Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs. The department has stated its position in correspondence with an ICT industry association which wanted to know what rules apply to cryptocurrency exchange, local media reported. Converting a Cryptocurrency Into Another Is Not Against Iranian Law…
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In what is seen as a boost for Mirror Trading International (MTI) investors, United States investigators are said to have joined the probe into the collapsed bitcoin scheme. According to a report, the U.S. investigators’ goal for joining this probe is to help “recover the assets of out-of-pocket investors.” FBI Interest Confirmation of the U.S.…
Makersplace, NFT platform, raised $30 million in a Series A funding round on Wednesday. The NFT marketplace’s creators said they want to use the funding to “acquire additional talent and scale the business.” While Pantera Capital and Bessemer Venture Partners co-led the Series A, Eminem, the world-famous hip hop artist, also invested in Makersplace. Makersplace…
According to industry insiders, the present price instability in Bitcoin is merely temporary, and another bull run could be on the way. The term “bitcoin” has become a catchphrase in the cryptocurrency sector. Bitcoin never ceases to astound or surprise investors, given the amount of attention it receives. It hit an all-time high of $65,000…
While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented migrants, cryptocurrencies offer a faster and cheaper way of sending money to their loved ones. For…
