Sun, November 17

Cryptocurrency Adoption Rises Steeply in Cuba Amid Heavy U.S. Sanctions

Cuba’s central bank has approved crypto and provided licensing criteria. The NBC reporter claims Cubans embrace the future. In reaction to the heavy U.S. sanctions, Cuba adopts bitcoin and other cryptocurrencies. According to a television report, more than 100,000 Cubans utilize digital currencies like bitcoin. For example, the NBC news

May 9, 2022 1 min read

New Report Reveals EU Considered Ban on Bitcoin Citing Environmental Concerns

New papers suggest that EU officials are not fans of Bitcoin. The EU seems to ignore the advantages of Bitcoin’s decentralized payment system. Bitcoin’s energy use has been revealed in a document acquired via a freedom of information act request. According to the paper, an outright trade ban is also

April 22, 2022 1 min read

Binance.US Receives Money Transmitter Permit in Puerto Rico

The island has earned a reputation as a crypto center over the last few years. The firm gathered nearly $200 million from a diversified collection of investors. Binance.US, the world’s biggest cryptocurrency exchange, has secured a money transmitter license in Puerto Rico as it continues to grow worldwide and become

April 20, 2022 1 min read

Money Laundering and Terror Financing Biggest Risk of Crypto as per Indian Finance Minister

As a result of the COVID-19 epidemic, India’s digital adoption rate increased. Reserve Bank of India (RBI) is working on introducing India’s own digital currency. Historically, India has had a rocky relationship with digital assets, particularly cryptocurrencies. However, the Supreme Court overturned a prohibition on cryptocurrency transactions in March 2020,

April 19, 2022 1 min read

Ireland Governor Proposes Banning Crypto Donations to Political Parties

O’Brien pointed out that political disinformation is a severe threat to democracy worldwide. The country’s relationship with cryptocurrencies has a checkered past. Russian cyber-interference in Ireland’s democracy will be countered by new regulations governing the integrity of political actors. As part of a legislative overhaul, foreign donations in crypto would

April 18, 2022 1 min read

Sultanate of Oman All Set to Incorporate Virtual Asset Regulation

The virtual asset regulatory framework is expected to be finalized by Q3 of 2022. Oman’s capital markets administration is now engaging with specialists. According to a source citing an OCMA adviser, the authority plans to incorporate real estate tokenization in its virtual asset regulatory framework. According to the report, the

April 17, 2022 1 min read

EU Parliament Approves New Legislation Banning Non-custodial Crypto Wallets

Bitcoin and the larger cryptocurrency market are again under negative pressure after a solid start to the week. More than $100 billion of investors’ worth has been wiped out by the crypto market’s 5% correction. As a result, Bitcoin is down 5.27 percent at press time and has fallen below

April 1, 2022 1 min read

US Senators Actively Researching on Wider Term Crypto Regulation

Stablecoins and CBDCs would be addressed in the law “to a smaller measure.” Bitcoin is down 0.67% in the last 24 hours. On the hourly chart of the BTC/USD pair, a big breakout pattern is also building with resistance at $47,700. The $48,000 level may serve as a significant obstacle

March 31, 2022 1 min read

Dubai Establishes Independent Authority to Regulate and Overlook Crypto Sector

The 15th edition of Art Dubai will take place from March 11-13. Dubai even inaugurated the ultra-high-tech Museum of the Future last month. By establishing a regulating and licensing organization, Dubai’s ruler aims to become a worldwide player in digital assets. HH Sheikh Mohammed Tweeted in Arabic regarding the development

March 9, 2022 2 mins read

ASCI Issues Guidelines For Crypto Advertisement and Promotions in India

Virtual digital asset (VDA) enterprises must comply with 12 rules. The ASCI claims that aggressive advertising for these items has been going on. A disclaimer on the risks of investing in digital assets in India will be required beginning on April 1. New rules issued by the country’s advertising authority

February 26, 2022 1 min read