Browsing: Policy

David Pan, the purported founder of Ace Exchange, a cryptocurrency platform, has been taken into custody by Taiwanese authorities on charges of orchestrating fraudulent activities through digital currencies. Reported by Liberty Times on January 4, Taipei City police, in a

Indonesian authorities have taken decisive action against illegal Bitcoin mining operations, shuttering 10 facilities across the country amid accusations of electricity theft amounting to nearly $1 million. According to a recent report, the North Sumatra Police Force orchestrated the crackdown,

The Central Bank of Nigeria’s prohibition on regulated financial entities from engaging with crypto exchanges in 2021 has emerged as a significant stumbling block for the uptake of the eNaira, the country’s central bank digital currency (CBDC), asserts Chinedu Albert,

South Korean lawmakers, comprising the National Assembly, have been revealed to have engaged in cryptocurrency transactions amounting to nearly $100 million over a span of three years, as unveiled by a report released by the nation’s Anti-Corruption and Civil Rights

In a move to address a significant security breach, Canadian cryptocurrency exchange Catalyx has taken the drastic step of suspending all trading activities and withdrawals on its platform. The breach, suspected to involve an internal actor, has caused undisclosed losses

China’s Supreme Procuratorate has disclosed the intricate details surrounding the seven-year prison sentence handed down to Zhao Dong, the renowned founder of RenrenBit, a prominent over-the-counter (OTC) cryptocurrency trading platform. Zhao, widely recognized as the “OTC King,” was convicted for