Crypto Regulation

The People's Bank of China has vowed to maintain heavy regulatory pressure on cryptocurrency trading and speculation after escalating its clampdown in the sector earlier this year, BNN Bloomberg reported. The central bank will also supervise financial platform companies...

Kazakhstan has recently attracted the attention of the cryptocurrency world in recent months as one of the biggest destinations for block reward miners that are being forced out of China amid regulatory crackdown. Now the Kazakhstan government has allowed...

Cryptocurrency exchange Huobi is to dissolve its Chinese subsidiary, originally set up to house the exchange in China, after moving its business from the country several years ago. The move sees Huobi join fellow cryptocurrency exchange OKEx in closing...

The Ghanaian Vice President, Mahamudu Bawumia, has urged African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade. According to a report, Bawumia made these comments while addressing guests at the Ghana International Trade...

Earlier, El Salvador's 40-year-old president announced that he would be making the leading digital currency bitcoin legal tender in the South American country. The bold decision has faced a lot of criticism, including from the citizens who have taken...

Authorities in Brazil have seized over $33 million in a crypto laundering investigation involving more than a dozen fictitious companies. Brazilian authorities have been probing the money laundering ring for some time now and claim that even the crypto...

Last-minute additions to the bipartisan infrastructure deal in the United States Senate saw lawmakers propose expanded cryptocurrency taxation to raise an additional $28 billion in revenue. The latest proposal will implement more strict rules on businesses dealing with crypto, expand reporting...

Coming after a two-week-long bearish loom that started on July 15, this is the second time the leading cryptocurrency bitcoin is trying to break $40,000 resistance in two days. Bitcoin briefly reclaimed its $40,000 mark before going back to...

Binance CEO Changpeng Zhao has revealed that the crypto company will shift gears and begin working towards regulatory compliance across the globe. Zhao Tweeted several posts on Tuesday about the direction of his exchange. Binance CEO stated that he had hosted...

The world's leading e-commerce giant Amazon is looking for a digital currency and blockchain lead to leverage these technologies to better its payments system. This led to reports that Amazon was considering bitcoin payments, although the firm has denied...