Crypto operations are banned, according to the Nepal Telecommunications Authority. Websites, applications, and internet networks associated to crypto activities are prohibited from being used, operated, or administered within the country, according to the regulator.
According to reports, Cambodian authorities have yet to give a business license to a cryptocurrency company, and executing cryptocurrency-related activities in the nation is still prohibited.
A top official at the European Central Bank has compared the emergence of crypto assets to the gold rush, urging nations to take action to prevent "a uncontrolled frenzy of risk-taking." The ECB official called for a global regulatory crackdown on cryptocurrencies and increased efforts to produce central bank digital currencies while speaking in the United States.
According to the study, bitcoin confiscated in various criminal investigations and donated might be valued up to $77 million.
According to the co-director of consumer and retail policy, the financial regulator has a tendency to focus on the threats crypto poses to financial stability.
Non-crypto investments account for over 20% of the Ethereum Foundation's coffers, according to its annual report.
Kevin O'Leary, a celebrity investor, told CNBC on Friday that cryptocurrencies and companies in the embryonic digital asset industry account for one-fifth of his investment holdings.
According to a new research, the soaring stock market and crypto profits created more than a million new millionaires in the United States last year.
Gibraltar has revealed new cryptocurrency legislation, aimed at preventing market manipulation and insider trading in the fast-evolving industry.
For the next two years, the law would prohibit new licences for proof-of-work mining activities at decommissioned power plants.