Klein Finance Announced the Completion of a Funding Round With Participation From KCC Chain and KuCoin-Ventures

Post Views: 356 PRESS RELEASE. Klein Finance, a stablecoin liquidity provider and exchange platform built on KCC (Kucoin Community Chain), announced the opening of its funding program. It has already received a multi-million dollars investment from KuCoin Ventures and KCC chain. Klein Finance is an efficient decentralized trading platform for digital assets built on…

Georgia to Unveil New Cryptocurrency Law by This Fall

Post Views: 290 Authorities in Georgia are now holding discussions with industry representatives to finalize a bill designed to regulate coin trading, among other crypto-related activities. The legislation will be presented to the Georgian society this fall at the latest, a top central bank official announced. The National Bank of Georgia (NBG) is fine-tuning…

Spanish Securities Regulator Orders Binance to Stop Offering Cryptocurrency Derivatives

Post Views: 294 The Spanish securities regulator, the CNMV, has ordered Binance to stop offering cryptocurrency derivative products to customers in the country. According to local media, the crypto exchange giant has followed the orders of the regulator, withdrawing these products from its customers in Spain. The purpose of the measure is ostensibly to protect…

Strong US Dollar Posts 5-Week High, Markets Price in a 75 bps Fed Rate Hike for June

Post Views: 294 While precious metals, stocks, and cryptocurrencies saw a significant downturn this week, the U.S. dollar tapped a 20-year high against the Japanese yen and a number of other currencies. The greenback has seen five weeks of consecutive gains following the Federal Reserve’s 50 basis point rate hike on Wednesday. That leaves a…

Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks

Post Views: 304 The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. The IMF has reportedly said the CAR’s recent decision…

California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3

Post Views: 298 California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor. The notice states: California becomes…

Crypto Industry Leader Bitcoin.com Secures $33.6 Million in VERSE Token Private Sale

Post Views: 304 On Wednesday, the leading crypto industry firm, Bitcoin.com, announced it has concluded a private sale of its VERSE token and secured $33,600,000 from strategic investors. VERSE is meant to bolster Bitcoin.com’s growing infrastructure by providing a utility token that rewards users for contributing to the Bitcoin.com ecosystem. Furthermore, well-known crypto pioneers and…

Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low

Post Views: 316 During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. ETC climbed to a one-week high…

Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions

Post Views: 333 Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. “It means our cards are no longer supported for…

Joe Rogan: Bitcoin Is Now a Viable Currency and the Government Is Freaking Out

Post Views: 320 Joe Rogan, the host of The Joe Rogan Experience, likens bitcoin to the early internet. Noting that now the cryptocurrency is “a viable form of currency” that “You can actually buy things with,” he said, “the government is freaking out.” Famous podcaster Joe Rogan, the host of The Joe Rogan Experience, talked…