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Iran Seizes 7,000 Bitcoin Mining Machines

Iranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines have been seized by Iranian authorities, state news agency IRNA reported Tuesday, noting that this is Iran’s largest seizure of cryptocurrency mining machines to date. […] дальше »

2021-6-22 19:00


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Iran: Authorities Suspend Activities of Iran Blockchain Association

The Iranian government has suspended the Iran Blockchain Association (IBA) for reportedly violating laid down rules and operating contrary to its own articles of association. Iran Bans Blockchain Association  According to the Financial Tribune on Sunday (June 20, 2021), the suspension of IBA’s activities was carried out by Iran’s Ministry of Interior. The IBA whichRead More дальше »

2021-6-22 23:00


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Co-Owner of Mirror Trading International Opposes Plans to Liquidate the Bitcoin Scam Outfit

In the latest twist to the Mirror Trading International liquidation saga, Clynton Marks, a co-owner of the bitcoin Ponzi outfit, has opposed attempts to have a court grant a final liquidation order. Marks, who reportedly owned 50% of MTI, argues that the liquidation application was “premature” and that liquidators may “not have the members’ best […] дальше »

2021-6-18 07:30


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India Probes Cryptocurrency Exchange Wazirx in Chinese Money Laundering Case

India’s Directorate of Enforcement (ED) has reportedly sent a notice to Wazirx, one of the largest cryptocurrency exchanges in India, under the Foreign Exchange Management Act, 1999, (FEMA). The investigation was initiated “on the basis of the ongoing money-laundering investigation into Chinese owned illegal online betting applications,” the ED detailed. дальше »

2021-6-12 12:30


India Reverses Crypto Stance, Considers Classifying Bitcoin As An Asset Class: Report

After years of India's hostile stance towards cryptocurrencies, the country is reportedly looking to classify Bitcoin as an asset class. India's Financial Regulator SEBI To Oversee Crypto Sector According to reports by The New Indian Press, the government has decided to skip its plans to ban cryptocurrencies and consider Bitcoin's classification as an asset class. дальше »

2021-6-11 20:30


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Major Cryptocurrency Exchanges Explore Entering Indian Crypto Market

Several major global cryptocurrency exchanges are reportedly exploring ways to enter the Indian crypto market. “The Indian market is huge and it is only starting to grow, if there was more policy certainty by now Indian consumers would have been spoilt for choice in terms of exchanges because everyone wants to be here,” said an […] дальше »

2021-6-10 16:00


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Members of East Africa Community Explore Potential Use of CBDC for Alternative Regional Payment System

Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) trading bloc, are hoping this alternative will create a pathway that leads to the attainment of […] дальше »

2021-6-9 06:30


Trump Says Bitcoin Is A “Scam” Because “It’s Another Currency Competing Against The Dollar”

Former President Donald Trump called Bitcoin a “scam against the dollar” in an interview on Fox Business Network on Monday. He also urged regulators to take action against it. “Bitcoin, it just seems like a scam,” said Trump when asked about his thoughts on cryptocurrency and the US stock market, which he is reportedly avoiding. дальше »

2021-6-7 20:13


How Nigeria’s Twitter Ban Could Hinder Bitcoin’s Adoption Rate In Africa

The Government of Nigeria on June 5th announced a ban on the social media platform, Twitter, restricting it from operating in Nigeria through the office of the Minister for Information and Culture. This action reportedly comes after Twitter deleted tweets by the President threatening a repeat of the Nigeria-Biafra 1967 Civil War. The ban has […] дальше »

2021-6-7 18:07


Prasaga And Quantum Generation Partner Up To Change Space-Based Communications

Prasaga has announced its partnership with Quantum Generation to bring sharding to space-based communications. The partnership will reportedly leverage the fully scaling Prasaga DataGrid Blockchain (DGB) and QUBIT Blockchain (QB) quantum technology to revolutionize Fintech, iD, communications, and voting applications. дальше »

2021-6-7 17:43