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Since legitimizing cryptocurrency mining in July 2019, Iran has been taking measures to support registered firms such as the recent shutdown of 1,100 unlicensed Bitcoin (BTC) mining farms last month. Recently, the...
Gibraltar has updated its regulations on firms engaged in distributed ledger technology (DLT) business, which includes those offering blockchain-based services. The revision was done to include the latest FinanciaVl Action...
For years, cryptocurrency investors have to brave the regulatory uncertainty facing the industry. Thankfully, U.S.-based crypto firms and investors can finally take a breather as regulators in 49 U.S. states finally agree...
The Kraken cryptocurrency exchange has recently received a banking license that is recognized under federal law. With its receipt of the U.S. bank charter, the San Francisco-based exchange also made history by becoming the...
Two Russians are facing charges for stealing $16.8 million in cryptocurrency via phishing. The hackers were able to pull off their multi-year operations by creating fake websites of three crypto exchanges. On...
Most countries have already opted to regulate their cryptocurrency industry by enacting new laws to govern the nascent sector. But if recent reports are to be believed, it appears that India might be bucking the trends as...
Nigeria is among the top countries with the highest increase in cryptocurrency usage. Recently, the countrys Securities and Exchange Commission revealed plans to regulate the crypto industry to protect investors and ensure...
The U.S. Securities and Exchange Commission (SEC) has filed charges against the rapper T.I. for promoting fraudulent cryptocurrency offerings. The regulator also ordered the music artist to pay $75,000 as fine. On...
Cryptocurrency critics have long argued that digital currencies could be used by criminals to carry out their illegal activities. But a recent report by the worlds largest electronic payment network revealed that criminals...
South Korean authorities have warned the public against attending cryptocurrency investment briefings. Aside from the increased risk of coronavirus transmission, the government warned that such crypto gatherings could...
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