UK Treasury Praises FCA, Even as it Hits Crypto Hub Ambitions

UK Treasury Praises FCA, Even as it Hits Crypto Hub Ambitions

Key Takeaways The UK Treasury’s annual anti-money laudering report highlights the FCA’s supervision of crypto firms. Since the FCA became the AML regulator for crypto in 2020, it has issued only alicenses... Read more »
Chinese investors with political ties allegedly behind mining hub in Texas

Chinese investors with political ties allegedly behind mining hub in Texas

A new report from The New York Times sheds light on how Chinese investors, aided by Binance, acquired a Texas mining facility. A 23-year-old Chinese national and NYU student, Jerry Yu, appears... Read more »
How Bhutan Became a Carbon-Neutral Hub For Crypto Mining

How Bhutan Became a Carbon-Neutral Hub For Crypto Mining

Bitdeer’s R&D philosophy doesn’t limit itself to any single part of its operations and the Gedu datacenter, in Bhutan, is proof. The new facility is already online with 30,000 miners, bringing Bitdeer’s... Read more »
China’s Suzhou city sets goal to become metaverse hub by 2025

China’s Suzhou city sets goal to become metaverse hub by 2025

China’s Suzhou city introduced a roadmap to become a metaverse hub by 2025, as reported by Forkast News. The city goals to become the primary attraction for metaverse improvement and innovation, in... Read more »
Hong Kong To Become Crypto Hub Despite Industry Meltdown

Hong Kong To Become Crypto Hub Despite Industry Meltdown

Hong Kong has expressed curiosity in changing into a worldwide crypto hub because it has determined to be extra welcoming to crypto firms. Opening as much as newer crypto firms or startups... Read more »
Hong Kong’s Financial Secretary Doubles Down on Crypto Hub Positioning Despite Crypto Winter

Hong Kong’s Financial Secretary Doubles Down on Crypto Hub Positioning Despite Crypto Winter

Source: AdobeStock / f11photo Paul Chan, Hong Kong‘s Financial Secretary, mentioned that, regardless of the continued market downturn, town would proceed to work towards turning into a significant crypto hub, attracting companies... Read more »
Is Africa the Next Bitcoin Mining Hub?

Is Africa the Next Bitcoin Mining Hub?

Existing solely on-line, Bitcoin is powered by a blockchain that runs on a distributed ledger – or decentralized laptop community – that tracks teams of transactions throughout a community, with Bitcoin miners... Read more »
Georgia Follows EU’s Crypto Regulation Lead, Hopes to Become a ‘Hub’ for the Sector

Georgia Follows EU’s Crypto Regulation Lead, Hopes to Become a ‘Hub’ for the Sector

Source: Adobe/Виталий Сова   Georgia’s authorities is taking steps to replace its crypto regulation in keeping with the European Union – and hopes that the transfer will assist this nation at the... Read more »
The Bahamas famous for beaches is now becoming a crypto hub

The Bahamas famous for beaches is now becoming a crypto hub

Cryptocurrency grew to become a sizzling and fascinating funding mannequin in 2009. Bitcoin and cryptocurrency are used interchangeably. The market worth of this funding mannequin has grown considerably. Other than Bitcoin, there... Read more »
The UAE is set to become the Fastest Growing Global Crypto Hub

The UAE is set to become the Fastest Growing Global Crypto Hub

DUBAI, UAE, July 08, 2022 /24-7PressLaunch/ — Dubai and Abu Dhabi are making a significant play for the cryptocurrency crown. Big crypto exchanges like FTX final valued two months in the past... Read more »