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Iran’s Vice President Orders Licensed Crypto Miners To Suspend Operations
As Iran’s electricity disruptions continue, the country's Vice President has now charged all Bitcoin miners to stop operations altogether. Electricity Crisis May Continue Until August The Vice President, Eshaq Jahangiri, said that the current electricity situation for Iranians is likely to continue until early August. дальше »
2021-7-8 22:19 | |
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Currency devaluation in Nigeria is driving a crypto boom in the country
Data from analytics firm Chainalysis shows that in May, Nigerians received a marked increase in crypto compared to last December. The post Currency devaluation in Nigeria is driving a crypto boom in the country appeared first on CryptoSlate. дальше »
2021-7-7 18:00 | |
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Bank of Jamaica to begin digital currency pilot in August
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country. дальше »
2021-7-7 15:32 | |
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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. дальше »
2021-7-7 14:30 | |
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Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. дальше »
2021-7-7 13:00 | |
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After El Salvador, What Bitcoin Adoption Means For Africa
In its line-up after El Salvador signed into law legislation making Bitcoin its legal tender, Tanzania, an East African country with about 58 million citizens became the latest to express interest in embracing decentralized finance. дальше »
2021-7-7 12:34 | |
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Iran orders even licensed crypto miners to immediately stop production
Iran has recently started making a number of moves to take crypto mining under control. After a recent bill that threatened to ban all foreign-mined cryptocurrencies, the country has now once again ordered its local miners to stop production immediately. дальше »
2021-7-7 12:27 | |
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India: Finance Minister Confirms Crypto Regulations are Incoming
India is getting closer to regulating cryptocurrencies on its own territory. The finance minister of India has presented an update on the country’s cryptocurrency bill, which the government has been working on. дальше »
2021-7-7 10:39 | |
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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities. дальше »
2021-7-7 06:30 | |
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Philippine Stock Exchange Plans To Become A Cryptocurrency Trading Platform
According to a recent report, the stock exchange in the Philippines is targeting to be the forerunner of cryptocurrency trading in the country. Once the SEC and financial regulators give their go-ahead guidelines, the stock exchange plans to kick-start the plan. дальше »
2021-7-7 01:13 | |
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“Top” Bitcoin Miner Predicts Bleak Crypto Future In China
The founder of Bitcoin mining pool BTC. TOP, Jiang Zhuoer, has made another prediction on the future of this sector in China. Large BTC mining operations have been forced out of the country, as the Asian Giant crackdowns on the industry. дальше »
2021-7-6 20:44 | |
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Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors
Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate. дальше »
2021-7-6 19:00 | |
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India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. дальше »
2021-7-6 16:30 | |
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. дальше »
2021-7-6 14:30 | |
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Philippine Stock Exchange Intends To Become First Crypto Exchange Once Regulators Give Green Light
The Philippine Stock Exchange (PSE) plans to launch a cryptocurrency exchange once it receives a green light from the country’s financial regulator allowing cryptocurrency trading. According to the PSE, the growing demand for crypto-assets like Bitcoin and Ethereum has made it impossible for the exchange to turn a blind eye to the emerging digital assets […] дальше »
2021-7-6 17:51 | |
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The US just got its first legally recognized DAO
According to the announcement published yesterday, July 4th, the US state of Wyoming has just approved the first legally recognized DAO (Decentralized Autonomous Organization) in the country. A newly-formed DAO gets officially recognized in Wyoming The US state of Wyoming has been the crypto-friendliest state for quite some time now. дальше »
2021-7-6 15:27 | |
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Vietnam set to pursue a blockchain-based cryptocurrency project
The Southeast Asian country is looking to become the latest country to adopt a… The post Vietnam set to pursue a blockchain-based cryptocurrency project appeared first on Coin Journal. дальше »
2021-7-6 14:36 | |
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Vietnam: Prime Minister Instructs Central Bank to Pilot Crypto Implementation
Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlightedRead More дальше »
2021-7-5 13:00 | |
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Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. дальше »
2021-7-5 11:30 | |
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Report Shows United States At The Top Spot Among Crypto Ready Countries
Crypto Head recently published a report placing the United States on top of its list of “Crypto ready” countries. One indication that the country is ready to adopt cryptocurrencies is the whopping number of Bitcoin ATMs presently operating in the U. дальше »
2021-7-5 10:49 | |
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Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time the benchmark rate has been increased since November 2017. Rising Inflation […] дальше »
2021-7-5 01:30 | |
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New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market. дальше »
2021-7-4 19:30 | |
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South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. дальше »
2021-7-4 17:30 | |
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US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U. S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U. S. has urged El Salvador to be responsible with the country’s new bitcoin law. дальше »
2021-7-3 03:30 | |
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This Country Just Lost Its Only Chance At Becoming The World’s Largest Bitcoin Producer
A prominent Bitcoin proponent has taken to Twitter to point out that China, with its crackdown on Bitcoin miners in the country, has lost its chance to become the highest producer of Bitcoin. Bitcoin proponent, Mark Moss, has likened China’s actions of shutting down Bitcoin mining and kicking miners out of the country to the […] дальше »
2021-7-3 21:32 | |
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Iran To Ban The Use Of Crypto In Payment Transactions
In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country. дальше »
2021-7-3 21:21 | |
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Huobi imposes 24 hr crypto withdrawal delay to dampen speculation
The exchange's decision aligns squarely with Beijing's ongoing and multi-pronged crackdown on the country's cryptocurrency investors in its attempt to prevent both capital outflows and volatility in the crypto sector. дальше »
2021-7-3 12:44 | |
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US Rep Warren Davidson Labels China’s DCEP A “Creepy Surveillance Tool”
Ohio’s State Representative Warren Davidson has said that in order to protect the US citizen’s rights and constitutional freedom, the country shouldn’t emulate China on matters concerning digital currencies but instead adopt decentralized digital ledger technology. дальше »
2021-7-2 23:30 | |
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Kazakhstan Announces New Electricity Surcharges For Crypto Miners
A local news outlet is reporting that Kazakhstan’s President has signed a law that would force cryptocurrency miners to pay additional fees to operate in the country. The post Kazakhstan Announces New Electricity Surcharges For Crypto Miners appeared first on BeInCrypto. дальше »
2021-7-2 21:45 | |
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Study names United States ‘most crypto-ready’ country
Cryptocurrencies like Bitcoin and Ether are considered to be commodities by the United States Commodity Futures Trading Commission and the Securities and Exchange Commission. дальше »
2021-7-2 20:05 | |
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Nigerian Currency Overvalued by 10% Says Central Bank Governor
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira again. дальше »
2021-7-1 14:30 | |
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Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. дальше »
2021-7-1 08:30 | |
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Indian Investors Are Toppling Their Counterparts And Spearheading Crypto Adoption In Asia
Indians are favoring investing in cryptocurrencies as data has shown that crypto investments in the country have surged significantly in the past year. According to our recent report, data from Chainalysis has shown that crypto investments in India have grown approximately 900%. дальше »
2021-7-1 23:54 | |
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“More Rigid Policies Are Yet To Come,” Says Chinese Media While Beijing Subway Runs e-CNY Test
The Chinese media group Caixin Global published an editorial this week with the title, “It’s Time to Declare War on Cryptocurrency.” The editorial talks about how no other country than China has been more determined to “put an end to speculative trading of digital currencies” as the People’s Bank of China (PBOC) instructed several financial […] The post “More Rigid Policies Are Yet To Come,” Says Chinese Media While Beijing Subway Runs e-CNY Test first appeared on BitcoinExchangeGuide. дальше »
2021-6-30 16:38 | |
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Indians Hold $40 Billion in Cryptocurrency, Report Suggests
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. дальше »
2021-6-30 00:30 | |
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El Salvador’s President Slammed For “Tricking” 7 Million Citizens With A $30 Bitcoin Airdrop
The adoption of Bitcoin as a legal tender in El Salvador has been accelerating at a commendable speed. In fact, despite criticism and concerns from many onlookers, things have been working in favor of the country’s decision to make Bitcoin its official currency. дальше »
2021-6-30 22:20 | |
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Coinbase Becomes First Company To Secure Crypto Custody License In Germany
Germany's Federal Financial Supervisory Authority, also known as BaFin, has given crypto exchange Coinbase the license to run its crypto custody business in the country. This makes Coinbase the first company authorized to provide crypto custody services in Germany according to the updated regulations. дальше »
2021-6-29 20:32 | |
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Mexico Reiterates its Crypto Warning, says Financial Institutions Are Not Authorized to Deal with Virtual Assets
This warning came after Mexico billionaire Ricardo Salinas Pliego endorsed Bitcoin, saying his banking business Banco Azteca may begin using BTC and become the first bank in the country to start accepting the cryptocurrency. дальше »
2021-6-29 16:17 | |
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El Salvador’s Chivo Bitcoin Wallet Not Compulsory for Residents
El Salvador’s President Nayib Bukele took to Twitter on July 28, 2021, to make it clear that Salvadorans will not be compelled to use the country’s “Chivo” Bitcoin wallet. This might be to ensure that users are able to use their crypto any way they want, including participating in crypto casinos such as casino onlineRead More дальше »
2021-6-29 16:00 | |
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Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of […] дальше »
2021-6-29 07:30 | |
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No, Paraguay is NOT legalizing Bitcoin, Congressman confirms
A Paraguay official changed course on what was an unprecedented development in crypto circles: That of the Latin American country legalizing Bitcoin as legal tender on the back of a similar move in nearby El Salvador. дальше »
2021-6-29 07:00 | |
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Bitcoin and China: Why this move cannot be 'underestimated'
China’s crackdown on cryptocurrency mining operations in the country was widely discussed in the last couple of months. Several conversations around this development are emerging, be it in the mediaThe post Bitcoin and China: Why this move cannot be 'underestimated' appeared first on AMBCrypto. дальше »
2021-6-29 06:00 | |
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