In a recent development, the Bali Provincial Government in Indonesia has announced a ban on the use of cryptocurrencies for payments by foreign tourists. This move, which includes popular digital currencies like Bitcoin and USDT, signifies a significant shift in…
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Crypto Payments Illegal in Tropical Paradise of Bali
Bali, one of the most popular tourist destinations in Indonesia, has issued a stern warning to visitors who use crypto for payments on the island. Wayan Koster, the governor of Bali, said that the rupiah is the only legal tender…
Altcoins at a Glance- Get Your Latest Crypto Briefs
Welcome back to Altcoins at a Glance. The Altcoins space has been relatively quiet this week. but we know that you’ll be expecting your news briefs so we have searched for the most interesting topics for you. Your NFT Can…
Crypto Startup Co-Founded by Sam Altman Raises $115 Million: An Overview of a Recent Funding Round in the Crypto Space
Sam Altman’s Crypto Startup Secures $115 Million in Funding A cryptocurrency startup co-founded by tech luminaries Sam Altman and Joshua Browder has recently made headlines by successfully raising an impressive $115 million in a funding round. Altman, the former president…
Hong Kong’s New Regulatory Stand: Retail Customers Barred from Stablecoin Trading – A Strategic Move towards Investor Protection
Hong Kong Tightens Stablecoin Trading Regulations The Hong Kong Monetary Authority (HKMA) has recently disclosed its new regulatory stance on stablecoins, stating that retail customers will no longer be permitted to participate in stablecoin trading. This initiative exhibits Hong Kong’s…
Eye-opening Scenario for Crypto Exposed by Ex-Coinbase CTO
Balaji Srinivasan, the former Coinbase Chief Technology Officer (CTO), has revealed a frightening scenario where crypto keys are hacked by government-sanctioned backdoor attacks. He pointed out a future possibility that bankrupt governments do not have enough Bitcoin to fund their…
Banking Commissioner Strikes Settlement with Bitcoin of America
Connecticut’s Banking Commissioner Announces Major Settlement with Bitcoin of America The Department of Banking in Connecticut, under the leadership of Banking Commissioner Jorge Perez, has successfully negotiated a settlement with the popular cryptocurrency organization, Bitcoin of America. The company had…
Bitcoin Will be an Inviolable Right Under Kennedy’s Presidency
Democratic Presidential Candidate Robert F. Kennedy Jr. made a public appearance as a White House contender at the Bitcoin 2023 conference in Miami, Florida. He announced his exciting plans to support Bitcoin as a tool for protecting freedom in the…
Altcoins at a Glance – Latest Updates on Your Favorite Coins
Welcome back to Altcoins at a Glance, where we condense news about your favorite crypto projects. Aside from Bitcoin, there are thousands of other crypto projects, and nobody has the time to monitor them all. So here at Cryptonewsbytes, we…
Shiba Inu has New SHIB-themed Worry-free Cold Wallet
Shiba Inu, a top meme coin, has partnered with Tangem to produce a SHIB-themed cold wallet. Tangem is known for producing hard wallets that look like ordinary credit cards. The crypto wallet can be pre-ordered starting May 29, 2023. The…