One of the United States regulators for the banking sector is now imposing a new requirement for financial institutions engaged in crypto activities. The Federal Deposit Insurance Corporation (FDIC) is now requiring the...

German authorities have shut down one of the worlds largest illegal darknet marketplaces. The police were also able to seize 23 million euros worth of Bitcoin (around $25 million) during the operation, which shut down the...

Crypto gains in India will now be subject to a higher tax rate compared to other countries. Starting April 1, 2022, the Indian Finance Bill 2022 will come into effect, with its new 30 percent crypto tax rules. The Rajya...

Just less than a month after it secured approval from Cyprus financial market regulator CySEC, FTX Europe is already getting ready to implement the next phase of its expansion plans in the region. The Switzerland...

The city of Austin in Texas might soon be joining the short but growing list of crypto-friendly cities in the United States. On Thursday, city councilors voted for a plan that will investigate the possibility of accepting...

El Salvador officially adopted Bitcoin (BTC) as legal tender, alongside the U.S. dollar, in September last year. At the moment, it is still the only country to have done so but a blockchain expert believes that a number of...

Thailand crypto owners will soon no longer be able to use their digital currencies such as Bitcoin (BTC) and Ethereum (ETH) to pay for purchases. The country has announced that it will start banning payments using...

Malaysias Communications and Multimedia Ministry (KKMM) has recently shown its support for the adoption of crypto in the country. One of the ministrys top officials is now calling for the government to legalize...

El Salvador earned the admiration of crypto enthusiasts worldwide for being the first country to adopt Bitcoin (BTC) as its legal tender last year. While many highlighted the move as an indication of the increasing...

Earlier this month, U.S. President Joe Biden signed the highly anticipated crypto executive order directing federal agencies to coordinate their efforts at crypto regulation. The move was viewed positively by the digital...

Crypto exchanges operating in Japan need to comply with sanctions against Russia for its invasion of Ukraine. Japanese authorities warned the companies could face penalties if they fail to do so. On Monday, Japanese...

The Financial Conduct Authority (FCA) issued a warning on illegal crypto ATMs operating in the country. The U.K.s financial regulatory body has ordered operators of Bitcoin ATMs to shut down their machines or risk facing...

Various governments have imposed sanctions, which included crypto assets, on Russia for its invasion of Ukraine. The move panicked Russian investors who are now reportedly seeking to liquidate their digital currency...

Cryptocurrencies such as Bitcoin (BTC) and Ether (ETH) have been unwittingly thrust into the spotlight with Russias ongoing invasion of Ukraine. While people from all over the world have been sending crypto to aid Ukraine...

The European Union has issued a clarification on its sanctions against Russia and Belarus. According to the EU, crypto assets are included in the sanctions against Russia and its ally in response to its invasion of...