Binance Dominates Chinese Market Despite Ban
Despite China’s strict stance on cryptocurrency, Binance continues to dominate the Chinese market. In May, the exchange recorded an astonishing $90 billion worth of spot...
Kuwait Prohibits Virtual Assets As Payment Methods
In a bid to bolster its fight against money laundering and terrorist financing, the State of Kuwait has taken significant steps to regulate the use...
Pakistan Senate Moves To Ban Cryptocurrencies
The Senate Standing Committee on Finance has directed the formulation of legislation to ban the use of cryptocurrencies in Pakistan. Minister of State for Finance,...
Texas Legislature Introduces Bill To Ban Central Bank Digital Currency
The 88th Legislature of Texas has put forward a bill aimed at prohibiting the use of a central bank digital currency (CBDC) within the state....
UK Banks Limits Customers’ Access to Cryptoassets
Nationwide Building Society and HSBC Holdings Plc have tightened their limits on retail customers’ access to cryptoassets, following a series of industry scandals and regulatory...
Coinbase CEO Raises Concerns Over Potential Ban on Crypto Staking
The crypto world is buzzing with the recent comments made by Coinbase CEO, Brian Armstrong, on the possibility of banning crypto staking. This statement has...