El Salvador is the first country to declare Bitcoin (BTC) legal tender but other jurisdictions appear to be set on following on its footsteps and plan on making the worlds largest crypto in terms of market cap also...

Crypto asset providers that seek to attract potential investors through advertisements are now facing increased scrutiny and stricter requirements from South Africas advertising regulator. These include a warning on the...

While the current crypto market downturn and recent FTX collapse caused some countries to become wary of Bitcoin (BTC), Ethereum (ETH), and other digital currencies, the United Arab Emirates (UAE) continues to express...

The Federal Bureau of Investigation (FBI) claims to have seized millions of dollars worth of Bitcoin (BTC) and other cryptos from foreign con artists who prey on the elderly. The scammers convinced the victims to send...

Iran and Russia are reportedly in discussions for the possible issuance of a stablecoin to be used for international settlements. A stablecoin is a type of crypto that is backed by more stable assets such as fiat...

Japanese financial regulators are now calling for tougher regulations for the crypto sector. They are urging regulators worldwide to treat crypto the same way they do their respective banking sectors. Deputy...

Bithumb, one of South Koreas largest crypto exchanges is facing increased scrutiny from regulators. The countrys National Tax Service (NTS) is reportedly conducting a special tax investigation on the crypto company. As...

The governor of the Bank of France, the countrys central bank, is pushing for stricter licensing requirements for crypto firms in the country. The official cited the current turmoil in the crypto market as the main reason...

Indonesia plans to create a national crypto exchange this year as part of the reform of its crypto regulation. The government aims to launch the platform before the planned transfer of regulatory power for the digital...

Italy is set to impose a 26% capital tax on crypto gains as part of the 2023 budget law. Taxpayers are also encouraged to declare their cryptocurrency holdings by offering an amnesty on gains made or face additional fines...