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The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities to investigate Suex’s connections with financial companies … Read more
Authorities in Abkhazia have confiscated thousands of mining machines, closing down all large crypto farms, yet they have admittedly failed to put an end to illegal mining operations. The breakaway republic of Georgia has been struggling with power shortages blamed on underground miners. 30,000 Rigs Remain in the Hands of Miners, Government Says In recent … Read more
Authorities in Indonesia do not intend to follow China’s example of imposing an outright ban on cryptocurrencies, a government official said, noting the country will limit itself to ensuring they are not used in illegal activities. The statement comes after local crypto exchanges registered a serious increase in turnover this year. Indonesia to Tighten Regulations … Read more
Older Australian crypto investors outweigh the new generation in initial investment, but the younger crowd is more active in daily trading. Go to Source Powered by WPeMatico
If the United States is still not ready for central bank digital currency, it will stay on the sidelines of tech and financial innovations. Go to Source Powered by WPeMatico
The decentralized, disintermediated and borderless blockchain networks challenge regulators, but DeFi is the future of finance. Go to Source Powered by WPeMatico
Since 2009, China and Hong Kong have “banned” or otherwise caused FUD in the crypto space on 22 separate occasions. Go to Source Powered by WPeMatico
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi. Go to Source Powered by WPeMatico
An analyst from global banking giant Deutsche Bank expects Bitcoin will enjoy a “first-mover advantage” over other cryptocurrencies for the foreseeable future. Go to Source Powered by WPeMatico
16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels. Go to Source Powered by WPeMatico