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South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law


  South Korea’s Constitutional Court has upheld a law that blocks gamers from buying and selling crypto and non-fungible tokens (NFTs) – and seeks to punish those trading video game-related coins and items.... Read More: South Korean Court Rejects Challenge to Strict Crypto, NFT Gaming Law

Islamic Scholar Says Digital Currency is Not a ‘Fictitious Currency’


An Islamic scholar, Irshad Ahmad Ijaz, has asserted that digital currency is not fake currency and that it should be legitimized once certain conditions are met. Ijaz’s viewpoint is echoed by other scholars that attended a seminar examining the status of digital currencies from...

Central Bank of Argentina Prepares New Regulations for Digital Wallets


The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...

Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault


The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military...

Kazakhstan Cracks Down on Illegal Mining, Busts 13 Crypto Farms


Authorities in Kazakhstan have gone after illegal crypto mining operations amid ongoing issues with electricity supply. Working together with law enforcement, the country’s energy ministry announced the closure of over a dozen facilities minting digital currencies. Government Shuts Down...

El Salvador’s Tourism Rises 30% After Bitcoin Became Legal Tender


El Salvador’s tourism has grown more than 30% after adopting bitcoin as legal tender, according to the country’s ministry of tourism. “Cryptocurrency multiplies the opportunities to do business with more partners anywhere in the world,” the Salvadoran government...

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