Despite growing pressure from regulators, Binance has continued to expand its operations. Following a partnership with crypto-fiat hybrid payment platform Alchemy Pay, Binance Pay users can now pay millions of merchants with crypto. Alchemy Pay will allow peer-to-peer crypto transactions across over 2 million global merchants via the Binance Pay
Global payments giant Mastercard has partnered with cryptocurrency exchange CoinJar to launch the first payment card that supports digital currencies in Australia. The CoinJar Mastercard is aimed at making digital asset services accessible to mainstream users. The card, which will operate wherever Mastercard is accepted, allows users to select the
Russian crypto users are expected to come under tighter regulatory scrutiny following a move by the country’s Federal Service for Financial Monitoring (Rosfinmonitoring) to create a module for keeping tabs on cryptocurrency transactions. According to local news outlet RBC.ru, the financial intelligence agency has selected a contractor to
Opinions
In 2021, impact investing became something of a big trend going beyond $700 billion. Climate change, the recent pandemic chaos, escalating world poverty together with worsening economic conditions forced people to think of the future we are heading to and thus, become more conscious of the effect our acts and
News
Investors with €100 now have the opportunity to benefit from the pre-IPO market. On June 26th the new era of venture investment started as Raison app users received their return from Airbnb pre-IPO units. This is the first time ever when micro investors with an entry ticket of €100 participated
Analysis
New initiatives are required to introduce more people to blockchain technology and cryptocurrencies. Trade Fighter is an intriguing addition, as it offers gains of up to 97% through a gamified crypto asset price prediction platform. Furthermore, all users need to use their skills to predict the future price direction of
Following its listing on Pancakeswap, blockchain-based fintech company ShuttleOne has rolled out its monthly reward liquidity program. The move incentivizes liquidity providers who participate in the ShuttleOne network. Launched in September 2020, ShuttleOne Network provides a decentralized digital lending and remittance services to SMEs in Southeast Asia. The platform enables
The United States Securities and Exchange Commission (SEC) has called for fresh regulations that extend beyond crypto exchange-traded funds (ETFs) and token offerings. In an interview with Bloomberg, SEC chair Gary Gensler expressed the desire of the financial watchdog to implement safety measures that secure crypto investors in the U.
One of the largest financial institutions in the world has voiced its support for El Salvador’s move to adopt Bitcoin as legal tender. The Bank of America gave a number of reasons why the decision could be beneficial to the Central American country in a recently published research footnote.
Opinions
Blockchain technology emerged relatively recently, in 2009, with the launch of the first cryptocurrency, the Bitcoin. This had a huge impact as Bitcoin offered a real alternative to fiat money. Decentralization, which is one of its key solutions, helped to eliminate all sorts of intermediaries necessary for traditional transactions with
Investment firm SkyBridge Capital has purchased approximately 38,436 tons of carbon credits from Moss.Earth, a climate tech company focused on environmental services. For some context, a carbon credit is a tradable permit or certificate that provides the holder of the credit the right to emit one ton of
Pat Toomey, a member of the U.S. Senate Banking, has issued a press release through the Committee urging Congress not to approve the new cryptocurrency tax schemes in the infrastructure bill. In the August 2nd statement, the Pennsylvania Senator advised that a decision should be properly considered, along with
According to Glassnode’s August 2 “The Week on-Chain” report, Bitcoin withdrawals from centralized exchanges have climbed to record levels over the past week. The on-chain analytics firm revealed that 40,000 Bitcoins were withdrawn from exchanges in the past seven days. This raises the monthly outflow to 100,000
South Korea’s Financial Services Commission (FSC) is expected to shut down at least 11 crypto exchanges following allegations of illegal activities and fraudulent collective accounts. According to local news agency The South Korea Herald, several mid-sized crypto exchanges have failed to obtain approval from the country’s top financial
The Saudi Arabian Oil Company, Saudi Aramco, has denied claims linking it with Bitcoin mining activities. The biggest oil explorer in Saudi Arabia caught the attention of crypto enthusiasts last year when it invested $5 million in Vakt, a blockchain-based oil trading company, in a move to help digitize and
News
Bitcoin’s latest rally has been cut shut amid growing concerns trailing the potential impact of the new U.S. Infrastructure bill. For several weeks, the world’s largest cryptocurrency struggled to stay above $30,000. However, as BTC PEERS reported, Bitcoin pulled a rather miraculous recovery and surpassed the