Despite being the largest digital currency in the world, Bitcoin faced a rejection from South Dakota lawmakers. The US state followed the lead of Montana which also recently rejected the Bitcoin reserve bill concept. Meanwhile, Bitcoin fell below $90,000 and it is trading above the $85K mark at press time.
One of the top crypto exchanges, OKX made it to the headlines today for operating an unlicensed business. It agreed to pay around $505 million worth of fines for violating US anti-money laundering rules. Most of these violations occurred from 2018 to 2024. As per the recent report published by
The Crypto Regulation has witnessed radical and unprecedented shifts in the past two years. From being a niche investment loosely regulated and with minimal monitoring in the past. It is now a top priority for governments around the world. As we see the unfolding of new political trends in the
The number of US states that are exploring Bitcoin investments has lost count under Trump’s presidency. Georgia has also filed a Bitcoin reserve bill on Feb 14, 2024 adding to the list of these states. As per the latest updates, Georgia filed for a second Bitcoin reserve bill to invest
Crypto regulation has always been one of the essential but hard to implement things in the crypto space. While some countries didn’t place clear regulations to follow, others maintained stringent regulatory policies when it comes to digital currencies. However, crypto regulation took front seat across the globe following Trump’s presidency
The New York Senator is making rounds across the media with his recent bill proposal in the state. He has introduced The New York State Cryptocurrency and Blockchain Act recently, which also included establishing a crypto task force. Ever since Trump’s election as the President in Nov 2024, crypto regulation
Bybit crypto exchange has finally registered with Indian financial regulator FIU after facing compliance issues. Referring to the same, CEO Ben Zhou posted on X saying this is good news for Indian users. Despite being the top-second crypto exchange in the world by trading volume, Bybit had to face a
India is one of those countries with stringent laws around cryptocurrencies and their adoption. The government first recognized and imposed taxes on digital assets starting from April 2022. Even after losing considerable trading volume following the tax rules, the Indian government hasn’t lowered hefty taxes on crypto income. During the
From being a niche industry limited to tech enthusiasts to becoming a trillion dollar industry with widespread adoption across the globe, the crypto industry witnessed massive growth over the years. Despite the growing adoption of cryptocurrencies, global countries have not yet formed clear regulatory policies for the industry. South Korea
President Donald Trump finally put an end to the long wait of the crypto industry and signed a crypto executive order to make the US a crypto-friendly country. The much-awaited executive order is here to fulfill the promise of Trump to make the “US a crypto capital of the planet.”
