Latest from Sandali Handagama
Economic Uncertainty Drives Crypto Growth in Sri Lanka
Paxful's crypto trading volume in 2021 has more than tripled compared to all of 2020.
Huobi Group's Investment Arm Dedicates $100M to DeFi, Mergers
Huobi Ventures will consolidate the firm's investment strategy.
Solana Foundation Draws $60M to Support Blockchain Development
The funds, provided by Hacken, Gate.io, Coin DCX and BRZ, will focus on growing the Solana ecosystem in Brazil, India, Russia and Ukraine.
Consensus 2021: Crypto Is Booming in Brazil, but Regulations Lag Behind
Brazil's largest crypto exchange, Mercado Bitcoin, has already traded $5 billion in the first quarter of 2021 alone compared to $1.2 billion in all of 2020.
Turkish Crypto Exchanges Must Report Transactions Over $1,200, Finance Minister Says
The country is rushing to regulate the crypto market after two local crypto exchanges went offline in April.
$2.2B Bitso Becomes First Crypto Unicorn in Latin America
The Mexico-based company said it is now valued at $2.2 billion, making it the first cryptocurrency company in the region to exceed a value of $1 billion.
Colombia’s Crypto Use Soars, and Local Regulators Step In
The Colombian government is implementing new anti-money laundering laws with local exchanges.
Beijing to Track Crypto Mining Impact on Energy Consumption: Report
A Beijing municipal bureau sent an emergency notice to local data centers, asking about crypto mining operations.
Turkish Government Plans Central Custodian Bank to Manage Crypto Risk: Report
Authorities are also contemplating a capital threshold for crypto exchanges and education requirements for the executives at the firms, Bloomberg said, citing an unnamed official.
Turkish Crypto Exchange Goes Offline, CEO Missing
The report by government-controlled Anadolu Agency comes a week after the country’s central bank announced it was banning the use of crypto for payments.