Crypto mining demand surges in Vietnam as Bitcoin rises
The cryptocurrency mining sector in Vietnam is rebounding, according to reports, as a result of the revived crypto boom, which has seen Bitcoin (BTC) leap above $51,000 for the first time since May. A considerable increase in demand for crypto mining rigs in Vietnam has been noticed by entrepreneurs and enthusiasts involved in the cryptocurrency […]
Crypto exchange BTC Markets partners with neo-bank Volt
In a new Fintech and cryptocurrency partnership, BTC Markets have partnered with neo-bank Volt. The partnership seeks to allow BTC Markets users to open Volt bank accounts without leaving the exchange. Australian crypto exchange BTC Markets partners with local neo-bank Volt, fintech’s banking capabilities have met cryptocurrency through this partnership. Volt will provide corporate cash […]
Regulating crypto could backfire says UK FCA chairman
Excessive regulation of the crypto sector, according to the chairman of the Financial Conduct Authority (FCA) in the United Kingdom, could backfire, especially in the case of some cryptocurrency tokens. Regulators must strengthen consumer protections for crypto token investors while also keeping in mind that excess could backfire, according to the chair of the Financial […]
SEC releases new warning alert against crypto investment scams
The US Securities and Exchange Commission (SEC) has listed some factors such as the rising popularity of initial coin offerings, including cryptocurrencies, coins, and tokens, as one of the main reasons for investment scams. The Securities and Exchange Commission (SEC) of the United States has issued a fresh warning regarding investment schemes involving digital assets […]
Crypto is the new shadow bank – Sen. Elizabeth Warren
Bitcoin critic Senator Elizabeth Warren (D-MA), in an interview told the New York Times that cryptocurrency is the new shadow bank in her opinion. The New York Times piece centered on BlockFi, a venture-backed crypto lending business that has drew the attention of a slew of state regulators in the United States as part of […]