26 October 2020

The CFTC Files Complaint Against Crypto Trading Company

The United States Commodity Futures Trading Commission (CFTC) on Thursday, September 24, filed a complaint against crypto dealing Paxforex for allegedly soliciting or accepting...

European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law

The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like...

‘Bitcoin Should Be Traded Like Stock,’ Says Begin India Think Tank Founder

The founder of Begin India Think Tank says that bitcoin should be regulated as stock, which he believes is the legal status the cryptocurrency...

US Court Dismisses Claims Against XRP: Report Shows Ripple Paid Moneygram $15.1M in Q2

The Northern California District Court finds that claims against Ripple Labs and its token made by two investors cannot be proven. The legal dispute, which...

Power Plants in Iran Now Authorized to Mine Bitcoin

Power plants in Iran are allowed to mine cryptocurrencies, the deputy head of the country’s Power Generation, Distribution, and Transmission Company (Tavanir) has reportedly...

Ignorance and Greed Sustain Cryptocurrency Scams in Nigeria

Nigeria is not only Africa’s biggest cryptocurrency market but is also a leading adopter of digital currencies globally. Official figures show the country is...

Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India

Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as...

South African Bitcoin Investment Company Pushes Back Against Texas Scam Allegations

Mirror Trading International (MTI), a South African bitcoin investment company at the center of a cease and desist order issued by the Texas State...

Shariah Council Permits Cryptocurrency Investing and Trading

The Shariah Advisory Council of Malaysia’s securities commission has advised that it is permissible to invest and trade cryptocurrencies on registered crypto exchanges. About...

Kazakhstan Seeks to Attract $740 Million Crypto Investment in Three Years

Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. The government of Kazakhstan...
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