IMF urges Nepal to tighten crypto oversight as flows persist Nepal banned crypto trading and mining in 2021, but the money never fully left. The IMF says digital asset flows have continued anyway, with stablecoins increasingly used for cross-border payments and transfers outside the formal banking system. Crypto inflows rose after Nepal’s 2021 ban Stablecoins […]
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China’s Blockchain Push: Tax Data Revolution or Decentralization’s Demise? Can blockchain thrive under an iron fist? China seems to think so, rolling out a bold policy to integrate the tech into banking and tax data sharing while simultaneously crushing any hint of crypto freedom. This latest move promises better credit access for small businesses but […]
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Democrats Propose Crypto Ban for Politicians Amid Protests at Trump’s Memecoin Gala Democratic lawmakers, led by Rep. Maxine Waters, have introduced the “Stop Trading, Retention, and Unfair Market Payoffs in Crypto Act of 2025” to prohibit U.S. politicians and their immediate families from owning or profiting from cryptocurrencies while in office. This legislative action coincides […]
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Cango Inc.’s Bold Move into Bitcoin Mining: A $256 Million Gamble Shanghai-based Cango Inc., a prominent car dealership, has made a surprising pivot by investing $256 million into Bitcoin mining. This hefty investment was used to acquire substantial mining power from Bitmain Technologies, positioning Cango as a significant force in the cryptocurrency mining world. Despite […]
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