Source link Local authorities have reportedly lowered the debt threshold and employed mobile phone tracking to find the digital assets of evaders A city government in South Korea plans to confiscate crypto assets from citizens who owe the equivalent of several hundred dollars or more in taxes, Korean media have reported. This comes as part […]
Source link Nearly half of owners of virtual currencies in the US plan to vote for the former president, according to a Paradigm survey Former US President Donald Trump appears to be the leading candidate among potential voters who are holders of cryptocurrencies, according to a recent survey conducted by crypto investment firm Paradigm. 1,000 […]
Source link The West African nation’s authorities are investigating Binance and others for alleged terrorism financing and money laundering Major global cryptocurrency exchange Binance has announced that it will halt all transactions and trading in Nigeria’s local currency, the naira (NGN), after Friday. The firm did not provide a reason for the decision, but it […]
Source link The authorities believe such platforms have engaged in currency speculating that has led to a devaluation of the Nigerian naira Nigeria has blocked user access to several major cryptocurrency exchanges in a bid to protect the national currency, the naira, according to a report this week by the local online newspaper Premium Times. […]
Source link The Russian Council of Ulema has adopted a decree allowing Muslims to circulate and invest in cryptocurrency under certain circumstances, Mufti of Moscow Ildar Alyautdinov said on Friday. The Council of Ulema is the scholarly body of the Russian Muslim community, and debated the issues of banking, family law, and blockchain from the […]
Source link Russian supplier of Bitcoin mining solutions BitСluster is building a 120-megawatt (MW) data center in Ethiopia, the company has announced on its website. According to a press release issued on Thursday, the facility will be located in the capital city of Addis Ababa, on the territory of the Kilinto high-voltage substation, and will […]
Source link US regulators are expected to crack down despite the exchange’s exit from Russia, says Vladimir Smerkis Vladimir Smerkis, the former chief executive of Binance in the Commonwealth of Independent States (CIS), has cautioned that the United States will persist in applying sanctions pressure on Russian cryptocurrency users. In September, Binance, the world’s leading […]
Source link Digital assets facilitate illegal activities and should be banned, Jamie Dimon says Cryptocurrencies should be outlawed, JPMorgan CEO Jamie Dimon said at the US Senate Banking Committee’s annual Wall Street oversight hearing on Wednesday. According to Dimon, who has a long history of criticizing digital currencies, the “only true use case” for cryptocurrencies […]
Source link Christine Lagarde says her son has been investing in digital assets despite her openly expressed stance against cryptocurrencies European Central Bank (ECB) President Christine Lagarde on Friday revealed that her son lost nearly all of his investments in digital assets, despite her warnings not to trust cryptocurrencies. Lagarde, whose long-standing stance against the […]
Source link The outflow follows a huge fine on the exchange and criminal charges against its former CEO in the US The world’s largest crypto exchange Binance saw a sharp uptick in withdrawals after its founder and CEO Changpeng Zhao pleaded guilty to criminal and civil charges in the US, it was reported on Wednesday. […]