Forsage has collected $ 300 million from millions of investors around the world. The website already has allegations in the Philippines and Montana. The U.S Securities and Exchanges (SEC) has charged 11 people associated with the Forsage platform on 1 Aug 2022. As per the SEC report, Forsage is a
According to recent reports, Honduras’ first Bitcoin city named, ‘Bitcoin Valley’ has opened in the Honduran tourist town of Santa Lucia. As part of the new Bitcoin Valley initiative, Santa Lucia will accept Bitcoin (BTC) for payments. The project aims to increase tourism revenue across 60 local businesses. With the
The top 5 cryptocurrencies to watch this week are BTC, BNB, DOT, ETC, and FIL. Filecoin climbed over 78.73% in the previous month. After witnessing a continuous huge crash, the global cryptocurrency market is now rising upwards. Along with Bitcoin, top altcoins also collapsed during the bearish conditions of the
The US and UK regulators collaborated to enlarge cryptocurrency regulation. The Working Group wants to strengthen regulatory outcomes for stablecoins across jurisdictions. According to a recent press release from the U.S Department of the Treasury, the Financial Regulatory Working Group of the U.K and the U.S, recently conducted an official
CZ relied on a shared knowledge of the market and its dynamics. It was Changpeng Zhao’s initiative to advocate for the mining industry. The CEO of Binance, Changpeng Zhao (CZ), was recently interviewed by Squawk on the Street, where he discussed the future of bitcoin and the crypto industry. CZ
FTX has received approval to enter Dubai’s MVP for VARA. Earlier this year, FTX started a transfer procedure for its operational MVP license. The region’s cryptocurrency regulator, the Virtual Asset Regulatory Authority, has approved FTX Exchange FZE (FTX) to participate in Dubai’s “Minimum Viable Product” (MVP) program for Virtual Assets
Copper was planning to raise at least $3 billion. In May, Copper received Swiss regulatory approval. While bankruptcies continuously increase in the cryptocurrency market, the largest multinational bank in the UK, Barclays, intended to invest in Copper, one of the most well-known cryptocurrency custody firms in the fast-growing industry. According
Santander plans to provide its Brazilian clients with access to crypto trading. Santander has already made inroads with crypto in Latin America. Spanish banking giant Santander intends to start offering cryptocurrency trading to its clients in Brazil in the upcoming months. Mario Leao, CEO of Santander Brazil, announced this on
The recent tie-up will introduce Australian unlisted retail BTC, ETH, and FIL funds. Gemini would manage the three funds and will offer custodial services. The Sydney-based venture capital firm and Web 3.0 data storage provider, Holon Global Investments, recently announced a collaboration with the US cryptocurrency exchange platform, Gemini. According
The Turkish Finance Minister discussed with CZ, about blockchain and cryptocurrency. Last year, Turkish authorities fined Binance with 750,000 dollars. On Wednesday, the Turkish Finance Minister Nureddin Nebati, virtually connected with Changpeng Zhao, the CEO of the Binance exchange platform. As per the tweet from Nebati, the recent discussion with
