Russian Crypto Miners Face Potential Prison Sentences for Tax Evasion under Proposed Bill
Reports indicate that the Russian Ministry of Finance proposes severe punishments for individuals who fail to declare cryptocurrency holdings. In addition, the Ministry of Finance...
USDC Issuer Circle Says It’s Prepared to Cover $3.3B Deficit held in Silicon Valley Bank
Circle, the issuer of USDC stablecoin, has claimed it will cover the shortfall resulting from the $3.3 billion in funds stuck in Silicon Valley Bank...
TASE Stock Exchange Will Now Also Offer Digital Currency Trading
The Tel Aviv Stock Exchange (TASE), an entity that operates the only trading platform in Israel, intends to broaden its authorized operations to permit crypto...
KuCoin Faces Legal Action by New York Authorities
The New York authorities have filed a lawsuit against the cryptocurrency exchange KuCoin. The lawsuit alleges that KuCoin sold unregistered securities to investors in New...
Oasis Network Retrieves Stolen Crypto Worth $140M
Oasis Network has announced that the firm has teamed up with a group of white hat hackers. The platform stated that the purpose of the...
Crypto Is Similar To Gambling, Says WWW Creator
Tim Berners-Lee, the person who invented the World Wide Web (WWW), considers that crypto assets are dangerous while investing it is like gambling to investing...
Conflicting Signals for the Status of Crypto in Thailand
The administration of Thailand is getting ready to offer tax exemptions and benefits to cryptocurrency firms that distribute digital and virtual assets. According to Reuter's...
Crypto ATM Firm Profits from Bitcoin (BTC) Scams
Over fifty cryptocurrency firms had to end operations following investigations led by the United States Secret Service's money laundering and cybercrime Task Force. In addition,...
BTC Adoption to Grow over 50% by 2025, Report Claims
A survey conducted by US Faster Payment Council and Ripple suggests that Bitcoin (BTC) adoption among merchants is likely to grow by 50% three years...
Silvergate Suspends Crypto Payments After Posting $1B Loss
On Saturday, Silvergate announced that it had halted its Silvergate Exchange Network (SEN) after the crypto-friendly bank raised concerns over its viability. Launched in 2017,...