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BTCC Withdraws from Cryptocurrency Trading Amid China’s Crackdown
Crypto News

BTCC Withdraws from Cryptocurrency Trading Amid China’s Crackdown

BTCC, once a leading force in Asia’s cryptocurrency market, has officially announced its withdrawal from the crypto trading industry. The company, which had

  • by Sofiya
  • 2021-06-29
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Europol Dismantles Vitae Ponzi Scheme, Recovers €2.5 Million
Crypto News

Europol Dismantles Vitae Ponzi Scheme, Recovers €2.5 Million

Europol has successfully dismantled a sophisticated Ponzi scheme operated through the Vitae platform, a privacy-focused social network. The covert investigation led to the

  • by Sofiya
  • 2021-06-29
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Huobi Bans Chinese Customers Amid Stricter Crypto Regulations
Crypto News

Huobi Bans Chinese Customers Amid Stricter Crypto Regulations

The Seychelles-based cryptocurrency exchange Huobi, once a pioneer in China’s crypto landscape, has updated its Terms of Service (ToS) to ban Chinese residents

  • by Sofiya
  • 2021-06-29
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Crypto Market Update: Bitcoin Consolidates at $39,771; Ether Rises on Upcoming Upgrade
Crypto News

Bitcoin Drops 42.93%: What’s Behind the Decreasing Balances on Crypto Exchanges?

The value of Bitcoin (BTC) has dropped 42.93% since March 29, 2021, marking a significant downturn in the cryptocurrency market. Alongside this price

  • by Sofiya
  • 2021-06-28
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Indian Banks Halt Crypto Services Despite RBI’s Clarification
Crypto News

Indian Banks Halt Crypto Services Despite RBI’s Clarification

Despite the Reserve Bank of India’s (RBI) clarification that its 2018 circular banning cryptocurrency transactions is no longer valid, several Indian banks continue

  • by Sofiya
  • 2021-06-28
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FCA Bans Binance from Operating in the UK Amid Regulatory Crackdown
Crypto News

FCA Bans Binance from Operating in the UK Amid Regulatory Crackdown

The Financial Conduct Authority (FCA), the UK’s financial regulator, has banned Binance, one of the world’s largest cryptocurrency exchanges, from offering specific services

  • by Sofiya
  • 2021-06-28
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CME Achieves Milestone with Over 1 Million Micro-Bitcoin Futures Traded
Crypto News

CME Achieves Milestone with Over 1 Million Micro-Bitcoin Futures Traded

The Chicago Mercantile Exchange (CME) Group has achieved a significant milestone in the cryptocurrency market. With over 1 million micro-bitcoin futures contracts traded,

  • by Sofiya
  • 2021-06-28
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FSCA Moves to Regulate Crypto Assets After Africrypt Scam
Crypto News

FSCA Moves to Regulate Crypto Assets After Africrypt Scam

The Financial Services Conduct Authority (FSCA) of South Africa is considering declaring crypto assets a financial product following the massive Africrypt scam, which

  • by Sofiya
  • 2021-06-26
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MiCA Law Draft: European Crypto Regulations Take Shape
Crypto News

MiCA Law Draft: European Crypto Regulations Take Shape

The Markets in Crypto-Assets Regulation (MiCA) draft is set to reshape the regulatory landscape for cryptocurrencies in the European Union (EU). With new

  • by Sofiya
  • 2021-06-26
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Citi Group Establishes Digital Assets Group to Expand Cryptocurrency Access
Crypto News

Citi Group Establishes Digital Assets Group to Expand Cryptocurrency Access

In a significant move to embrace the cryptocurrency market, Citi Group has announced the formation of a Digital Assets Group within its Wealth

  • by Sofiya
  • 2021-06-26
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