Paxos exits Canada amid increasing regulatory crackdown
Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new and tougher regulatory measures.
Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new and tougher regulatory measures.
Pheu Thai will give each citizen above 16 years old $300 in digital tokens to spend in their neighborhood to spark economic recovery amid soaring public debt.
Australia is considering a proposal to ban ransomware payments which some experts claim would disincentivize the hackers in the wake of the Latitude Financial hack.
Bitmain must pay $3.6 million for allegedly failing to pay personal income taxes worth $2.4 million despite notices from the State Taxation Administration in Beijing.
Hackers targeted GDAC’s hot wallet, stealing 60 BTC, 350 ETH, and 10 million WEMIX tokens, accounting for a quarter of the exchange’s total holdings.
Bank of England is ramping up its central bank digital currency efforts and hiring developers, security architects, and more despite not officially committing to its Britcoin efforts.
Blockchain use in logistics and supply chain was dealt a big blow when Maersk and IBM shut down TradeLens; the future of the industry now lies with Hong Kong.
Riot Blockchain-owned Whinstone US allegedly lied about holding building permits and power contracts in Texas, leading SBI Crypto to lose millions of dollars.
A bill passed by the Arkansas Senate grants miners the same rights as data centers, so long as they pay applicable taxes and don’t stress the grid.
The National Futures Association, with 100 members dealing in Bitcoin, says it can now punish members who commit misconduct related to digital assets.
Senate Bill 1751 will eliminate tax breaks and subsidies for miners and curtail their participation in the demand response program with state power firm ERCOT.
Virtual asset service providers (VASPs) in the United Kingdom are struggling to land banking partners and are having their accounts frozen and closed, according to a Bloomberg report.