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In this article, we will provide an overview of legislative projects or new regulatory trends in relation to Bitcoin and other cryptocurrencies. FRANCE: The First public auction of NFT As foreseen, the legal bill aimed at amending Article L.320-1 paragraph 1 in the Commercial Code so as to include public auctions of “certain intangible assets”,

Ukrainian government cancels crypto airdrops in favor of NFTs 

Ukrainian officials canceled their plan to host a crypto airdrop to raise funds to fight Russia’s invasion on Thursday. According to the authorities, they intend to sell non-fungible tokens (NFTs) to support the armed forces. According to Ukrainian Vice Premier Mykhailo Fedorov, the country has canceled the airdrop for crypto donations announced on Tuesday and

Keep an eye on these top three tokens: BTC, LTC, and DOT

There have been wild price fluctuations in the digital currency ecosystem this week. In the seven days preceding this weekend, the global crypto market capitalization fell to $1.71 trillion. As a result of the current market volatility, digital assets are reaching new highs, with the market capitalization crossing the legendary $2 trillion before the weekend

Experts do not believe that Bitcoin will reach $100K in 2022

Despite the significant drop in the price of Bitcoin last year, the cryptocurrency is now on a recovery path. It is currently hovering around $37,800, gaining nearly 4% in the past 24 hours. Although it is yet to breach the crucial support level of $4000, the Bitcoin Fear & Greed Index has stabilized at 24

UAE to pursue VSP licenses by the end of the year

UAE plans to license virtual asset service providers (VASPs) by Q1 2022 in a bid to become a global crypto hub.  A series of legislative amendments are being prepared by the Securities and Commodities Authority (SCA) to set up VASPs.  With the race to become a preferred crypto destination gaining steam, this is deemed a

Rare ‘Alien’ CryptoPunk NFT Sells for $2.3 Million in ETH

An ardent non-fungible token (NFT) collector and Ethereum (ETH) user made history by paying USD $23 million for a CryptoPunk token, the most fee ever paid for an item in the so-called “OG” collection. On Saturday, the item, CryptoPunk #5822, was sold to Deepak Thapliyal, the CEO of Chain, a blockchain startup. Thapliyal revealed on

Google Cloud Launches New Crypto-mining Malware Countermeasures

Customers of the Google Cloud Platform will now be protected against crypto-mining malware as a result of a new threat detection technology developed by Google. Because of an increasing amount of attacks, such as cryptocurrency mining, data espionage, and ransomware, Google Cloud Platform has developed the new Virtual Machine Threat Detection function to help protect

Market overcorrection – Whales prepare for bigger moves?

CHINA CRACKS DOWN ON CRYPTO SERVICES The crypto market experienced a retracement of 50 percent at the end of April. Expected volatility after a peak of $2.6 trillion mid-way in the month. Market conditions during the week had Bitcoin (BTC-USD pair) below $40,000 (£28,195) trading 4.9% lower to $36,708. Ethereum (ETH-USD pair) pulled back 7%

Decentralized Communication: Deco (New Era Powered by the G999 Blockchain)

GS Telecom (Powered by G999) We encrypt, store, and transfer! New Next-Generation Blockchain - Decentralized Communication (Deco) infrastructure powered and secured by 4000 locked-in Masternodes and latest Proof-of-stake (PoS) technology. This architecture allows for an ecosystem of networking resources and hardware resources, building a network server capable of hosting DApps (decentralized applications). Currently, the leader

Capital gains: Big Investment Move into Crypto (Investor Seek Higher Yields)

Capital Gains Tax Biden Administration? The rise of US long-term bond yields explains the underperformance of emerging equities (-1.7% for the MSCI Emerging index in dollars). With investors seeking better returns adoption of Bitcoin ETFs and crypto company listings (IPOs) gain increasing attraction. The MSCI Emerging Markets Index captures large and mid-cap representation across 27