The country of El Salvador planned to launch Bitcoin backed bonds in just six months after making Bitcoin legal tender. The tentative timing for the launch of the bond was between March 15th and 20th, but according to the financial minister Alejandro Zelaya the launch may be delayed due to

The Markets in Crypto-Assets (MiCA) proposal was first introduced in 2020 to set clear regulations for Bitcoin and cryptocurrencies within the EU. On March 14th, 2022 the ECON committee voted 32 against and 24 in favor for a proof-of-work (PoW) mining ban. This latest development for the proposal has brought

Paris Member of Parliament Pierre Person announced on March 11th, 2022 that the updated MiCa proposal prohibiting the exchange of crypto-assets that require Proof-of-Work to execute transactions would be signed. The proposal would include banning networks like Bitcoin, Ethereum, and any other crypto-asset the parliament deems too “energy intensive”. The

The Financial Conduct Authority (FCA) in the United Kingdom issued a warning on March 11th, 2022 to Bitcoin and cryptocurrency ATM (CATM) owners that all of their kiosks must be registered with FCA and comply with UK Money Laundering Regulations (MLR).  In a statement, the FCA claims that none of

Yoon Suk-yeol, the conservative, crypto-positive candidate, has won the South Korean presidential election. During the campaign, he pledged to deregulate the crypto sector in South Korea, and even included the use of non-fungible tokens (NFTs) as a part of the campaign strategies from both parties.  In January, Suk-yeol declared that

On March 9th, 2022, U.S. Senators Bill Cassidy, M.D. (R-LA) and Marsha Blackburn (R-TN) introduced regulations for the Say No To Silk Road Act.  The Senators are anticipating the possibility that Russia will use the Chinese Communist Party’s (CCP) Digital Yuan in order to bypass payment systems

In January of 2022, Dubai’s Chamber of Digital Economy organized the city’s first one of a kind summit to attract venture capitalists for financing start-ups. This summit was created to expand and double the amount of digital companies run out of Dubai. Soon after, Dubai is now adopting

After a four-month mining ban, crypto miners will now be able to resume operations in Iran. The ban was due to blackouts that began back in December after more than 600 megawatts of energy was being used by illegal mining operations.  However, new mining licenses will be difficult to obtain