The Canada Revenue Agency (CRA) wants to get its hands on the records of a cryptocurrency firm as part of its efforts to fight tax fraud. Canadas tax authority is asking a federal court to compel the Toronto-based crypto...

Hong Kong is planning to make changes to the regulations that govern its crypto industry. Specifically, the financial hub is pushing to regulate all cryptocurrency trading platforms operating in the territory whether or...

Facing hyperinflation at home, Venezuelans have been using cryptocurrencies such as Bitcoin to receive remittances from abroad as well as a store of value. The Maduro government recently announced plans of incorporating...

Australia is joining an increasing number of countries that are seriously considering the issuance of their own central bank digital currency (CBDC). The countrys central bank has recently formed a partnership with three...

Gazprombank (Switzerland) Ltd. can now offer cryptocurrency services in the country. The Zurich-based financial institution, which is a subsidiary of Russias third-largest bank, has been approved by the Swiss financial...

Compared to other countries, China is a step ahead in the central bank digital currency race with its digital yuan already being testing in major cities. The countrys central bank is likewise moving ahead with the...

FinCEN has recently slapped a $60 million fine on the founder and operator of Bitcoin (BTC) mixing services for alleged anti-money laundering violations. The move is a first for the U.S. Treasury Department bureau against...

While China is ahead of the central bank digital currency (CBDC) race with its testing the digital yuan in key cities, other countries are already taking steps to issue their own cryptocurrency. Russias central bank...

Various countries have already begun testing their own central bank-backed cryptocurrency. Recent reports now suggest that Canada might also be moving ahead with its central bank digital currency (CBDC) project. There...

Stablecoins such as Tether (USDT) rose in popularity lately as cryptocurrency investors began looking for less volatile alternatives to Bitcoin (BTC). The Financial Stability Board (FSB) warns of the potential risks...