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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina
2.6.2021
Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate...
Bitcoin's rising popularity will lead to more regulation, says Riksbank
1.6.2021
Riksbank Governor Stefan Ingves says there's “good reason to believe” that more regulatory oversight of cryptocurrencies is in the pipeline
Bank account flows for South Korean crypto exchanges surge 40% since 2020
1.6.2021
Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter
Indian central bank clarifies regulations as local banks shun crypto
31.5.2021
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular
Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit
31.5.2021
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital...
Japanese watchdog issues warning to crypto derivatives exchange Bybit
31.5.2021
The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors
South Korean Financial Supervisory Service Tasked With Crypto Market Oversight
31.5.2021
The Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory...
Sichuan Energy Officials Plan to Meet in June to Discuss Bitcoin Mining Implications
31.5.2021
Ever since government officials in China started talking about cracking down on bitcoin mining and reiterating crypto guidelines from 2017, digital currency proponents and the media have been focused on this region. Just recently, a Chinese state-backed online publication revealed that the Sichuan...
Is crypto approaching its ‘Netscape moment?’
30.5.2021
The world of cryptocurrency shares a similar template to the emergence of the World Wide Web back in the 1990s
Ark Invest CEO Says Impossible to Shut Down Bitcoin — Regulators Will Become More Friendly Over Time
29.5.2021
The CEO of Ark Investment Management (Ark Invest), Cathie Wood, says regulators cannot shut down bitcoin. She added that they will become more friendly towards cryptocurrencies over time. Wood is not the only one who thinks that governments cannot shut down bitcoin. Regulators Cannot Shut Down...
Crypto firms not meeting AML standards, says UK minister
28.5.2021
Only five crypto firms have received FCA AML registration after the authority became the official money laundering supervisor for crypto businesses last year
Australian tax office: Report crypto profits or else
28.5.2021
The ATO said it already knows who is invested in cryptocurrencies and expects cooperation
Shutting down Bitcoin is impossible, Ark Investment founder says
28.5.2021
Multiple efforts to ban Bitcoin couldn't stop the largest cryptocurrency from becoming a $1 trillion asset earlier this year
Korean gov't clarifies crypto regulatory roles of different agencies
28.5.2021
After some confusion, South Korea's government has laid out which state and regulatory bodies are charged with the oversight of various aspects of crypto-related activities
Crypto will ‘come to life’ in Nigeria, central bank governor says
28.5.2021
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities
Number of Bitcoin wallets holding 100-1K BTC soars after Tesla's $1.5B buy-in
27.5.2021
New data shows a dramatic rise in the number of Bitcoin wallets holding anywhere between 100 BTC to 1,000 BTC, but there may be a catch
Hong Kongers use blockchain to save evidence of anti-authoritarian struggles
27.5.2021
Hong Kong citizens are using a blockchain system to fight back against the government's attempts to erase and overwrite the history of recent years' anti-authoritarian struggles
Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft
27.5.2021
A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some...
US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’
26.5.2021
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull...
Canadian regulators accuse crypto exchange of breaking securities law
26.5.2021
Canada’s OSC continues to take action against allegedly non-compliant cryptocurrency trading platforms after announcing new compliance measures in March