Malaysia changes stance on cryptocurrencies and NFTs

2022-3-22 04:51

The Malaysian government seemingly took a u-turn regarding its stance on cryptocurrencies. They are now backing the adoption of cryptocurrencies and crypto technology in the Asian country. Cryptocurrency Regulations Worldwide Cryptocurrencies and crypto technology have had a hard time getting the approval and acceptance of governments globally.

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Cryptocurrencies under $1 to get you into crypto for June

Polygon MATIC/USD and Cardano ADA/USD  are some of the best cryptocurrencies that you can get for under $1. On May 27, 2022, we saw Tether Token (USDT) launched on Polygon. On May 30, 2022, Cardano Foundation announced the Crypto Valley Conference, where the CEO of the Cardano Foundation, Frederik Gregaard, and the head of financial […] The post Cryptocurrencies under $1 to get you into crypto for June appeared first on Invezz.

2022-6-1 16:42


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Crypto’s Influence on Elections to be review by US Senate

The U.S. Senate is looking to assess the impact of cryptocurrencies on American elections. The Senate’s Subcommittee on Crime and Terrorism will host a hearing titled “Protecting Our Elections: Examining Shell Companies and Virtual Currencies as Avenues for Foreign Interference” on June 26, according to a scheduled posted on the U.S. Senate Committee on the

2018-6-23 23:42


Taiwan’s Financial Regulator will Conduct Specific Review of Cryptocurrencies

Economy & Regulation The Financial Supervisory Commission of Taiwan has indicated its intentions to maintain only a limited oversight of cryptocurrencies. The regulator said it’s going to focus mainly on the enforcement of anti-money laundering policies, while remaining open towards innovations like those coming from the crypto sector. The regulator is only involved in preventing

2018-6-22 17:20


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Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation, is open to new rules for digital currency

Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal

2018-6-22 02:29


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Government Save Bank of St. Louis Includes Crypto Cost Following to Inquire about Database

The Federal Reserve Bank of St. Louis will now be tracking the prices of four cryptocurrencies on their research database, according to a June 19 post on the bank’s website. The database, called the Federal Reserve Economic Data (FRED), will now include the prices of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) from

2018-6-22 00:48


Crypto on the Go: Investors Find Value in Cheetah’s New Tracking App

Cheetah Mobile, a Beijing-based app developer, announced on Thursday that it’s releasing an app aimed to make it simpler for investors to monitor their cryptocurrency portfolios. Dubbed Coin Master, the mobile app – available for both iOS and Android – will track the real-time prices of cryptocurrencies on over 100 exchanges and automatically calculate overall losses

2018-6-21 18:14


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Goldman Sachs ceo: ‘Too aloof’ to Think Crypto Won’t Work Out Since It’s ‘Curious’

Goldman Sachs CEO Lloyd Blankfein reiterated his positive stance on cryptocurrencies in an interview with Bloomberg at the Economic Club of New York, June 19. Addressing the evolution of money, Blankfein pointed out the common features between paper money and crypto, apparently implying that they both do not have intrinsic value. But based on everything

2018-6-20 15:40


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South Korea Exchange Bithumb Stops Withdrawls After Hack

$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be

2018-6-20 13:47


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Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report

The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News.

2018-6-20 11:20


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Cambodia makes crypto illegal without license

Dealing in cryptocurrencies without obtaining a license from relevant authorities has been declared illegal in Cambodia, according to an official statement published Tuesday, June 19. The authorities specify these risks as including the fact that cryptocurrencies’ issuance is “not backed by collateral,” vulnerability to cybercrime, price volatility, and a lack of investor protection mechanisms that

2018-6-20 23:16