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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »

2021-6-1 05:00


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U.S Congressman Slams Elon Musk, Says The Billionaire’s Support For Dogecoin Is Ingenuine

Elon Musk has been receiving a truckload of criticism from market players ever since he put out his comments about Bitcoin’s energy usage, which he considers intensive and unsustainable. The billionaire reckons that until the energy consumption level of the asset reduces, his EV car company Tesla will stop accepting payments in Bitcoin. Congressman pokes […] дальше »

2021-6-1 13:00


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Religious Ban on Cryptocurrencies Provokes Social Media Reproach in Ingushetia

A decision by a prominent religious body in Ingushetia to prohibit dealings with cryptocurrency has sparked controversy in the predominantly Muslim Russian republic. Critics have taken to social media to express their disagreements with the ban, pointing out that the treatment of bitcoin in Islamic jurisdictions is not one-sided. дальше »

2021-5-29 08:30


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Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’

Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or the transaction means. дальше »

2021-5-28 03:35


SEC Gary Gensler: There Are Many Gaps in Investor Protections in the Crypto Market, Including DeFI

Gensler Calls Out Crypto In written testimony before the Subcommittee on Financial Services, newly appointed SEC Chair Gary Gensler touched on several issues bothering the regulatory agency. Zooming in on critical areas like fintech and private funds, Gensler lent his voice to the much-talked-about cryptocurrency market. дальше »

2021-5-27 19:46


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BoK says leveraged crypto trading poses a threat to the banking system

The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday. дальше »

2021-5-28 18:31


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Iran Government Blames Bitcoin Miners For Power Outages, Bans Crypto Mining For 4 Months

Bitcoin miners have been on the hot seat this year. The market recently reacted to the Chinese government cracking down on mining activities with investors rolling out cash from the Bitcoin market. The unrest seems to be far from over as the Iranian government has also clamped down on cryptocurrency activities in the country. According […] дальше »

2021-5-27 20:46


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Bitcoin (BTC) miners in China are about to face hasher crackdowns

China is making its sanctions on Bitcoin miners even tougher after its Inner Mongolia regional government set out more stringent punishment for violators. On Tuesday, the Inner Mongolia, National Development and Reformation Commission (NDRC) issued a proposal, outlining 8 areas that are perceived as illegal for crypto mining activities. дальше »

2021-5-26 11:15


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Crypto Miners In China Selling Their Bitcoin & Mining Machines After Government’s Action Sparks Fear

Chinese Bitcoin miners don’t appear keen on waiting around to find out what their fates will be in the wake of the government’s announcement over an inbound crackdown. In a joint statement published last week, the Chinese Premier and State Council voiced an intent to clamp down on Bitcoin mining in the country, causing the […] дальше »

2021-5-26 18:19


Market Review: Bitcoin, Ethereum markets bounce after a record plunge last week

The cryptocurrency market shows a steady rise after the big sell-off last week after many indicators turned bearish, but are we out of the rough patch yet? Last week, after the price closed below the 20MA (a popular indicator used by traders to assess the price momentum), there was a huge sell-off which saw Bitcoin […] The post Market Review: Bitcoin, Ethereum markets bounce after a record plunge last week appeared first on CryptoSlate. дальше »

2021-5-25 04:00