U.S. DEPARTMENT OF JUSTICE SETS UP CRIMINAL PROBE…

The U.S. Department of Justice(DOJ) has began investigation of crypto market price manipulation. According to bloomberg, federal prosecutors are partnering with Community Futures Trading Commission(CFTC) to investigate possible price manipulation of bitcoin and other digital…

Bank of England open to central bank digital…

The Governor of the Bank of England Mark Carney said at the Riksbank Anniversary conference that he was open-minded about the prospect of a central bank digital currency (CBDC),  Bloomberg reports May 25. Riksbank is the central bank of Sweden.…

India Plans to Levy 18% Tax on Cryptocurrency…

India, the world’s second-largest country by population, may soon give a glimmer of hope to cryptocurrency investors after months of propagating a negative agenda against the digital asset class. As reported on Bloomberg, India may soon…

Crypto Mining Co Canaan Inc Seeks $2 Billion…

The second largest Bitcoin mining firm has announced plans to raise $2 billion in an initial public offering in July. It would be the biggest bitcoin focused IPO so far. Canaan Inc, a cryptocurrency mining…