Bitdeer, a Singapore-based Bitcoin mining company led by Chinese billionaire Jihan Wu, has launched a closed-end fund to support its mining endeavors in Bhutan, a South Asian country known for its friendly stance towards cryptocurrencies. With plans to raise $80 … Continue reading Bitdeer Expands Bitcoin Mining Operations in Bhutan with New Fund

By: Zeng Han-Jun, Head of Research, Market Capital Research Two significant events has reached a fever pitch. First, there is the Bitcoin (BTC) halving and second, the potential approval of a spot Bitcoin ETF in the United States. However, investors … Continue reading Earth-shattering Bitcoin Events and A Look at Potential Short-Term Upside of Mid-Cap Crypto Tokens

According to a recent report by Crystal Blockchain, Ukraine, amidst its ongoing conflict with Russia, has received more than $225 million in cryptocurrency donations from supporters. This substantial influx of funds demonstrates the global crypto community’s solidarity with Ukraine’s struggle … Continue reading Ukraine’s Crypto Donations Surge as War with Russia Intensifies

Recent developments in the U.S. Congress have brought forth multiple bills aimed at regulating the country’s cryptocurrency industry. Amidst this legislative buzz, a surprising alliance has emerged. The Bank Policy Institute (BPI), a group of Wall Street lenders, has expressed … Continue reading Elizabeth Warren and the BPI Find Common Ground on Digital Asset Anti-Money Laundering Act

The cryptocurrency sector has experienced exponential growth, attracting both enthusiastic investors and dubious characters aiming to exploit its decentralized nature. Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has been a vocal advocate for regulatory oversight … Continue reading Examining Gary Gensler’s Concerns about The Need for Regulatory Oversight in the Crypto Industry

As the world witnesses the rapid rise of blockchain technology and nonfungible tokens (NFTs), concerns have been voiced by U.S. lawmakers over the potential clash between platform guidelines, particularly within Apple’s App Store, and the flourishing realm of distributed ledger … Continue reading Emerging Technologies and the App Store: A Clash of Innovation?

As crypto-assets continue to gain global relevance, the need for effective regulatory frameworks becomes increasingly crucial. In a significant development, India’s Supreme Court is actively seeking solutions to address the lack of regulatory clarity in the cryptocurrency industry. The Justices … Continue reading India’s Supreme Court Urges Government to Establish Regulatory Clarity for Cryptocurrency Market

Since its highly anticipated launch, Worldcoin, the brainchild of ChatGPT founder Sam Altman, has garnered significant attention in the cryptocurrency sphere. However, concerns about the legality of its biometric data collection techniques have led European regulators to closely examine the … Continue reading Worldcoin: Examining Biometric Data Collection Tactics Raises Regulatory Concerns

In a bid to tackle concerns surrounding money laundering and terrorist financing associated with cryptocurrencies, the Presidency of Peru has introduced a new decree. This mandate requires all cryptocurrency exchanges operating within the country to comply with anti-money laundering (AML) … Continue reading Peru Implements New Decree to Curb Money Laundering Risks in Cryptocurrency Sector

The US Securities and Exchange Commission (SEC) has raised alarm bells in the accounting industry regarding audits conducted in the crypto asset space. In a statement released on July 27, SEC Chief Accountant Paul Munter expressed deep concerns about the … Continue reading The SEC Warns Accounting Firms of Hazards in the Crypto Industry