The U.S. Department of Justice (DOJ) has announced an indictment against the global cryptocurrency exchange KuCoin and two of its founders, Chun Gan (also known as Michael) and Ke Tang (Eric). The…
Category: Policies and laws
The policies and laws of the country on the issue of cryptocurrencies. Governments’ views on accepting or banning Bitcoin and cryptocurrencies
SEC Delays All 12 Bitcoin ETF Spot Registrations Until 2024
In a recent announcement, the U.S. Securities and Exchange Commission (SEC) has declared the postponement of the entire set of 12 Bitcoin Exchange-Traded Fund (ETF) Spot registrations until the year 2024. On…
Chinese Government Recognizes NFTs as Property: The Legal Implications
In a landmark announcement on November 10, 2023, the Chinese government officially recognized non-fungible tokens (NFTs) as assets, imposing penalties on individuals engaging in the theft of digital collections, including tokens that…
FTT Surges 85% After SEC Chairman’s Statement
In a remarkable turn of events, the price of FTT, the native cryptocurrency of FTX exchange, soared by nearly 85% following a statement from the U.S. Securities and Exchange Commission (SEC) Chairman,…
Exploring the Potential of a Central Bank Digital Currency: The Central Bank of Brazil’s Pilot Test
The Central Bank of Brazil has confirmed that it will be running a pilot test for its proposed central bank digital currency (CBDC), the digital real, this year. This news comes after…
Preparing for a Global Economic Downturn: Kiyosaki’s Advice on Investing in Gold, Silver, and Bitcoin
The world economy is on the brink of collapse, according to Robert Kiyosaki, the author of the best-selling book Rich Dad Poor Dad. Kiyosaki has warned that another bank is about to…
Is Signature Bank the Last Game in Crypto-Town?
The cryptocurrency industry has been rocked by the recent news of Silvergate Bank’s liquidation and Silicon Valley Bank’s (SVB) financial difficulties. Market analysts believe that Signature Bank (SBNY) may be a buy…
Successful Completion of Pre-Trial Stage of Iran’s Digital Rial Project
The Central Bank of Iran (CBI) has announced that the pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully. The authorities in Tehran plan to expand…
Exploring the Potential of Cross-Border Retail CBDC Payments: An Analysis of BIS’ Project Icebreaker
The Bank for International Settlements (BIS) recently released a report summarizing the results of its “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital…
Pilot Testing the Digital Real: The Central Bank of Brazil’s CBDC Initiative
The Central Bank of Brazil has confirmed that it will be running a pilot test for its proposed central bank digital currency (CBDC), the digital real, this year. The announcement was made…