Indian Cryptocurrency Exchanges Struggle as Banks Cut Ties
Indian cryptocurrency exchanges are facing significant challenges after several banks and payment gateways severed ties with them. Following the Reserve Bank of India’s.
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Bitcoin News
Kazakhstan Imposes Higher Electricity Fees for Cryptocurrency Miners
Kazakhstan, a rising hub for cryptocurrency mining, has approved a new bill that will significantly impact the industry. Starting January 1, 2022, crypto.
Crypto News
China’s Bitcoin Crackdown Drives Hydropower Stations to the Market
China’s aggressive crackdown on Bitcoin mining has had unintended consequences, forcing small-scale hydropower station owners to sell their facilities. As the government pressures.
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Crypto Scams in South Africa Prompt Call for Stricter Regulations
South Africa, one of Africa’s most developed economies, is grappling with an alarming rise in crypto scams, triggering an urgent call for tighter.
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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Despite the Reserve Bank of India’s (RBI) clarification that its 2018 circular banning cryptocurrency transactions is no longer valid, several Indian banks continue.
Bitcoin 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,.
Bitcoin News
Athena Bitcoin to Install 1,500 Bitcoin ATMs in El Salvador
Athena Bitcoin is set to transform El Salvador’s financial landscape with plans to install 1,500 Bitcoin ATMs, investing over $1 million to bring.
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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.
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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.
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South Korea Cracks Down on Tax Evasion: $47M in Cryptocurrency Seized
In a historic crackdown on tax evasion, South Korean authorities have confiscated over 53 billion Korean won ($47 million) worth of cryptocurrency. This.