An Australian Senator Talks about Potential Drawback of Cryptocurrencies

According to the latest reports, the Australian senate has started taking cryptocurrency adoption very seriously. The senators are concerned about the impact of the cryptocurrency industry on the country’s economy if it is not regulated enough. Just recently, Andrew Bragg, an Australian senator considered conservative has talked about cryptocurrencies. He talked about what the country…

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Digital Assets Named as “Emerging Vulnerability” By Canadian Central Bank

Canadian central bank i.e. The Bank of Canada (BOC), after the crypto market crash, named the digital asset industry as an “emerging vulnerability”. The Bank said further that crypto’s flagrantly evident “volatility” will serious affect the national economy and domestic financial system. Under the auspices of Tiff Maclem, BOC’s Governor, the analysts of the bank…

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Local Crypto Startups Raise Voice against Iranian Government’s Crypto Trade Restriction

The Iranian Government is planning to restrict the limit of operations carried out by local crypto trade exchange platforms. Against Government’s action, crypto startups have been raising voices publicly and are suggesting to people that neither crypto trade is illegal nor the crypto industry in Iran is involved in any illegal activity. Government spokespersons and…

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Technoking’s Popularity Became His Curse When Elon Musk Announced Tesla’s Disengagement from Bitcoin

A heated argument took place this Sunday between Tesla’s Technoking and the crypto community, particularly of Bitcoin, on social media platforms. Bitcoin community thought that Tesla Inc. has disposed of its entire Bitcoin holding for two possible reasons. Popularity and fame can be blessings or curses as well. It is usually said that popularity and/or…

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Amid Tesla’s Removal of Bitcoin, Now Square Too Is Not Willing To Invest Further Into Bitcoin

Square, which is a company involved in the business of digital assets, has said that it will not be investing any further into Bitcoin for the time being. Square has impliedly explained that because of carbon pollution generated from Bitcoin mining, therefore, it is of the view that the issue of pollution should be taken…

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South African FSCA Regrets Raising Allegations against Lawful Crypto Startup, Ovex, Also Renders Apology

A new crypto startup in South Africa was accused of rendering crypto services outside the ambit of the law. The accusations were leveled against the startup by the country’s watchdog, which is authorized to deal with crypto exchanges. However, after raising objections against the crypto trading platform, the same day the watchdog rendered an apology….

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