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Argentina Regulator Outlines Plans to Police Crypto Exchanges
20.3.2024
The top Argentinian financial regulator says it plans to “supervise” the Latin American nation’s crypto service providers.
The post Argentina Regulator Outlines Plans to Police Crypto Exchanges appeared first on Cryptonews
Russian Government to Create Crypto Confiscation Platform
19.3.2024
The Russian government is planning to build a platform that will allow the nation’s law enforcement agencies to seize and hold crypto they confiscate from criminals.
The post Russian Government to Create Crypto Confiscation Platform appeared first on Cryptonews
Unraveling the Mystery: Qatar’s Role in the $3.3 Billion Bitcoin Investment Rumors
15.3.2024
Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nation may have already made the leap and purchased 50,000 BTC in a series...
Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy
15.3.2024
Russian lawmakers have criticized Moscow over its “failure” to regulate the crypto sector, claiming that inaction harms the nation’s economy.
The post Russian Lawmakers – Failure to Regulate Crypto Hurting Russian Economy appeared first on Cryptonews
Bitcoin Price Growth Could Continue, Says South Korean Analyst
14.3.2024
Bitcoin price growth could continue, a South Korean crypto analyst has predicted, as “crypto fever” slowly takes hold in the nation.
The post Bitcoin Price Growth Could Continue, Says South Korean Analyst appeared first on Cryptonews
Russian Crypto Regulation ‘May Have to Wait Until 2025’
13.3.2024
Russian crypto regulation may be delayed until 2025, as decision-makers in the nation prioritize other matters.
The post Russian Crypto Regulation ‘May Have to Wait Until 2025’ appeared first on Cryptonews
Sweden’s Central Bank Chief Cautions Against Bitcoin Integration Due to Speculative Nature
12.3.2024
Sweden's Central Bank Governor, Erik Thedeen, advocates for minimal Bitcoin adoption within the nation's financial system. He emphasizes concerns about Bitcoin's speculative valuation and potential investor losses.
The post Sweden’s Central Bank Chief Cautions Against Bitcoin Integration...
El Salvador May Become One of the World’s Richest Countries Due to Bitcoin Holdings
8.3.2024
El Salvador – one of the smallest and most densely populated countries in Central America – may eventually become one of the wealthiest countries in the world because of its Bitcoin holdings. For context, the country became the world’s first nation to accept Bitcoin as legal tender in September...
Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors
8.3.2024
Terra founder Do Kwon has been caught in a legal battle between the United States and South Korea over which nation gets to extradite the crypto mogul to their turf.
The post Do Kwon Extradition To South Korea Challenged Again By U.S. Prosecutors appeared first on Cryptonews
Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed” People’s Life Savings
4.3.2024
The price of Bitcoin (BTC) now trades at an all-time high against the Canadian dollar roughly seventeen months after the nation’s leader slammed digital currencies as an “irresponsible” investment.
The post Bitcoin Returns To All-Time High In Canadian Dollar After PM Said It “Destroyed”...
Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown
1.3.2024
The Nigerian government has imposed a staggering $10 billion fine on Binance as part of a crackdown on the platform in an effort to stabilize the nation's local currency.
The post Nigerian Authorities Slap Binance with $10 Billion Fine Amid Crypto Crackdown appeared first on Cryptonews
Coincheck Partners with Circle; USDC’s First Japan Listing Close?
28.2.2024
Circle, USDC’s issuer, has struck a partnership deal with Coincheck, one of Japan’s biggest crypto exchanges – with a view to securing the stablecoin’s first listing in the nation.
The post Coincheck Partners with Circle; USDC’s First Japan Listing Close? appeared first on Cryptonews
Citizens Open Over 29.16 Million Digital Yuan Wallets in Suzhou, China
27.2.2024
Suzhou, China, has reported that more than 29.16 million residents now have digital yuan wallets as the nation’s CBDC project continues to gather pace.
The post Citizens Open Over 29.16 Million Digital Yuan Wallets in Suzhou, China appeared first on Cryptonews
Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments
26.2.2024
Russian parliament members could this week approve legislation that will allow firms in the nation to use “digital financial assets” in the international payments space.
The post Russian Parliament Set to Approve Use of ‘Digital Assets’ in International Payments appeared first on Cryptonews
Switzerland Is Now ‘Home to 13 Crypto Unicorns’ – Report
21.2.2024
Crypto “unicorns” are springing up in Switzerland, with a recent report claiming the nation is now home to 13 token-related firms worth $1 billion or more.
The post Switzerland Is Now ‘Home to 13 Crypto Unicorns’ – Report appeared first on Cryptonews
Japanese Government Plans to Relax VC Crypto Investment Rules
19.2.2024
VC crypto investment rules could be relaxed in Japan, where the government plans to allow venture capital firms to invest in Web3 companies. Per an official release from the nation’s Ministry of Economy, Trade, and Industry, and the media outlet CoinPost, the cabinet has approved a move that could...
Ethiopia Explores Crypto Mining with New Hong Kong Data Center Deal
16.2.2024
Ethiopia has inked a memorandum of understanding with Data Centre Service, a subsidiary of Hong Kong’s West Data, to build a $250 million data mining infrastructure project in the country. Data centres provide the facilities to host large-scale Bitcoin mining operations. The East African...
51% Attacks on Bitcoin and Ethereum Networks Are Not Possible Due to Impractical Costs: Coin Metrics
16.2.2024
It is no longer viable for nation-states to destroy the Bitcoin (BTC) and Ethereum (ETH) networks through 51% attacks. According to the latest research from crypto intelligence firm Coin Metrics, the astronomical costs required to carry out such attacks make them impractical and unprofitable. A...
Argentina Tops Latin America in Stablecoin Purchases and Holdings: Report
13.2.2024
Argentina, a nation grappling with a severe economic crisis and a plunging peso, has emerged as the leading purchaser and holder of stablecoins in Latin America over the past six months, as per a report by Mexican-founded crypto exchange Bitso. Bitso’s recently published ‘Crypto...
Belarus CBDC ‘Will Let Nation Decentralize Cross-border Trade,’ 2026 Rollout Confirmed
8.2.2024
Belarus’ Central Bank thinks its new CBDC will let Minsk “decentralize cross-border trade,” and has earmarked a national rollout for 2026. Per ONT, the National Bank of Belarus (NBB)’s Deputy Head of Research and Strategic Development Mikhail Demidenko, said: “The [goal] is primarily...