Crypto exchange Bitfinex appears to be closing its operations in Ontario, Canadas most populous province. In an announcement, the company told Ontario-based users to close accounts on or before March 1, 2021. ...

Federal Reserve Chairman Jerome Powell revealed that he does not view crypto as a concern for financial stability. He also said that private cryptos including stablecoins could coexist with a central bank-issued digital...

With the rapidly growing crypto market, tax authorities worldwide have started taxing the industry to boost their revenues. The latest to join the trend is Thailand, which will start imposing taxes on crypto earnings this...

Jamaica is moving ahead with its central bank digital currency project. After completing the pilot last year, the country is set to roll out its digital is set to roll out its CBDC by the first quarter of 2022. Bank of...

The Kosovo government had decided to impose a temporary ban on crypto mining activities in the country. The move is aimed at saving energy and as the country faces power shortages during the winter season. In a...

The Ontario Securities Commission reprimanded the crypto exchange Binance for sending an email to Ontario-based clients saying that it has been successful in taking its first steps by registering as a Money Services...

Pakistani authorities have frozen more than 1,000 accounts and credit cards that were used in crypto trading. The move is part of the governments efforts at curbing the sale and purchase of digital currencies, which are...

While the implementation of South Koreas crypto tax has been postponed for another year, digital asset owners will now have another tax to think about in the coming year. The government plans to impose taxes on inherited...

Crypto mining facilities in Iran will halt operations for more than two months. The move is part of the governments efforts to ease the strain on the countrys power supply to save power and avoid blackouts this...

Binance, the largest crypto exchange in the world by volume, wont be pulling out of Ontario, Canada after all. The company announced that it will continue its services for Ontario-based users after successfully working...

The Central Bank of the Russian Federation (CBR), also known as the Bank of Russia, revealed plans to extract information from banks about money transfers between individuals, which would include those trading in crypto....

Bangkok authorities have arrested a man believed to be behind a crypto investment scam that targeted both Thais and foreigners. The accused duped his victims into investing by promising high returns of up to 400 percent in...

The Turkish unit of the crypto exchange Binance has been slapped with a multi-million lira fine for failure to comply with the countrys Anti-Money Laundering (AMLA) rules. This is the first time that Turkish authorities...

Indias crypto industry still continues to face regulatory uncertainly as the much-awaited cryptocurrency bill was not taken up during the Parliaments Winter Session. A former government official even expressed doubts about...

Japans recently approved tax plan might negatively impact the countrys crypto sector. Crypto firms are now requesting authorities to change tax policies that they described as driving them out of the country. Japan...