The South Korean government has been actively showing its support of the countrys Web3 and Metaverse industry. Aside from investing hundreds of millions of dollars to create its own metaverse ecosystem, the government is...

The International Monetary Fund (IMF) has acknowledged that crypto assets have gained a more mainstream presence as hedges against weak currencies, speculative investments, and payment instruments. With the increasing...

Iran has finalized a set of crypto regulations that will provide the regulatory framework for digital currencies in the country. The government just ratified what is described as a comprehensive and detailed law that will...

A top Russian Official expressed his approval of crypto and viewed it as a payment instrument that could bolster the countrys financial independence. He also pushes for the increasing use of the Russian ruble in...

The Central Bank of Nigeria is sweetening its deal and encouraging people and local businesses to use the e-naira, its central bank digital currency (CBDC). The monetary authority has reduced transaction fees for the...

The founder and chief executive of the Turkish crypto exchange Thodex has been arrested and detained by authorities in Albania. The executive, Faruk Fatih Ozer is wanted for fraud for allegedly fleeing Turkey with his...

The adoption of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) has been gaining traction over the years with a growing number of jurisdictions worldwide now accepting digital currencies as payment for taxes. The...

Crypto regulation became a recent topic discussed in a Senate hearing participated by Philippine regulators and lawmakers. Industry participants also took part in the discussion as executives from the countrys crypto...

Reserve Bank of India governor Shaktikanta Das has issued a warning that the crypto market could further crash. Should this happen, the central bank head said that small crypto investors could significantly be affected as...

More than a dozen crypto exchanges in Herat, Afghanistan were shut down by authorities who also detained their operators. The move comes after a ban on online foreign exchange was introduced, which now appears to have been...

A petition to recognize the liquidation order against Three Arrows Capital (3AC) issued by a British Virgin Islands court has been approved by the Singapore High Court on Monday. The approval grants the petitioner the...

Tether (USDT) reiterated its commitment to work with authorities worldwide to expedite investigations of crypto transactions. While the U.S. dollar stablecoin issuer also expressed its willingness to comply with...

With the rising popularity of Bitcoin (BTC), Ethereum (ETH), and other digital currencies, the new Australian government has finally revealed how it plans to regulate the crypto space. Australia will soon be the first...

South Korean authorities are now taking steps to weed out unregistered crypto exchanges that are still operating in the country. The Korea Financial Intelligence Unit (FIU) has set its sights on 16 Virtual Asset Service...

Iran has officially started using crypto for its imports. While it was not specified if the country used Bitcoin (BTC) or Ethereum (ETH) for a recent import order, reports say that the country plans to widely use...