El Salvador has become the first country to officially recognizes Bitcoin as legal tender. A supermajority of lawmakers in the Latin American country’s Legislature voted by the Bitcoin Law. In a Wednesday vote, El Salvador’s Congress voted by a supermajority in favor of the president’s proposal for the Central American nation to adopt Bitcoin as…

Residents of Dubai lost above AED80 million in crypto scams since the beginning of 2021, the Dubai Police official said. There have been over 200 cases of crypto scams in the UAE this year, revealed Tarek Mohammed, Head of the Digital Assets Crime Section at the Dubai Police GHQ. He has provided online a virtual…