Forex Shortages Force Nigerian Corporates to Turn to Parallel Market

Nigeria’s ongoing shortage of foreign exchange is forcing corporates and businesses to source this resource on the parallel market, a former official with the Lagos Chamber of Commerce and Industry (LCCI) has said. дальше »

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Why Capital International’s $600M Investment In MicroStrategy Matters To Bitcoin

Capital International’s strategic investment in one of the most talked-about companies of the year shouldn’t raise any eyebrows. However, when said company is pursuing a never-before-seen strategy using a highly experimental digital asset, the world watches. дальше »

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Vietnamese Government Planning to Conduct CBDC Pilot

Vietnam has become the latest country to explore central bank digital currency (CBDC), although the government has said that a sovereign digital currency would not replace the country’s fiat.  Vietnam’s Proposed Digital Currency not a Cash Replacement According to Nikkei Asia on Monday (July 12, 2021), the decision by the Vietnamese government to explore theRead More дальше »

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First CBDC Coming To Africa As Ghana Plans to Launch Pilot in September

The Bank of Ghana (BoG) will launch its central bank digital currency project’s pilot in September, according to the Bank’s First deputy governor, Maxwell Opuku-Afari. Modern Ghana, a local news outlet, reported that the deputy governor said the project is currently in its last phase of development, and implementation is expected to start in two […] дальше »

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A Surge in Crypto Prices Reflects An “Increased Risk Appetite,” says Fed in its Monetary Policy Report

For the first time, the Federal Reserve has singled out the surge in cryptocurrency asset prices in its overall assessment of the stability of the financial system. In the brief comment revealed in the Fed’s semi-annual Monetary Policy Report to Congress released on Friday, the central bank said the rise reflected increased risk-taking by investors. дальше »

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80 Central Banks Looking at Digital Currencies Says Lagarde

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Stock-to-Flow Bitcoin Price Model Criticized as BTC Price Ratio Matches 2019 Statistics

During the last week, crypto enthusiasts and traders have been discussing the stock-to-flow (S2F) bitcoin price model created by the pseudonymous crypto analyst “Plan B.” Despite Plan B’s worst and best case scenario calls on June 20, a touch over a week later the analyst said the “next 6 months will be make or break […] дальше »

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India May Discuss Crypto Bill In Coming Parliament Session

India is finally getting closer to having its first set of rules and regulations for the crypto industry. In an interview with a media outlet last week, Indian Finance Minister Nirmala Sitharaman has said that her ministry is ready with a proposal and it would be placed before the Cabinet for discussion. “We have done […] дальше »

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Man Who Accidentally Threw Away 7,500 Bitcoins on Hard Drive Has New Plan to Retrieve His BTC

The British man who accidentally threw away a computer with 7,500 bitcoins on its hard drive has come up with a new plan to retrieve his lost coins from the city landfill. “We estimate there are between 300,000 – 400,000 tons of waste to look through,” he said. Man on Mission to Retrieve 7,500 Lost […] дальше »

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Paraguayan Lawmaker to Introduce Bitcoin Legislation Bill Next Week

After El Salvador, Paraguay could be the next nation to adopt the bitcoin standard. Bitcoin Regulation Legislation to Be Introduced In a tweet shared today, Paraguayan lawmaker Carlitos Rejala said he was working with Senator Fernando Silva Facetti to introduce legislation focused on bitcoin (BTC) regulation in the country. I am here to unite ParaguayRead More дальше »

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ETN-Network’s Chris Harrison: blockchain upgrade is under intense testing phase to ensure it is 100% secure and operational

Chris Harrison, the ETN-Network Head of Blockchain, said he is delighted to announce that his team is currently in full testing mode. That process ensures... дальше »

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Apple Cofounder Steve Wozniak Says Bitcoin Is a ‘Mathematical Miracle’

Presenting at the Talent Land Jalisco 2021, Apple cofounder Steve Wozniak called bitcoin an “amazing mathematical miracle. ” Wozniak said he’s not a bitcoin investor per se, but “believes in it for the future. дальше »

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Sotheby’s Sells Rare Diamond for $12.3M in Crypto

The auction house said "a milestone was reached in the adoption of cryptocurrencies." дальше »

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Blockchain technology could be particularly beneficial for women, says WTO director general

The former foreign and finance minister of Nigeria said the G20 should be looking into blockchain solutions to close the gender gap. дальше »

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Elon Musk Slams Bitcoin’s Underlying Technology

Once again, Elon Musk is singing the praises of the cryptocurrency Dogecoin, which seems to still be his digital currency of choice. The longtime crypto advocate, who earlier this year said that he would take a salary in Bitcoin, has recently turned into one of the cryptocurrency’s most prominent critics. Most recently, he […] дальше »

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Mike Novogratz: China’s War On Crypto Is Helping The US Crypto Community

Galaxy Digital CEO Mike Novogratz has shared some geopolitical insights on crypto as Bitcoin (BTC) has continued to trade sideways after plunging below $33,000 on Thursday. US Crypto Community Winning Over Asia Novogratz said in an interview with CNBC’s Squawk Box that Bitcoin’s price is now consolidating between $30,000 and $35,000, implying that the US […] дальше »

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Pandemic has accelerated the rollout of CBDCs by 5 years, says blockchain firm

"There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years," said Guardtime. дальше »

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Brave (BAT) Taps 0x API to Build DEX Aggregator Brave Swap

Leading privacy-preserving web browser Brave (BAT) has partnered with 0x to tap the latter’s 0x API to make DeFi accessible to everyone. Making DeFi and Crypto Easier to Access In an announcement made today, the 0x team said its famed 0x API is now officially powering the Brave browser-based decentralized exchange (DEX) aggregator called BraveRead More дальше »

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Jack Dorsey’s Square Starts Building ‘Mainstream Self-Custody’ Bitcoin Hardware Wallet Integrating with Smartphones

“We’re doing it,” said Twitter CEO and co-founder Jack Dorsey, adding to his last months’ Twitter thread where he talked about his payment company Square considering making a hardware wallet for bitcoin. дальше »

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Santander UK Joins Other Banks to Block Payments to Binance Due to FCA Warning & to Keep its Customers ‘Safe’

The British unit of the Spanish banking giant also said that they have seen “a large increase in UK customers becoming the victims of cryptocurrency fraud.” The post Santander UK Joins Other Banks to Block Payments to Binance Due to FCA Warning & to Keep its Customers ‘Safe’ first appeared on BitcoinExchangeGuide. дальше »

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NFTs Record Over $2.5 Billion In Sales In First Half Of 2021

Imagine banking $2. 9M for just a tweet. That’s right, Twitter’s founder Jack Dorsey’s first-ever tweet published on March 21, 2006, which said “just setting up my twttr” was sold in an auction on March 21, 2021, to a Malaysia-based businessman for $2. дальше »

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Visa and 50 Crypto Platforms to Enable Cryptocurrency Payments at 70 Million Merchants

Visa Inc. announced Wednesday that the transactions via crypto-linked Visa cards exceeded $1 billion in the first quarter. The company further said that it is partnering with 50 major cryptocurrency platforms “to launch card programs that make it easy to convert and spend digital currency at 70 million merchants worldwide.” Visa Announces $1 Billion in […] дальше »

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Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface

“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm. дальше »

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Santander's UK arm follows Barclays in banning payments to Binance

The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange.

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Visa Customers Spent Over $1 Bln on its Crypto-linked Cards in First Half of the Year

Payments giant Visa said that its customers spent more than $1 billion on its crypto-linked cards in the first half of the year, just as the payment processor has been making moves to make crypto transactions smoother. дальше »

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Thailand's central bank warns against using digital currencies for payments

The BOT said it may be forced to coordinate with the Securities and Exchange Commission to ensure crypto payments do not pose "extensive risks to the general public or the economic and financial system." дальше »

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Publicly-listed company loses $17 million on Bitcoin. Makes $14 million on Ethereum instead

Meitu, a software tech company based in Hong Kong, has said that it recorded a loss of $17. 3 million on its Bitcoin portfolios, while in contrast, it recorded a $14. 7 million gain on its Ethereum investment. дальше »

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Visa Wants To Create An Ecosystem To Make Crypto More Accessible Like Other Currencies

Global payments juggernaut Visa is doubling down on crypto. In a conversation with CNBC on July 7, Visa chief financial officer Vasant Prabhu said the company has grand plans for digital currencies. дальше »

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Fiat-to-crypto onramp Simplex integrates SEPA Instant for European partners

“We're delighted to add SEPA Instant to our growing portfolio of payment methods, giving our partners' users the power to make instant wire transfers of up to €100,000, 24/7," said Simplex CEO Nimrod Lehavi. дальше »

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Poland financial regulator issues public warning about Binance

The cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said. дальше »

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Russia Drafting Law on Confiscation of Crypto Assets

Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. дальше »

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India’s Finance Minister says crypto bill is ready for the Cabinet

India is one step closer to establishing regulations to govern the crypto sector after Nirmala Sitharaman, the country’s Finance Minister, said the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 is ready. дальше »

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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 »

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Binance Temporarily Suspends Euro Bank Deposits from SEPA Due to “Events Beyond Control”

Leading cryptocurrency exchange Binance is “temporarily” suspending euro bank deposits from one of Europe’s key payments networks, said the exchange in an email to its users. According to an email sent, Binance customers would no longer be able to deposit funds through the Single Euro Payments Area, or SEPA, schemes with effect from 8 am […] The post Binance Temporarily Suspends Euro Bank Deposits from SEPA Due to “Events Beyond Control” first appeared on BitcoinExchangeGuide. дальше »

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‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny

The crypto industry has massively evolved since Binance’s launch four years ago, but it still needs more regulatory certainty, Binance’s CEO said. дальше »

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High-End Hotels Group Pavilions to Accept Payments in Bitcoin (BTC), Ether (ETH), Other Cryptos

High-end hotels group – The Pavilions Hotels & Resorts – recently announced it would begin accepting cryptocurrencies for booking accommodations. Support for More than 40 Cryptocurrencies In a press release issued on July 6, London-based luxury hotel group Pavilions said it had enhanced its guest experiences by becoming the first international boutique hotel group toRead More дальше »

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Bitcoin ETF applicants accuse the SEC of foul play

Last month, the Securities and Exchange Commission (SEC) delayed yet another Bitcoin ETF application, this time from Cboe Global Markets Inc The U. S regulator said it would seek more public consultation on the matter before making a decision. дальше »

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NEFTiPEDiA (NFT Marketplace of the Future) Announces Initial Coin Offering for Governance Token $NFT

BALI, June 28th, 2021 – NEFTiPEDiA, a decentralized community-driven NFT marketplace, today announced it’s making the platform’s native token (NFT) available for public sale. Regarding the initial coin offering (ICO) date and instructions on how to buy, CEO and Co-founder Natalia Saputra said: “As of right now, investors can buy NEFtiPEDiA tokens (NFT)  through the […] дальше »

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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 »

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Solrise raises $3.4M to make the DeFi ecosystem ‘more accessible to wider investor audiences’

Solrise Finance, a company dedicated to helping investors with minimal experience and small amounts of capital participate in the decentralized finance space, said in a Tuesday press release obtained by Invezz it raised $3. дальше »

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Tensions mount as soft deadline for Cardano smart contracts approaches

Almost a year ago, Alex Saunders of Nugget’s News said Cardano would not have smart contracts ready by this time next year. The post Tensions mount as soft deadline for Cardano smart contracts approaches appeared first on CryptoSlate. дальше »

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Philippine Stock Exchange (PSE) Wants to Facilitate Bitcoin Trading As Soon As Regulation Opens Up

National exchange of the Philippines The Philippine Stock Exchange (PSE) plans to enable crypto trading on its platform. To do this, the exchange needs approval from regulators. PSE Best For Crypto Trades Speaking to CNN Philippines, PSE CEO and President Ramon Monzon said that the exchange would be a suitable platform for crypto trading due […] The post Philippine Stock Exchange (PSE) Wants to Facilitate Bitcoin Trading As Soon As Regulation Opens Up first appeared on BitcoinExchangeGuide. дальше »

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WiV Technology raises $1.5M in a token sale to revolutionize the wine industry

WiV Technology, a blockchain-based unique asset trading platform, is drawing increasing attention to non-fungible tokens (NFTs) in DeFi and the wine industry. On Monday, WiV said it raised $1. 5 million via the sale of its $WIVA tokens. дальше »

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Huge Ransomware Attack Hits Hundreds Of U.S. Companies, Hacker Group REvil Wants $70M In Bitcoin

REvil, a ransomware group, is said to have infected over 1 million computers with malware through a network-management package provided by a global remote software supplier known as Kaseya. The group is now demanding $70 million in Bitcoin from 200 US firms as ransom to unlock infected machines. дальше »

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Enthusiasts Dare Elon Musk To Prove Bitcoin Is Bad For Environment Following Gas Pipeline Blaze In Gulf Of Mexico

A fire erupted on the surface of the Gulf of Mexico on Friday after a gas leak from an undersea pipeline, reports said. Videos of bright orange flames spewing out of the ocean like an apocalyptic movie attracted the attention of the online community, with clips of three boats spraying jets of water on the […] дальше »

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Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term." дальше »

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Bitcoin Cash ABC Rebrands To eCash, Introduces Avalanche Consensus Layer

Bitcoin ABC (BCHA) has announced that it would be rebranding and officially changing its name to a new project dubbed eCash. The BCHA token will now be renamed XEC. New eCash To Use PoS Consensus Algorithm The project said it would be using the latest proof-of-stake consensus layer, “Avalanche,” which would introduce concepts like staking, […] The post Bitcoin Cash ABC Rebrands To eCash, Introduces Avalanche Consensus Layer first appeared on BitcoinExchangeGuide. дальше »

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US Senator’s Advice: Buy, Hold, Save Bitcoin for Retirement as Congress Floods Economy With Trillions of Dollars

U.S. Senator Cynthia Lummis has encouraged “people to buy and hold” bitcoin in their portfolios. “I encourage them to save bitcoin for their retirement, for their future,” she said, adding that with Congress flooding the economy with trillions and trillions of dollars, “there’s no way” the value of the U.S. dollar will not be debased. […] дальше »

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Still On The Hot Seat: Binance Faces Increased Regulatory Scrutiny Worldwide

The Cayman Islands Monetary Authority (CIMA) has said that Binance and its affiliated companies are not authorized to operate or offer cryptocurrency exchange services from or within its territories. дальше »

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US state dept urges El Salvador to be 'responsible' about Bitcoin adoption

Victoria Nuland said the United States was taking a "tough look at Bitcoin" following a major ransomware attack and suggested El Salvador take a similar approach. дальше »

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