Parliament of Ukraine passes law to legalize cryptocurrency in the country

    On Sept. 8, Ukrainian lawmakers voted for the bill legalizing and regulating cryptocurrency and other virtual assets in the country. Before, cryptocurrencies have been neither legal nor forbidden in Ukraine because there were no laws that defined their status. Ukrainians could buy and exchange virtual currencies, but local courts couldn’t protect them if something went…

    Cuba plans to recognize and regulate cryptocurrency

    Cuba is reportedly going to recognize and regulate cryptocurrencies for payments. Per Aljazeera, the central bank of the Caribbean country will establish rules for mainstreaming cryptocurrency transactions. Cuban authorities are also expected to distribute relevant licenses to businesses providing crypto-related services. The popularity of cryptocurrency trading has grown in recent months in Cuba, especially among…

    People Bank’s of China announces further crackdown on crypto

    The People’s Bank of China once again asserted its crypto crackdown stance at a recent media briefing. The Central Bank stated that virtual currencies like Bitcoin can’t compete with legal tender in the nation. The bank officials argued that cryptocurrencies are not backed by any real value. According to local media, Yin Yuping, deputy head…

    Cardano creator responds to criticism over new AML/CFT partnership

    Weiss Crypto Ratings recently bashed Cardano for the Cardano Foundation’s partnership with Coinfirm, saying that the move is disappointing and lead to Cardano’s death. Charles Hoskinson replied to the criticism by claiming that the move will bring clarity for the users. As reported, Cardano Foundation recently teamed up with a well-known provider of AML data,…

    TikTok bans crypto content, while influencers seek other platforms

    After TikTok changed its policies, many TikTok cryptocurrency content creators, who claim they are trying to educate consumers, say their posts are getting censored and taken down for violating community guidelines on TikTok. Some crypto influencers are considering moving to rival platforms. As CNBC reported, at least 11 creators, who have posted educational crypto videos,…

    Bitcoin can’t be viewed as an untraceable ‘crime coin’ anymore

    Yes, some criminals use Bitcoin, but the innovation behind this technology improves the financial system, writes Brad Yasar for Сointelegraph. Cryptocurrency is a new technology that has entered the common discourse, setting the stage for a complete upheaval of our long-established financial systems. Of course, some skepticism is unavoidable. Crypto’s association with criminality adds to…