UK Electoral Commission rewrites cryptocurrency gift rules after Reform UK donation
The UK Electoral Commission is rewriting its rules on cryptocurrency gifts after Reform UK took one at the close of 2023. A new draft tells...
Bill Aims to Make Trump’s Order on Cryptocurrency in 401(k) a Federal Law
A group of Republican senators has introduced new legislation. The goal is to protect investments in Bitcoin and other cryptocurrencies within 401(k) retirement plans. This...
South Korean Investors Bet $1.24 Billion on South Korean investment in cryptocurrency
During the recent Chuseok holiday, equivalent to Thanksgiving, South Korean investors channeled an impressive $1.24 billion into the U.S. market. This capital was primarily directed...
Morgan Stanley to Allow All of Its Clients to Invest in Cryptocurrency Funds
Wealth management giant Morgan Stanley has announced that, starting October 15, all its clients will have the ability to invest in cryptocurrency funds. According to...
Cryptocurrency Miners in Russia Face $122 Million in Losses After Harsh State Crackdown
A wave of facility closures targeting illegal crypto mining in Russia has resulted in losses exceeding $122 million for operators. The actions were driven by...
Illicit Cryptocurrency Holdings Surpass $75 Billion with Bitcoin Leading the Way
A recent report from the analytics firm Chainalysis has revealed alarming figures about criminal activity in the digital asset ecosystem. According to the study, the...
Governments plan $75 billion in cryptocurrency reserves, reshaping treasuries and markets
Several governments plan to build cryptocurrency reserves totaling about $75 billion, a move that will alter how national treasuries are structured. The initiative is set...
Laos channels surplus hydropower into cryptocurrency mining to raise hard currency
Laos now channels its leftover hydroelectric power into cryptocurrency mining, selling electricity to server farms that mint digital coins. The farms pay taxes in hard...
Bitcoin Mining Stocks Skyrocket, Outperforming the Leading Cryptocurrency’s Performance
The market has witnessed a remarkable surge in Bitcoin mining stocks, which have posted a superior performance to the digital asset itself. This phenomenon occurs...
India Accelerates its Regulatory Stance and Sanctions 25 Cryptocurrency Exchanges
India’s Financial Intelligence Unit (FIU-IND) has intensified its oversight of the digital asset ecosystem. It announced the initiation of actions against 25 virtual asset service...