Korean Authorities Confiscate $1.48 Billion from Illicit Foreign Crypto Transactions
Shelly Melancon (Switzerland)In line with its ban policy on foreign crypto transactions, South Korea has seized $1.48 billion that was the proceeds…
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Stablecoin
China’s Crypto Crackdown May Extend To Stablecoin
A top executive from the People's Bank of China (PBoC) has revealed that the apex bank is deeply concerned that…
Iran Suspends Energy Exports Due to Mining And Hot Climate
Iran has halted energy exports as crypto mining operations increase and the climate condition changes. The Arab country became attractive…
Russian Authorities Propose Legal Provision To Seize Crypto
How long before the regulatory heat turned on against cryptocurrencies in most countries dies down? With the way things have…
Binance to Face Class Lawsuit from Futures Traders
Binance may be the subject of a lawsuit from a blockchain firm in Switzerland and Lexia Avvocati, a law firm…
Decentralized Finance: Black Sheep of 2020 and 2021 Market Downturn
Despite the crypto market crash in March 2020 and May 2021, the world of decentralized finance has managed to stay…
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Bitcoin Mining Difficulty Reduces by 28%: Biggest Drop Ever
Bitcoin mining difficulty has fallen by 28% giving rise to speculations about a long ride before the anticipated bullish trend…
BMC’s Report Highlights Sustainability As its Mission
The Bitcoin Mining Council (BMC) has released a report detailing the results of a survey conducted across the crypto mining…
New Indian Law to Impose 18% Tax on Foreign Crypto Exchanges
In a new development, Indian financial authorities have revealed that foreign crypto exchanges with a customer base in the country…
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Michael Saylor Says Ousting BTC Miners Was A Trillion-Dollar Mistake Made By China
Michael Saylor, the CEO of MicroStrategy, argued that China made a huge mistake by throwing the Bitcoin (BTC) miners out…
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Russia
Twelve Banks to Help The Bank Of Russia Test Digital Ruble
The Bank of Russia is collating a list of financial institutions that would run a first trial of the digital…
Ethereum: a Victim of China’s Incessant Mining Crackdown
Since Ethereum's hashrate reached peak levels in the middle of last month, it has declined by over 26% since that…
Iran Issues 30 Licenses For Crypto Mining
In a sudden and unexpected move, Iran begins distributing licenses for crypto mining operations across the country's capital, Tehran and…
New Guidelines to Protect South Korean Banks from Liability on Crypto Transactions
Banks in South Korea are set to be absolved of any responsibility that may result from crypto-related scams following the…
Binance Close Operations in Ontario as Harsher Regulations Surface
Binance, one of the world's leading cryptocurrency exchanges, has barred users in Ontario, Canada from using the exchange as it…
Micheal Saylor: “China’s Ousting Of Bitcoin Miners is A Trillion-Dollar Mistake.”
While on a recent Bloomberg interview, MicroStrategy CEO and chairman of the bitcoin mining council, Michael Saylor, has opined that…