Articles

  • 2 months ago | cryptocompass.com | Altcoin Buzz

    Old Glory Bank recently decided to support financial freedom. It allows investors to buy shares using Bitcoin, Ethereum, Dogecoin, and other cryptocurrencies. The decision connects Bitcoin users to the Old Glory Bank while improving their accessibility to invest in the institution. How It WorksOld Glory Bank runs a Mini-IPO where investors can buy Class B voting shares at $7.00 per share. Traditionally, you’d need cash or bank transfers to invest in stocks.

  • 2 months ago | cryptocompass.com | Altcoin Buzz

    The suit was filed in the Southern District of New York (SDNY) on Thursday. It claims the platform earned nearly $500 million in fees. It alleges Pump.Fun enabled users to create and sell memecoins that should be classified as securities. Lawsuit Challenges Pump.Fun’s Role in Token IssuanceAt the heart of the lawsuit is a major question that has long dogged the crypto industry: When is a token considered a security?

  • 2 months ago | cryptocompass.com | Altcoin Buzz

    As part of its plans to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulation, Crypto.com has announced plans to delist stablecoin, USDT. USDT, launched by Tether, is the largest stablecoin by market cap. However, new policies from the European Securities and Markets Authority (ESMA) mandate exchanges like Crypto.com to delist stablecoins that fail to meet MiCA’s specifications. USDT isn’t the only stablecoin on the list of upcoming removals.

  • 2 months ago | cryptocompass.com | Altcoin Buzz

    This move will bring stablecoins to both Bitcoin’s base layer and its Lightning Network. This is made possible by a new Taproot-powered protocol called Taproot Assets, developed by Lightning Labs. By combining Bitcoin’s unmatched security with Lightning’s speed and scalability, this integration changes the game. It opens up new possibilities for stablecoins in the Bitcoin network.

  • 2 months ago | cryptocompass.com | Altcoin Buzz

    Lawmakers in El Salvador have adjusted the country’s Bitcoin policy to align with the conditions of a new deal with the International Monetary Fund (IMF). El Salvador secured a $1.4 billion loan from the IMF. However, the country’s leadership agreed to scale back its involvement with Bitcoin. Bitcoin Adoption Remains StrongAlthough BTC remains legal tender in El Salvador, the new law no longer mandates businesses to accept Bitcoin. Private merchants can opt whether or not to accept BTC.

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