The initiative seeks to bring clarity to the cryptocurrency industry in Colombia, which is currently in a gray area despite growing adoption. Proponents of the project have remarked on the need to define an institution to oversee these activities and establish rules for institutions to follow. Congress Seeks to Give Legal Status to Cryptocurrency Assets […] Source
Belarus is reportedly exploring cryptocurrency mining using surplus nuclear energy, following economic strategies pioneered by nations like Bhutan, according to a report by the Belarusian Telegraph Agency (BelTA). Surplus Electricity Could Fuel Belarusian Crypto Boom President Alexander Lukashenko has directed officials to explore cryptocurrency mining as a means to utilize the country’s surplus electricity, generated […] Source
Sanctioned Russian crypto exchange Garantex is announcing the suspension of its operations after Tether blocked its platform’s wallets. In a new Telegram announcement on Thursday, the Russian exchange says that Tether has blocked Garantex’s wallets, which contained over 2.5 billion rubles, about $28 million. “Dear users! We have bad news. Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles. We are temporarily suspending all services, including cryptocurrency withdrawals, while our entire team solves this problem. We are fighting and…
BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya BitMart’s Strategy & Growth | FMTalks with Ksenia Drobyshevskaya 🎙️ BitMart’s Strategy & Growth: Key Takeaways from the Podcast In this insightful conversation, Ksenia, Growth Lead at BitMart, shares her perspective on BitMart’s strategy, the latest crypto trends, and the exchange’s expansion efforts. Here are…
Tether, the largest stablecoin issuer, has immobilized roughly $28 million in USDT tokens on Garantex, a cryptocurrency platform based in Russia. This measure corresponds with the European Union’s sanctions against Garantex, which allege ties to Russian governmental entities and illicit networks, particularly amid Russia’s military operations in Ukraine. Garantex Warns Users: ‘All USDT in Russian […] Source
One artificial intelligence (AI)-focused altcoin is surging after going live on South Korea’s largest crypto exchange, Upbit. The information finance (InfoFi) protocol Kaito (KAITO), which is built on the Base network, soared by more than 45% amid the Upbit listing news. Kaito was trading at a low of $1.49, before surging to a high of $2.17. KAITO has since stabilized and is trading for $1.76 at time of writing. With a market cap of $426.8 million, the altcoin is the 168th largest crypto project. Last month, top US crypto exchange…
Stablecoin operator Tether has frozen $27 million in USDt on the sanctioned Russian Garantex crypto exchange, forcing the platform to halt operations. “Tether has entered the war against the Russian crypto market and blocked our wallets worth more than 2.5 billion rubles [$27 million],” Garantex wrote on its official announcement channel on Telegram on March 6. The exchange said it has temporarily suspended all services, including withdrawals, with its website currently under maintenance. The news comes shortly after the European Union sanctioned Garantex as part of the 16th package of…
Vietnam is taking significant steps to establish a regulatory framework for digital assets. Deputy Finance Minister Nguyen Duc Chi announced that the country will pilot a digital asset exchange in March. Vietnam Seeks to Align With Countries Embracing Crypto Vietnam’s Deputy Finance Minister Nguyen Duc Chi has announced that the country plans to pilot a […] Source
Crypto asset manager Bitwise has filed to list a spot Aptos exchange-traded fund in the US — a token created by a team led by two former Facebook (now Meta) employees in 2022. Bitwise filed an S-1 registration statement to list the Bitwise Aptos (APT) ETF on March 5, eight days after Bitwise indicated it would make such a filing when it registered a trust linked to the Aptos ETF in Delaware on Feb. 28. The Aptos filing adds to the list of altcoins currently in the line to win…
Cryptocurrency banking firm Sygnum is partnering with crypto derivatives exchange Deribit, providing its off-exchange custody platform, Sygnum Protect. On March 5, Sygnum announced the expansion of Sygnum Protect, its off-exchange custody platform, to include Deribit, one of the world’s largest derivatives exchanges in crypto. This integration enables institutional Deribit traders to hold their assets in Sygnum’s institutional-grade custody while accessing Deribit’s broad trading offering and liquidity. “This integration provides institutional traders with both the capabilities and security assurances they require to trade any of Deribit’s leading products comfortably,” Deribit CEO…