Pakistan’s Urdubit Exchange Shuts Down After Crypto Ban

Urdubit, a leading Pakistani bitcoin exchange, has closed down permanently. The news came after the central bank of Pakistan announced a ban on dealings with cryptocurrencies. The trading platform urged customers to withdraw their funds “as fast as possible”. Its team confirmed on social media its operations had been suspended due to the prohibition of … Read more

Poles Protest Unfair Taxation of Crypto Incomes and Profits

A decision by the Polish government to tax crypto transactions, even those that do not return profit, has provoked discontent among traders in the country. The local crypto community has decided to protest against the official stance of the Finance Ministry with an online petition which is gathering support. Taxes on crypto-related income in Poland … Read more

Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular

The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies … Read more

PR: Bitcoin Depot – Expands Bitcoin Atm Network to 15 States to Provide Cryptocurrency Access to 85 Million People

Bitcoin ATMs are becoming increasingly popular as the adoption of cryptocurrencies are becoming more mainstream. They make buying and selling cryptocurrency much more accessible than ever before. The company leading the way to mainstream adoption is Bitcoin Depot. Bitcoin Depot has recently installed its 125th ATM, adding to the company`s rapidly growing Bitcoin ATM network. … Read more

Markets Update: Cryptocurrency Prices See Some Slight Recovery

The price of bitcoin and a slew of other cryptocurrencies have started to see some slight recovery on Tuesday, April 3rd’s morning (EDT) trading sessions. The entire economy of over 1,500 different cryptocurrencies has increased in value surpassing a $278 billion market capitalization with 5-20 percent gains. Also read: Huobi’s Sentiment Index Shows Cryptocurrency Investors Still … Read more