AI data centers hit same local resistance that slowed Bitcoin mining
In recent developments, aI data center expansion is facing growing local opposition over power, infrastructure and costs, echoing the resistance that once slowed Bitcoin mining. Looking closer, market participants highlight…
French authorities investigate data breach of crypto tax platform
In recent developments, a local news outlet reported that a hacking group called the Shiny Hunters sent ransom demands to Waltio after seizing personal data from about 50,000 users. Looking…
Revolut Applies for Banking License in Peruvian Expansion Push
In recent developments, the company announced that this movie is part of its strategy to bring a local payment and banking alternative to Peru. Peru has a large level of…
Coinbase pauses local fiat rails in Argentina less than a year after its arrival
In recent developments, coinbase has halted peso-based USDC on- and off-ramps in Argentina less than a year after launch, citing a review of local operations while keeping crypto trading fully…
Sberbank Issues First Crypto Backed Loan in Russia
In recent developments, local media reports indicate that Sberbank, Russia’s largest banking institution, issued a loan to a local miner using cryptocurrency as collateral. While the transaction is just a…
Philippines blocks Coinbase, Gemini amid wider crackdown on unlicensed VASPs
In recent developments, philippine regulators are tightening control over crypto access, signaling that global exchanges must secure local licenses to operate. Looking closer, market participants highlight key drivers such as…
Robinhood is constructing a “regional triangle” that unlocks the one thin…
In recent developments, robinhood has spent the past few years trying to outgrow its meme-stock reputation, and the clearest sign that it is thinking differently now sits far from Menlo…
Pakistan clears Binance and HTX to seek local crypto licenses
In recent developments, pakistan gives a nod for crypto exchanges Binance and HTX to register local subsidiaries as regulators advance a phased crypto framework. Looking closer, market participants highlight key…
Central Bank of Argentina Mulls Allowing Banks to Offer Crypto Services
In recent developments, according to local media, the central bank is examining the possibility of issuing a new ruleset to allow banks to enter the cryptocurrency business. Local analysts say…
Kraken Expands Reach in Colombia, Implements Local Payments
In recent developments, kraken is now allowing Colombians to fund their accounts with Colombian pesos, expanding the reach and functionality of its services in the country. Mark Greenberg, Kraken’s Global…
