Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries

The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns With the European AMLD5 Policies According to the decree published in the state official newsletter, Spanish laws now follow the directive 2018/843, commonly known as AMLD5. Specifically, crypto exchanges and custodial firms must share customers’ data with the whole European bloc. That said, domestic crypto businesses should be registered with Spain’s…

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Bitcoin Depot Deploys Over 350 ATMs in the US, Global Number Exceeds 19,000

Cryptocurrency ATM operator Bitcoin Depot has launched 355 new teller machines across the United States. The announcement comes as the number of ATM locations supporting crypto-fiat exchange now exceeds 19,000 globally. US Company Bitcoin Depot Expands ATM Coverage in 40 States Bitcoin Depot, which runs a growing network of crypto teller machines in the U.S., has added 355 new kiosks only in the past month. In March, it announced the launch of 115. Its ATMs allow registered users with a wallet to acquire cryptocurrency. For amounts of less than $250,…

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ASSEMBLE Protocol (ASM) Is Now Supported on Coinbase Custody

PRESS RELEASE. The leading blockchain-based global point integration platform, ASSEMBLE Protocol has announced that its utility token ASM has been added to Coinbase Custody. This means that ASM will receive a cold-storage custody solution from one of the largest custodians in the crypto sphere, Coinbase Custody. Coinbase Custody to provide cold-storage custody support for ASM The support of the ASM on Coinbase Custody has been officially confirmed by the Coinbase Institutional on 3rd May 5 PM PDT, that has been revealed in their Twitter handle. According to their tweet, Coinbase…

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Avalanche Web Wallet Stalls For 6 Hours After Avalaunch Airdrop Snapshot

The Avalanche cryptocurrency, the first cryptocurrency ever to implement the Avalanche consensus, experienced an outage of service yesterday when its web wallet presented an outage that lasted for six hours. This was the consequence of severe congestion due to an airdrop carried out by AvaLaunch, leaving users without control of their funds for this period. Avalanche Web Wallet Stalls After Avalaunch Airdrop The Avalanche Web Web Wallet, the official wallet for the AVAX cryptocurrency, experienced an outage yesterday that left customers without control of their tokens for six hours. According…

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Digital Yuan Launch Draws Near: JD.com Employees Paid in e-CNY, Tencent, Ant, Mastercard Engage With PBoC

China, the world’s most populous country, has jumped leaps and bounds in comparison to a great number of other countries when it comes to the creation of a central bank digital currency. As each day passes, China’s digital yuan is seemingly getting closer to large-scale adoption, as big-name corporations like the e-commerce giant JD.com, Mastercard, Ant Group, and Tencent have been bolstering the venture. China’s Digital Yuan Is Seemingly Near Completion, JD.com Employees Paid in e-CNY China’s central bank digital currency (CBDC) that’s being crafted by the People’s Bank of…

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S&P Launches Bitcoin, Ethereum, and ‘Crypto Mega Cap’ Indices

S&P Global, the parent company of S&P Dow Jones Indices, has launched three cryptocurrency indices. One tracks the performance of bitcoin, another tracks the performance of ethereum, and the third measures the performance of both bitcoin and ether. 3 Crypto Indices Launched by S&P Global S&P Global, the parent company of S&P Dow Jones Indices LLC, launched “The S&P Digital Market Indices” on Monday. The index series include the S&P Bitcoin Index, the S&P Ethereum Index, and the S&P Crypto Mega Cap Index. The ticker symbols for the three are…

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The $70B Meme Coin Market: Dogecoin Skyrockets Past a Half Dollar, DOGE Market Cap Eats Into BTC Dominance

The popular meme-based crypto-asset dogecoin has seen incredible gains during the last 24 hours jumping over 40% since yesterday. After just recently capturing a $50 billion market valuation, Dogecoin’s market cap now exceeds $71 billion. Moreover, the meme-coin has been eating away at bitcoin’s market dominance, as dogecoin captures 3% of the entire crypto-economy at the time of publication. Can’t Keep a Good Dog Down Dogecoin continues to rise higher as the crypto asset DOGE has touched an all-time high on Tuesday reaching $0.57 per unit. Dogecoin is up over…

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Top Auction House Sotheby’s to Accept Cryptocurrencies via Coinbase for Physical Art

Sotheby’s, the world’s largest auction house, will start accepting cryptocurrencies for physical art. The first auction for which bitcoin and ether will be accepted is Banksy’s Love is in the Air image at the Contemporary Art Evening Auction. The piece is estimated to sell for between $3 million and $5 million. Sotheby’s Accepts Bitcoin and Ether Sotheby’s announced Tuesday that it will start accepting cryptocurrency via Coinbase. According to the auction house, this is the first time cryptocurrencies will be accepted for payments for physical art. Established in 1744, Sotheby’s…

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ECB Deepens Analysis of Digital Euro, Decision Expected by Mid-Year, VP Confirms

Faced with challenges on many fronts, the European Central Bank is now deepening the analysis of how to digitalize its currency. A decision on whether to issue a digital euro, which has the potential to become a major CBDC, is expected around mid-2021, a high-ranking official of the central bank has confirmed. Eurozone’s Central Bank to Decide on the Digital Euro Project Within Months Occupied with planning a “cautious exit” from the social, economic and health emergency forced upon the European Union by the Covid-19 crisis, the ECB is also…

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Award-Winning Carbon Broker to Assist XELS With Offset Procurement and Strategy

PRESS RELEASE. Redshaw Advisors will support XELS mission of increasing participation in carbon markets in Japan and beyond. Tokyo, Japan — XELS, a revolutionary blockchain-based carbon offset platform has announced that it has joined forces with renowned carbon brokerage and risk management firm Redshaw Advisors. Under the collaboration, Redshaw Advisors will provide strategic advisory, consulting, and procurement of carbon credits for XELS. Immutable Carbon Offsets Initially focused on the voluntary carbon credit segment, XELS launched its blockchain platform and eponymous digital asset earlier this month. The startup’s tokenized offset credits,…

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