Ireland’s Central Bank Labels Bitcoin as a Ponzi Scheme
The cryptocurrency industry is facing issues on various fronts. However, the nascent technology has continued to move forward and make progress regardless of all the...
Crypto Exchange Coinbase to Face Existential Threat as SEC Starts New Crackdown on Crypto Sector
Coinbase may be in a world of trouble as the SEC regulators have recently tightened the circle of regulations around the crypto exchange. A financial...
White House Proposes 30% Excise Tax Targeting Crypto Mining Firms
The White House is set to impose a 30% excise tax targeting crypto mining activities. In the report issued on Tuesday, May 2, Biden's administration...
Nigeria Approves National Blockchain Policy to Promote Digital Economic Development
Nigeria is one of the major exporters in the international markets with products like Cocoa beans, Crude Petroleum, and Gas, among others such as special...
IMF Director Issues Warning Regarding Retail CBDCs
International Monetary Fund or IMF director Kristalina Georgieva is concerned about issues connected to retail CBDCs. It is worth noting that CBDCs are digitized forms...
Crypto Exchange Bybit Announces to Offer Crypto Lending Services
Some noteworthy changes are happening in the cryptocurrency sector within the US jurisdiction at present. One such change was noticed in Dubai where Bybit, the...
Survey Reveals New Crypto Investors Were Encouraged by Friends to Purchase Crypto in 2022
Cryptocurrencies have become a known method of investing in the world. The United States Financial Industry Regulatory Authority has published a new survey about how...
Ohio Man Handed Four-Year Imprisonment for Brother’s $21M Bitcoins Theft
Gary James Harmon awaits a four-year imprisonment following the theft of his brother’s crypto assets that law enforcers attempted to seize. The United States Department...
Why Did Bitcoin as Legal Tender Fail in Central African Republic?
Central African Republic, or CAR region, has undertaken various cryptocurrency projects. One such event is the attempt of the region to adopt Bitcoin as a...
Court Orders South African Bitcoin Trading Firm to Pay $3.4 Billion in Penalties for Forex Fraud
Commodity and Futures Trading Commission has recently churned out the biggest and heaviest fine on an operator for illegal Bitcoin dealings. As per the allegations...