Tag: crypto

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Posted in Crypto Update

UK Government Rejects Treating Unbacked Crypto Trading as Gambling

The UK government has taken a strong stance against categorising consumer trading in unbacked cryptoassets as gambling….

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Posted in Crypto Update

Nigerian social payments app shuts down crypto exchange services

Nigerian social payments app, Bundle announced on July 20 that it is shutting down its crypto exchange…

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Posted in Crypto Update

Binance slashes costs, Ripple ready for US banks and crypto VCs return

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have…

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Posted in Crypto Update

Crypto VC funding tumbles as economic uncertainty scares off investors

The month of June closed out with a 29.73% decrease in venture capital investments, with just $779.32…

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Posted in Crypto Update

US Justice Department to double its crypto team, target ransomware crimes

The United States Department of Justice (DoJ) has said it will double the number of staff on…

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Posted in Crypto Update

US state agency issues alert on crypto fraud happening over social media

The Vermont Department of Financial Regulation (DFR), a United States state agency, warned citizens against rising crypto…

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Posted in Crypto Update

Indonesia launches its crypto exchange and clearing house

The national cryptocurrency exchange, announced by the Indonesian government a week ago, has begun to function, according…

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Posted in Crypto Update

Canadian police warn crypto investors on growing home robbery trend

A Canadian police department has issued a public warning of a possible trend where high-value cryptocurrency investors…

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Posted in Crypto Update

Kuwait bans crypto and virtual assets transactions

The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin…

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Posted in Crypto Update

No impact from Ripple ruling? SEC chair cites risks from crypto in budget request

United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and…