Microstrategy lost $146M to Bitcoin impairment charges in Q4 2021
MicroStrategy, the fortune 500 company with a 125,051 Bitcoin (BTC)-strong treasury, announced its Q4 2021 financial results on Feb. 2. The…
Read more
Russia houses $200B worth of crypto, Kremlin estimates
Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates. A Bloomberg report noted that…
Read more
Bitcoin is a ‘superior form of money’
Fidelity, the multinational brokerage giant, released a paper on Bitcoin (BTC) titled Bitcoin First. The financial services provider calls for…
Read more
Binance user protection insurance fund reaches $1B valuation
Binance, the world’s leading crypto exchange by trading volume, announced its Secure Asset Fund for Users (SAFU) reached a $1…
Read more
Former BOJ official warns against use of digital yen in the financial sector
A former Bank of Japan (BOJ) official who reportedly headed the digital currency research is now advising against its use.…
Read more
Belgian MP becomes first European politician to accept salary in Bitcoin
Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became…
Read more
SEC reportedly probing crypto lending products by Gemini and Celsius
The United States Securities and Exchange Commission (SEC) is reportedly reviewing some of the high-yield crypto lending products offered by…
Read more
Thai regulators team up to issue guidelines on digital assets payments
The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) have come together…
Read more
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions
Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales.…
Read more
Bank of Korea completes first phase of digital currency pilot
The Bank of Korea has successfully completed the first phase of its central bank digital currency mock testing started in…
Read more