National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme Arbistar

National Court of Spain Takes the Investigation of the Alleged Ponzi Crypto Scheme ArbistarThe investigation against an alleged major Spanish Ponzi crypto scheme will now be in charge of the National Court of Spain. A judge from the national legal instance is now taking the investigation of Arbistar after the inhibition of a judge in Tenerife. Economic Damages Could Reach Over $120 Million According to El País, judge […]

Anonymous Dogecoin Holder Donates Profits to a Dog Shelter in Florida

Anonymous Dogecoin Holder Donates Profits to a Dog Shelter in FloridaIn the last few days, the popular meme-based cryptocurrency has witnessed wild movements across the board, going up and down. An anonymous woman who holds dogecoin and profited from the latest all-time high ($0.44) made a philanthropic maneuver in favor of dogs. Woman Left A “Dogecoin” Message as the Reason for the Donation According to […]

Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFT

Online Music Store Beatport to Start Accepting Bitcoin Payments, Launches Curated NFTA major American DJ-related online music store has joined the crypto adoption frenzy by accepting bitcoin payments. Beatport is the latest firm that adopts a crypto payment gateway after signed a partnership with crypto exchange Crypto.com. Bitcoin Payment Gateway Will Be Launched in June Per Music Week, the digital music retailer will make the adoption […]

South Korean Government Seeks to Regulate International Remittances Related to Crypto ‘Kimchi Premium’

South Korean Government Seeks to Regulate International Remittances Related to Crypto 'Kimchi Premium'The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to kimchi premium-driven transactions. Remittances to Exploit Kimchi Premium Could Be Flagged as Money Laundering According […]

Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial Watchdog

Crypto Fraud Reports in South Korea Surged Over 41% in 2020, Says Financial WatchdogAlthough bitcoin prices plummeted over the weekend, the overall bull-run remains alive, as well as the crypto-related fraud cases in South Korea. The latest figures by the domestic financial watchdog show that such incidents are still on the rise. Police to Dedicate a Special Unit to Investigate Crypto Frauds According to Asia Kyungjae, the Financial […]

Communist Party of Cuba Suggests Including Cryptocurrencies as an Alternative to Deal With Economic Crisis

Communist Party of Cuba Suggests to Include Cryptocurrencies as an Alternative to Deal With Economic CrisisWhen a country faces a severe economic crisis or living in a long-lasting political turmoil, cryptocurrencies are often discussed as an alternative to deal with the tough times. Although cryptos are not an unfamiliar issue in Cuba, the Communist Party of Cuba (PCC) has been recently showing interest in digital assets to face the economic […]

Ukrainian Parliament Passes Bill That Criminalizes People Who Don’t Reveal Crypto Holdings

Ukrainian Parliament Passes Bill That Criminalizes People Who Don't Reveal Their Crypto HoldingsThe Ukrainian parliament is enforcing its tough stance against people who don’t disclose their cryptocurrency holdings on the tax fillings. The measure comes in the wake of a recent publication that showed alleged mistakes in declarations from public servants. Offenders Could Spend up to Two Years in Jail According to an official document released by […]

China Calls Bitcoin and Stablecoins ‘Investment Alternatives’ for the First Time Since Crypto Crackdown

China Calls Bitcoin and Stablecoins as 'Investment Alternatives' for the First Time Since Crypto CrackdownAfter the well-known crypto crackdown launched by the Chinese government four years ago, it seems there is now a change in the tone from the country’s central bank. At least that’s what has been suggested recently by the deputy governor of the People’s Bank of China (PBoC). Central Bank Clarifies Its Regulatory Framework on Cryptos […]

Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF

Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETFBrazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to a letter sent by Hashdex to […]

Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage

Wallstreetbets Moderators Reinstate Ban on Cryptocurrencies Discussions, Citing Bloomberg CoverageThe moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg article. Bitcoin, Ethereum, Dogecoin Were Allowed to Discuss for […]