Kuwait's Capital Markets Authority (CMA) has announced a drastic move by issuing a circular establishing an outright ban on almost all cryptocurrency-related operations, including the use of Bitcoin and other virtual currencies in payments, investments, and mining.
The circular issued by the CMA…
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Binance begins to lose ground against the competition
Binance, the leading platform for buying and selling digital currencies, is experiencing a steady loss of ground against its main competitors, according to data provided by analytics firm Kaiko. This decline coincides with the rise of other…
Latin America at the forefront of CBDC adoption
Latin American and Caribbean countries are directing their economies towards the adoption of cryptocurrencies and CBDC, as an escape route from international sanctions, inflation, the devaluation of their official currency, among other…
Binance cuts employee benefits amid reassessment
Cryptocurrency exchange Binance reportedly recently implemented reductions in certain benefits granted to its employees during the month of June, as part of the company's ongoing restructuring efforts.
According to a report published on…
Binance applies job cuts
Data provided by the CNBC portal and the Wall Street Journal confirm that the Binance exchange laid off 1,000 workers. The measure could continue up to 3,000 jobs.
In the midst of the crisis that the crypto market is experiencing and the…
UK will apply new crypto regulation in October
The new regulations that will govern the trading of digital assets in the United Kingdom will come into force on October 8. The Financial Conduct Authority (FCA) has stressed that companies that do not adhere to the rules will face…
Robert Kiyosaki: “BRICS currency will boost Bitcoin price”
Investor Robert Kiyosaki's latest prediction is stark: the dollar will be crushed by the Brics currency and bitcoin will hit $120,000 by 2024.
Taking into account the global crisis regarding the US dollar and the desire of the countries…
Increased interest of central banks around the world for digital currencies
Central bank digital currencies, or CBDCs, are attracting increasing interest from the world's central banks, according to a study by the Bank for International Settlements (BIS).
The study by the Swiss-based body was published on Monday.…
Accountants’ lack of interest in crypto raises concerns
Despite several new issues being examined in relation to cryptocurrency fraud, recent research reveals a general lack of interest on the part of accountants in honing their skills in this area.
The study, carried out by Recap, analyzed…
Crypto platform users in Colombia denounce scam
Users in Colombia of the Solain cryptocurrency buying and selling platform have reported blocks when trying to withdraw their assets. They suspect that they have been victims of a scam.
According to a report by the RedMas media, the Solain…
Binance.US market share falls due to regulatory lawsuits in the US
United States-based cryptocurrency exchange Binance.US has experienced a significant decline in its market share, exceeding 20 %, due to a lawsuit filed by federal financial regulators.
According to a Reuters report on July 5, which is…
Belarus seeks to ban cryptocurrency exchange
The Belarusian Ministry of Foreign Affairs is currently in the process of reviewing legislation to ban peer-to-peer (P2P) transactions of cryptocurrencies such as Bitcoin (BTC).
On July 2, the ministry issued an official statement on…