Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

Pakistan's government has hardened its stance against cryptocurrencies, even as retailers continue to hedge their financial bets against a devaluing Pakistani rupee partly due to a volatile ...

11 months ago

Some of Japan’s biggest businesses have asked the nation’s government to make crypto tax reforms, as the country continues to pivot to Web3 and crypto.

Major Japanese Businesses Ask Gov’t to Reform Crypto Tax System

Per an official Japan Association of New Economy (JANE) announcement, the group has submitted a tax reform proposal to Tokyo. JANE has asked the government to “reduce tax ra...

11 months ago

Bitcoin's market share of all cryptocurrencies rises to highest since April 2021.

Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle

Bitcoin (BTC) continued to outperform the cryptocurrency market as Ethereum's ether (ETH) and decentralized finance, or DeFi, tokens slid Tuesday. BTC, the larg...

11 months ago

Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes.

Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes

Deputy Chief Prosecutor of the Attorney-General's Chambers, Ong Shouren, told a local news outlet that law enforcement agencies are under increasing pressure to adapt and comprehen...

11 months ago

An email mentioning NFTs from Philip Davis was presented in court on Tuesday as part of prosecutors’ fraud case against the FTX founder.

Bahamian Prime Minister Asked Sam Bankman-Fried to Give His Son Advice on NFT Project

NEW YORK – Two months before Sam Bankman-Fried’s empire collapsed, Bahamian Prime Minister Philip Davis asked the crypto mogul to speak with the politician’s son about an NFT p...

11 months ago

Fake news on Bitcoin ETF, initially posted by Cointelegraph, forced a whale to buy an astounding amount of Bitcoin Futures.

Whale bought $5.7b in BTC futures amid Bitcoin ETF fake news

A whale made a Bitcoin (BTC) futures purchase of $5.7 billion following the false report suggesting that BlackRock, the world’s largest asset manager, had obtained approval for a BTC spot ...

11 months ago

Ark Invest Points Fingers at Gary Gensler

Ark Invest’s Cathie Wood Blames Gary Gensler for Obstructing Proposed Spot Bitcoin ETFs and Not SEC

Influential investor Cathie Wood, CEO of Ark Invest, said that the researchers at the US Securities and Exchange Commission (SEC) are “really good”, and it’s the agency’s...

11 months ago

FTX customers could get $9B shortfall claim payout by mid-2024

Customers of bankrupt crypto exchange FTX and FTX US could see over 90% of assets returned to them by the end of the second quarter of 2024 after a proposed settlement was reached between FTX cr...

11 months ago

Cointelegraph's misstep in reporting

SEC Issues Major Warning After Fake Bitcoin ETF Rumours

Following a tumultuous day marked by crypto-related misinformation, the U.S. Securities and Exchange Commission (SEC) took to social media to issue a stark warning. The agency's me...

11 months ago

The transaction was independently verified by Cointelegraph on Etherscan.

Ethereum co-founder Vitalik Buterin sends $15M of USDC to Gemini

Blockchain sleuths have zeroed in on a recent transaction from a wallet associated with Ethereum co-founder Vitalik Buterin, where he transferred $14.9 million worth of USD Coin (USDC) to the cr...

11 months ago