecoin Regulator

A recent draft bill outlining a regulatory framework for stablecoins in the United States has been published on the House of Representatives' document repository,...

CFTC Chairman Accuses Binance Leadership of Operating Outside U.S. Laws

Rostin Behnam, Chairman of the Commodity Futures Trading Commission (CFTC), recently spoke out against Binance and its leadership, alleging that the cryptocurrency exchange knowingly...

Justin Sun Subpoenaed by U.S. District Court in SEC Civil Case

The U.S. District Court for the Southern District of New York has issued a subpoena to Justin Sun, the founder of Tron, in connection...

Solana Announces Launch of Crypto-Focused Saga Smartphone

Solana has revealed the launch date for its crypto-centric Saga smartphone, with pre-ordered devices already being shipped. Solana Labs has officially confirmed that its...

Spanish Tax Administration Agency Targets Crypto Tax Evaders

The increasing popularity of cryptocurrencies has led to greater government oversight and taxation on investors. However, a significant number of Spanish taxpayers have chosen...

Bitmain Fined $3.7 Million for Tax Violations in China

Beijing-based cryptocurrency mining company Bitmain has been hit with a significant tax penalty for reportedly violating tax regulations in China. According to local news...

Texas Proposes First State-Based Gold-Backed Digital Currency

Two identical bills have been introduced in Texas, proposing the creation of a gold-backed digital currency, marking the first of its kind at the...