financial news Archives - Page 2 of 3

February 22, 2023

NYDFS capacity enhancements to control the crypto market

Based on a Cointelegraph report, the New York State Department of Financial Services (NYDFS) has announced capacity enhancements to identify organizations it supervises engaging in criminal actions with digital...

February 20, 2023

Asia empowers next bullish run in the cryptocurrency market

According to a Cointelegraph report, Cameron Winklevoss, the American investor and co-founder of the Gemini exchange, the next bull run in the cryptocurrency market will begin in Asia. His...

February 19, 2023

YouTube hires a pro-metaverse and NFT enthusiast CEO

YouTube hired a new CEO as the former executive retired from the job to start “a new chapter” to focus on family and other personal affairs after 16 years...

February 18, 2023

Crypto assets should not be promoted by celebrities

Paul Pierce, a former NBA player, has reached a $1.4 million settlement with the US Securities and Exchange Commission over allegations that he used social media to advertise crypto...

February 13, 2023

PAXOS Trust Company Stops the Issuance of BUSD Tokens

The New York Department of Financial Services (NYDFS) has ordered Paxos Trust company to stop minting Binance exchange stablecoin (BUSD tokens). Paxos announced on February 13th that it will...

February 13, 2023

CUD postpones the use of a crypto payment method

Cryptocurrencies are becoming more popular as a payment method among governmental and educational organizations. Also, thanks to the availability and ease of access, people are attracted to the market...

February 11, 2023

PayPal Reveals Cryptocurrency Holdings in the Annual Report

Cryptocurrencies account for a large number of global transactions. Transferring funds using cryptocurrencies is far more convenient than traditional bank transfers, and it has attracted many people to use...

February 9, 2023

Crypto Assets are here to stay.

2022 was the winter of the crypto market after it had blossomed in 2021. Michael Demissie, the head of digital assets at Bank of New York Mellon (BNY Mellon),...

January 31, 2023

Bitcoin Price Analysis, the Bullish Trend Continues More

Bitcoin price broke above the $23K resistance level on Thursday and managed to maintain its value above that level until today. The highest Bitcoin price this month was $23.9...

January 29, 2023

New York Prepares to Accept Crypto Payments

The New York State authorities have announced that under the new policy alterations regarding crypto payments, institutes can transfer funds in cryptocurrencies. Clyde Vanel, a member of the Democratic...

January 26, 2023

Spatial Labs Are Planning to Use Web 3.0 to Gather Brands and Consumers Together

Spatial Labs Are Planning to Use Web 3.0 to Gather Brands and Consumers Together Founded in 2010, Spatial Labs works in hardware and software that open windows into the...

January 18, 2023

Dogecoin Blockchain Cuts back on Carbon Emissions

Carbon emission is an essential factor in the prevalence of crypto projects and their mainstream deployment. For example, Elon Musk refused Bitcoin payments for Tesla products due to the...