Crypto Updates – Page 43 – WORLD CRYPTO BUSINESS

Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX

[ad_1] Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses... Read more »

Bitcoin Miners Catch a Second Break With Another Downward Difficulty Adjustment

[ad_1] Five days ago, Bitcoin’s hashrate had shown improvement as it increased 15% over the course of ten days and today, the computational power remains above the 200 exahash per second (EH/s)... Read more »

EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers

[ad_1] Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,”... Read more »

ASIC Mining Rig Manufacturer Canaan Reveals $100 Million Stock Buyback Program

[ad_1] The application-specific integrated circuit (ASIC) manufacturer Canaan has revealed the firm is offering a stock buyback for up to $100 million. Canaan’s chairman and CEO Nangeng Zhang highlighted in a U.S.... Read more »

President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’

[ad_1] President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency donations... Read more »

Kazakhstan Shuts Down Over 100 Crypto Mining Farms

[ad_1] More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked to... Read more »

Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services

[ad_1] Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custodial services,... Read more »

Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest

[ad_1] The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary loss more... Read more »

Bitfarms Buys Land to Open New Mining Facility in Canada

[ad_1] Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada. The purchased land is located in Sherbrooke, Quebec, and according... Read more »

EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets

[ad_1] European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger... Read more »