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Chinese Crypto Czar: Facebook’s Libra ‘Might Be Unstoppable’

The new director of China’s Research Institute on Digital Currency, Changchun Mu, believes that even though the world powers do not welcome Facebook’s Libra coin, the stablecoin and its advance is now unstoppable. The Chinese crypto czar officially assumed his role at the Institute on…

Miners In Iran May Be Part Of A New Registration System Soon

The country and cabinet of Iran is apparently looking into a new proposal which will help crypto miners in the country to register their cryptocurrency on an annual basis. As the latest cryptocurrency news show, the miners in Iran would license their work and provide…

VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet

The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief, Democracy Assistance and Development Act (VERDAD). “Verdad” is Spanish for “truth.” If VERDAD passes, it will be the first time a specific crypto has been…

Changes Afoot for Philippine Crypto-Friendly Economic Zone

The special economic zone in the Philippines known for its crypto friendliness is undergoing some changes. Government-owned Cagayan Economic Zone Authority (Ceza) is investigating a case involving one of its licensed crypto exchanges after a tip from the Chinese government. The authority has also issued…

Bitcoin ETF Regulatory Withdrawal Sets Institution On-Ramp Back Once Again

VanEck and SolidX have withdrawn a proposal with the U.S. Securities and Exchange Commission (SEC) for the duo’s latest attempt at a bitcoin exchange-traded fund (ETF). The struggle to create the first bitcoin ETF has been ongoing since at least 2013. Theoretically, a formalized market…