Amid the current situation regarding Nigeria struggling with inflation rates which now approaches 30 percent and a rapidly depreciating naira, Nigeria officials have turned their attention to crypto exchanges, accusing them of... Read more »
Property containing 2,738 crypto mining units was seized in Salto del Guairá, Paraguay, after the National Electricity Administration (ANDE) detected an unmetered power connection in the area. There is a bill before... Read more »
The Nigerian government is relentlessly targeting the entire crypto industry in a desperate effort to stabilize its fiat currency, the debasement of which they attribute to alternative financial instruments. Nigeria’s Economic and... Read more »
The Thai SEC said the rules were designed to protect consumers and mitigate the risks of scams in the industry. Financial regulators in Thailand have intensified their crackdown against crypto asset service... Read more »
Russian authorities have conducted raids on four major “illegal” data centers in Siberia, resulting in the seizure of over 3,200 cryptocurrency mining rigs. The Novosibirsk branch of the Russian power provider Rosseti,... Read more »
On March 15, Hong Kong’s Securities and Futures Commission (SFC) escalated its regulatory oversight of the cryptocurrency industry by adding MEXC, a global cryptocurrency exchange, to its warning list. The SFC’s announcement... Read more »
abuja, nigeria — Economic analysts and crypto enthusiasts are raising concerns following Nigeria’s ban on end-to-end transactions — a type of payment processing — involving its currency, the naira, on the world’s... Read more »
Table of Contents The crackdown on cryptocurrency exchanges in Nigeria intensifies as the government detains two Binance executives amidst allegations of currency manipulation and illicit fund movements. Meanwhile, this move comes as... Read more »
Hong Kong’s financial regulators plan to crack down on over-the-counter (OTC) crypto trading activity in the city-state, according to a Bloomberg report. The report says that Hong Kong’s Financial Services and the... Read more »
India Cracks Down on Major Crypto Exchanges for AML Violations India, a country known for its bustling tech scene and burgeoning digital economy, has taken concrete steps to regulate the cryptocurrency market... Read more »