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Number of Busted Illegal Crypto Mining Farms in Iran Nears 7,000

14.5.2022
Authorities in Iran have shut down close to 7,000 unauthorized facilities for cryptocurrency mining in the past two years, local media revealed. According to a report, most of the illegal bitcoin farms were concentrated in five provinces of the Islamic Republic, including Tehran. Iran Continues...

Report: Terra Founder Do Kwon’s Spouse Seeks Police Protection After the LUNA and UST Fallout

14.5.2022
Following the aftermath of the Terra blockchain tokens LUNA and UST losing significant value, reports indicate that the Terraform Labs founder Do Kwon’s apartment was visited by an unidentified person. Do Kwon’s spouse has requested protection from the Seongdong police in Seoul after...

American Financial Infidelity Report: 2 out of 5 Survey Respondents Hid Their Crypto Purchases

14.5.2022
A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner. The crypto-cheating partners believe disclosing the purchase would damage their relationship. Reasons for Not Disclosing Purchases...

Central Bank of Chile Studies Issuance of a Digital Currency

14.5.2022
The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency...

European Commission Has ‘Serious Doubts’ About Markets in Crypto Assets Draft, Report Reveals

13.5.2022
The European Commission disagrees with some provisions in the crypto regulatory proposal approved recently by the European Parliament. The executive arm in Brussels is unhappy with certain anti-money laundering measures, according to a media report quoting unofficial correspondence. European...

Report: UAE’s Emirates Airline Set to Use ‘Bitcoin as a Payment Service’

13.5.2022
One of the United Arab Emirates (UAE)’s leading airlines, Emirates Airline, said it has plans to add “bitcoin as a payment service.” The airline is planning to recruit personnel to create applications that monitor client needs. Two Different Applications and Approaches...

Crypto needs regulation but should be done right: Report and database

12.5.2022
The absence of a well-defined regulatory landscape sows uncertainty in the crypto industry. What should the regulators do to set things right?

6th Man Ventures Raises $145M for Crypto Fund: Report

12.5.2022
It’s the second fund for the venture capital firm led by The Block founder Mike Dudas

Report: Tanzania Closer to Launching a CBDC

12.5.2022
Tanzania is getting closer to launching a central bank digital currency (CBDC) which gives the country’s residents a “safe alternative,” the central bank governor has said. However, no date for the digital currency launch has been given. Growing Interest in Cryptocurrencies...

Leaked report: South Korea to establish crypto framework by 2024

12.5.2022
The effort will include issuing guidance for NFTs and ICOs, expanding infrastructure and supporting CBDC research

Why did Terra LUNA and UST crash? | Find out on The Market Report

11.5.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss the Terra ecosystem meltdown

FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report

11.5.2022
A clearer framework for how companies might account for crypto might pave the way greater adoption

Crypto Market Dives – and Rebounds – Following UST De-Peg, US Inflation Report

11.5.2022
Bitcoin (BTC), ethereum (ETH), and the broader crypto market experienced a sharp correction today after the terraUSD (UST) stablecoin collapsed, and an inflation report in the US revealed higher-than-expected price rises. However, prices later turned around, marking a strong recovery for...

Putin Obliges Election Candidates to Report Crypto Holdings Outside Russia

11.5.2022
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state. President Putin Requires Russian Officials...

VeChain Foundation unveils $1.2B crypto treasury… but spent just $4M in Q1

11.5.2022
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022

Coinbase CEO has ‘never been more bullish’ even after $430M Q1 loss

11.5.2022
“There are so many customers beating a path to our door that we have to have all hands on deck just to keep everything running,” Coinbase CEO Brian Armstrong explained on earnings call

Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added

11.5.2022
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means...