Cryptocurrency news
El Salvador Acquires 500 Additional Bitcoin Amid Market Drop
The government of El Salvador, which was the first country to make bitcoin (BTC) legal tender last fall, has continued its bitcoin buying spree with the purchase of an additional 500 tokens for roughly $15.3 million, President Bukele tweeted on Monday. According to Bukele, the...
US Officials Add North Korea-Linked Bitcoin Mixer, More BTC and ETH Addresses to Sanctions List
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) sanctioned Blender.io, a North Korea-linked crypto mixing service that obfuscates the origin and destination of bitcoin transactions on Friday, and added bitcoin and ether addresses to its blacklist. In addin...
Kazakhstan Orders Crypto Miners to Register With Authorities
The government of Kazakhstan is requiring crypto miners to register their operations with authorities, according to a ministerial order published on Wednesday. All miners will have to submit business registration data, along with information about personnel, the power they consu...
Uzbekistan’s president issues decree to adopt special crypto framework
The Republic of Uzbekistan continues to progress with local cryptocurrency regulations, with Uzbek President Shavkat Mirziyoyev issuing a new decree regulating the industry. Released on Wednesday, the new decree instructs a reorganization of a major presidential agency k...
Argentina's largest two banks to allow crypto trading
Argentina’s largest and second-largest private banks, Banco Galicia and Brubank, have announced that they will allow customers to make crypto purchases. Bloomberg reported on May 2 that a resounding 60% of respondents to an Argentinian poll asked for more access to crypto,...
Panama Legislature Passes Bill Regulating Crypto
A plenary session of the Panamanian Legislative Assembly approved a bill on Thursday regulating the use of cryptocurrencies in the Central American country. “This will help Panama become a hub of innovation and technology in Latin America," Congressman Gabriel Silva, who...
Finland Plans to Donate Seized Bitcoins to Help Ukraine
Finland is planning to donate bitcoin (BTC) seized from various criminal investigations undertaken by its government to Ukraine, Finnish paper Helsingin Sanomat reported, citing government sources. The amount of bitcoin to be donated has not been determined yet, but the potent...
Panamanian Legislative Assembly’s Committee Approves Bill Regulating Crypto
The Panamanian Legislative Assembly’s economic affairs committee approved a bill on Thursday regulating the use of cryptocurrencies in the Central American country. The bill seeks to “give legal stability to crypto assets in Panama” and “develop the cry...
Floki Inu resumes controversial ad blitz in London
Dogecoin rival Floki Inu has begun what it calls an “aggressive” marketing campaign in London, plastering advertisements around the city’s train stations and on its famous red buses. Floki Inu announced the new campaign in an April 23 blog noting that &...
German banking giant Commerzbank applies for crypto license
One of the largest banking institutions in Germany has confirmed it applied for a local crypto license earlier this year, marking the first time a major bank has made a move toward cryptocurrencies in the country. A spokesperson from Commerzbank confirmed to local media...