In the world of cryptocurrency, the courtroom is just as chaotic as the market itself. While Bitcoin and Ethereum were built on the promise of decentralization—cutting out middlemen and regulations—governments aren’t giving up control without a fight. In 2022...
Iran’s currency, the rial (IRR), has been losing value quickly as the country struggles with economic problems. To slow down this decline, the Central Bank of Iran (CBI) recently banned rial payments on all cryptocurrency exchanges. This move has...
Ki Young Ju, CEO and founder of CryptoQuant, has voiced strong concerns about South Korea's economic trajectory, criticizing current government policies for exacerbating economic instability and diminishing the appeal of domestic assets. In a recent post on X, Ki...
The US Department of the Treasury issued a semiannual regulatory agenda on August 16, 2024, proposing a revised definition of "money" to include cryptocurrencies and other digital assets. This redefinition essentially brings cryptocurrencies under the same legal and regulatory...
Coinbase CEO Brian Armstrong recently voiced his criticism of law firms representing crypto companies while employing individuals with a history of opposing the blockchain and cryptocurrency industry. Taking to X (formerly Twitter), Armstrong stated: "As a company committed to...
Pro-bitcoin regulations have been approved in a second U.S. state as Louisiana passes a groundbreaking pro-bitcoin bill to safeguard access to bitcoin and limit Central Bank Digital Currencies. Governor Jeff Landry signed House Bill 488 into law after it...
Today, June 19, 2024, Blockchain firm Consensys announced in a post on X that the U.S. Securities and Exchange Commission (SEC) had closed its investigation into Ethereum 2.0, marking it a significant milestone for the second-largest cryptocurrency by market...
Brazil's tax authority, the Special Department of Federal Revenue of Brazil (RFB), is set to summon foreign cryptocurrency exchanges operating within the country to clarify their operations and cooperation with local service providers, according to a new report from...
European digital asset trading platform Uphold will stop supporting six stablecoins starting from July 1 due to the region's new crypto-facing regulatory framework, the Markets in Crypto-Assets Act (MiCA). In a recent post on X (formerly Twitter), Antony Welfare,...
The Zimbabwean government has asked for public input from stakeholders as it tries to develop regulations for the use of cryptocurrency in the country. According to a Bloomberg report, the government announced on Wednesday, June 12, that all cryptocurrency...
