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Crypto News - Liquidity Provider: Business & FinTech Media

News: Crypto

Welcome to the crypto news section, the premier destination for comprehensive and up-to-date information on all things related to cryptocurrencies. Serving as an essential resource for enthusiasts and investors alike, this page offers insights into the dynamic world of digital assets - encompassing everything from real-time price fluctuations to announcements of innovative projects and crucial regulatory changes. Here we've got the pulse of the cryptocurrency market covered to ensure you stay informed.

Vietnam Legalises Crypto

Constantine

Constantine

Vietnam Legalises Crypto, Paving the Way for Digital Innovation Vietnam is taking clear steps to become a key technology hub in Southeast Asia. The government’s new law provides a formal foundation for the country’s fast-growing digital asset sector, with the stated goals of encouraging innovation and ensuring proper oversight. The landmark ‘Law on the Digital Technology Industry’ has been passed by the country’s National […]

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GoMining Review: Effortless Bitcoin Mining & Rewards

Flavio Doms

Flavio Doms

Start Receiving Bitcoin Rewards with GoMining Skip the hardware, cut the costs—GoMining lets you rent digital hashrate, play Miner Wars, stake GOMINING tokens and earn real Bitcoin straight from your phone.

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Coinbase investigation probe by DOJ

Hazem

Hazem

Coinbase Investigation Launched After Hackers Stole User Data One day after its S&P 500 listing, the US-based crypto exchange is facing a scandal that can shake customer and investor trust. Coinbase has reportedly been hacked, and user data has been compromised. However, the attack type puts Coinbase under question. The US Department of Justice launched a probe to investigate the hack, find the […]

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Coinbase S&P 500 inclusion

Hazem

Hazem

Coinbase S&P 500 Inclusion – How Will it Affect Bitcoin Price The DeFi space is getting bigger due to institutional adoption and mass approval from traditional investors, and the Coinbase S&P 500 update is a massive milestone! The popular financial index, S&P 500, is set to welcome the first crypto business into its financial market’s standard. Following the recent surge in cryptocurrencies and investors’ inflow, Coinbase […]

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ProShares' Three XRP ETFs Approved By the SEC

Constantine

Constantine

SEC Approves Three XRP-Linked ETFs by ProShares The SEC approves ProShares' XRP futures ETFs, signaling a pivotal moment for institutional crypto adoption and XRP's market evolution.

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Binance delisting 14 cryptocurrencies

Hazem

Hazem

Binance Delisting 14 Tokens From Its Trading Desk Causes Massive Sell-Offs Binance delisting 14 cryptos due to its “vote to delist” campaign, coming into effect on April 16th, where tokens like BADGER, CREAM, and BAL will be removed.

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Mexican Peso Stablecoin to Be Launched on Bitso Exchange

Hazem

Hazem

Mexican Peso Stablecoin to Be Launched on Bitso Exchange The LATAM leading crypto exchange, Bitso, announced launching Mexican peso stablecoin, MXNB. Here’s how the stablecoin works and what it means for the region. Discover

GameStop invests into Bitcoin as a reserve asset

Alex

Alex

GameStop Bitcoin Bet: From Meme Stock to Digital Treasury GameStop Bitcoin decision puts the retailer in line with MicroStrategy and Tesla in holding crypto as a treasury asset.

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Paradigm Co-Founder Seeks $1B for New Crypto Venture Funds

Сonstantine

Сonstantine

Paradigm Co-Founder Plans $1 Billion Raise for Two New Crypto Venture Funds Paradigm co-founder Matt Huang aims to raise $1B for two new crypto funds, signaling renewed investor confidence as the market recovers post-FTX.

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South Korean CBDC – 7 South Korean Banks to Join Issuing The Digital Currency Since cryptocurrencies arrived on the financial scene and changed how people transact and transfer money, central banks have become more interested in developing their own virtual payment systems. After Russia, China, Nigeria, India, and Jamaica, South Korea is taking a major step toward introducing its own Central Bank Digital Currency in an upcoming pilot program involving the public and some major banks. The initiative aims to test the feasibility of a digital currency within the existing financial system, enabling a limited number of citizens to transact with CBDC at selected merchants and Points of Sale. This move aligns with the global trend of central banks exploring digital currencies to enhance payment efficiency, reduce transaction costs, and modernize the financial landscape. South Korea CBDC Pilot Program Bank of Korea (BOK), in collaboration with financial regulators, announced an initiative to test the rolling out of CBDC involving seven major banks and 100,000 participants. The pilot program “Project Hangang” is scheduled to run from April to June 2025, focusing on testing deposit tokens issued by banks and backed by the CBDC. These banks include KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori Bank, NH NongHyup Bank, Industrial Bank of Korea (IBK), and Busan Bank. These tokens will be used for transactions in both online and offline retail environments, allowing the government and financial institutions to evaluate their effectiveness. Users and Merchants Participation The BOK is expected to announce the project by the end of March, asking 100,000 South Koreans to participate in the pilot and convert their traditional bank deposits into digital tokens for payments. Individuals will be limited to a maximum holding of 1 million WON (approximately $687) and a total transaction cap of 5 million WON during the trial’s duration. Various merchants, including convenience stores, supermarkets, coffee shops, and online platforms, will accept these tokens as payment. Notable participants include 7-Eleven, Hanaro Mart, Ediya Coffee, Silla University, and Hyundai Home Shopping. This will help assess the practicality and usability of the CBDC across different retail settings. Global Adoption of CBDC The South Korean CBDC initiative is part of a broader global trend, with many countries exploring digital currencies to modernize their financial systems. The Bank for International Settlements (BIS) has been actively promoting CBDC projects worldwide, with major economies such as China, the European Union, and the United States conducting their own trials. China’s digital Yuan e-CNY is already in an advanced phase, with widespread adoption in various sectors. The European Central Bank is also working on a digital Euro, while the US Federal Reserve is researching the potential implications of a digital Dollar. These initiatives aim to improve payment efficiency, enhance financial inclusion, and strengthen monetary policy frameworks. Conclusion South Korea’s CBDC pilot marks a significant step toward digital financial transformation. By involving the public, key banking institutions, and merchants, the trial will offer critical data on the viability of digital currencies. As more countries explore CBDCs, these findings could influence future implementations worldwide, paving the way for a more efficient payment system.

Hazem

Hazem

South Korean CBDC – 7 South Korean Banks to Join Issuing The Digital Currency South Korean CBDC will be tested in a Central Bank-led pilot project involving 100,000 users and 7 issuing banks. Here’s what we know about this project.

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SEC Postpones Decision on XRP, SOL, LTC, DOGE ETFs

Constantine

Constantine

SEC Postpones Decision on XRP, Solana, Litecoin and Dogecoin ETFs The SEC has delayed decisions on ETFs tied to XRP, Solana, Litecoin, and Dogecoin, citing the need for extended evaluation periods amidst anticipated regulatory changes.

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Cryptos Included in Trump Crypto Reserve Plan Announced

Hazem

Hazem

Trump Crypto Reserve Plan to Include These 5 Cryptocurrencies Explore Donald Trump’s pro-crypto stance and the strategic crypto reserve plan, which appears to include altcoins beyond Bitcoin.

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SEC Crypto Task Force

Alexander

Alexander

New SEC Crypto Task Force Signals a Major Shift in Crypto Oversight A new SEC crypto task force is set to reshape regulation, reducing uncertainty for digital asset businesses and investors.

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Grayscale XRP ETF is on The SEC’s Desk: Will it Be Approved?

Hazem

Hazem

Grayscale XRP ETF is Under Review – Will The SEC Approve it This Time? The SEC is reviewing Grayscale XRP ETF and the public feedback window is open. With the new pro-crypto SEC approach, will an approval come any time soon?

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4 Reasons to Buy Ethereum in 2025

Waqas

Waqas

4 Reasons to Buy Ethereum in 2025 While Bitcoin has regained its six-figure valuation, Ethereum (ETH) has outpaced it by 10% since November last year, yet remains below its all-time high. Discover

Key Differences Between USDC and USDT

Kevin

Kevin

Key Differences Between USDC and USDT USDC and USDT are popular stablecoins pegged to the U.S. dollar. Discover the key differences and why USDC might be the better choice in certain scenarios.

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