Central Bank of Sudan Warns of Risks Associated With Cryptocurrency

The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of value. The warning comes as Sudan is grappling with an economic crisis... Read more »

Report: Morocco Central Bank Discusses Crypto Regulation Best Practices With IMF and World Bank

The Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adoption of Cryptocurrencies The Moroccan central bank governor,... Read more »

Vietnamese Government and Central Bank Developing Legal Framework for Crypto

Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State... Read more »

‘Bitcoin in Cowboy County’ — New Documentary to Feature Gas-to-Bitcoin Mining Solutions in Central Wyoming

According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in... Read more »

US Senators Working on Broad-Based Crypto Regulation

Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of... Read more »

Russian Prime Minister, Economy Ministry Support Legalization of Cryptocurrencies

Prime Minister Mikhail Mishustin and the Russian Ministry of Economic Development have backed efforts to regulate cryptocurrencies and integrate them into the country’s economy. The support comes amid mounting sanctions over the... Read more »

European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision

The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text prohibiting... Read more »

Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation

U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of... Read more »

Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says

Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are not suitable for use as a payment instrument due to various limitations,”... Read more »

NFT Rug Pull: DOJ Charges Two People in Million-Dollar Scheme to Defraud Investors

The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the... Read more »