The mining exec concluded that Bitcoin mining operations will continue to exist in China but large miners will likely be out of the picture and be replaced by home, small or medium-sized mining operations.
However, the Bank of Canada is still forging ahead with the development process on a digital currency, should the need arise to release such a financial tool to the public.
FSTB's Christopher Hui said imposing mandatory requirements could protect investors, prevent market manipulation, and facilitate the crypto industry's development.
Bank of Korea Gov. Lee Ju-yeol is concerned that the volatility of crypto prices could damage the finances of South Korean individuals who are engaged in trading at leverage.
The Ontario Securities Commission accused Poloniex of not registering as a crypto exchange and not filling a prospectus with the regulator.
Crypto app Luno ran a high-profile BTC ad campaign that was featured heavily across the city’s rapid transit system called the London Underground as well as the bus network since December last year,
Both authorized and unauthorized miners in Iran are covered by the temporary ban.
More traders are now using stablecoins such as USDT for their transactions.
South Africa just joined the growing number of countries testing out the possibility of issuing their own central bank digital currencies.
Federal Reserve Governor Lael Brainard urged the government to lead the CBDC race to preserve the dollar's status in international finance.
China's recent crypto warning might have caused a few crypto exchanges to suspend some of their crypto-related services.
Chinese miners are unsure of what the impact of Vice Premier Liu He's statement might be on the industry.
The Rotterdam District Court ruled in Bitonic’s favor acknowledging the exchange’s doubts on the legality of DNB’s wallet-verification requirement.
The new reporting requirement is part of the Biden administration's broader plan to curb tax evasion and promote compliance.
The recent crypto market correction could lead to the formulation of new regulations for the market.
Financial Services Minister Jane Hume said that investors should be aware of the risks involved when investing in cryptos.
Consumers have reported receiving fake emails asking for their Bitcoin wallet information.
Discussions are ongoing on the creation of a new panel after the recommendations made by the committee headed by former finance secretary Subhash Garg are now increasingly viewed as outdated.
The FDIC seeks to improve its understanding of the use cases of cryptocurrencies in financial markets, intermediation, settlements, and payment systems.
The benefits of CBDC's include their potential to include underbanked communities into the financial system.
The Iranian government imposed strict measures to curb unauthorized crypto mining in the country.
The Reserve Bank of India has reportedly informally asked financial institutions to sever their ties with entities involved in crypto-related businesses.
Platforms will need to submit monthly reports that includethe list of accounts with which they identify each of the clients; registrations, cancellations, and modifications that occur; total amounts of income, expense…
A bill is being drafted that aims to establish the first crypto regulatory in the country.
If the BOK gains approval from lawmakers, the central bank could start its strict oversight on crypto trading by September 2021.
The Hungarian government is considering the possibility of reducing taxes on crypto trading by half in 2022
While the bank acknowledges the risks associated with issuing its CBDC, it hinted that it is inclined to go ahead with the plan if benefits outweigh those risks.
Authorities have already blocked 32 phishing sites that targeted crypto owners in the past three months.
The South African Revenue Service has already started asking information on crypto transaction in its audit letters to taxpayers.
The Korean Federation of Banks expressed concerns about the potential risks for banks that provide services to platforms that might be overexposed to altcoins.
Crypto exchanges are required to verify their customers' identities using a machine that requires the physical presence of their clients.
SEC Deputy Director-General Paul Ababio hinted that crypto regulation is in the works.
The cryptocurrency was seized during a 2018 illegal narcotics distribution raid in Long Branch.
Senate Committee on Technology and Finance recently published a report that made several recommendations on issues surrounding blockchain and cryptocurrencies.
Turkey decided to accelerate its crypto regulations after the collapse of two exchanges last week.
More than 146,000 people have already signed for the voluntary resignation of Financial Services Commissioner Eun Seong-soo.
SEC Commissioner Hester Peirce said that it would be hard for the government to ban peer-to-peer technology.
Consumers and retail outlets are urged to download the digital wallet and use the digital yuan ahead of a shopping festival.
Faruk Fatih Ozer, CEO of the crypto exchange Thodex, denied allegations and explained that he went abroad to meet with investors.
Crypto trading volumes in Egypt surged during the first quarter of 2021 mainly driven by investors below 34 years of age.
