The Financial Conduct Authority (FCA) recently announced a ban on cryptocurrency derivatives for retail investors. However, the move was met with criticism as it could drive crypto trading activity out of the U.K. and...

Cryptocurrency derivative products will no longer be offered to UK retail investors starting next year. After a year-long deliberation, the countrys financial regulator decided that crypto derivatives such as...

The Securities and Exchange Commission (SEC) has filed charges against businessman and programmer John McAfee for cryptocurrency promotion. The anti-virus creator was recently arrested in Spain for tax evasion and is...

Abkhazia is changing its stance on cryptocurrency mining. The self-governing territory in the South Caucasus region has lifted its two-year ban on crypto mining opting instead to regulate the industry. Abkhazia, a de...

The Inland Revenue Department recently requested all cryptocurrency firms in the country to hand over the personal data of their customers. However, the move by New Zealands tax agency was met with criticisms from some...

Russia is getting serious in its regulation of the countrys cryptocurrency industry. The Ministry of Finance recently drafted a bill that will impose harsher penalties on those who fail to report their crypto holdings...

The goal of having a uniform set of cryptocurrency regulations across Europe is finally getting closer to becoming a reality. The European Commission recently unveiled the proposed rules that will govern the digital...

Venezuela has the third-highest cryptocurrency usage in the world as citizens turn to digital currencies such as Bitcoin (BTC) as a means of preserving their moneys purchasing amidst the countrys hyperinflation. The...

Blockchain is seen as the next big thing in the gaming industry. In fact, there are projections saying that the blockchain-based gaming economy could balloon in the coming years and potentially surpass the economy of...

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...