Buying crypto with credit card is now indirectly banned in Taiwan

Taiwan’s Financial Supervisory Commission (FSC), a chief financial regulator, issued a note to the banking industry, indicating that they should not grant the virtual assets providers (VASPs) the status of merchant in operations with credit card holders. That means a de-facto ban on buying crypto with a credit card on the island.  As the local media reported on Thursday, July […]

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Compass Mining to add 25,000 ASIC miners just weeks after staff cuts

Mere weeks after announcing staff lay-offs and salary cuts, Compass Mining has unveiled expansion plans in the form of a 75 megawatt (MW) hosting partnership with Compute North for its data center in Granbury, Texas. The announcement on Thursday comes only two weeks after the company retrenched 15% of its employees and implemented salary cuts for its top executives as […]

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Large institutions sold $5.5B in BTC since May — and we're still here

Since May 10, as much as 236,237 Bitcoin (worth $5.452 billion) has been sold by “large institutions” — mostly as a result of forced selling.  A Twitter thread from Arcane Research analyst Vetle Lunde details how and when many institutional Bitcoin holders began selling their stacks. Lunde stated that “it all started with Do Kwon.” The Luna Foundation Guard (LFG), […]

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OKX Cryptocurrency Exchange Review (2022)

REVIEW OVERVIEW Ease of use Reliability Reputation Features SUMMARYOKX is an excellent exchange that’s exceptionally reliable and provides a wide range of features and services. Since the platform was founded in 2017, it has had minimal downtime and no major hacking incidents, giving it an excellent reputation in the crypto community. The only downside to OKX is that it doesn’t […]

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SEC Swoops in To Classify 9 Tokens as Securities in Complaint Against Former Coinbase Employee for Insider Trading

Summary: The SEC has gone after a former Coinbase employee accused of insider trading, filing a complaint against him, his brother, and his friend with the US District Court Western District of Washington, Seattle. The complaint describes digital tokens as being crypto asset securities. Nine tokens mentioned in the complaint include AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, and […]

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Mon Abrea on Crypto Taxation in the Philippines

Mon Abrea – a celebrity tax accountant in the Philippines – recently offered his view on future crypto tax legislation in the Asian country. Mon Abrea Doesn’t See Heavy Crypto Taxation in the Future Mon Abrea commented that at this time, he doesn’t see new crypto taxation laws coming into effect given that the nation’s leaders don’t seem to understand […]

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Cryptocurrencies You Can Use On Bitcoin Casinos

Bitcoin, the revolutionary digital currency that has quickly taken over the world, can now be used to play casino games on certain websites. However, other cryptocurrencies are also available with many of these same casinos. In this article, we will look at some of the top cryptocurrencies you can use to play casino games on cryptocurrency casinos. Source: https://unsplash.com/photos/Y2P9q_IQlSU Bitcoin […]

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