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Iran Returns Seized Crypto Mining Equipment to Miners
3.1.2023
A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners have been blamed for power shortages....
3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins
3.1.2023
BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market
Tribulations and triumphs: The biggest surprises in crypto of 2022
3.1.2023
2022 was a challenging year for many crypto companies, but some maintained exemplary performance
Blockchain fintech GammaRey signs $320M merger agreement
3.1.2023
GammaRey said it has nearly $800 million in consumer assets
Bitcoin miners see mixed successes in tackling debt-fueled overexpansion crisis
3.1.2023
Industry players accumulated over $4 billion of debt in the last crypto run-up
Ukrainian pharmacies enable crypto payments via Binance Pay
3.1.2023
Ukraine continues adopting cryptocurrency payments with the Binance crypto exchange amid the ongoing war with Russia
Bithumb former chair Lee Jung-Hoon acquitted in the first instance
3.1.2023
The former chair was under allegations of $70 million in fraud charges which were said to have occurred during the acquisition of Bithumb
Italy approves 26% capital gains tax on cryptocurrencies
2.1.2023
The Italian Senate approved the new tax rate for crypto trading as part of the budget legislation for 2023
Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
2.1.2023
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
1.1.2023
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal...
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies
1.1.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About...
China’s Digital Yuan Little Used, Former Central Bank Official Says
31.12.2022
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
31.12.2022
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by...
Sam Bankman-Fried denies moving funds from Alameda wallets
30.12.2022
The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.”
Bithumb’s largest shareholder executive found dead following allegations of embezzlement
30.12.2022
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation
Vader will shut down stablecoin USDV, cannot find a 'breakthrough'
29.12.2022
The remaining treasury will be distributed to users through a redemption app until June 2023, according to the protocol
FTX’s Liquid exchange hopes to return customer assets next year
29.12.2022
The exchange said it intends to outline further details in a report in January 2023
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
29.12.2022
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy