In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
Coinbase, the largest exchange in the United States, announced on November 29 that it will no longer support Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), and Stellar (XLM) in its coinbase wallet. The exchange stated that the coins will no longer be support from January 2023. Because of their
Brazilian Chamber of Deputies passed the crypto bill to regulate the cryptocurrency sector in the largest South American country. Finally, after 5 months of voting dormancy, the regulatory body waved a green flag for bill 4401/21 on Tuesday evening. Bitcoin as Brazil Legal Tender? Originally, Aureo Riberio, a member of
The Israeli Finance Ministry brings new recommendations to regulate and oversee the crypto industry within the country. In a recent report, Shira Greenberg, Israel’s Chief Economist at the Ministry of Finance proposed an extensive regulatory framework that would bring trading platforms and cryptocurrency issuers into compliance and would increase the
FTX, the collapsed cryptocurrency exchange to pay its employees and contractors after several weeks of uncertainty. According to the recent announcement from the bankrupt trading platform, the majority of FTX subsidiaries around the world have been resuming ordinary course payment of salary and benefits to its employees worldwide and certain
Over the past few weeks, a lot of catastrophic events have taken place in the global cryptocurrency market. Also, the crypto exchange FTX fallout alarmed several big-shot companies and many people in the cryptocurrency community, and the global crypto industry faced cold selling pressure. While the crypto lending platform BlockFi
The effects of Sam Bankman-Fried’s FTX crypto empire demise have drawn further scrutiny from the Singapore government. On Nov 11, the FTX exchange filed for bankruptcy, and it’s unclear whether the platform obtained money from users for sister trading company Alameda Research. Following that, Big-shot firms are still separating themselves
The Bahamian government has criticized new FTX CEO John J. Ray III for his role in imposing restrictions on the corporation. The battle to decide what to do with FTX’s broken enterprise has recently intensified. The Attorney General of the Bahamas, Ryan Pinder, said on November 27 that FTX CEO
The Monetary Authority of Singapore (MAS), the regulator in charge of the crypto sector, has defended the action it took against Binance, rather than the bankrupt crypto platform FTX. The central bank also warned that cryptocurrencies are extremely volatile, with many losing all of their value. And, on Nov 21,
Elon Musk, the CEO of Twitter, has stated that if Twitter were to be taken off the Apple App Store and Google Play, he would think about creating an “alternative phone.” Since taking over Twitter at the end of October, Musk has made a lot of changes to the service,
The Russian government has delivered a serious setback to Meta (Facebook). On Friday, Meta was reportedly designated as an extremist group by the Russian Ministry of Justice. An earlier ruling in Russia found that Meta was involved in extremist activity. Additionally, Moscow censored Instagram and Facebook. They said it was
