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South Korea Snatches off $47 Million From Tax Evaders

All the major countries all over the world are completely submerged into regulations and reforms in their cryptocurrency industry. This contagion has not spared South Korea too. Most cryptocurrency exchanges are facing tremendous hardships in order to cope up with the regulations.  Gyeonggi-do’s Seizures Gyeonggi-do is South Korea’s largest and

June 24, 2021 2 mins read

US Needs Central Bank Digital Currency Says Chris Giancarlo

An American attorney and former business executive, Chris Giancarlo, the former Chairman of the US Commodity Futures Trading Commission. One of the few high-profile officials who served under the administrations of both Obama and Trump. As the former Chairman of Commodity Futures Trading Commission, Giancarlo’s last venture was a digital

June 22, 2021 2 mins read

One of Britain’s Biggest Bank Suspending Crypto Purchases

TSB Bank, a British banking institution, is considering suspending its crypto purchases due to fraud concerns. The company in recent times has shown an increase in the cases of fraud related to crypto. Based on the experience with transactions regarding Binance and Behemoth Exchanges. The company has taken this extreme

June 22, 2021 1 min read

Amber Group Raised $100M in Funds As Investors Rush to Back Companies

Amber Group raised a fund of $100 million. The companies that purchased Bitcoin (BTC) are Tesla and Square. The new capital raised will be used to make strategic acquisitions. An integrated crypto financial services firm, Amber Group has raised a fund of $100 million as traders rush to back companies

June 21, 2021 2 mins read

Rapper Raftaar Accepts Cryptocurrency for Performance Fee

Rapper Raftaar Accepts Cryptocurrency for Performance Fee He thanked his manager for making the necessary arrangements. Raftaar did not reveal which cryptocurrency he will be paid in. Rapper Raftaar becomes the first Indian artist in accepting cryptocurrency for his performance fee for an upcoming performance in Canada. Moreover, Raftaar said,

June 20, 2021 2 mins read

Actress Mila Launches New NFT Series ‘Stoner Cats’

Actress Mila Launches New NFT Series ‘Stoner Cats’ The tokens can be used to access the comedy cartoon online.  The animator involved in this series has connections to Toy Story 2. American actress Mila Kunis has announced the launch of a new series of NFTs. Mila lately appeared on a

June 19, 2021 2 mins read

Morgan Stanley to Offer More Options for Bitcoin to Its Clients

Morgan Stanley might extend its bitcoin offerings to its clients, giving them more options to have Bitcoin in their portfolio. A company by the name of New York Digital Investment Group (NYDIG) specialising in Bitcoin related financial services. Has filed paperwork with the SEC to create an investment fund with

June 17, 2021 1 min read

Bank Indonesia Bans Cryptocurrency as Payment Method

Bank Indonesia bans cryptocurrency as a  payment method. Cryptocurrency not a legal instrument for payment in Indonesia. The whole cryptocurrency industry is facing many regulatory issues. The governor of the Indonesian Central Bank, Perry Warjiyo declared in the virtual seminar about the ban of cryptocurrency as a payment method or

June 16, 2021 2 mins read