News
Silk Road-linked wallets still hold about $38.4 million worth of BTC, with millions potentially sitting in other unseized wallets.
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Banned Bitcoin News
Bitcoin’s legal status varies from country to country and causes a lot of complications in financial and taxation systems. Bitcoin itself is not banned in most countries, but its status differs and is under different types of regulations. There are still some governments that have yet to establish any regulations and policies toward Bitcoin, but most governments have already came up with various types of policies. Bitcoin is rarely banned as means of payment between private parties, but it is common for the usage of Bitcoin to be banned for financial institutions and businesses. For example, Bitcoin is banned for Chinese financial firms and both Canadian and Indian banks. The main causes of Bitcoin being banned are governmental concerns about money laundering, terrorism funding and tax evasion performed with various cryptocurrencies, including Bitcoin.
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What if Bitcoin crashes? Will Ether and XRP fall with it or hold their ground? Discover how a BTC slump could rattle the entire crypto market.
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Metaplanet plans to raise $1.44 billion through a discounted 385 million share sale to boost Bitcoin holdings, but dilution risk weighs on investors as stock slides.
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Crypto markets are seeing a “natural rotation” into Ether and altcoins with more potential upside, Nansen’s research analyst told Cointelegraph.
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Many provisions of the legislation, which received overwhelming support in the state House and Senate, take effect on Oct. 1.
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Kenya is preparing legislation to regulate cryptocurrencies with a draft proposal open for public feedback until Jan. 24.
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After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean.
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