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Posts published by “Sahana Kiran”

Swedish Government returns $1.5M worth BTC to drug dealer sitting in jail

In a bizarre turn of events, the Swedish government has decided to return Bitcoin worth about $1.5 million to a drug dealer who is currently serving time in prison. The crypto-verse had been associated with crime time and again. Since the industry wasn’t entirely regulated, criminals and drug dealers decided to use crypto assets to…

El Salvador to use energy from volcanos for crypto mining after Bitcoin Law receives green signal

El Salvador has been making news lately after openly embracing Bitcoin [BTC]. The country’s president seemed to be weighing in on the advancement of crypto in the region. Just as El Salvador garnered a thumbs up from Congress, its president, Nayib Bukele, revealed his plans to spruce up crypto adoption efficiently. The crypto community was…

Turkey’s Opposition Leader Calls Out Government’s Untimely Crypto Ban

Just when countries across the globe were embracing Bitcoin and other cryptocurrencies, the Turkish government did not appear to be interested in capitalizing on the ongoing surge in the value of the crypto market, as it went on to ban crypto assets in the country. The Central Bank of the Republic of Turkey announced yesterday that…

MoneySense launches Campaign to raise public awareness on the perils Of Crypto Scams and online trading

There’s no rose without a thorn, similarly, despite being immensely valuable, the crypto industry deals with scams and hacks. Singaporeans have been urged to stay safe against any possible scam with regard to crypto through a campaign. Earlier this month, Tharman Shanmugaratnam, Chairman of the Monetary Authority of Singapore [MAS], the prominent financial regulator in…