Category: Cryptocurrency news

Tether Treasury Prints Again
Cryptocurrency news

Tether Treasury Prints Again

Tether (USDT) Treasury unexpectedly minted another 120M USDT recently, even after it exploded by over 43% since early March. Nonetheless, the Treasury is showing no signs of slowing that down. The stablecoin’s market cap surged

India’s Crypto Consumption Sees Eye-Boggling Rise
Cryptocurrency news

India’s Crypto Consumption Sees Eye-Boggling Rise

Amid domestic economic issues, alongside a nationwide COVID-19 led lockdown, India resorts to crypto assets. The country’s highest court recently put aside the Reserve Bank of India’s order dated April 6, 2018 that prohibited banks

PBoC Sharpens Commitment to Crypto Yuan
Cryptocurrency news

PBoC Sharpens Commitment to Crypto Yuan

China’s central bank is opening back its commitments to creating a crypto version of yuan. The People’s Bank of China (PBoC) announced the notion on April 4. The notice was part of a summary of

Brazilian Crypto Exchange XDEX Closes Down
Cryptocurrency news

Brazilian Crypto Exchange XDEX Closes Down

Due to uncertainty in Brazilian crypto regulations, the XDEX cryptocurrency exchange shut down its business. Its customers were asked to withdraw all funds in the exchanges within 30 days as the company closes down its

Venezuelan President Charged for Crypto Narco-Terrorism
Cryptocurrency news

Venezuelan President Charged for Crypto Narco-Terrorism

The US charged the Venezuelan President Nicolas Maduro for tapping into cryptocurrency for narco-terrorism. Maduro, alongside 14 other senior Venezuelan officials, allegedly used crypto to wreak havoc on American communities for an alleged multibillion-dollar cocaine