Search
With crypto mining banned in Iran, local authorities seize 7K rigs
22.6.2021
The police chief of Tehran said authorities had raided 50 locations across the Iranian capital in the last 48 hours, discovering 3,000 illegally operating crypto miners
Iran Seizes 7,000 Bitcoin Mining Machines
22.6.2021
Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting...
Portugal Begins Approving Cryptocurrency Exchanges — Two Licensed So Far
22.6.2021
Portugal now has two approved cryptocurrency exchanges. The country’s central bank, the Banco de Portugal, has licensed Mind the Coin and Criptoloja. In Portugal, the central bank is responsible for registering entities that intend to act as virtual asset service providers (VASPs). The bank...
Existing Indian law could impose 2% levy on crypto bought from offshore exchanges
22.6.2021
Existing law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market
CNBC host boldly reveals he sold his BTC amid depths of bear market
22.6.2021
CNBC’s Jim Cramer has sold off almost all of his BTC holdings, predicting bearish fundamentals will suppress Bitcoin’s price for the foreseeable future
South Korea Mulls Singapore-style Approach to Crypto Regulation
22.6.2021
Singapore. The South Korean financial regulator is looking to Singapore for inspiration as it forms new crypto sector policies, sparking anticipation that it may look to adopt a similar system.
Singapore is known for having one of the most progressive approaches to crypto regulation in the world...
Canadian regulator will hold hearing against Bybit for alleged violations of securities law
21.6.2021
The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.”
Malta’s ‘Wild West’ Approach: Regulators Claim $70 Billion in Crypto Passed Through ‘Blockchain Island’
21.6.2021
The island country of Malta in the Mediterranean Sea has been known to be friendly toward cryptocurrency solutions and blockchain technology for years now. According to a regional report, government sources say more than $70 billion moved through the country over past years while regulations were...
Zebpay will join organization proposing regulatory framework for crypto in India
21.6.2021
“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry," said Rameesh Kailasam
Banks fall in line as China’s central bank cracks down on crypto accounts
21.6.2021
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC's cue and work to stamp out its clients' crypto-related activities
Paraguayan Lawmaker to Present Bitcoin Legislation Next Month — Aims to Make Paraguay Global Crypto Hub
20.6.2021
A pro-bitcoin congressman in Paraguay says he will present bitcoin legislation in congress next month with the aim to make Paraguay a hub for cryptocurrency investors worldwide. His efforts follow El Salvador passing a bill making bitcoin legal tender. Paraguay Wants to Be Global Hub for Crypto...
Crypto Long & Short: The Market Says Bitcoin Is for Speculation, Not Dollarization
20.6.2021
Data from services on Bitcoin and Ethereum shows what's real in crypto adoption stories
How smart regulation can improve the future of blockchain
20.6.2021
Regulatory bodies must evolve with the markets they regulate, and when it comes to the crypto market, it becomes especially important
Revised Bill ‘On Virtual Assets’ Aims to Regulate Ukraine’s Crypto Space This Summer
20.6.2021
The Ukrainian parliament has released an updated version of the draft law “On Virtual Assets.” The revised bill requires exchanges to obtain government authorization, disclose their ownership and implement mandatory KYC procedures. The document has been criticized by regulators in Kyiv...
$3.6 Billion Crypto Heist: South African Bank Denies Business Relationship With Fraud Accused Africrypt
19.6.2021
According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company, Africrypt. FNB also insists it did not enable the investment company’s transactions which helped Africrypt’s...
Rugged, Regulation, Flak, Inflation and 20 Crypto Jokes
19.6.2021
In yet another eventful crypto week, BTC touched USD 40K, while Elon Musk sent a positive message and Taproot activation was confirmed, and Pantera CEO said that bitcoin was this cheap only 20% of its history. MicroStrategy said it had no specific target for their BTC holdings, while its CEO raised...
Officials in Sichuan Instruct Bitcoin Miners to Shut Down Operations: Report
18.6.2021
According to regional reports, bitcoin miners in Sichuan have been told by the Ya’an municipal government that they have until June 25 to shut down operations. Sichuan has been eyed closely in recent times as it’s estimated that a large demographic of miners are situated in the region....
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
18.6.2021
Russia needs to move to Bitcoin to provide a “real financial instrument enabling independence in foreign trade settlements,” Deripaska argued
'Crypto Bank Run' Shows Mark Cuban That DYOR Comes Before Regulation
18.6.2021
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
Amid the algorithmic stablecoin debate prompted by what decentralized finance (DeFi) protocol Iron Finance called "the world’s first large-scale crypto bank run," many in the Cryptoverse came down quite hard on Dallas Mavericks...
Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit
18.6.2021
In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that the liquidation application...