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Ex-Head of Crypto Exchange Wex Released in Poland
1.1.2022
Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish...
Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm
1.1.2022
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with...
South Korean Lawmaker Says He Will Start Accepting Crypto Donations in the New Year
1.1.2022
Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to...
Indian taxman recovers $6.62M from WazirX for evading tax on commission
1.1.2022
Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions
Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge
31.12.2021
The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum
Kazakhstan Mulls Nuclear Power to Deal With Electricity Shortages Blamed on Crypto Miners
31.12.2021
The government in Kazakhstan is considering building a nuclear power plant to overcome an electricity deficit allegedly caused by the booming crypto mining industry. Problems with power supply are driving away miners that saw the Central Asian country as a new home when China recently cracked down...
SEC chair has a new senior adviser for crypto
30.12.2021
Corey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee
Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading
30.12.2021
Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan...
What were the biggest crypto outcomes of 2021? Experts Answer, Part 2
30.12.2021
What was the most important thing that happened within the crypto and blockchain space this year? How has it affected the whole industry?
MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto
30.12.2021
The company's holdings are valued at roughly $5.9 billion, representing more than $2.1 billion in gains since its initial purchase in August 2020
Bitcoin ‘died’ 45 times in 2021 as media still eager to post BTC obituaries
30.12.2021
438 Bitcoin obituaries have been counted since 2010, and the year 2017 still remains to account for most “deaths.”
Iran Allows Renewable Power Plants to Supply Crypto Miners With Electricity
30.12.2021
Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint...
Over 20,000 Bitcoin ATMs Installed in a Year
30.12.2021
The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available...
Investment Adviser Warns It’s a Mistake to Ignore Crypto Assets, Predicts Cryptocurrencies Will Outperform Equities
30.12.2021
Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint...
Coinone will stop withdrawals to unverified external wallets
29.12.2021
The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.”
Robinhood plans to launch beta crypto wallets in January as HOOD drops to $17
29.12.2021
The forthcoming crypto wallet will allow users to deposit and withdraw Bitcoin, Ether, Dogecoin and other tokens, the company said
Power Deficit Forces Crypto Miners to Leave Kazakhstan
29.12.2021
Electricity shortages have been dogging Kazakhstan’s booming crypto mining industry this year. A media report reveals that some miners, including some of those that moved in amid China’s crackdown on the sector, are now looking to relocate to destinations with a more stable energy...
An African Perspective on Why the World Needs Cryptocurrencies
29.12.2021
Rising cryptocurrency use in Africa over the past few years has not only shown that digital currencies are now a vital means of moving funds across borders and between people, but that cryptocurrencies are also an important means of accessing global markets for the financially excluded....
SEBI chief warns Indian mutual funds on investing in cryptocurrency offerings
29.12.2021
While the regulatory environment for cryptocurrencies in India is currently murky, the country has already witnessed an exponential rise in crypto popularity
Crypto makes history in 2021: Five instances of governments embracing digital assets
29.12.2021
While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation