South Africa is getting cryptocurrency regulations after losing billions in scams
South Africa is planning to introduce regulations on cryptocurrency after it had initially denied any involvement in this matter. From now on, crypto is going...
Category : BTC News
Kazakhstan president signs law increasing crypto miners’ tax burden
Tax rates for cryptocurrency miners have been raised after President Kassym-Jomart Tokayev’s signing of a measure modifying Kazakhstan’s Tax Code. The fee will be calculated...
Volatility resulting from selloffs triggers further regulations in crypto
Cryptocurrencies are notorious for their volatility, but the crypto market has recently shrunk to an all-time low this year. The cryptocurrency market cap reached a...
Worldwide crypto ATM installations fall 32%
During the year 2022, there was a decrease in the number of crypto ATMs throughout the world. Many crypto assets saw their value plummet as...
Crypto is becoming part of the mainstream payment system
A cryptocurrency is built on blockchain technology, which is used as a medium of exchange, creating value for its users by providing low transaction costs...
Lender Celsius Is Accused of Operating as a Ponzi Scheme
A former money manager for Celsius Network, a crypto lender whose assets were frozen last month, claims the company failed to hedge its risks and...
Binance can now operate in Spain with its Subsidiary
The Virtual Asset Services Provider (VASP) registration for Binance’s subsidiary has been granted by the Bank of Spain. Moon Tech Spain, the company’s subsidiary in...
CoinDCX and CoinSwitch are under the scrutiny of the ED, Bengaluru
According to sources, the Enforcement Department of Bengaluru has sent out notices to CoinDCX and CoinSwitch under suspicion of violating FEMA regulations. The two cryptocurrency...
Global crypto exchanges are shutting down operations or freezing funds
Several crypto exchanges all around the world have halted their deposit and withdrawal operations. Due to this, people are raising concerns over the safety of...
The US and Korea support each other to stop crypto scams
Recently, LUNA, a blockchain-based cryptocurrency, collapsed from $12.24 billion to $555 million in May and has made South Korea and the United States work together....