The first NFT Presidential Oath will be given to Israeli’s incoming President
Israel’s incoming President is set to receive an NFT version of the original Presidential oath. The Israeli Knesset has been gripped by NFT fever as Isaac Herzog, Israel’s 11th President prepares to take the digital blockchain-certified version of the first draft oath. After 87 Knesset members voted for him, Herzog is likely to take over […]
‘Regulations are positive signs that a business is growing’ – CZ Binance
Amidst regulatory compliance challenges here and there, the CEO of Binance has come out to say that “compliance is a journey” particularly in the growing cryptocurrency industry. Changpeng Zhao, Binance’s CEO and founder, has emphasized the exchange’s commitment to cooperating with regulators amid growing concerns about the exchange’s global regulatory challenges. Zhao wrote an open […]
Electricity exportation suspended due to crypto mining in Iran
Iran’s struggle with rising electricity demand reached unprecedented heights, prompting the country to suspend electricity exports. On state television, Abuzer Salihi, the general manager of Iran’s power distribution business Tevanir, claimed that the company had decreased electricity exports to zero “so that there is no problem in the country’s electricity supply.” He claimed that in […]
Russian Lawmakers says Legislations to confiscate crypto is in Progress
Igor Krasnov, Russia’s prosecutor general, says new legal steps are being made to put crypto under check, saying cryptocurrencies are being used for bribery and corruption. According to a senior official, Russian lawmakers are working on new legislation that would allow the government to seize cryptocurrency. According to local news agency TASS, Russian Prosecutor General […]
Manuel Alvarez becomes Binance.US chief administrator
Binance.US has hired a former Californian regulator as its chief administrator. Binance.US also stated that it is not in any way associated with Binance Holdings Ltd. Manuel Alvarez has been appointed as the new Chief Administrator of Binance’s US subsidiary. The bitcoin exchange is overseen by another ex-regulator, Brian Brooks, an ex-bank regulator who hired […]