Crypto News

JPMorgan Chase & Co warns that the US has the most to lose from the disruptive potential of digital currencies.

Analysts at the largest bank of the USA, JPMorgan Chase & Co., issued a warning saying that there is no country with more to lose from the disruptive potential of digital currency than the United States. According to the...

Bitcoin has much more meaningful value than US Dollar, says Tyler Winklevoss.

Ongoing unprecedented US dollar printing by Federal Reserve has led many to wonder whether the US dollar can survive unscathed. While some folks believe the implications might not come for years since the dollar still has considerable dominance, others...

Shopify partners with CoinPayments to enable payments in 1800 cryptocurrencies.

The Canadian e-commerce giant Shopify has partnered with CoinPayments to enable its clients to pay merchants in over 1,800 digital currencies as opposed to an earlier basket of only 300 based on its ongoing partnership with BitPay. This new...

The President of Iran calls for a new national strategy for crypto mining.

The President of Iran Hassan Rouhani has emphasized the importance of a revised national approach for the emerging crypto industry. According to the Iranian news site ArzDigital report, Iranian President chairing Iran’s economic coordination headquarters, during a seminar for the...

Lawmakers propose laws that seek to criminalize the use of crypto in Russia.

According to the Forklog report, the Ministry of Economic Development in Russia has moved several bills in the State Duma, including an updated draft for digital financial assets. The proposed laws primarily touch the administrative and criminal liability for...

Researchers in the Philippines are tracking the use of crypto by terror groups.

A report published by the Philippine Institute for Peace, Violence and Terrorism Research (PIPVTR) reveals that terrorist groups related to Islamic State (IS) in Southeast Asia recently made their first transactions using crypto. The report further revealed that the...

Iranian lawmakers propose laws to clamp down on the crypto industry.

Countries are moving towards are regulating the crypto industry to include it in the existing financial system. However, some countries still consider crypto to be a threat to their financial sovereignty. The Middle Eastern country Iran has proposed a...

BitMEX promises to investigate the halt the exchange experienced.

The crypto derivatives exchange went offline for about 45 minutes on May 19th. The exchange wrote on twitter that they are "working to bring it back online as soon as possible." Now BitMEX has promised that they would investigate...

IS-linked terror groups conduct the first transaction in crypto in the Philippines.

Terror financing in Southeast Asian countries has increased substantially among pro-Islamic State terror groups. In the Philippines, IS-linked terror groups have conducted first transactions in cryptocurrencies. The critics of crypto have always accused the digital form of currency of...

Swiss-based Libra Association appoints Robert Werner as the General Counsel.

The Swiss-based crypto project, Libra Association, announced on Tuesday that it had appointed Robert Werner as its General Counsel, to help guide the company as it tries to get regulators onboard for its stablecoin Libra. Robert Werner has vast...

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Switzerland’s government rejects COVID-19 relief request for crypto valley’s blockchain startups.

Heinz Tännler, Zug's finance director, requested for a CHF100 million ($103 million) relief package for the blockchain industry last...