Turkey sees surge in crypto license applications amid new regulations

Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges. 1385 Total views 35 Total shares Per a May 4 report from local outlet Mehr News, Iran’s new ‘Reforming Monetary and Banking Law’ has passed in parliament. The new law dictates…

Now that the initial hype surrounding blockchain applications and the prolonged blockchain “winter” that followed are left behind, we now find ourselves in the middle of a “spring” that is helping organizations reimagine how they deliver value. So much so that blockchain is expected to add $1.76 trillion to the global economy by 2030, according…

In every major litigation, there comes a moment when you realize it’s time to settle. A ruling doesn’t go your way, a juror gives your legal team the side eye, the judge makes it clear it’s time for a settlement conference. After Judge Analisa Torres’ decision in SEC v. Ripple, the time has come for…

Blockchain firm Lightning Labs drafted the specifications of a new Lightning Network-based authentication system that could replace traditional email-based accounts.According to a March 30 announcement, the Lightning Service Authentication Tokens (LSAT) is a new authentication protocol for paid services. The system issues Lightning-based tokens for users after they paid for the service in Bitcoin (BTC)…

On May 10, the United States House of Representatives Financial Services Committee and Agriculture Committee held their first joint hearing on digital asset regulation. The event felt like a logical continuation of another recent hearing where representatives lambasted Securities Exchange Commission Chair Gary Gensler for perceived regulatory overreach. The principal narrative, articulated by the hearing’s initiators,…

The roundtable event on crypto custody marked one of the first times Paul Atkins spoke as the new chair of the SEC since being sworn in on April 21. In one of his first appearances as the recently sworn-in chair of the US Securities and Exchange Commission, Paul Atkins delivered remarks to the agency’s third

Glassnode data reveals that the number of Ethereum addresses holding at least 32 ETH declined steadily in recent months. 1781 Total views 17 Total shares The number of Ethereum addresses that hold more than or equal to 32 Ether (ETH) is declining, pointing at a possible lack of interest among traders and investors to become…

The Quantum Economics founder says there was only ever a ‘loose correlation’ between crypto markets and the S&P 500 during the pandemic. Crypto analyst Mati Greenspan says the correlation between crypto assets and the S&P 500 has fallen significantly since the dramatic sell-offs in tandem early in the pandemic.In the Aug. 5 Quantum Economics newsletter,…