Uzbekistan Presents Registration Requirements for Cryptocurrency Miners

According to the draft decree of Uzbekistan’s National Agency for Perspective Projects, cryptocurrency mining entities will have to renew and register their certificates every year. NAPP, the country’s principal crypto watchdog is directly under the administration of President Shavkat Miyoyev. The document was recently published for public comments that will continue through July 9, and has already received […]

Bitcoin plunges toward $20,000 as crypto meltdown continues

The sell-off in cryptocurrencies deepened even further on Wednesday, with bitcoin sinking very close to the key level of $20,000. The price of bitcoin plunged 9% in 24 hours to around $20,208, according to data from Coin Metrics. The world’s largest digital currency is down more than 70% since the peak of the crypto craze in November […]

Most Salvadorans have already ditched their national bitcoin wallets

According to , the National Bureau of Economic Research published last month a paper showing that El Salvador’s national Bitcoin wallet, Chivo, was a failure. This study is the first non-governmental effort to quantify the country’s success with cryptocurrency. The nonprofit was based in Cambridge, Massachusetts and surveyed 1,800 households in urban areas as well as rural areas. The unbanked are […]