The executive order spares all the mined assets from taxation and bans mining anonymous currencies.
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The cryptocurrency exchange will get a Major Payment Institution License from the country’s top financial regulator.
3965 - Market Analysis
BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
7153 - News
Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market.
7044 - News
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.
1779 - News
The exchange platform is looking to get virtual assets service provider and e-money issuer licenses from the Banko Sentral ng Pilipinas.
4080 - News
Over 9,500 people around the world were surveyed for Block’s 2022 Bitcoin report, which showed that more optimistic individuals possessed a greater self-reported knowledge level of the crypto.
5272 - News
Enrico Paringit, an official at the Department of Science and Technology, said that the goal of the training is to build non-crypto apps.
2731 - News
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin.
2127 - News
Crypto exchange Bitbank revealed plans to establish JADAT, a crypto-specialized custodian, in partnership with Sumitomo Mitsui Trust Holdings.
1266 - Market Analysis
Declining demand for Tether and negative futures premiums for altcoins reflect a growing disinterest from crypto investors.
3314 - Analysis
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate.
2632 - Market Analysis
BTC, ETH and altcoin prices were crushed this week, but the futures funding rate shows retail traders are not ready to become permabears.
13201 - Market Analysis
Weak retail demand and bearish derivatives data reflect a dismal short-term outlook for the crypto market.
14400 - Analysis
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions.
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