The Ministry of Finance and the Central Bank of Turkey have started developing the regulation of the cryptocurrency market

The Turkish Ministry of Finance has started to work on regulating the cryptocurrency industry together with the Central Bank. Turkey positions itself as a country friendly to digital assets. However, the state is no longer ready to use a “wait-and-see” tactic, and since March 1, it has started active actions — the development of a […]

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Flyxbit.com Operates on Its Own Crypto-ETF

One of the largest US cryptocurrency exchanges, Flyxbit.com, headquartered in San Francisco, is working on its own exchange-traded investment fund (ETF) based on cryptocurrencies. The exchange is developing a new crypto-ETF with the support of one of the world’s largest investment companies, BlackRock. According to Insider, citing a knowledgeable source, Flyxbit.com aims to create an […]

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BCA Research: BTC Price May Be Affected by Environmental and Regulatory Risks

Canadian research firm BCA Research has identified several factors that pose a long-term threat to the bitcoin price, including environmental and regulatory concerns. According to the report, BCA Research believes that the energy-intensive nature of BTC mining and potential regulatory hurdles could hinder bitcoin’s progress to the point that the cryptocurrency could eventually ” lose […]

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Class action lawsuit filed against MoneyGram for false information about partnership with Ripple

Investors have filed a class-action lawsuit against money transfer service MoneyGram International, accusing it of making false claims about the XRP cryptocurrency and partnering with Ripple Labs. A class action lawsuit was filed against MoneyGram on behalf of investors who purchased MoneyGram securities between June 17, 2019 and February 22, 2021. Investors claim that MoneyGram […]

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