The Russian government imposed a six-year ban on crypto mining in 10 regions due to the industry’s high power consumption, Tass reported. The ban, which includes participation in a mining pool and temporary restrictions in other regions during periods of…
Japanese crypto finance firm SBI VC Trade has taken over the assets of the hacked cryptocurrency exchange DMM Bitcoin, with plans to open accounts for DMM customers by March 2025. According to a statement released by SBI on December 25,…
President-elect Donald Trump announced over the weekend that he is appointing Stephan Miran, a former Treasury official from the first Trump White House, and current economist with Hudson Bay Capital Management, to chair the Council of Economic Advisors (CEA). The…
The Solana (SOL) price is trying to continue its modest comeback on Christmas Day 2024, and was last probing for a pushback above the $200 level. It’s now up an impressive 13% from the multi-week lows it recently hit in…
El Salvador is in the process of securing a $3.5 billion deal with the International Monetary Fund, but is making some concessions around bitcoin (BTC) to get the funding. Stacey Herbert, director of the Bitcoin Office in El Salvador, posted…
Bitcoin could hit $500,000 if governments consider strategic reserves, with mounting demand from ETFs, corporations, and institutions outpacing limited supply, driving prices sharply higher. Matt Hougan, chief investment officer at Bitwise Asset Management, shared his bullish outlook for bitcoin during…
Russia is ramping up its use of digital financial assets (DFAs), including Bitcoin, in international trade. Finance Minister Anton Siluanov confirmed the development on Dec. 25 in an interview with Russia-24, a state-owned news channel. Businesses in Russia are increasingly…
Ilya Lichtenstein, who pled guilty last year to charges related to the 2016 theft of 120,000 bitcoin from Bitfinex, has made his first public statement since his 2022 arrest. In a five-minute video posted to X (formerly Twitter) on Thursday,…
Turkey is set to implement stringent crypto regulations by February 2025 as part of their effort to tighten anti-money laundering (AML) frameworks to align with global standards. This legislative move, announced in the final week of 2024, is inspired by…
Craig Wright, who falsely claimed to be Satoshi Nakamoto, the pseudonymous creator of bitcoin, was found to be in contempt of court and handed a 12-month jail sentence after starting a legal claim for 900 billion pounds ($1.1 trillion) over…