Crypto winter is behind us, and the bull market for bitcoin is returning, according to Standard Chartered. The bank believes bitcoin could reach $100,000 in 2024 as regulatory support grows…
China is enlarging the application of its digital yuan or e-CNY, to ease trade and cross-border transactions within its Belt and Road initiative, media reports said.
The Chinese government has been…
Russia has emerged as the second-largest Bitcoin miner in the world, after the United States. This is according to a report by Russian media Kommersant, which quoted BitRiver, a turnkey…
For the first time in Hong Kong's history, the High Court ruled that digital currency should be regarded as property that can be held in trust.
The decision effectively equates cryptocurrency with other…
The Bank of Korea (BOK), South Korea's central bank, has been authorized to inspect cryptocurrency exchanges in the nation. Media reports said that BOK can request transaction data from digital…
In light of ongoing discussions over virtual asset laws in the nation, the central bank of South Korea has been granted the go-ahead to step up the scrutiny of cryptocurrency…
France’s Financial Markets Authority (AMF) has announced that existing crypto companies in the country could benefit from a “fast-track regime” to comply with new European crypto rules. The move follows…
Recent reports have revealed that the official Twitter account of the KuCoin cryptocurrency exchange was breached, which resulted in significant losses for its customers on the platform.
KuCoin recently reported that…
The authorities in Venezuela have reportedly urged local bitcoin miners to temporarily halt operations while they investigate a major corruption scheme that could have drained up to $20 billion from…
Changshu, a city in China, has announced that all civil servants within its jurisdiction will be paid their full salaries in digital RMB or digital yuan starting from May 2023.…