A recent study by the country’s chief financial regulator, the Financial Service Commission (FSC), revealed that the South Korean crypto market grew to 55 trillion won or around $45.9 billion by the end of 2021.
With the restrictions in place, Ukrainians are turning to crypto such as the USDT stablecoin while Bitcoin is the crypto of choice for those who want to donate funds for the Ukrainian military.
Bitcoin’s price drop during Russia's invasion of Ukraine has raised questions about BTC’s role as an authority-free zone, a safe haven asset, and as a resource for the unbanked.
As the call to impose a bloc-wide ban on crypto mining gained momentum, crypto advocates expressed their concern that regulators might be rushing into a ban when regulations would have sufficed.
The blockchain ecosystem is in its heyday. Behind the scenes is Ethereum, which has been pursuing change and innovation under the vision of a "universal network" that anyone can engage in.
An EU diplomat said that the plan to include crypto firms under the AML watchdog’s oversight is aimed at providing more explicit coverage of crypto transactions.
The Finance Ministry’s move highlights its determination to regulate crypto mining and trading as opposed to the Bank of Russia’s preference of implementing a full crypto ban.
Prices of major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) suffered significant losses Russia launched missile attacks around several areas in Ukraine
The U.S. Secret Service, which has been safeguarding the integrity of the economy since its creation in 1865, is keeping up with the times and is now dealing with modern threats such as the illicit use of crypto.
Indira Kempis, a senator representing Nuevo León state, is convinced that Mexico should grant Bitcoin legal tender status as adopting the crypto could potentially drive global financial inclusion.
The acquisition will enhance LSEG’s trading capabilities with the addition of digital assets and opens up the possibility of offering crypto and non–fungible token (NFT) trading in the future.
Crypto services company Bitbase is currently in talks with the government and the country’s banking authorities to allow it to offer crypto ATM services in Venezuela,
The rules outlined registration and reporting requirements for virtual asset service providers (VASP) that are aligned with the European Union’s fifth AML directive and the Financial Action Task Force (FATF) guideline…
While Ethereum currently dominates the market share for decentralized finance (DeFi) and non-fungible token (NFT) projects, there is a possibility that its share could diminish over time with the emergence of competit…
The Development Bank of Singapore, which is already offering crypto trading services to institutional clients, wants to expand the services to retail investors by the end of this year.
The average ransomware payment size continued to increase since 2018 and reached a record high of $118,000 in 2021, a 26 percent increase from the average payment size of $88,000 in 2020.
Binance is making a $200 million strategic investment in Forbes, which would make the crypto exchange one of the two biggest owners of the publication.
The research firm predicts that BTC could rally to $200,000 due to increased inflows from the legacy markets into crypto, while ETH could soar to $12,000 after Ethereum's transition to proof-of-stake.
While there are those who expressed concerns that the taxation scheme could discourage participation from retail investors, there are also those who believe that it is ultimately beneficial to the industry as it may h…