Cryptocurrency regulation in Brazil is poised to become law at midnight local time.

Demand for new ways of value storage is often connected to economic happenings and times of crisis. In recent years, many people have been turning to cryptocurrency to counter hyperinflation and thus, loss of currency value. Nevertheless, global players with strong economies are still often seen at the forefront of cryptocurrency adoption.

Uniswap has partnered with fintech company Moonpay to allow users to buy cryptocurrency on its web app using debit cards, credit cards, and bank transfers.

The use of mixers and tumblers in various illicit activities such as money laundering and hacks is rapidly increasing.

Cryptocurrency trading firm Auros Global, which reportedly suffered a $20 million dollar exposure in the FTX collapse, has released a statement saying it plans to resume regular operations after implementing a restructuring plan. 

After just 1.6 years of trade, South Africa’s first and only utility Crypto asset is seeing increased acceptance.

The limiting or “asymptotic” result of such an evolutionary trend would be in effect “ideal money”

U.S. Senator Pat Toomey says illegal actions by crypto exchange FTX must be separated “from perfectly lawful and innovative cryptocurrencies.” 

Even though the cryptocurrency sector has been going through a difficult year, the challenges haven’t managed to scare off high net worth investors, who continue to show interest in access to the novel asset class, a new study has shown.

Hervé Maurey, a member of the Senate’s influential finance commission, has proposed an amendment to legislation to eliminate a clause that would enable registered cryptocurrency companies to operate domestically without a full regulatory licence until 2026.