With the increasing crypto adoption, Sri Lanka is taking steps to support the development of the digital asset industry in the country. The government has recently set up a committee that will oversee the exploration and...

In response to increasing regulatory scrutiny, crypto exchange Binance has recently been making adjustments to its product offerings in different countries. In its latest move, the company announced that it will be...

Russia is mulling on the possibility of introducing new legislation that will place restrictions on crypto investment by non-accredited investors. The move is aimed at protecting retail investors from potential losses due...

South Korea has been tightening its oversight on the countrys crypto industry recently. Upbit, one of the largest exchanges in the country, announced that it will soon be halting some of its services for unverified users...

El Salvador is the first country in the world to grant Bitcoin legal tender status. To promote the use of the crypto among its residents, the government has introduced a fuel subsidy for locals who use BTC to pay for their...

The South Korean government has introduced a new rule for the countrys crypto industry. Virtual asset services providers (VASPs), as well as their staff, are now prohibited from trading tokens they issue. South Koreas...

One of the largest Bitcoin mining equipment manufacturers in the world, Bitmain, is reportedly planning to exit from the Chinese market. The move came after Chinas announcement of a sweeping ban on crypto trading and other...

SEBA Bank AG just became the first financial institution to gain the approval of a Swiss crypto custody license. The Swiss-based crypto services-focused bank announced that it secured the approval of a CISA license from...

Alibaba will stop selling crypto miners and mining-related accessories on its platform. The Chinese e-commerce giants announcement came just days after China renewed its crackdown on cryptocurrency mining and other related...

Crypto exchange Binance has been modifying its services and product offerings in some countries to comply with regulatory requirements. In its latest move, the company announced that there will be implementing changes to...