Tag: Cryptocurrency

Iranian President has urged for a new standard in digital currency regulation following recent steps of the government in pursue to control the crypto sector. President Hassan Rouhani said that Iran required a legal framework for digital currency and related activities, which would protect the national interest while crypto mining remains illegal in the country….

As the China Ministry of Public Security said, the police have arrested more than 1,100 suspects of using cryptocurrencies for illegal activities, like laundering money and telecom frauds. The Chinese authorities stated they have crackdown more than 170 gangs responsible for using crypto for criminal purposes. The arrests follow China has stepped up efforts to…

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…

Bitcoin falls again on Tuesday. The largest cryptocurrency continued to slip down all day among a massive selling out of digital currencies as investors were concerned about shifting U.S. monetary policy, continued tightening of crypto regulation in China, and doubts of the security of the cryptocurrency after the FBI had recovered most of the ransom…

Is the world’s second-biggest cryptocurrency could be the one with the most potential, asks Lyle Daly on A Motley Fool. If you’ve been looking for cryptocurrencies besides Bitcoin to invest in, then Ethereum has probably been on your radar. Technically, Ethereum is a programmable blockchain, and its cryptocurrency is called Ether. People often refer to…