Key Takeaways As part of the new rule, WeChat public accounts involved in the issuance, trading and financing of crypto and NFTs will be banned The rule also applies to accounts that provide services or content related to the secondary…
Key Takeaways The Middle Eastern country has taken a stand against licenced crypto miners, announcing that all 118 legal ones will be shut down in the next two days. Authorities in the country have already taken similar measures in the…
Key Takeaways State Representative proposes a bill to deregulate Bitcoin mining in Louisana. The proposed law adheres to a few rules stated by the present law. The Bitcoin mining industry has enormous potential but is also a matter of concern…
Yesterday in a Parliament meeting Sushil Modi said that the government needs to raise the amount of tax on crypto. He said that government should think of taking more than 50% tax on crypto because the people who earn in…
In the latest series of updates, reportedly, the NY bill seeks to prohibit Proof-of-Work mining. POW is a fairness protocol that runs agnostic to any users’ identity, location, or beliefs. A system underserved communities can benefit most from. This bill…
Follow us on Google News Customs in Guangdong Province, China, has announced the seizure of 49 used bitcoin (BTC) miners from an anonymous entity seeking to smuggle the equipment into the nation. According to local media, the obsolete machines will…
Follow us on Google News Russia’s finance ministry Monday revealed that it would be taking in proposals revolving around digital currency from the Central. The Bank of Russia creates a legal sphere of cryptocurrency markets dictated by the state-enforced guidelines…
The Canadian government sent a Mareva Injunction to Nunchuk, a hardware wallet provider, ordering them to freeze Bitcoin wallets and disclose user information. Recently, a private class-action lawsuit was filed against participants in Canada’s “freedom convoy”. It has been successful…
Follow us on Google News In the keynote address at the Indian Banks Association 17th Annual Banking Technology Conference and Awards, RBI Deputy Governer today said that Crypto-technology is even more dangerous than Ponzi Schemes. They can threaten the financial…
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