DeFi

The OECD is working on new regulations to prevent crypto from being used to hide assets from the taxman.

The Federal Reserve is considering establishing a CBDC in the same way that other countries have, and bankers worry that this is a risky concept.

Despite the conventional financial world's apparent distaste for the industry, cryptocurrency has grabbed center stage at the World Economic Forum's annual conference in Davos.

Kwon went against his original intention and publicly disclosed a burn location for LUNA on May 21 in response to constant requests from the Terra community.

According to Nicky Chalabi of Near Foundation, projects like Tracer seek congruence with the ecosystem's basic ideals in order to assist the company's plan in the future.

Bitcoin and ether, according to the chairman of the US Commodity Futures Trading Commission (CFTC), are commodities. He described how his organization is collaborating with the Securities and Exchange Commission (SEC) to regulate the crypto industry, emphasizing that 'there are no client protections in the crypto market right now.'

Residents of Qatar can now purchase and sell cryptocurrencies on Coinmena's platform, according to the Bahrain-based cryptocurrency exchange. The cryptocurrency exchange claims to be the first licensed digital asset exchange to make its platform available to Qataris.

TAG Heuer, a luxury watchmaker, has announced that consumers in the United States will be able to make bitcoin payments online. Through a partnership with cryptocurrency payment processor Bitpay, the Swiss company offers the new payment option.

Arthur Hayes, co-founder of Bitmex, will not go to prison for breaking the US Bank Secrecy Act. Instead, the former CEO of a cryptocurrency exchange was sentenced to 'six months of house arrest and two years of probation.' Hayes has agreed to pay a $10 million penalty.