Kuwait Bans All Transactions Involving Crypto, Virtual Assets
Kuwait is the most recent nation to prohibit virtually all transactions involving cryptocurrencies such as Bitcoin. However, securities and other financial instruments regulated by the Central Bank of Kuwait and the CMA are exempt from the ban. The Capital Markets Authority (CMA), Kuwait’s primary financial regulator, issued a circular on the supervision and issuance of […]
Expert Opinion: Top 11 Things You Must Know Before Investing In Cryptocurrency
With several pieces of information out there about investing in cryptocurrency, one could be left confused about where to start. Read this article to discover the top eleven things you need to know before investing in cryptocurrency. Cryptocurrency has recently become a buzzword, attracting the attention of many investors looking to enter the market. And […]
Research Shows Use of Bitcoin For Illicit Crypto Activities Decline
According to new research by TRM Labs, fewer cybercriminals use Bitcoin as their primary method of transferring illicit funds and are now reverting to fiat channels or other cryptocurrencies. In its “Illicit Crypto Ecosystem Report,” published on June 28th, digital asset compliance and risk management firm TRM Labs revealed that illicit finance volumes involving Bitcoin […]
Can Bitcoin Help You Beat High Inflation? What the Experts Say
Discover how Bitcoin can be your solution against high inflation. Learn from the experts about the potential of Bitcoin as an inflation-beating asset. Since the emergence of cryptocurrencies, a lot of things have been said about Bitcoin and other digital assets. While some people hailed Bitcoin as the next world currency, others flat-out called digital […]
Celsius Opens Door to Swap Altcoins for Bitcoin, Ether
The Celsius Network has announced its plans to simplify converting all cryptocurrencies into Bitcoin and Ethereum, starting from July 1, 2023. The network aims to enhance accessibility to these prominent cryptocurrencies by allowing the conversion of alternative cryptocurrencies. A court document filed on June 14 revealed this information. However, it is essential to note that […]