As the West has unleashed severe financial sanctions and companies have abandoned operations in Russia, attention is now turning to companies that have yet to take a stand. While many corporate American strongholds, including Nike, Apple, ExxonMobil and Harley-Davidson, have withdrawn from Russia, some of the most famous companies areRead More →

Domain registrar Namecheap has informed its Russian-based customers that it will no longer be able to provide services to them and must immediately find other domain registrars. “Unfortunately, due to the Russian regime’s war crimes and human rights abuses in Ukraine, we will no longer provide services to registered usersRead More →

Bitcoin hit an all-time high last year, trading at $65,000. This new value meant that the cryptocurrency had reached mainstream status for some people. More and more countries, institutions and individuals are now participating in Bitcoin trading. Therefore, the demand for bitcoin is now higher than ever. More and moreRead More →

Major exchanges, interviewed by the Russian press, indicated that they are not afraid of the upcoming tough crypto regulations. The requirement for coin exchanges to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency exchanges to open a shopRead More →

Cryptocurrency companies have put forward several proposals to regulate cryptocurrency, ranging from making exchanges liable for any money laundering or other regulatory concerns to differentiating between different exchanges based on their net worth and their technology. In a series of recent meetings between some crypto exchanges, their advisors, and governmentRead More →

New problems could be brewing for cryptocurrency exchanges, as the income tax department is now planning to investigate them on the tax applicable to their total income. This comes after the Goods and Services Tax (GST) department conducted research last week on crypto exchanges. The direct tax department may lookRead More →

Source: 2021 has been a year of significant growth for the cryptocurrency markets in India. However, fear of future regulatory changes is now causing several exchanges to lock accounts for suspicious transactions. Users on Multiple Exchanges Locked Out for Suspicious Account Activity Source: Popular crypto exchanges in IndiaRead More →

RRetail investors continue to embrace crypto in the second half of this year, and institutional investors are noticing the rapid rise of many cryptocurrencies, from Bitcoin and Ethereum to Litecoin and Chainlink, among thousands of others. Already, cryptocurrencies are gaining more recognition as a method of payment, with companies suchRead More →

Binance decreased bitcoin withdrawals for unverified user accounts by 97%. This is normal for large crypto exchanges, fighting against money laundering. A basic user account verification is instant, but a full KYC verification by an exchange can take a few days. The world’s largest cryptocurrency exchange, Binance, has drastically reducedRead More →

Representations of the cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, and Litecoin are seen in front of a displayed Binance logo. Photo: REUTERS/Dado Ruvic/Illustration Cryptocurrency exchanges grabbed headlines in 2021 thanks to the Coinbase (COIN) IPO in New York and, more recently, the regulatory review of Binance, one of the most privateRead More →