Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Elizabeth Warren Questions Bitcoin Miner, Post-Brexit Crypto Advantage + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The South Korean crypto trading platform Bithumb has been hit by disrupted transactions, with deposits and withdrawals requests encountering “errors” – with customers rushing to complete new know-your-customer (KYC) procedures. Bithumb users reported disruptions as the number of users trying to verify their identity on the exchange appears to have swamped servers with traffic….…
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The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to a digital dollar, Yellen said, but noted that “there are also meaningful costs.” Janet Yellen Has Not Decided Whether the Fed Should Develop…
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India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Crypto Will Not Be Banned in India, Cabinet Note Indicates Despite reports of the Indian government planning to ban cryptocurrencies, NDTV…
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As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions. A cabinet note on the proposed cryptocurrency bill says that cryptocurrencies will not be recognized as legal tender in India, but regulated…
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Roskomnadzor, the government body responsible for oversight of communications in Russia, is taking steps to block six more VPN providers. The move comes after the agency cut access earlier this year to a number of VPN services helping Russians to reach “banned” information. Roskomnadzor Moves to Block More VPNs in Russia The Russian Federal Service…
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Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such platforms. Decision on Digital Currency Exchangers in Russia Expected Next Year Considerations regarding the regulatory treatment…
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South Korean MPs have finally overturned the government on its proposed crypto tax plans, ending a long saga that pitted lawmakers against the large crypto-skeptic administration of President Moon Jae-in…. Read More: Crypto Fans Build Up Their Power as S Korean Politicians Delay Crypto Tax Read more »Pay, Trade, Buy Bitcoin with Credit Card
Paraguay is inching closer to legalizing Bitcoin (BTC) and crypto mining – and potentially opening up its huge hydroelectric power capacity to industrial miners – with more senators lending their support to a key proposal. The bill has been in the pipelines for several months, and was the brainchild of a group of miners,…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Craig Wright & Deadlock, Randi Zuckerberg Gets a Crypto Task + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
