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Bank of England recently expressed its assessment of the growing crypto markets and decentralized finance (DeFi). While the monetary authority acknowledged the benefits such innovations can bring, it also pointed out the...
While El Salvador set the record for being the first country to adopt Bitcoin (BTC) as legal tender, Myanmars shadow government isnt too far behind. The National Unity Government (NUG) recently declared Tether (USDT) as an...
Many countries are currently in various stages in developing their own central bank digital currencies. The Central Bank of the Russian Federation (CBR) appears to be open to foreigners to use and own its planned digital...
Indian Prime Minister Narendra Modis Twitter account was compromised by hackers on Sunday. The cybercriminals used the social media account to announce that India has adopted Bitcoin (BTC) and that the government will be...
Crypto industry players are now facing increased scrutiny from U.S. regulators. However, a Commodity Futures Trading Commission (CFTC) commissioner has criticized regulators for enforcing punitive actions such as fines for...
Crypto exchange Binance revealed plans of putting up a U.K. unit just months after the Financial Conduct Authority warned the company that it could not undertake any regulated activities in the country. Binance Chief...
South Korean crypto investors can still enjoy another year without being taxed on their crypto gains. Legislators recently voted to delay the crypto tax implementation, which was originally set to take into effect next...
Grayscale Investments is questioning the U.S. Securities and Exchange Commissions decision to reject VanEcks spot Bitcoin ETF application. The company claimed that SECs decision has been arbitrary and capricious...
Huobi, Chinas largest crypto exchange, has chosen Singapore as the new regional headquarters for its Southeast Asian operations. The company also plans another regional hub for its European business. According to Huobi...
Many countries are already in various stages of developing their own central bank digital currencies (CBDC). Indonesia might soon become the latest to join the trend as it sees developing a digital version of rupiah as a...
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