Crypto News

Breaking: Switzerland’s Financial Regulator Approves First Ever Crypto Fund
Switzerland’s financial watchdog Financial Market Supervisory Authority (FINMA) on Wednesday approved the country’s first-ever dedicated crypto fund. The new crypto fund would be called the Crypto Market Index Fund FINMA has categorized the crypto fund under “other funds for alternative investments.”

Thailand’s tourism authority is considering creating its own utility token
The Tourism Authority of Thailand (TAT) is considering creating its own utility token to capitalize on the growing popularity of cryptocurrencies.

Opposition mounts to Biden’s OCC pick, fears she could ‘regulate crypto into oblivion'
Resistance is mounting to U.S. President Joe Biden’s reported plans to tap a staunch banking and crypto critic to run the Office of the Comptroller of the Currency (OCC).

Polygon (MATIC) Surpasses Ethereum’s Daily Active Addresses for the First Time In History
Ethereum scalability solution and blockchain platform, Polygon (MATIC), has touched an important milestone today. For the first time in history, the total number of daily active addresses on Polygon has surpassed that on Ethereum. Polygon co-founder Mihailo Bjelic twitted earlier today

Kraken Faces $1.25 Million Fine From CFTC
Kraken has been fined by the U.S. Commodity Futures Trading Commission, according to a statement from the regulator.

36% of South Africans Are Keen To Invest in Cryptocurrencies, KLA Reports
Cryptocurrency growth is spread across the globe. Conversations revolving around cryptocurrency investment are commonplace. It is not uncommon to hear people delve into the topic at parties or offices.

BTC price reclaims $42K as infrastructure bill vote, monthly close loom for Bitcoin
Limp Bitcoin price action precedes two potential watershed moments on lower timeframes as September draws to a close.

Elon Musk: 'It's Not Possible to Destroy Crypto' But Governments Can Slow It Down
Elon Musk, CEO of Tesla and SpaceX, said the U.S. government should “do nothing” when regulating the crypto space.

Is the Crypto Market Getting Ready for a Big Dip?
As the crypto market is showing bearish signs, traders and investors are once again showing uncertainty. Every time that the market shows the slightest dip, the crypto community panics in fear of their finances falling.