Crypto Regulation

A new law in Singapore requires all crypto companies to obtain a license.

Singapore's Payment Services Act came into effect on 28th January 2020, which makes it compulsory for cryptocurrency businesses to obtain a license and get registered. The Monetary Authority of Singapore (MAS) announced today that the Payment Service act was...

Telegram clears rumors about TON blockchain and Grams.

The encrypted messaging giant, Telegram, published a blog post saying that they hope Gram will become a true compliment to traditional currencies, improving the speed, efficiency, and security of everyday commercial transactions globally. Telegram also warned that nobody can...

Deutsche Bank says crypto poses a threat to political and financial stability.

The Frankfurt-based investment bank published a report saying that non-sovereign cryptocurrencies pose a threat to political and financial stability as a real digital payment revolution has been underway for the last ten years. The report claims that even though...

Iran’s low electricity costs propel the crypto mining industry.

The Iranian government has granted over 1000 licenses for cryptocurrency mining, according to the Financial Tribune report. Currently, several large crypto mining facilities are operating throughout Iran, but electricity cost has kept small players from entering the market.   "Crypto mining...

OneCoin scam co-conspirator is trying to get his sentencing postponed.

Co-conspirator of one of the largest crypto scam, Mark Scott, is trying to get his sentencing postponed until April 21st. Mark was convicted on two counts of conspiracy to commit bank fraud and the conspiracy to commit money laundering....

Hawaii lawmakers introduce a bill that would allow banks to hold cryptocurrencies

Five senators from the US state of Hawaii have proposed a bill seeking to authorize banks to provide crypto services. The ambitious bill, if passed, would make it legal for Hawaiian banks to hold crypto assets for their customers.   Four...

BIS report says countries with emerging economies are more likely to issue CBDC

According to a Bank of International Settlement report, central banks in emerging economies are more likely to launch their CBDC as compared to central banks in developed economies. The report also revealed that most of the work being done...

Bank of Japan is looking to accelerate its research on CBDC.

Central banks all over the world are studying and analyzing central bank-issued digital currencies. As reported earlier, central banks in Europe, Canada, and other countries grouped together to discuss the impact of central bank-issued digital currencies on the economy...

Pornhub adds support for Tether via TRON wallet.

The popular adult entertainment website Pornhub announced on Wednesday that it will now accept payments in the stablecoin Tether (USDT) using the TRONLink wallet. Earlier, TRON founder Justin Sun had encouraged Pornhub to add USDT to support its model.   PayPal...

Telegram CEO Pavel Durov calls iCloud a surveillance tool.

The tech giant Apple dropped its end-to-end encryption plans for iCloud nearly two years ago after having a conflict with the US regulators. The Federal Bureau of Investigation (FBI) had complained that such a feature would harm investigators. Pavel...

Latest News

Bitcoin finally breaks above the $9,000 mark.

The first month of 2020 has been quite good for bitcoin bulls as they managed to push through the...