Cryptocurrency news - Politics
Bitcoin plunges as Putin announces 'special military operation' in Ukraine
Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would conduct a “special military operation” in Ukraine. As the sun began to rise in Ukraine, the Russian army launched missiles aro...
UAE to Issue Crypto Licenses in Bid to Become Industry Hub
The United Arab Emirates is preparing to issue federal licenses for virtual assets service providers by the end of this quarter in a bid to attract crypto companies to the country, Bloomberg reported on Thursday, citing a government official. The Securities and Commodi...
Japan-based messaging app will offer trial run of native token starting in March
Users of Japanese messaging giant LINE will soon be able to use the app’s native token for payments at select online merchants in a limited trial. In a Tuesday announcement, the LINE Corporation said that starting on March 16, users would have the option of paying...
Kazakhstan proposes power price hikes and taxes targeting crypto miners
The Kazakh government is considering a three-pronged proposal designed to make crypto miners pay much more for operating in the country, which could make Kazakhstan less attractive to the industry. On Feb. 4, Kazakhstan’s First Vice Minister of Finance, Marat Sulta...
Japanese government considers relaxing strict coin listing rules
The Japanese government is considering a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market. Sources quoted in Bloomerg said that if the new rules are passed, exchanges that have registered with the Financ...
South African Regulator Issues Warning on FTX, Bybit
South Africa's financial watchdog issued a notice warning consumers to be "cautious and vigilant" when dealing with crypto exchanges FTX and Bybit. The Financial Sector Conduct Authority (FSCA) said Tuesday that FTX is not authorized to trade in contracts for differenc...
El Salvador relaunches Chivo wallet, plans to deploy 1,500 Bitcoin ATMs
El Salvador, the first country to adopt Bitcoin (BTC) as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, the updated Chivo wallet is expected to carry out instantaneous low-fee Bitc...
State Senator Introduces Bill to Make Bitcoin Legal Tender in Arizona
A bill introduced in Arizona would make bitcoin legal tender in the state in the unlikely event that the legislation passes and the law goes into effect. The bill, SB 1341, was introduced by state Sen. Wendy Rogers, a Republican. It seeks to amend the list of accepted...
Vladimir Putin Offers Hope for Crypto in Face of Central Bank Call for Ban
Russian President Vladimir Putin has called for consensus between his country's government and the central bank following the latter's recent call for an outright ban on crypto. Speaking in a video conference with government ministers on Wednesday, Putin asked for "som...
Florida’s Office of Financial Regulation Issues Warning About DeFi
Florida’s Office of Financial Regulation (OFR) has issued a warning about decentralized finance (DeFi) based companies that offer lending, banking and investment services. The OFR is cautioning the public that before using any DeFi-based service, it is important...