Shift to new server provider restores X in Brazil for some users
Brazil recently lifted the freeze on bank accounts for Elon Musk’s Starlink and the X platform after the companies paid a $3 million fine.
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Crypto tax deters 83% Indian investors from crypto trading: WaxirX report
With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market. 94 Total views 3 Total shares The implications of what anti-crypto regulations can do to a thriving economy can be seen first-hand unfolding in India. Supporting the massive decline…

Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee
International banking authority the Basel Committee on Banking Supervision (BCBS) has issued a warning statement on crypto assets on March 13.The BCBS is a committee of banking supervisory authorities hosted and supported by the Switzerland-based Bank for International Settlements (BIS) — an organization made up of 60 of the world’s central banksIn today’s statement, the…
White House questions impact of AI surveillance on workers
Officials in Washington D.C. said they will hold a listening session to understand the experiences of workers and the usage of AI surveillance in the workplace. 38 Total views 1 Total shares Officials in the United States are making efforts to keep tabs on the development of artificial intelligence (AI), as new plans surface to…

Bitcoin holders who bought at $20K refuse to sell BTC at all-time highs — latest data
It may be a tempting sell at 3x gains but last November's buyers remain determined to "hodl." 160 Total views 23 Total shares Bitcoin (BTC) investors who bought at 2017 all-time highs and above have still not sold, data suggests.According to the HODL Waves metric, coins which last moved in the past six to twelve…

Crypto mining won’t survive another round of environmental legislation
It was only a matter of time before China slapped a ban on Bitcoin (BTC) mining, trading and crypto services. To do anything with Bitcoin anywhere in the People’s Republic, one needs a special exemption. The Chinese government’s given reason for the Bitcoin crackdown is to reduce its well-documented climate impact. Regardless of the amount…

NYSE Arca withdraws request to list options on commodity trusts, crypto ETFs
It's the latest in a flurry of regulatory activity around options on crypto funds.

Crypto News From the German-Speaking World: Nov. 17-23
The past week has seen a range of crypto- and blockchain-related developments in the German-speaking world. The German Federal Ministry of Justice and Consumer Protection is planning to sponsor a research project of the University of Marburg on legal issues surrounding blockchain technology, the Swiss online bank Swissquote began offering its customers the trading of…

Microsoft employee sentenced to 9 years in first U.S. Bitcoin case involving tax fraud
A Ukrainian national has been sentenced to nine years in prison in what the IRS is describing as the United States’ “first Bitcoin case [with] a tax component.” 1951 Total views 18 Total shares A former Microsoft engineer has been sentenced to nine years for stealing more than $10 million in digital value from his…