Cryptocurrency news
Filecoin service provider announces move to Singapore in light of tightening restrictions in China
RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore. The company said the decision to move countries a...
Argentina’s Tax Authority Conducts First-Ever Raids on Secret Crypto Miners
Argentina’s tax collection agency (AFIP) conducted raids for the first time in search of secret crypto miners, the agency announced Friday. Last Tuesday, AFIP carried out its first raid in the province of San Juan, where it found an agricultural producer housing crypto m...
Sony Music files trademark application for NFT-authenticated music
American music giant Sony Music Entertainment has signaled intentions to utilize non-fungible tokens (NFTs) after filing a trademark application covering music and artists under the Columbia Records logo. According to an Aug. 30 trademark application to the United States...
Russia Exploring Stablecoin Settlements With Friendly Nations
Russia is talking to several friendly countries about launching clearing platforms for cross-border settlements in stablecoins, according to a report from Russian news agency Tass. Tass quoted Russia’s Deputy Finance Minister Alexey Moiseyev as saying, “We are curren...
Thailand Toughens Crypto Ad Rules
Tougher rules governing crypto advertising in Thailand came into effect on Thursday, according to an official notice from the country's securities regulator. The new restrictions prohibit the inclusion of false or exaggerated information about crypto companies, such as inflate...
Indonesia plans to set up its crypto bourse by the end of 2022
The government of Indonesia returned to its plan to set up a digital assets exchange, publicly announced for the first time back in 2021. The so-called “crypto bourse” is planned to be established by the end of 2022. According to DealStreetAsia, Indonesian De...
Ripple's plan to tokenize Colombian land stalls amid new administration
A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being "deprioritized" by the new administration. The project was initially announced by the outgoing government’s Minis...
Indonesian e-commerce giant buys local crypto exchange for $8 million
Indonesian tech company PT GoTo Gojek Tokopedia Tbk (GoTo) bought PT Kripto Maksima Koin, a local crypto exchange, in a bid to diversify its assets. The deal makes a landmark in the merging of mainstream and crypto in the fourth most populated country in the world. As re...
Argentina's Mendoza Province Now Accepts Cryptocurrencies for Tax Payments
The Argentine province of Mendoza has enabled the payment of taxes with cryptocurrencies, its tax authority announced on Saturday. With a population of more than 2 million, Mendoza is the fifth-largest territory in the country. According to instructions published by Mendoza's go...
Singapore's Central Bank Asks Crypto Firms to Submit Business Data
The Monetary Authority of Singapore (MAS), the country's central bank, has asked some digital asset firm to submit data about their business activity, Bloomberg reported, citing people with knowledge of the matter. The central bank is set to make changes to its crypto re...