EU member states are discussing new sanctions for Russia amidst the escalation of the conflict in Ukraine and these include limiting access to European crypto services for Russians. Earlier this year, the…
Category: Regulation
India Freezes Bitcoin At Binance Amidst Wazirx Investigation
According to the Enforcement Directorate (ED) in India, it has frozen a total of 77.6 bitcoins that were transferred from Wazirx, the Indian crypto exchange, to Binance. This freeze is part of…
Russia Is Planning Next Steps For Digital Ruble
The digital ruble, the central bank digital currency (CBDC) project of the Bank of Russia, is slated for release in the next year. But, the country is already making plans for what…
California Cracks Down Against 11 Crypto Companies
A crackdown was launched by the Department of Financial Protection and Innovation (DFPI) in California against 11 crypto firms that are believed to be in violation of California’s securities laws. Reports indicate…
Federal Police Of Brazil Has Launched An Operation Against Money Laundering Operations
The Federal Police of Brazil made an announcement on September 22nd in regard to launching an operation against money laundering activities. The Brazilian Police will not be carrying out the operation on…
Israeli Regulator Grants License To Digital Asset Exchange Platform
The ISACA (Insurance & Savings Capital Market Authority), which is the capital markets regulator in Israel, recently granted a license to Bits of Gold. The company received a license to operate as…
CFTC Gears Up For Oversight Of Crypto Market
Should the Digital Commodities Consumer Protection Act be passed as a law, it would give ‘full oversight capabilities’ to the Commodity Futures Trading Commission (CFTC) in the US. The regulatory authority has…
ECB Selects Companies Including Amazon For Digital Euro Development
Five companies have been chosen by the European Central Bank (ECB) for helping it in developing the user interfaces required for a digital euro. Every company will collaborate with the ECB and…
IMF Publishes New Report On Crypto
According to a recent report from the International Monetary Fund (IMF), cryptocurrencies have become more mainstream and are being used as a hedge against weaker currencies, speculative investments, and potential instruments for…
Russian Arrested For Defrauding Buyers Of Mining Equipment
A man was detained in the Russian city of Astrakhan by the police on accusations of defrauding people who wished to purchase crypto mining equipment. According to law enforcement officials, the suspect…
Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up
The crypto market exhibited lower prices on Monday. That followed geopolitical tensions from Ukraine and Russia and investors’ concerns about the continuing inflationary pressure. Russian military proceedings suggest an imminent invasion. The…
Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry
Ripple (XRP) has been among the top daily gainers. That comes amid bullishness that had the global crypto market cap surging past $2 trillion once more. XRP changes hands around $0.90 following…
Crypto.com (CRO) on a 20% Weekly Loss as UK Advertising Watchdog Bans Two Ads
com’s price lost 4% within the last 24 hours and more than 20% in one week amid news of a ban. Advertising Standard Authority in the UK has banned two Crypto.com ads,…
Reserve Bank of India Declares Crypto as an Instrument of “Fraud” & “Consumers’ Nightmare”
Reserve Bank of India (RBI) had never lent out any sort of recognition nor any support to digital currencies ever, however, it has been continuously discouraging Indian to beware of them because…
Digital Assets to Be Taxed In South Korea
“Whether anyone owns them or gets them as a donation or inherit them or even receive them as a gift, none of the digital assets will be exempted from tax”, says the…
Florida’s ‘Freedom First Budget’ Wishes to Welcome Digital Currency Payments against State Fees
At the announcement of the annual budget for Florida, the Governor of Florida proposed that a mechanism should be adopted which can accept digital currencies against payment of state fees. Governor Ron…
India’s Prime Minister Twitter Hacked By Crypto Fraudsters Again
The Twitter account of India’s Prime Minister, Narendra Modi, was hacked today. The hackers put up false information claiming that the government had chosen to adopt and legalize all cryptocurrencies and share…
The venture stage assists clients with developing their income without the intricacies of exploring crypto finance
The absence of straightforward experience is keeping the world away from accepting exorbitant premium income on computerized monetary forms. While the allure of acquiring large digital currency ventures has caught the consideration…
Canadian Exchange Newton Reveals Plan To Delist USDT and XRP
A major cryptocurrency exchange in Canada, Newton, will be delisting the XRP and USDT tokens while the tokens battle regulatory issues. The firm disclosed this in an article earlier today. The exchange…
SEBI To Oversee Crypto Regulations In India
Available information suggests that the regulation of the cryptocurrency market in India will be overseen by the Securities and Exchange Board of India (SEBI). Investors will not be stopped from engaging the…