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CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec
“CBDC would be part of an effort to address the use of crypto in financial transactions,” Bank of Indonesia’s assistant governor Juda Agung said. дальше »
2021-11-30 14:53 | |
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‘Bitcoin Not a Store of Value — it Has No Value to Store,’ Argues Peter Schiff
Peter Schiff said on Nov 29 that bitcoin (BTC) fails as both money and a store of value because it lacked utility and intrinsic value. The post ‘Bitcoin Not a Store of Value — it Has No Value to Store,’ Argues Peter Schiff appeared first on BeInCrypto. дальше »
2021-11-30 13:03 | |
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CZ hints that France is in the running as the new Binance global headquarters
Binance boss Changpeng Zhao (CZ) said France stands out as a “natural choice” to locate a regional or even global headquarters. The post CZ hints that France is in the running as the new Binance global headquarters appeared first on CryptoSlate. дальше »
2021-11-30 03:00 | |
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Charity platform expects significantly larger crypto than fiat donations for Giving Tuesday
“Cryptocurrency may be tricky to understand, but the value of a major crypto donation converted into cash is not," said Engiven founder James Lawrence. дальше »
2021-11-30 23:00 | |
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Indian Finance Minister says No Plan to Recognize Bitcoin as a Currency, Meanwhile Indians Want Crypto Taxed but Not Legalized
India does not plan to recognize Bitcoin as a currency, said Finance Minister Nirmala Sitharaman on Monday, in response to a question in the Lok Sabha, as per the local report. When asked whether the government has a proposal to recognize the leading cryptocurrency as a currency in the country, Sitharaman gave a “No. дальше »
2021-11-29 21:18 | |
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Jack Dorsey has stepped down as Twitter CEO
The twice-serving CEO said his departure was due to the company being “ready to move on from its founders.” Dorsey has not announced any future plans. дальше »
2021-11-30 18:12 | |
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Tim Cook silences rumours about enabling crypto
Apple CEO Tim Cook said the tech giant had no immediate plans to accept cryptocurrency, thereby putting an end to rumours about potentially enabling cryptos into products like Apple Pay and Apple Card, Coin Rivet reported. дальше »
2021-11-29 15:08 | |
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Crypto Exchanges Subject to 2% Tax in UK Through Digital Services Law
In the United Kingdom, the Her Majesty's Revenue and Customs (HMRC) has said that crypto platforms will be subject to a 2% tax. The post Crypto Exchanges Subject to 2% Tax in UK Through Digital Services Law appeared first on BeInCrypto. дальше »
2021-11-29 12:15 | |
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India: What the crypto-bill might mean for investors' annual buying quota
Several independent bodies, including IndiaTech, have made suggestions for the upcoming crypto bill to be introduced in the Indian Parliament. As the Winter Session commenced today, IndiaTech said thaThe post India: What the crypto-bill might mean for investors' annual buying quota appeared first on AMBCrypto. дальше »
2021-11-29 10:30 | |
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MyTona is first Russian company to dive into the Metaverse
MyTona has become the first company in Russia to announce its plans in the Metaverse sector. The Yakutsk-based game developer said in a release that the "Mytonaverse" metaverse will go live in mid-DecThe post MyTona is first Russian company to dive into the Metaverse appeared first on AMBCrypto. дальше »
2021-11-27 00:30 | |
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ELON can spring back into action in the next few days, provided this happens
ELON and its astronomical surges have always managed to astonish people from the crypto-space. For instance, the said coin quite recently registered a massive 1200% pump, consolidated for a couple of The post ELON can spring back into action in the next few days, provided this happens appeared first on AMBCrypto. дальше »
2021-11-27 00:00 | |
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Kevin O’Leary says he is not interested in being a crypto cowboy
Shark Tank star and Canadian businessman Kevin O’Leary prefers consulting with regulators before investing in crypto. The celebrity investor said this during an interview on November 23, adding that he is not interested in being a crypto cowboy. дальше »
2021-11-27 15:41 | |
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Tether Bends to Lawmakers Around the World on Stablecoin Concerns
Tether said over Twitter that the firm would work to cooperate with authorities to address stablecoin concerns and investor protection. The post Tether Bends to Lawmakers Around the World on Stablecoin Concerns appeared first on BeInCrypto. дальше »
2021-11-26 09:13 | |
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Australian Tax Office says it can’t rely on crypto users’ own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. дальше »
2021-11-27 03:49 | |
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UK Law Commission affirms English and Welsh laws apply to smart contracts
“The Law Commission’s analysis demonstrates the flexibility of the common law to accommodate technological developments, particularly in the context of smart legal contracts,” said the announcement. дальше »
2021-11-27 21:15 | |
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Hillary Clinton Urges Governments to Set Stronger Regulations for Cryptocurrency Market
The former United States Secretary of State Hillary Clinton has called on governments to regulate cryptocurrency. She said that the crypto market faces technological manipulation from China, Russia, and other nations. дальше »
2021-11-25 20:00 | |
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MADworld: A Unique NFT Platform that bridges the real world to NFTs and beyond
The NFT market is not slowing down anytime soon. The same can be said about metaverse plays. People are starting to pay close attention to this fast-evolving, newly emerged asset class in non-fungible tokens (NFTs). дальше »
2021-11-26 19:15 | |
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Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running
As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a […] The post Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running appeared first on CryptoSlate. дальше »
2021-11-25 14:01 | |
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eToro cites regulatory concerns as it plans to delist Cardano and Tron for U.S users
Social trading exchange eToro said it would delist Cardano (ADA) and Tron (TRX) for U.S users. The post eToro cites regulatory concerns as it plans to delist Cardano and Tron for U.S users appeared first on CryptoSlate. дальше »
2021-11-25 08:00 | |
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CBDC Is A “Better” Alternative to Stablecoins, Which Are Unlikely to be Regulated Money, says BoE Governor
Andrew Bailey, the Governor of Bank of England, yet again shared his criticism of stablecoins as he said that he did not believe that stablecoins are likely to evolve into safe, regulated money, which means central bank digital currencies (CBDCs) will more likely be the future for electronic payments. дальше »
2021-11-25 17:57 | |
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Major US Banking Regulators Finish “Policy Print” and Release 2022 Crypto Roadmap
Top US banking regulator said on Tuesday that banks must seek and obtain written permission from their bank supervisors before engaging in cryptocurrencies. The Office of the Comptroller of the Currency said that before taking on activities like providing custody services for crypto assets, banks must demonstrate they have appropriate risk management tools. дальше »
2021-11-25 16:49 | |
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Stripe co-founder says the company is content with being private
John Collison, the co-founder of leading online payments company Stripe, claims the firm is satisfied with being private for the moment. Collison said this during an interview on November 23, adding that the company’s satisfaction with its current status stems from the fact that it is in the initial stages of its journey. дальше »
2021-11-25 16:16 | |
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Fidelity received $270 million in Bitcoin, Ethereum donations this year
Fidelity Charitable, the largest grantmaker in the US under the Fidelity Investments banner, has reportedly accepted approximately $270 million via crypto donations since the beginning of 2021, it said in a release. дальше »
2021-11-25 14:00 | |
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South Korea Financial Services Commission Says NFTs Are Taxable
According to the FSC’s vice chairman’s speech in the National Assembly on Nov. 22, 2021, South Korea will tax select NFTs. The FSC’s VC said that the tax plan would begin on Jan. 1, 2022. The move is somewhat controversial, as it seems to be a turnaround from the Financial Minister’s stance on the ‘safety’Read More дальше »
2021-11-24 00:00 | |
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Hoskinson announces a new system to tackle both security & privacy concerns
Cardano is an amazing blockchain technology that is the face of a secure and sustainable blockchain with ground-breaking use cases. That said, keeping in find the fast pace of this industry, Cardano'sThe post Hoskinson announces a new system to tackle both security & privacy concerns appeared first on AMBCrypto. дальше »
2021-11-23 04:30 | |
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Australia’s $2.4 Trillion Pension Fund Industry Calls Crypto “Untested” and “Uninvestable”
Australia’s corporate watchdog ASIC Chair meanwhile is working with lawmakers to develop rules for crypto, which he said is “driven by extraordinary consumer and investor demand. ” The post Australia’s . дальше »
2021-11-22 18:09 | |
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Crypto Could ‘Erode Tax Base’ Fears Russian Tax Service
The head of Russia’s Federal Tax Service Daniil Egorov said crypto and privacy-focused digital assets could erode the tax base. The post Crypto Could ‘Erode Tax Base’ Fears Russian Tax Service appeared first on BeInCrypto. дальше »
2021-11-22 15:19 | |
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Australia: Senator Hume Says “DeFi is not a fad”, Asks Government to Acknowledge the Emerging Landscape
Australian Senator Jane Hume is the latest to praise the merits of decentralized finance (DeFi). Senator Hume Sees Huge Potential in DeFi Speaking at the Australian Financial Review Super and Wealth Summit in Sydney on November 22, Senator Hume said that DeFi “presents huge opportunities” for Australia to cement itself as a “front-runner for innovationRead More дальше »
2021-11-22 11:00 | |
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The IRS Is Looking To Seize Billions Of Dollars Worth Of Cryptocurrency In 2022
Cryptocurrencies were this year a major method of avoiding taxation in the United States according to an annual report published by the Internal Revenue Service. The IRS said it has confiscated $3.5 billion worth of cryptocurrencies linked to tax fraud, and the amount makes up 93% of all assets confiscated this year so far. “I […] дальше »
2021-11-21 19:43 | |
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Meta Cryptos Surge off the Back of Facebook’s Name Change to “Meta”
Much has been said recently about Facebook’s decision to rebrand to Meta, with both arguments for and against but what is without question is the overwhelming effect it has had on the metaverse cryptocurrency market. дальше »
2021-11-20 21:53 | |
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Crypto Has The Potential For Undermining the US Dollar And Destabilizing Nations, Says Hillary Clinton
Hillary Clinton says cryptocurrencies have the power to weaken fiat currencies and eventually entire countries. During a panel discussion at the Bloomberg New Economy Forum on Friday in Singapore, the former Democratic presidential candidate said the governments around the world are facing new challenges in terms of artificial intelligence, disinformation, and crypto. дальше »
2021-11-20 20:33 | |
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Time magazine to hold Ethereum (ETH) on its balance sheet
Time Magazine will hold Ethereum on its balance sheet following a deal with crypto finance company Galaxy Digital, representatives said Thursday. The partnership has been financed exclusively through Ethereum, which is the second-largest cryptocurrency after Bitcoin. дальше »
2021-11-19 18:15 | |
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Why Marathon Is Comfortable With Bitcoin Plunging, Says BEP Is $6,500
Marathon Digital Holdings’ (MARA) Fred Thiel said that Bitcoin price would need to drop 80% for the coin to stop being profitable for the company thus entering a challenging situation. Marathon is not worried about the past week’s dip. дальше »
2021-11-19 02:59 | |
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The Fed Has ‘Lost Control of Inflation’ Says Stifel’s Chief Economist
The chief economist of investment bank Stifel has said that the Fed has ‘lost control of inflation,’ in a conversation which alluded to the 1970s - referred to as the decade of inflation. The post The Fed Has ‘Lost Control of Inflation’ Says Stifel’s Chief Economist appeared first on BeInCrypto. дальше »
2021-11-19 19:40 | |
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Nexo Set To Boost Token Value With $100 Million Repurchase Efforts
Crypto-focused lending platform Nexo is looking to boost its token value. In a tweet, Nexo said it would be launching a second set of its hugely popular buyback programs starting November 15. Nexo’s Second Repurchase Efforts According to a blog post, the new buyback program will be worth $100 million – a far cry from […] The post Nexo Set To Boost Token Value With 0 Million Repurchase Efforts first appeared on BitcoinExchangeGuide. дальше »
2021-11-17 23:27 | |
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Like Silver Is Poor Man’s Gold, Gold Is Becoming The Poor Man’s Crypto, Says Goldman Sachs
Goldman Sachs’ exec believes that gold is fast losing its top position as the best asset against inflation. He said cryptocurrencies like Bitcoin are taking away the shine from the asset. Inflation in the US has reached frenetic levels after the inflation report was released last week. дальше »
2021-11-17 20:37 | |
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