South Korea to Introduce Ban on Crypto Purchases via Credit Cards
Financial Services Commission (FSC), the financial regulator of South Korea has presented a proposal to ban credit card payments for cryptocurrency purchases. The law will...
China Urges Crackdown on Tether Stablecoin Alleging Illegal Forex Trading
China's Supreme People's Procuratorate (SPP) warned in a recent publication that Tether usage as an exchange medium for local and foreign currency is prohibited. The...
El Salvador Adds New Citizenship Laws for Bitcoin Investors
El Salvador has recently updated its Bitcoin donations program for investors applying for citizenship in the region. The Bitcoin VISA program was introduced last month...
Kazakhstan Blocked 980 Unregistered Crypto Trading Platforms in 2023
The Financial Monitoring Agency of Kazakhstan recently noted that the firm has launched an investigation into 9 crypto firms for conducting illegal trading operations. These...
Swiss Crypto Bank Seba Rebrands Itself as Amina Bank
Swiss banking firm Seba has rebranded its name to Amina as part of its global expansion program. The new name translates to transamination or transferring...
US Legislators Introduce CLARITY Act to Restrict Federal Dealings with Chinese Blockchain Companies
Legislators in the USA have introduced the CLARITY Act to limit involvement with China-based blockchain projects. The Act contains regulatory guidelines that restrict the exposure...
ProShares Introduces Short Ether-linked ETF
ProShares introduced the first Bitcoin-linked ETF in the United States. The ETF was listed at NYSE under ticker BITO backed by Bitcoin futures. The company...
China’s Central Bank Governor Issues Stringent Regulatory Requirements for Crypto Sector
Pan Gongsheng is the newly appointed governor of the Chinese Central Bank. He recently reiterated the austere stance on the cryptocurrency sector. During the latest...
New Report Reveals the Six Bitcoin Billionaires of the World
Cryptocurrency markets have witnessed inflow of millions of investors from every part of the world. A recent survey published by TripleA and GWI claims that...
Ex-Chinese Official Gets Life Sentence for $329M Bitcoin Mining Scheme
Xiao Yi is a Chinese official who worked as part of the Jiangxi Provincial Political Consultative Conference Party Group and served as Vice Chairperson. However,...