The European Union set a deadline for its 27 member states to implement bespoke rules for crypto by December 30. What to know: MoonPay, BitStaete, FinTech ZBD and Hidden Road attained a coveted Markets in Crypto Assets license from The…
Layer-1 blockchain MANTRA announced on Thursday a $1 billion partnership with the UAE-based DAMAC Group to tokenize real-world assets (RWA) in the Middle East. DAMAC Group plans to tokenize assets worth $1 billion using the MANTRA blockchain. “This partnership with…
The Louisiana Republican is considered a strong supporter of the crypto industry. Rep. Mike Johnson (R-Louisiana) will get to keep the big gavel after his fellow Republicans voted to re-elect him House Speaker on Friday afternoon. Johnson, who has been…
The top Brazilian financial regulator has announced a plan to reform the nation’s crypto tax laws. In an official release from the Receita Federal (RF), the regulator said it would change the way it taxes crypto trading profits in “the…
Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion What to know: Do Kwon pleaded not guilty to charges of fraud following his extradition to the U.S. on Tuesday. Kwon's…
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22…