In a significant move for the cryptocurrency trading landscape, Bybit, one of the leading exchanges, has launched an Islamic crypto account tailored specifically for its Muslim clientele. This initiative represents a pioneering effort to align crypto trading with Islamic financial principles, addressing a long-overdue gap in the market. Announced on September 24, the account introduces
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With the rise of blockchain technology and cryptocurrency gaming, the platform Telegram is making notable strides in the realm of gaming through the popular title, Rocky Rabbit. Recently, the game saw a significant shift with the introduction of its RabBitcoin (RBTC) tokens, marking an exciting period for players and investors alike. Following the conclusion of
On October 2nd, Taiwan’s Financial Supervisory Commission (FSC) made significant strides in its regulatory framework by introducing updated Anti-Money Laundering (AML) guidelines aimed specifically at virtual asset service providers (VASPs). These measures underscore Taiwan’s commitment to enhancing the oversight of the rapidly evolving cryptocurrency sector, which has garnered both enthusiasm and skepticism from investors and
Opeyemi’s journey into the world of cryptocurrency is not one that many would have predicted. Initially veering towards different interests, he found himself irresistibly captivated by the digital asset industry over two years ago. This shift is emblematic of a growing trend where individuals from diverse backgrounds are immersing themselves in cryptocurrency due to its
In a significant turn of events for the cryptocurrency market, TrustToken and TrueCoin, the driving forces behind the TrueUSD (TUSD) stablecoin, have recently resolved their issues with the U.S. Securities and Exchange Commission (SEC). The companies reached a settlement after facing allegations of fraudulent practices and the unregistered sale of investment contracts. The SEC’s scrutiny
The US spot Bitcoin ETFs appear to have hit a turbulent patch lately, experiencing a significant reverse from a previously explosive growth in net inflows. Last week had started on a high note, with Bitcoin ETFs enjoying a remarkable influx of over $1.1 billion in net inflows over just five trading days. This surge had
Semilore Faleti’s journey into the world of cryptocurrency journalism is a compelling narrative about specialization in the expansive realm of digital finance. Initially navigating through various topics as a writer, he uncovered a profound interest in the complexities embedded within blockchain technologies and cryptocurrency ecosystems. This pivot towards focusing specifically on digital assets not only
In an astonishing development within the realm of non-fungible tokens (NFTs), a CryptoPunk NFT recently sold for an extraordinary $56.3 million, generating significant media attention and provocation among crypto enthusiasts and skeptics alike. The NFT in question, known as Punk 1563, features a pixelated woman with distinctive dark hair and blue eyes. This sale price
In a move that could redefine the landscape of public finance, Ohio State Senator Niraj Antani has proposed a groundbreaking piece of legislation aimed at legalizing cryptocurrency payments for state and local taxes. Introduced on September 30, this bill allows Ohioans to use digital assets, chiefly Bitcoin, to meet their financial obligations to both state
In a dynamic day for the cryptocurrency landscape, Bitcoin has once again demonstrated its powerful presence by rallying past the $62,000 mark. This establishment above a significant psychological threshold not only signals confidence among buyers but has also paved the way for altcoin recovery. Many marginally-capitalized altcoins have capitalized on this resurgence, with one emerging