Nayib Bukele, the President of El Salvador, has actively shown his support for Bitcoin. He has used his position to improve the usage of the cryptocurrency within the country by creating a wallet, a Bitcoin Fund, and incentives to...
China announced its latest crackdown on cryptocurrency days back, and since then, the country has been carrying out activities to ensure that the ban holds. This recent ban is a blanket one that covers every crypto-related activity, unlike the...
Some lawmakers in Iran have opposed the restrictions placed on digital assets in the country, hence setting to change the government’s policies on cryptocurrencies. According to them, using cryptocurrencies will improve the nation’s sanctioned and troubled economy. “Taking a...
El Salvador has become one of the first countries to accept Bitcoin as a legal medium of exchange within the country. Its President, Nayib Bukele, has been actively pushing for this, and it is not surprising that the El...
SEC has been on a roll recently, charging different crypto-based companies for varying purposes. Coinbase was recently threatened by the SEC due to its intending yield product. Other cryptocurrency companies had released their yield products years ago, and Coinbase...
In the latest episode in the ongoing public saga, the UK's Financial Conduct Authority (FCA) has published a Supervisory Notice in which it declared that the world’s largest cryptocurrency exchange, Binance, was not capable of being effectively supervised. The FCA’s Notice...
