Category: Uncategorized

May 9, 2023

Estonia’s money-laundering authority highlighted a variety of flaws it discovered among local crypto businesses, including dubious executives and illogical business models. Following the government’s recently updated Terrorist Financing Prevention and Anti-Money Laundering regulations (AML) that went into effect in March, around 400 virtual asset service providers (VASPS) voluntarily shut down or had their authorizations revoked […]

May 5, 2023

According to records of the Montana Legislature, the governor signed SB 178 into law after the bill passed in the state House and Senate. The legislation was focused on enshrining crypto miners’ rights by revising the existing laws, not allowing taxation for cryptocurrencies as a payment method, and prohibiting electrical rates for mining firms. The […]

January 19, 2023

The United States Financial Crimes Enforcement Network (FinCEN) which is a bureau of the country’s Treasury Department states that Binance is linked to the Bitzlato, which is seen as an illegal cryptocurrency platform. As per its order published on January’18,  FINCEN argued that the Binance cryptocurrency exchange was found to be amongst the “top three […]

November 2, 2022

  First steps are being taken in Colombia to regulate cryptocurrency exchanges. The Colombian Congress has taken the first steps toward bringing clarity to this issue by passing a measure that governs the conduct of bitcoin exchanges in the nation during its first discussion. A member of the Green Party and one of the bill’s […]

October 29, 2022

Central African Republic to tokenize the nation’s natural resources The impoverished country has launched an ambitious crypto project that includes using Bitcoin as legal tender, attracting investment and creating its own metaverse. The Central African Republic (CAR) has announced plans to proceed with its ambitious Sango Project by tokenizing access to the country’s abundant natural […]

  El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not […]

October 28, 2022

Elrond’s Maiar DEX is shut down by a suspected exploit. Andu Tabacu, the creator of the NFT project Elrond Lucky Birds, revealed his discoveries by publishing screenshots of EGLD being exchanged for USDC using information from the blockchain explorer. According to Tabacu, this was likely an exploit involving “lottery style smart contracts.” Elrond has not […]

October 8, 2022

The foundation cites “ongoing and threatened lawsuits” because it has been unable to distribute its remaining assets to users of the land deposits (starting with smaller scammers). The Luna Foundation Guard, or LFG, a foundation focused on the Terra ecosystem, said it could not provide a timetable for the distribution of assets to users after […]

September 20, 2022

No doubt idea of news that was previously intended to create awareness has shifted towards creating gossip and buzz. This is the result of media that has inflated to the point where finding relevant information is becoming a challenge.  However, the job becomes more critical when it’s about niche topics like cryptocurrency, blockchain, and the […]

September 14, 2022

Abu Dhabi Global Market Financial Regulator Announces “Guiding Principles” for Virtual Asset Regulation. The regulator of the World Financial Market Abu -Dhabi, FSRA -Regulatory Authority (FSRA), recently released six policies that led to “access to regulation and monitoring virtual property”. Although not legally linked, politics, according to FSRA, “for details of our published structure must […]

August 31, 2022

Energy Minister: Sweden Needs Power for Uses Other Than Bitcoin Mining. Sweden’s energy minister noted that the Swedish government is concerned about the expected increase in demand for electricity, which could lead to a return to cryptocurrency mining. The Swedish Bitcoin mining industry, one of the leaders in Europe, may soon lose preferences, media reports. […]

August 17, 2022

Genesis is apparently cutting 20% of its personnel, and CEO Michael Morrow is resigning, a week after reporting a 9% decline in loan agreements through its credit service. Genesis Trading declared today that its executive team will be shifting immediately. From this vantage point, Michael Morea’s interim leadership will fall under the Terrier Operation Administrator’s […]