24 crypto exchanges in Korea face regulatory death knell

According to a press statement released by South Korea’s Financial Services Commission (FSC), over 20 crypto exchanges operating within the Asian country could cease operation as the September 24 deadline for crypto regulation draws near. дальше »

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Finding Financial Freedom In Afghanistan

A pioneering female CEO has been promoting Bitcoin in Afghanistan since 2013 and sees it needed in her home country now more than ever. дальше »

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Is Bitcoin Mining Profitable in India? Things You Need to Know before You Start Mining

The cryptocurrency ecosystem in India has recently been booming with increased adoption. About a third of the population of youth in the country own a digital currency, make money with it and convert their profit in Bitcoin to INR. дальше »

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Thailand: SEC proposes new amendments for digital asset business operators

Thailand is gradually becoming one of Asia’s strongest crypto-strongholds. Publicly-listed companies are following an emerging trend of including Bitcoin on their balance sheets as the country’s dThe post Thailand: SEC proposes new amendments for digital asset business operators appeared first on AMBCrypto. дальше »

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UK’s FCA Authorizes Binance Markets Limited (BLM) to Operate in the Country

UK’s financial watchdog, the Financial Conduct Authority, announced on Wednesday that Binance Market Limited (BML), the UK-based entity of Binance, is now authorized to operate in the country for “specific activities and product types. дальше »

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Afghan Computer Engineer, Who Wanted to Mine Bitcoin and Ethereum, Flees Taliban, Gets Arrested in Turkey

A computer engineer from Afghanistan, who planned to start mining Bitcoin and Ethereum, was forced to flee the country on foot and was arrested by the Turkish police дальше »

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200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption

El Salvador began installing crypto ATMs as the country enters the last two weeks of preparation for the big day when Bitcoin (BTC) will claim its legal tender status. The post 200 Bitcoin ATMs installed in El Salvador ahead of legal tender adoption appeared first on CryptoSlate. дальше »

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China’s Digital Yuan Used for Payment in Country’s Financial Markets

China’s Dalian Commodity Exchange has successfully used the digital yuan for fees settlement in the nation’s futures market, making it the first real application of the People’s Bank of China (PBoC) issued digital currency in the finance sector, according to a report by China Securities News Network on August 23, 2021. дальше »

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El Salvador Begins Installing Crypto ATMs Ahead Of Bitcoin Rollout

Ahead of its cryptocurrency wallet launch in September, El Salvador's President Nayib Bukele has announced plans to install 200 Bitcoin Automated Teller Machines (ATM). In a post on Twitter, the president disclosed that the crypto ATMs would accompany the country’s digital wallet called Chivo. дальше »

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TokenTax Review [2021] – Is Token Tax a Good Crypto Tax Calculator?

Today, cryptocurrencies are taxed in almost every country in the world. However, calculating your crypto taxes is one of the more stressful parts of being a crypto trader because it is very time consuming – not to mention difficult! The time it takes to report on your crypto taxes depend on many things, such as […] The post TokenTax Review [2021] – Is Token Tax a Good Crypto Tax Calculator? appeared first on CaptainAltcoin. дальше »

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Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender

The news of El Salvador passing the law on Bitcoin as legal tender had made headlines in June. As the date on which it takes effect, draws near (7 September), the country's President shared a few updaThe post Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender appeared first on AMBCrypto. дальше »

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China’s “Great Mining Migration” Leads Cryptocurrency Firms To Relocate

The recent move from China to crack down on cryptocurrency mining caused Bit Digital Inc to change its plan. Instead, the Nasdaq listed company intensified its efforts of acquiring over 20,000 computer systems from another country. дальше »

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US-based Customers Bank to Offer Banking Services to Crypto Firms

West Reading, Pennsylvania-based Customers Bank is the latest bank to join the list of FDIC-insured institutions in the country keen on working with cryptocurrency companies. Customers Bank to Work with Crypto Firms For the uninitiated, Customers Bank boasts about $19. дальше »

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El Salvador’s President Nayib Bukele Makes Game-Changing Revelations About Bitcoin Law Ahead Of September Adoption

El Salvadors’ Bukele makes game-changing revelations about Bitcoin ahead of September 7th Central American country El Salvador took the world by surprise in July when the country’s parliament passed the Bitcoin Law proposed by President Nayib Bukele into law. дальше »

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HotBit Exchange Review [2021] – Is HotBit Safe & Legit?

Hotbit is an exchange launched in January 2018 that does not work with fiat currencies, which means that it only offers coin-to-coin trading. Its domicile country is unclear. However, seeing as the company owning and operating the exchange is called Shanghai Gametree Information Technology Co. дальше »

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Bitcoin adoption soars in Afghanistan after the country spirals into chaos

Afghanistan citizens have been increasingly embracing cryptocurrencies, more so after the Taliban took over the country. A report unveiled this news on August 21, giving the example of Farhan Hotak, a 22-year-old Afghan that resorted to using crypto to hedge some of his wealth against the current economic instability in his country. дальше »

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China’s high court proclaims that crypto is not protected by law

China has been making a lot of headlines in regards to the crypto industry this year, and more often than not, not for good reasons. The country has seen a number of its provinces crackdown on cryptocurrency mining, causing the miners to abandon their posts and seek out cheap electricity in other provinces, countries, and […] The post China’s high court proclaims that crypto is not protected by law appeared first on Invezz. дальше »

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South Korea’s Largest Crypto Exchange Upbit Become the First to Apply for a License After Securing a Bank Account

Leading South Korean cryptocurrency exchange Upbit has become the first to apply for a license in the country, reported a local publication. The exchange also secured a bank account with K-Bank allowing it to officially accept Korean fiat (KRW) deposits and withdrawals. дальше »

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Binance Removes Futures Trading for Brazil Clients Following Regulation Woes

Binance has once again removed its futures trading features for another country, this time Brazil clients will not have access to the trading features. The post Binance Removes Futures Trading for Brazil Clients Following Regulation Woes appeared first on BeInCrypto. дальше »

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Here's why this country's central bank thinks CBDCs are 'not necessary'

While most central banks around the world are moving to curb cryptocurrencies and replace them with a central bank digital currency [CBDC], Costa Rica has different plans. Like most, the Banco CentralThe post Here's why this country's central bank thinks CBDCs are 'not necessary' appeared first on AMBCrypto. дальше »

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A Bitcoin Maximalist’s Harsh Criticism Of The Lightning Network

The Lightning Network is the reason Bitcoin will be legal tender in El Salvador. The main chain couldn’t serve a whole country without a fast and reliable payment channel built on top of it. It’s as simple as that. дальше »

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MUFG Partners With Coinbase To Allow 40 Million Customers To Buy Bitcoin In Japan

Coinbase is launching in Japan through a new partnership with one of the largest banks in the country, Mitsubishi UFJ (MUFG) Financial Group. дальше »

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Ukraine Minister Says First Digital Currency Pilot Could Focus on Staff Salary Payments

The head of Ukraine’s Ministry of Digital Transformation has said that paying the staff of the ministry in the proposed central bank digital currency (CBDC) is under consideration.  Ukraine CBDC Pilot Could Initially Involve Salay Payments In a recent interview with local Ukraine news outlet TSN, Mikhail Fedorov, who is also the country’s deputy PrimeRead More дальше »

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Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC

Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank Digital Currency (CBDC) in the country. дальше »

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Crypto Exchanges Distancing From South Korea Ahead of Stricter Regulations

South Korea is known to host significant crypto trading activity. South Koreans were among the major players during the 2017 crypto boom. The country accounts for less than 1% of the world’s population. дальше »

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Playbetr Becomes Paris Saint-Germain’s Exclusive Official Online Betting Partner in Latin America

Paris Saint-Germain have signed an exclusive three-year regional partnership agreement with www.Playbetr.com, one of Latin America’s leading online betting providers. The Parisian club is now one of the most popular clubs in Latin America, particularly in Brazil, which is the home country of many of its former and current players. Playbetr will thus benefit from theRead More дальше »

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Bitcoin adoption could dampen El Salvador’s credit rating, Fitch says

Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector.   The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets. дальше »

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Bank Runners In Afghanistan See No Cash, Sought To Flee The Country After Taliban Takeover

As the Taliban advances after the President fled, Afghans fail to withdraw life savings due to cash shortage. дальше »

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Why Does Bitcoin Officially Becoming Legal Tender In El Salvador Matter?

Despite a small country living on a bitcoin standard, the first step is always the hardest, and a domino effect might bring bigger players to the game. дальше »

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Ukraine cracks down on illicit cryptocurrency exchange platforms

The Security Service of Ukraine (SBU) has come hard on several cryptocurrency platforms and digital asset exchangers operating illegally in the country. The regulator has also stopped the operation of some digital exchangers allegedly involved in money laundering. дальше »

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GoSats announces cashback for Indian crypto users

GoSats, one of the world’s largest Bitcoin rewards companies has rolled out its cashback for the users in India, setting the stage for potential mainstream adoption of blockchain technology and cryptocurrency in the second-most populous country on earth. дальше »

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Singapore: Majority of Crypto Holders Have At Least 5% Allocated to Digital Assets

More crypto-forward news is coming out of Singapore, as the country reports more than half of crypto holders have at least 5% of their portfolio allocated to digital currencies. The post Singapore: Majority of Crypto Holders Have At Least 5% Allocated to Digital Assets appeared first on BeInCrypto. дальше »

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Why 'there is no reason to say no’ to this Bitcoin plan

Latin America’s fascination with Bitcoin seems to only be growing, as Argentinian President Alberto Fernandez recently expressed his support for digital assets adoption within the country’s economThe post Why 'there is no reason to say no’ to this Bitcoin plan appeared first on AMBCrypto. дальше »

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Argentina president weighs Bitcoin legalization. But his government doesn’t agree

In a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto, but in contrast to his openness, the head of the country’s Central Bank, Miguel Pesce, prepares for a crackdown on the industry. дальше »

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Argentine President Hints at Possible Bitcoin (BTC) Adoption

Argentina may be nursing plans to adopt bitcoin (BTC) and other cryptocurrencies if the latest comments by President Alberto Fernandez is anything to go by. Hyperinflation has ravaged the country’s economy over the years and Fernandez has hinted that he’s cautiously amenable to crypto. дальше »

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President of Argentina open to Bitcoin and a CBDC, but central bank says no

Argentina’s president is open to the idea of central bank digital currency, but the country’s central bank head has rejected the idea. дальше »

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Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies

Singapore’s DBS Bank is the latest to receive approval “in principle” from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act. DBS Vickers, the bank's brokerage arm, is the one that received the go-ahead from the country’s financial regulator to begin offering crypto services directly to companies and asset managers via its […] The post Singapore’s DBS Bank Gets Approval from MAS to Offer Crypto Services to Asset Managers & Companies first appeared on BitcoinExchangeGuide. дальше »

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India Mints its First Crypto Unicorn

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Ripple (XRP) will now scale remittances between Korea and Thailand

A major South Korean remittance service provider partnered up with Ripple in a bid to power up payments between the country and Thailand.  Set to expand into additional remittance corridors, GME Remittance joined a flock of Korean financial institutions and money transfer companies already on RippleNet, as the blockchain-based payments company continues bolstering its presence […] The post Ripple (XRP) will now scale remittances between Korea and Thailand appeared first on CryptoSlate. дальше »

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Jamaica’s Central Bank Begins Minting Country’s Digital Currency (CBDC)

Central Bank Digital Currencies (CBDCs) have become a hot topic in the last year, with Asian giant China leading the charge. However, Caribbean nation Jamaica is now at the forefront following its roll-out of its first wholesale digital currency in a recently concluded ceremony. дальше »

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Will India's e-RUPI adoption pave the way for CBDC

Prime Minister of India, Narendra Modi launched e-RUPI, a digital voucher program in a bid to boost the country's fintech sector. The Indian government has been making efforts to digitize payments andThe post Will India's e-RUPI adoption pave the way for CBDC appeared first on AMBCrypto. дальше »

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Jamaica’s Central Bank Mints $1.5M Batch of New CBDC

The Bank of Jamaica (BOJ) has minted the country’s first batch of its central bank digital currency (CBDC) on Aug 10. The post Jamaica’s Central Bank Mints $1.5M Batch of New CBDC appeared first on BeInCrypto. дальше »

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Could The New “China Model” Be The Reason The Country Banned Bitcoin Mining?

What is the new “China Model”? And why would that country ban an industry that made them the ultimate leaders in the most important development in recent times? The world is still scratching its head. дальше »

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Japan: Why easing of regulatory restrictions might not be coming soon

Japan’s regulatory woes have been a topic of concern lately, and they don’t seem to be easing anytime soon, according to the country’s new commissioner of Financial Services Agency (FSA), JunichThe post Japan: Why easing of regulatory restrictions might not be coming soon appeared first on AMBCrypto. дальше »

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Nigerians Continue To Dominate Crypto Adoption In Africa, But There’s A Big Problem To Combat

Nigeria, the most populous black nation, has seen significant growth in Bitcoin adoption. The African country, despite the censorship of cryptocurrency trading by the government, has been one of the leaders in Bitcoin peer-to-peer trading globally. дальше »

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India Just Got Its First Crypto Unicorn

Despite the government’s nonchalance, the Indian cryptocurrency scene is becoming ever more exciting. On Tuesday, the country saw the emergence of the first crypto unicorn. CoinDCX, which was founded barely a few days before the RBI had imposed a ban on cryptocurrencies in India in 2018, has turned into a $1-billion company. CoinDCX Co-founder and […] дальше »

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US infra bill: Bitcoin and crypto community 'would be pleased with the outcome' IF this happens

Controversial crypto provisions to the U.S. infrastructure bill have been the talk of crypto town for almost a week now. The bill seeks to expand digital asset taxation in the country in order to raisThe post US infra bill: Bitcoin and crypto community 'would be pleased with the outcome' IF this happens appeared first on AMBCrypto. дальше »

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Brazil Lists Another Bitcoin ETF, First Carbon-Neutral

Hashdex launched its newest bitcoin ETF in Brazil, another addition to the country's diverse bitcoin ETF menu and the first to be carbon neutral. дальше »

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Australia Stagnating in Crypto Progress, Says Blockchain Australia

Despite still being well-placed in the crypto space, Blockchain Australia told a Senate committee that the country is falling behind its peers globally. The post Australia Stagnating in Crypto Progress, Says Blockchain Australia appeared first on BeInCrypto. дальше »

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Cambodia to Erase US Dollar Hegemony with Project Bakong

Cambodia’s central bank is working towards widespread adoption of its central bank digital currency (CBDC) with the ultimate aim of eliminating the US dollar hegemony in the country. Project Bakong to Eliminate USD Dependence Speaking to Nikkei Asia, the director-general of the National Bank of Cambodia (NBC) Chea Serey, noted that Project Bakong has witnessedRead More дальше »

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