Browsing: Policy

Cryptocurrency exchange OKX has made a significant move by extending its services to Argentina as part of its strategic focus on the Latin American market. This expansion comes on the heels of its successful launch in Brazil in late 2023.

China’s authorities are intensifying their crackdown on the use of cryptocurrencies like Tether (USDT) in foreign exchange transactions, marking a significant escalation in regulatory measures more than two years after the country imposed a sweeping ban on crypto activities. The

In a recent session at the U.K. Parliament Treasury Committee, digital currencies took center stage, albeit with a subdued reception from attendees. BOE Governor Andrew Bailey, alongside Deputy Governor Sarah Breeden, faced the committee to present the BOE’s latest Financial

In the burgeoning landscape of Web3 technologies across Africa, regulatory uncertainties loom large, hindering progress and adoption, according to Jathin Jagannath, a developer advocate for Cartesi, a prominent Web3 rollup protocol. “Africa presents immense opportunities for Web3 innovation and growth,”

Singapore’s financial landscape may undergo significant changes if a proposed bill, currently under review by the country’s parliament, passes into law. The Monetary Authority of Singapore (MAS) stands to gain expanded powers, particularly concerning the regulation of cryptocurrency firms. The

Turkey’s Finance Minister, Mehmet Şimşek, has disclosed pivotal insights into the imminent cryptocurrency regulations set to be implemented in the nation. These regulations, aimed at defining crucial crypto concepts, licensing trading platforms, and aligning with Financial Action Task Force (FATF)

David Pan, the purported founder of Ace Exchange, a cryptocurrency platform, has been taken into custody by Taiwanese authorities on charges of orchestrating fraudulent activities through digital currencies. Reported by Liberty Times on January 4, Taipei City police, in a

Indonesian authorities have taken decisive action against illegal Bitcoin mining operations, shuttering 10 facilities across the country amid accusations of electricity theft amounting to nearly $1 million. According to a recent report, the North Sumatra Police Force orchestrated the crackdown,

The Central Bank of Nigeria’s prohibition on regulated financial entities from engaging with crypto exchanges in 2021 has emerged as a significant stumbling block for the uptake of the eNaira, the country’s central bank digital currency (CBDC), asserts Chinedu Albert,

South Korean lawmakers, comprising the National Assembly, have been revealed to have engaged in cryptocurrency transactions amounting to nearly $100 million over a span of three years, as unveiled by a report released by the nation’s Anti-Corruption and Civil Rights