Key Takeaways: Russian government agencies are negotiating a deal to make Bitcoin mining legal in areas with plenty of electricity. An efficiency guideline for crypto mining in Russia has been developed by crypto researchers. Russian authorities have reverted to focusing…
Key Takeaways: New regulations for remittances are being planned by the Japanese government in an effort to prevent criminals from exploiting crypto exchanges as a means of money laundering. The regulations call for exchanges to share user data, such as…
Key Takeaways: The nation’s central bank and finance ministry have already adopted a legislative proposal regulating cross-border cryptocurrency transfers. The creation, transfer, and usage of digital assets, including global cryptocurrency payments, are all subjects that the government wishes to regulate.…
Key Takeaways: A Criminal Gang Suspected of Laundering More Than $5 Billion in Crypto Has Been Arrested by China’s Police. Police detained 93 people who were linked to the case. Chinese police have effectively clamped down on a $5.5 billion…
Key Takeaways: Taxpayers who failed to remit cryptocurrency taxes receive John Doe summonses from a US court. The decision particularly required SFOX to provide information regarding its clients who conduct crypto transactions through M.Y. Safra Bank. With a recent court…
Key Takeaways: Vitalik Buterin, a co-founder of Ethereum, expressed optimism that Dogecoin and Zcash would migrate to PoS. Both Dogecoin and Zcash are certain that the switch will go smoothly. According to Vitalik Buterin, co-founder of Ethereum ($ETH), Zcash and…
Key Takeaways: A cryptocurrency company filed a patent lawsuit against Coinbase Global Inc. related to its digital trading technology. A $ 350 million lawsuit alleges that numerous Coinbase services violate a blockchain patent. Coinbase Global Inc, a cryptocurrency exchange, is…
Key Takeaways: A Bitcoin (BTC) mining data center company named Compute North has filed for Chapter 11 bankruptcy. The corporation has assets valued between $100 and $500 million but owes about 200 creditors $500 million. The CEO of Compute North,…
Key Takeaways: Assembly Bill 2269, a bill to regulate cryptocurrency, is vetoed by California Governor Gavin Newsom. The purpose of the measure was to require the California Department of Financial Protection and Innovation to issue special licenses to cryptocurrency firms…
Key Takeaways: Societe Generale, the French banking giant, has developed new services for its institutional clients. The services are aimed at institutions looking to capitalize on rising BTC and cryptocurrency demand. Societe Generale, France’s third-largest bank by market capitalization, provided…
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