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Nigeria moved $40 million via peer-to-peer Bitcoin (BTC) trades last month
Data on Bitcoin peer-to-peer trading has shown that nearly $40 million worth of the leading digital asset was moved in the last 30 days by Nigerian Bitcoin users This figure is in line with those the African country had recorded since her government banned financial institutions from providing their services for crypto transactions. дальше »
2021-8-7 16:16 | |
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Ukraine Proposes Bill To Enable Use Of Cryptocurrency For Payments
Ukraine, one of the world’s most active cryptocurrency nations, is striving to become the utopia jurisdiction for businesses. Legislators in the country are working on a package of bills that would essentially integrate cryptocurrency into its legal and financial system. дальше »
2021-8-7 23:42 | |
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Nigerians Move Almost $40 Million In P2P Bitcoin Trading In A Month
Bitcoin trading has always seen high adoption in countries with currencies that are depreciating fast. The West African country of Nigeria has always been at the forefront of BTC adoption in the region. дальше »
2021-8-7 20:00 | |
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Bitbns announces Cryptocurrency SIPs’ worth lakhs for Indian Medalists at Tokyo Olympics 2020
In its bid to recognize and celebrate Olympic champions, Bitbns, the country’s leading cryptocurrency exchange, has announced Bitcoin SIP awards for Indian winners at the Tokyo 2020 Olympic Games. дальше »
2021-8-5 13:44 | |
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El Salvador effect: Spain considers allowing mortgage payments in crypto
According to 20 Minutos, a Spanish newspaper group, lawmakers in the country are considering a proposal enabling mortgage payments with crypto. The post El Salvador effect: Spain considers allowing mortgage payments in crypto appeared first on CryptoSlate. дальше »
2021-8-4 01:00 | |
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US banks urged to include Bitcoin, crypto in their plans for this crucial reason
In a new report titled “Understanding Crypto: What banks need to know,” the American Bankers Association (ABA) has urged banks across the country to partner with crypto firms. The need for banks to partner with crypto firms, according to the report, is due to the increased profitability of the sector and rising client interest. дальше »
2021-8-3 14:07 | |
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U.S. Lawmakers Soft-Pedal on Proposed Crypto Taxation Move
Authorities in the United States have narrowed the scope of the proposed bipartisan infrastructure bill which was initially designed to milk out at least $28 billion from the country’s crypto investors to make up the $500 billion they plan to use for infrastructural development, according to reports on July 2, 2021. A New Language AsRead More дальше »
2021-8-3 05:00 | |
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China Reemphasizes It’s Not Yet Done Clamping Down On Bitcoin
China received a lot of backlash for its decision to scrap Bitcoin miners from the country. Miners who were forced to relocate swiftly managed to set up their equipment in a new environment and have since been on the journey of recovery. дальше »
2021-8-3 23:20 | |
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Bank Of America Sees Four Upsides In El Salvador’s Bitcoin Adoption
Bank Of America has said that it sees how El Salvador’s adoption of Bitcoin could help the Island country. President Bukele Agrees With Bank Of America President Nayib Bukele of El Salvador, a Central American country, tweeted yesterday screenshots of a Bank of America economic outlook report (BofA). Along with explaining why the bank is […] дальше »
2021-8-3 22:58 | |
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China’s Central Bank Vows to Keep a Close Eye on Crypto Trading
The Chinese central bank vows to keep high regulatory pressure on crypto trading in the country. PBoC to Continue Monitoring Crypto Trading The People’s Bank of China recently published the key takeaways of a meeting where the regulators discussed at length the progress on monetary policy in the first half of 2021 and the stepsRead More дальше »
2021-8-2 19:00 | |
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11 South Korean Exchanges Closing Amid Regulator Probe
A number of middleweight cryptocurrency exchanges in South Korea will close their doors as the country's financial regulator launches an inspection into suspected illegal activities. The post 11 South Korean Exchanges Closing Amid Regulator Probe appeared first on BeInCrypto. дальше »
2021-8-1 18:05 | |
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What you should know about Paraguay's push to welcome Bitcoin miners
Of late, Paraguay seems to be offering Bitcoin miners exactly what they need and thus, it has emerged as the latest country many miners are migrating to. China - Not the powerhouse anymore? China's The post What you should know about Paraguay's push to welcome Bitcoin miners appeared first on AMBCrypto. дальше »
2021-8-1 14:00 | |
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Binance Execs to be Questioned Over Money Laundering by Chinese Betting Apps via WazirX
Anti-money laundering authorities in India are investigating whether Binance’s subsidiary and the largest crypto exchange in India WazirX is involved in money laundering activities linked to Chinese betting apps in the country. дальше »
2021-7-31 22:59 | |
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Binance Lands In Deep Water As Malaysia Orders Crypto Exchange To Halt Operations
Cryptocurrency exchange, Binance, has been facing tumultuous times as they have been the focus of several regulatory actions recently. The most recent blow just came from Malaysia. The Securities Commission (SC) of Malaysia today announced that it has taken enforcement action against Binance for illegally operating a digital assets exchange (DAX) in the country, effectively […] дальше »
2021-7-31 20:47 | |
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All About The Bitcoin Adoption Revolution Going On In Central Asia’s Kazakhstan
Central Asian country Kazakhstan has been prominent in the news for Bitcoin mining recently. The country which now boasts being home to about 6-8% of the Bitcoin network hashrate is also seeing significant growth in the adoption of the cryptocurrency. дальше »
2021-7-31 15:43 | |
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Malaysian regulators order Binance to disable operations within 14 days
The Securities Commission Malaysia (SC), the country’s topmost watchdog for financial services and securities, ordered crypto exchange Binance to shut up shop within two weeks and cease all offerings to Malaysian users. дальше »
2021-7-31 14:13 | |
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U.S. Authorities Set to Impose Stricter Crypto Taxes on Investors
United States lawmakers are looking to impose stricter taxation rules on crypto investors, in a bid to milk out roughly $28 billion from the industry and use it to fund part of the proposed $1 trillion bipartisan infrastructure deal that aims to invest over half a trillion dollars in the country’s public works system, accordingRead More дальше »
2021-7-30 21:00 | |
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US senators eye the crypto market for potential $28 billion in tax revenue
US President Joe Biden and the bipartisan group announced the details of a historic $550 billion federal investment in the country’s infrastructure as the Senate intends to tighten crypto taxes in order to raise $28 billion that would contribute to the funding, Bloomberg reported. дальше »
2021-7-30 20:00 | |
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The Israeli government mulls tracking crypto holdings worth over $61K
Israel’s government is bolstering its strategies in the fight against tax evasion and money laundering. A report unveiled this news earlier today, citing a new draft bill published by the country’s Finance Ministry. дальше »
2021-7-30 18:14 | |
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Kazakhstan to Reportedly Let Banks Open Cryptocurrency Accounts
The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More дальше »
2021-7-28 23:00 | |
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What part of Bitcoin as national currency is a 'step too far'
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. дальше »
2021-7-28 22:00 | |
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Why did Huobi file 'resolution to dissolve' its entity in China
The stringent crackdown on cryptocurrency businesses and mining in China has led the prominent cryptocurrency exchange, Huobi to shut down its subsidiary functioning in the country. According to the pThe post Why did Huobi file 'resolution to dissolve' its entity in China appeared first on AMBCrypto. дальше »
2021-7-28 21:34 | |
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Bitcoin: These 3 metrics are important to keep track of
Bitcoin and its network’s hash rate took a huge blow when China “banned” mining in the country. This decision’s impact could be long-lasting and while it did affect the investors, it was the mThe post Bitcoin: These 3 metrics are important to keep track of appeared first on AMBCrypto. дальше »
2021-7-27 04:00 | |
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Blockchain Australia Submits Crypto Regulatory Recommendations to Parliament
Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on Friday, July 23,Read More дальше »
2021-7-26 21:00 | |
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Namibia Central Bank to Complete Crypto Study By April 2022 — Governor Says Current Laws Do not Permit Use of Digital Assets
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws. дальше »
2021-7-25 21:00 | |
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Protests Erupt In El Salvador Over The Government’s Bitcoin Law
After garnering the approval of a supermajority in parliament, El Salvador enacted its Bitcoin Law, essentially becoming the world’s first country to adopt bitcoin as legal tender. The Bitcoin Law was passed just hours after President Nayib Bukele first revealed his intentions to introduce it. дальше »
2021-7-25 20:18 | |
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Central Bank of Colombia Announces First Blockchain Bond Pilot Program
The Central Bank of Colombia has announced its involvement in the first blockchain bond pilot program in the country, with the participation of the Interamerican Development Bank (IDB) and Davivienda, a private commercial bank. дальше »
2021-7-24 08:30 | |
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Chinese Miners Pivot to Alternative Currencies to Keep Operating
The Chinese mining crackdown forced many miners to stop their operations and relocate. But another group of miners is planning to pivot to new, more efficient mining schemes to keep operating in the country. дальше »
2021-7-24 04:30 | |
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EL Salvadorians Go On The Streets In Protest Against Adoption Of Bitcoin As Legal Tender
Despite a three-month restriction on protests, a group of El Salvadorians comprised of leftist unions, student organisations, and others gathered at the Legislative Assembly to denounce the country’s acceptance of Bitcoin as its official currency. дальше »
2021-7-24 02:03 | |
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Report Reveals El Salvador Plans For Issuing A Stablecoin
El Salvador recently became the first country to adopt Bitcoin as a legal tender in financial transactions, and now it plans to issue a stablecoin. The President, who calls himself “the coolest president in the world,” took the first step to equip his citizens with a digital means of paying for goods & services. дальше »
2021-7-24 21:24 | |
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Bank of Russia Advises Stock Exchanges to Avoid Trading Crypto Instruments
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges. дальше »
2021-7-24 18:30 | |
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China’s Economy Has Plateaued Says Bloomberg Analyst
“China’s rejection of open-source software crypto-assets may mark a plateau in the country’s economic ascent, we believe,” says Mike McGlone, a Senior Commodity Strategist at Bloomberg Intelligence. Hedge fund manager... дальше »
2021-7-25 17:52 | |
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What this metric means for Bitcoin's capitulation concerns
Bitcoin is more than just a cryptocurrency and a store of value asset. For a lot of people, it is their regular source of income. When China 'banned' mining operations in the country, its repercussionThe post What this metric means for Bitcoin's capitulation concerns appeared first on AMBCrypto. дальше »
2021-7-23 13:30 | |
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The people of El Salvador are protesting against Bitcoin bill
President Nayib Bukele’s bill that granted Bitcoin (BTC) a legal tender status in El Salvador is yet to be enforced in September but after the country’s distrust of the new legislation became apparent through opinion surveys, Salvadorans started voicing their disapproval in the streets. дальше »
2021-7-23 05:00 | |
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South Korea: Crypto Exchanges Must Register in 2 Months, Warns FSC
The South Korean government’s top financial regulator warned Thursday that foreign cryptocurrency exchanges that target Koreans would risk banned access to their websites as well as criminal investigations unless they register with the country’s anti-money laundering authority. дальше »
2021-7-23 23:00 | |
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South Korea to take action against unregistered crypto exchanges
Crypto exchanges operating in the country that do not register by September 24 face potential fines or even jail time.
дальше »2021-7-23 22:33 | |
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South Korean Regulators Warn Dozens of Foreign Exchanges to Comply With New Rules
Overseas crypto exchanges marketing to Koreans will be blocked if they fail to comply with new South Korean regulations. The country’s anti-money laundering body has sent a notice to a number of foreign trading platforms warning them a registration is mandatory in order to provide services to Korean residents. дальше »
2021-7-23 19:30 | |
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China Offers Medics Digital Yuan Insurance Policy for Covid-19
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. дальше »
2021-7-22 18:00 | |
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ASX sounds crypto exchange custody warning, calls for better regulations
The Australia Securities Exchange says crypto investors in the country need to be mindful of the dangers of holding their cryptocurrencies on exchange platforms. дальше »
2021-7-22 12:59 | |
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South African Central Bank Warns Citizens Against Accepting Tainted Banknotes
A week after more than 1,400 ATMs in South Africa were attacked during a looting spree, the country’s central bank is now asking citizens to reject banknotes that are stained with traces of blue and green ink. дальше »
2021-7-20 11:30 | |
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Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week
Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. дальше »
2021-7-20 07:30 | |
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Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. дальше »
2021-7-19 00:30 | |
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El Salvador Is Reportedly Planning Its Own National Stablecoin — Here’s What You Need To Know
In June, El Salvador became the first country in the world to make bitcoin legal tender, just days after millennial president Nayib Bukele announced his ambitious crypto vision during the 2021 Miami Bitcoin extravaganza. дальше »
2021-7-18 16:51 | |
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