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12 Apr 23

Bitfinex receives El Salvador’s first digital asset license

Bitfinex Securities El Salvador has become the first crypto company to be granted a digital assets license by the El Salvador government. Bitfinex achieves a new milestone with the El Salvador license In a blog post on April 11, 2023, Bitfinex Securities El Salvador received the license from El Salvador’s national digital asset commission, to […]

Risk Free Yield in Stablecoins3

22 Mar 23

a stable asset using staked MATIC

DeFi, a wing of finance powered by blockchain technology, is responsible for users earning high yields. The past few years have been instrumental in its rise as investors made huge returns, often higher than what traditional finance offers. That said, earning yields in DeFi also have inherent risks that amplify the inconveniences associated with the […]

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21 Mar 23

OKX’s most recent PoR reveals $8.9b in asset

Crypto exchange OKX has published its sixth proof-of-reserves (PoR) report. The company started this procedure in November 2022 with the intention of increasing the level of openness within the sector after the FTX collapse. OKX reportedly controls the network’s $8.9 billion in bitcoin (BTC) as of the most recent edition. The reserve ratios for bitcoin, […]

Legislation Regulation generic 2

26 Jan 23

White House wants feedback on digital asset policy

In its ongoing National Digital Assets Research and Development Agenda, the White House Office of Science and Technology Policy (OSTP) has gotten to a phase where it seeks feedback from individuals and organizations. Following the introduction of its comprehensive framework for the Responsible Development of Digital Assets, the OSTP acted on a presidential order to […]

Legislation Regulation generic 1

11 Jan 23

Argentina legislation may force citizens to declare their digital asset holdings

Argentina is set to introduce a new draft bill requiring citizens to declare their cryptocurrency holdings. Otherwise, they could face hefty tax penalties. Argentina’s new draft bill targets crypto assets The bill is meant to tighten the country’s anti-money laundering rules and will be presented to the Federal Administration of Public Revenues (AFIP) in the […]

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