France is on the verge of implementing a new law that will require all cryptocurrency-related businesses to obtain a license to operate in the country. The law, which has been the subject of intense debate, is considered one of the strictest in Europe in terms of regulating cryptocurrencies.
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Coinbase adds support for trading the euro-c stablecoin
Coinbase, one of the largest cryptocurrency exchanges in the world, recently announced that it now supports trading and transacting the euro-pegged stablecoin euro-c on its platform.
The digital currency, which is backed by the euro and…
Mastercard launches Web3 card for cryptocurrency payments
Payments on the Web3, with cryptocurrencies, in the real world and the metaverse, are made possible by a partnership between Mastercard and Immersve.
Mastercard reported that the new product constitutes the most decentralized digital…
Circle CEO says SEC is not the appropriate regulator for stablecoins
Jeremy Allaire, CEO of Circle, one of the leading cryptocurrency companies in the United States, expressed his opinion on the regulation of stablecoins by the United States Securities and Exchange Commission (SEC).
Allaire believes that…
Coinbase surpasses Q4 2022 revenue expectations
Coinbase, one of the world's largest cryptocurrency platforms, beat fourth-quarter 2022 revenue expectations, despite falling transaction volume.
The company reported revenue of $1.86 billion, beating the estimates of analysts, who had…
VTB Bank of Russia will test the digital ruble among its employees
Russia, a country with a restrictive stance on the use of cryptocurrencies, will test digital ruble transactions internally at VTB Bank this year.
The financial institution, one of the main ones in the country, issued the announcement this…
Brazil authorizes payment of taxes with cryptocurrencies
The ease provided by cryptocurrencies when carrying out any transaction encourages Banco do Brazil to implement state tax payments with this modality.
The financial entity, one of the most important in the hands of the Brazilian…
UK takes action against cryptocurrency ATMs
UK regulators are cracking down on cryptocurrency ATMs across the country, in a bid to prevent fraud and protect consumers. ATMs allow users to buy and sell digital currencies for cash.
However, the Financial Conduct Authority (FCA)…
El Salvador will create a Bitcoin Embassy in the US
The government of El Salvador announced that it is going to create a Bitcoin Embassy in the United States. The objective of this embassy is to encourage the use and adoption of cryptocurrencies, and help the Salvadoran economy through…
European Union asks banks to limit their exposure to Bitcoin
The European Union (EU) sent out a recommendation for banks to limit their exposure to Bitcoin and other cryptocurrencies.
This measure is part of the EU's efforts to address the risks associated with cryptocurrencies and protect…
Elon Musk appoints a “puppy” as Twitter CEO
Tesla CEO and cryptocurrency advocate Elon Musk once again caused a stir in the cryptocurrency world by naming his own "puppy" as CEO of Twitter in his bio on the social network.
The move led to a rise in the price of Dogecoin (DOGE) and…
Coin Cloud ATM company files for bankruptcy
The company Coin Cloud, operator of cryptocurrency ATMs, announced that it is filing for bankruptcy, according to Chapter 11 of the United States Bankruptcy Law.
Coin Cloud currently operates some 4,000 bitcoin ATMs in this country and in…