Bitcoin Rising: Argentinians Shift Wealth Preservation Strategies

by Александр Пирогов | Mar 20, 2024 | Blog News

Amidst Argentina’s ongoing economic challenges, a notable transformation is underway as citizens seek to safeguard their wealth against the persistent devaluation of the peso. Increasingly, Argentinians are turning to Bitcoin as a hedge against inflation,...

Crypto Advocacy Groups Rally Behind Coinbase in SEC Case

by Александр Пирогов | Mar 20, 2024 | Blog News

In a significant development, several prominent advocacy groups, including the Crypto Council for Innovation (CCI), Satoshi Action Fund, Texas Blockchain Council, Paradigm, Lejilex, and the U.S. Chamber of Commerce, have filed amicus briefs in support of...

UK FCA to Introduce Market Abuse Regime for Cryptocurrencies

by Александр Пирогов | Mar 20, 2024 | Blog News

In a bid to strengthen investor protection and ensure market integrity, the Financial Conduct Authority (FCA) of the United Kingdom has unveiled plans to implement a market abuse regime for cryptocurrencies within the current year. The move, outlined in the...

Bitcoin Faces Quantum Computing Threat: A Crossroads for the Crypto Giant

by Александр Пирогов | Mar 20, 2024 | Blog News

Quantum computing, hailed as a transformative force with the potential to reshape various industries, poses a significant threat to Bitcoin, the leading cryptocurrency valued at $1.27 trillion. Bitcoin’s reliance on the Proof-of-Work (POW) consensus protocol and...

Argentinian Financial Regulator to Oversee Crypto Platforms Amid FATF Pressure

by Александр Пирогов | Mar 20, 2024 | Blog News

The National Securities Commission (CNV) of Argentina has announced its intent to regulate the nation’s cryptocurrency service providers, marking a significant shift in oversight within the Latin American country’s crypto sector. On March 18, the CNV...

Nigerian Court Orders Binance to Provide Comprehensive Data Amidst Executives’ Detention

by Александр Пирогов | Mar 19, 2024 | Blog News

In a significant development, a Federal court in Nigeria has issued an interim order mandating Binance, one of the largest cryptocurrency exchanges globally, to provide detailed information about all Nigerian users trading on its platform to the country’s...