Bitcoin

1,100 people arrested in China over alleged crypto fraud

Chinese police busted a network of more than 170 criminal groups as they arrested 1,100 suspects involved in money laundering by buying cryptocurrencies, security officials said in a statement. The charged individuals are accused of converting illegal proceeds into cryptocurrencies via crypto exchanges, the Ministry of Public Security said, without revealing the amount of money […]Read More

Bitcoin

Swiss committee proposes banks hold a dollar for every dollar

Swiss committee proposes banks hold a dollar for every dollar in Bitcoin exposure Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Switzerland › Regulation Banks will face the most strenuous requirements if they wish to be exposed to cryptocurrencies. Shaurya Malwa · June 10, […]Read More

Regulation

India could soon classify Bitcoin as a regulated ‘asset’

Lawmakers in India are reportedly looking to classify Bitcoin as an ‘asset’ regulated by the Securities and Exchange Board of India (SEBI), as per a report on local daily the New Indian Express this morning. Regulation for Bitcoin incoming? SEBI is expected to oversee Bitcoin activity in India and classify it as a proper, regulated […]Read More

Bitcoin

Fancy a Bitcoin mined via volcano? El Salvador is making

A geothermal pit dug beside a volcano will help power Bitcoin mining operations in El Salvador, the country’s president said in a tweet last night. “I’ve just instructed the president of  @LaGeoSV (our state-owned geothermal electric company), to put up a plan to offer facilities for Bitcoin mining with very cheap, 100% clean, 100% renewable, […]Read More

Bitcoin

A top Bitcoin whale picked up 3,706 BTC amidst brutal

A top Bitcoin whale picked up 3,706 BTC amidst brutal dip, data shows Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Edge › Bitcoin › Investments BTC whales step up at a time when market uncertainty remains fearful. Samuel Wan · June 10, 2021 at 2:00 […]Read More

Bitcoin

US investors made over $4 billion trading Bitcoin last year

A recent report from cryptocurrency analytics firm Chainalysis has shown that quite a number of countries made massive gains in their Bitcoin investments when compared to their traditional economic rankings. US Bitcoin investors lead gains The report broke down the estimated gains made by countries in 2020. What this means is that countries that could […]Read More

Bitcoin

Mexico, too, wants to jump on the crypto train as

Federal government of Mexico representative, Eduardo Murat Hinojosa announced on Twitter he is taking action to push forward Bitcoin and crypto adoption in the country. “I will be promoting and proposing a legal framework for crypto coins in Mexico’s lower house,” said Hinojosa, explicitly mentioning Bitcoin in a tweet.   Voy a promover y proponer ante […]Read More

Regulation

Bitcoin is now ‘legal tender’ in El Salvador

A Bitcoin bill aiming to make the world’s cryptocurrency classified as ‘legal tender’ has “a 100% chance” to passed by the Congress in El Salvador, President Nayib Bukele said today. Bukele’s party has 64 out of 84 seats and is going through the bill, but Bukele says he will sign off on the law “later […]Read More