MicroStrategy and Michael Saylor settle tax case for $40M

In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.

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Interest In Cryptocurrency Surges as New Miners Are Banned in British Columbia

British Columbia suspends new miners from accessing electricity in a bid to conserve 'clean' energy for electric vehicles.

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Crypto Flipsider News – FTX Execs Plead Guilty; MetaMask Expand Support; U.S. Stablecoin Bill; RBI Crypto Warning; BC HaltMiners

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British Columbia Will Stop Crypto Miners From Getting Electricity

British Columbia's state-owned electric company will suspend bitcoin miners' electricity-connection requests for 18 months. The halt will enable the government and BC Hydro to create a permanent structure that better balances crypto miners and residents and businesses. BC Hydro powers seven crypto-mining businesses. (Read More)

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British Columbia to halt new power connections for crypto miners

British Columbia has cited prioritizing clean energy and job creation as the main reasons for suspending cryptocurrency mining operations

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Columbia moves to explore CBDC

The Columbia government has commenced plans to launch a Central Bank Digital Currency (CBDC). Colombia’s tax agency director, Luis Carlos Reyes, made this known in [...]

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XRPL blockchain to sort land registry for Government of Columbia

The first National Land Registry for Colombia has been launched on top of the XRPL Blockchain after a year of effort by Ripple partner Peersyst Technology, a Barcelona-based software development company. The solution, which is based on the XRP stamp and allows digital assets to be registered on XRPL and their authenticity to be validated […]

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Companies among S. American Nations are Optimistic Accepting Crypto, Study Shows

Companies permitting Bitcoin and other crypto payments have a more positive outlook in Brazil, Columbia, and Argentina, according to a study by financial payments processing firm CoinsPaid. (Read More)

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Columbia’s biggest bank set to roll out Crypto Trading for its users

Bitcoin [BTC] along with other crypto-assets will soon make its entry into the Columbian market. As per a recent press release, Colombia’s biggest bank, Bancolombia is all set to join hands with US-based trading platform Gemini to enable crypto trading for its customers. The partnership is scheduled to take place on December 14 this year […]

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UK, Colombia crypto exchanges linked in TD Bank record fine

TD Bank facilitated more than $1 billion worth of bank transfers from two international crypto platforms, according to FinCEN.

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