Crypto Regulation

A poll reveals entrepreneurs are concerned over the new bitcoin law in El Salvador.

Camarasal, a well-known entrepreneur association in El Salvador, revealed the results of a poll made this month. The poll showed that almost 100% of Salvadorans are concerned about the implementation of the new bitcoin tender law approved recently. The...

President of Tanzania urges the central bank to explore digital currency use cases.

Tanzania President Samia Suluhu Hassan urged the country's central bank to explore the role digital currencies could play in the country's economy in a move that could see Tanzania on course to introduce greater support for digital assets. President...

US Senator Cynthia Lummis says she is all on bitcoin.

In an interview with Reason Podcast, happened during the Bitcoin 2021 conference in Miami, US Republic Senator from Wyoming Cynthia Lummis said she is all on bitcoin. Cynthia Lummis attended Bitcoin 2021 conference in Miami, and Reason described her...

SEC delays its decision on VanEck BTC ETF, seeks public comments.

The US Securities Exchange Commission has a history of delaying the approval of Bitcoin ETFs. The regulatory hurdles and the indefinite rejections in the past have dented the hopes of a quick SEC approval. Crypto-enthusiasts have already been frustrated...

World Bank refuses El Salvador’s request for help in Bitcoin transition.

The World Bank has refused El Salvador's request to help the Central American country's transition to adopt Bitcoin as legal tender. El Salvador recently passed a law authorizing the world's leading cryptocurrency bitcoin as legal tender in the country....

Microstrategy plans to sell up to $1 billion of its shares to invest more in bitcoin.

Since Microstrategy’s $500 million sales in debt offerings, the publicly-traded software company has taken further steps to fuel its Bitcoin hoarding. In an announcement earlier this week, Microstrategy indicated through an SEC filing that it is planning to sell...

Indonesian Central Bank bans cryptocurrency payments.

Indonesia's central bank, the Bank Indonesia, will prohibit the use of cryptocurrencies as a payment tool, according to Governor Perry Warjiyo. The governor made the announcement during a virtual seminar on June 15. He also said that crypto would...

Economist Steve Hanke says Bitcoin’s adoption as legal tender could completely collapse El Salvador’s economy.

Steve Hanke, who served as a senior economist under President Ronald Reagan's administration from 1981 to 1982, has warned that El Salvador's decision to authorize bitcoin as legal tender has the potential to "completely collapse the economy." The economist...

Nigeria plans to launch its CBDC by the end of 2021.

An official with the Central Bank of Nigeria (CBN) told a local news outlet that the central bank is hoping to launch a central bank digital currency (CBDC) “before the end of the year. Director of IT for CBN,...

Block.one settles the EOS ICO class-action lawsuit by paying off $27.5 million.

The issuer of the EOS token Block announced last week that the company has agreed to settle a class-action lawsuit brought against its initial coin offering (ICO) by paying $27.5 million. The lawsuit was brought against the blockchain company...

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ASIC mining manufacturer Canaan plans to begin its first mining operation in Kazakhstan.

The NASDAQ-listed ASIC mining manufacturer Canaan Inc. plans to accumulate Bitcoin directly and optimize its revenue streams by expanding...