Business

El Salvador minister says it’s too early to use Bitcoin for wages

El Salvador’s Minister of Labor and Social Welfare has said that the country is not yet ready to adopt Bitcoin (BTC) for salary payments. In

Business

Democratic lawmakers have formed group to address regulatory concerns around crypto

Maxine Waters, who represents California’s 43rd congressional district in the U.S. Congress, said she had organized a group of Democratic lawmakers for a deep dive

Business

El Salvador reportedly weighing paying employees in Bitcoin

Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should

Business

Russian central bank ‘short-sighted’ regarding crypto, lawmaker says

A Russian State Duma member has blasted the central bank’s tough stance on the cryptocurrency industry for ignoring the growing demand for crypto in the

Business

‘Bitcoin is not an asset that is designed to be leveraged,’ says Caitlin Long

All eyes are on Bitcoin (BTC), as the largest cryptocurrency shot up past $40,000 on June 14. Unsurprisingly, the price increase happened shortly after Tesla

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South Korea’s small crypto exchanges face increasing regulatory heat

Authorities in South Korea are continuing to propose and enact measures aimed at maintaining strict oversight over the nation’s crypto exchange market. These come amid

Business

Lack of crypto regulations alarming, says Italy’s stock market regulator

Paolo Savona, the chairman of the Commissione Nazionale per le Società e la Borsa (Consob) — Italy’s securities regulator — has raised alarms over crypto’s

Business

Korean banks will need to classify crypto exchange clients as ‘high risk’

New rules announced by South Korea’s Financial Services Commission, or FSC, are expected to affect around 60 unauthorized cryptocurrency exchanges in the country, and a

Business

The Netherlands should regulate crypto instead of banning it, says finance minister

A cryptocurrency ban is not the right solution for the Netherlands, the country’s finance minister reportedly said after a local official called for a total

Business

Remittance firms hesitant to support BTC despite legal tender law in El Salvador

Despite El Salvador’s recently passed law mandating Bitcoin as legal tender, local remittance firms are reportedly hesitant to adopt BTC. Speaking to Reuters, Autonomous Research