Some jurisdictions have mandatory regulations in place for BTC and crypto-related companies. For example, a law requires all crypto services companies and exchanges to have a financial license. Such laws are appropriate as more and more criminal activity and scams are rampant through the use of cryptocurrencies. As digital assets and crimes increase, many governments … Read more
Magic Eden, a Solana-based non-fungible token (NFT) platform, has surged in value following a new round of funding. Solana’s Magic Eden has raised an additional $130 million in a Series B funding round, bringing its valuation to $1.6 billion. This move is taking place despite a decline in the overall cryptocurrency market and NFT transactions, … Read more
On Friday, May 27, the big stock market Binance has received regulatory approval in Italy by registering as a cryptocurrency service provider. Registration was obtained from theOrganization Agenti e Mediatori (OAM) in accordance with the Italian law on the trading of crypto. The Italian government gives the green light at Binance A priori, the largest … Read more