Crypto News

Over 100 US crypto companies received loans under the Paycheck Protection Program.

The loan-level data for the PPP recently published by the Small Business Administration revealed that over 100 crypto companies in the US received aid under the Paycheck Protection Program to prevent mass layoffs. The majority of the crypto companies...

South Korean government plans to use blockchain technology in the healthcare system.

The government of South Korea is planning to adopt blockchain technology in various industries. The central bank of South Korea is currently reviewing the use of a central bank digital currency, and various government ministries want to adopt decentralized...

Binance CEO demonstrates the first use of Binance Card powered by recently acquired Swipe.

The CEO of the crypto exchange giant Binance Changpeng Zhao recently demonstrated the first use of Binance Card, a cryptocurrency debit card that was first announced by Binance in April 2020. The CEO revealed in a tweet that he...

Malaysia securities regulator warns against using crypto ATMs after a series of scams.

The Securities Commission Malaysia issued a public warning earlier this week, urging consumers that firms operating cryptocurrency ATMs are technically operating digital asset exchanges, which first need to be authorized by the regulator. The regulator has yet to approve any cryptocurrency...

Romanian programmer pleads guilty in a $722 million crypto-mining scam.

A Romanian programmer has pleaded guilty in connection with his role in creating the BitClub Network, a crypto mining scam that defrauded $722 million from investors. The Romanian programmer now faces five years in prison and a fine of...

The US CFTC plans to develop a framework to regulate and promote digital assets.

In its strategic plan for 2020-2024, the US CFTC plans to develop a framework to regulate and promote digital assets in the country. Alongside Coinbase’s IPO dreams, this framework could be a catalyst for major adoption in North America. Regulations around...

Web browser Brave and BitFlyer collaborate to develop a crypto wallet for Japanese users.

The privacy-focused web browser Brave and Japan's leading crypto exchange BitFlyer are partnering up to develop a crypto wallet for Japanese users. Both the companies announced on Thursday that they would start developing a crypto asset wallet for Brave...

Iranian government plans to tighten the crypto mining regulations.

The vice president of Iran, Eshaq Jahangiri, announced an official government decree designed to tighten its control over the growing crypto mining industry and throw out illegal operators in the country. According to the directive, all crypto miners have to register...

Economic historian Barry Eichengreen believes Libra has too many problems.

The well-known economic historian Barry Eichengreen believes that stablecoins are either too fragile or too expensive, to emerge as a dominant monetary form in the financial world. The UC Berkely professor argued that Facebook's planned Libra stablecoin faces too...

Malaysia’s Shariah Advisory Council allows crypto trading in a historic decision.

In a landmark announcement, the Securities Commission Malaysia's Shariah Advisory Council declared that digital assets trading was permissible. The Malaysian Shariah Advisory Council is the country's authority that oversees the enforcement of Islamic laws in the operation of Islamic...

Latest News

Over 100 US crypto companies received loans under the Paycheck Protection Program.

The loan-level data for the PPP recently published by the Small Business Administration revealed that over 100 crypto companies...