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Iran has been ramping up its crackdown on Bitcoin mining in the country in an effort to combat power outages in the county. Authorities recently confiscated thousands of mining rigs from an illegal crypto mining...
El Salvador made history early this month when it became the first country to give legal tender status to Bitcoin (BTC). Now, another Latin American country could be on its way to becoming a global crypto hub as a...
South Korean crypto exchanges are now making changes to the list of available coins for trading on their platforms. Recent reports say that some exchanges have halted the trading of some high-risk coins this week to comply...
El Salvador made history by becoming the first country to grant legal tender status to Bitcoin (BTC), the worlds largest crypto by market cap. However, the Latin American country might need to figure out its implementation...
On Sunday, South Koreas Financial Services Commission (FSC) announced new rules that are expected to affect 60 crypto exchanges that are operating without securing licenses from the FSC. For instance, banks are required to...
A series of positive developments, such as El Salvador granting Bitcoin legal tender status and Elon Musk hinting that Tesla might resume BTC payments, have helped push the market upwards. At the time of writing, BTC...
The Central Bank of the Argentine Republic (BCRA) is investigating nine fintech companies. The monetary authority wants to determine if the fintech firms have conducted unauthorized financial intermediation involving...
A top-ranking Republican on the Senate Banking Committee believes that the proposed regulation on crypto might be counterproductive. Sen. Pat Toomey (R-Pa.) wrote a letter to Treasury Secretary Janet Yellen saying that the...
While it is cautious when it comes to cryptos like Bitcoin (BTC) and Ether (ETH), the Bank of England (BoE) does not have any problems with stablecoins and central bank digital currencies (CBCDs). In fact, a bank executive...
El Salvador just made history as the first country in the world to grant legal tender status to the largest crypto by market cap, Bitcoin. This happened just days after President Nayib Bukele discussed his plan at the...
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