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South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss
4.1.2023
South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.
Per TVChosun, a branch of the Seoul Central District Court acquitted Lee Jung-hoon on fraud charges. Lee had been accused of wrongdoing in a case dating...
Israeli securities regulator moves to establish crypto legal framework
4.1.2023
After tasking multiple committees over the years, the Israeli Authority is ready for public comment on its proposal of crypto legal framework
Iranian Courts Order Return of Thousands of Seized Crypto Mining Machines: Reports
4.1.2023
The country has been cracking down on mining to deal with power shortages
World Economic Forum Believes Crypto Will Remain Key Technology
4.1.2023
The World Economic Forum (WEF) has reviewed what happened in 2022 in crypto, making several predictions about the future of the ecosystem. Dante Disparte, CSO of Circle, in an article published for the WEF, states that while 2022 has been a terrible year, the building blocks of the industry will...
Indonesia to launch national crypto exchange in 2023: Report
4.1.2023
The platform comes as a part of the plan to shift the regulatory oversight from the commodities agency to the securities authority
Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules: Research Study
4.1.2023
A research study found that Indians moved more than $3.8 billion in cumulative trading volume from local to international crypto exchanges after the nation announced stiff crypto tax rules last year
Iran court orders the release of seized crypto mining equipment
4.1.2023
Judicial rulings require Iranian authorities to release a part of the 150,000 crypto mining equipment previously seized due to energy concerns
Federal Bank agencies alert Banks & issue crypto-asset risk highlights
4.1.2023
Through an official joint statement, the Federal bank regulatory agencies happened to have cautioned the banking institutions against the key areas involving high-risk factors where the crypto assets are concerned. The entire focus has been on the baking institutions actively involved in crypto...
'Binance is the crypto market': Arcane crowns the exchange 2022's winner
4.1.2023
Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022
100 crypto lobbyists prepare for the fight of their lives as Congress resumes
4.1.2023
Battle lines are being drawn over crypto in Congress but industry executives remain optimistic
Executive Linked to Crypto Exchange Bithumb Found Dead Outside His Home: Report
4.1.2023
An executive of the largest shareholder of cryptocurrency exchange Bithumb was found dead outside his home. He allegedly committed suicide by jumping off a building while under investigation by Korean prosecutors for embezzlement and stock market manipulation. Executive Found Dead Amid...
Indian Government Launching Crypto Awareness Campaign
4.1.2023
The government of India is launching a crypto awareness campaign that will educate investors about the legality of cryptocurrencies in the country while highlighting the risks of investing in crypto assets. Indian Government’s Cryptocurrency Awareness Campaign The Indian government...
Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets
4.1.2023
The Israel Securities Authority proposed new legal definitions for digital assets that would formally establish their government supervision – most frequently as securities
Core Scientific to Shut Down Celsius Crypto Mining Equipment
4.1.2023
The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is losing it $2 million per month
Robert Kiyosaki Predicts Gold Price Soaring to $3,800 While Silver Rises to $75 in 2023
4.1.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that the price of gold will soar to $3,800 this year while silver will hit $75. He also shared why he became “a gold bug” and “a silver nut.” Robert Kiyosaki’s 2023 Gold...
Ripple CEO optimistic about US 'regulatory clarity for crypto'
4.1.2023
Support for cryptocurrency regulation in the United States is “bipartisan & bicameral” according to Ripple CEO Brad Garlinghouse
Crypto adoption in 2022: What events moved the industry forward?
4.1.2023
While the crypto market in 2022 was hit by a slew of insolvencies and daily volatility, adoption seems to have continued apace on the global level
Iran Returns Seized Crypto Mining Equipment to Miners
3.1.2023
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages....
US federal agencies release joint statement on crypto asset risks and safe practices
3.1.2023
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks
Crypto Markets Start Year on Positive Note After Horrendous 2022
3.1.2023
The governance token of the Lido decentralized autonomous organization surged 26% so far in 2023, surpassing bitcoin and ether’s performance. 142 assets of 163 assets in the CoinDesk Market Index are trading higher in the new year