Bittrex, A Cryptocurrency Exchange, Has Been Fined For Circumventing US Sanctions.
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) fined Bittrex $24 million and forced them to make a $29 million settlement […]
Cryptocurrency
The Brazilian Tax Authority Has Recorded 12,000 Institutional Crypto Holdings.
In Brazil, where 7.8% of the population, or roughly 16 million individuals, now possess Bitcoin, it is becoming more commonplace. Exchanges like Binance, Crypto.com, and […]
Why Is Crypto Today Crumbling As Altcoins Turn Deep Red?
The cryptocurrency market has turned red overnight and is experiencing extremely negative feelings. Bitcoin has dropped about 2% in the last 24 hours, while Ethereum […]
Terra Reacts To Case Against Do Kwon, Claims Matter Is Highly Politicized
The collapse of the algorithmic stablecoin Terra and its native token LUNA remained a shocking event in the crypto space. The outcome was the loss […]
META Opens NFT Sharing For US Facebook, Instagram Users
Tech giant Meta said it had opened NFT sharing capabilities for all of its US based Instagram and Facebook users. This allows for all U.S. based users […]
South Korea Prosecutors Raid Bank For Crypto-Related Illegal FX Transactions
South Korea’s Prosecutors conducted a “search and seizure” in Woori Bank’s headquarters for investigating crypto-related illegal foreign exchange transactions. South Korea’s Financial Intelligence Unit (FIU) […]
Interest in $ADA, $SHIB, $XRP, and Others Surges as Crypto Markets Plunge
While the prices of most cryptoassets have been plunging over the past week, a few cryptocurrencies have seen social interest in them surge as traders […]
JP Morgan To Render Crypto Services Despite The Bear Run
JPMorgan & Co. is one of the leading financial services institutions globally, including crypto. Its assets and worldwide operations are worth over $2.6 trillion. The […]
Kraken Co-Founder Jesse Powel Stepping Up To Become Chairman of the Popular Exchange
Kraken, a leading crypto exchange, says that Co-Founder and current CEO Jesse Powell is giving up his CEO role and becoming chairman of the board […]
Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure
The crypto rial has been in preparation for years; its introduction comes on the heels of the country’s introduction of cryptocurrency for foreign trade. The […]