India misinterpreted private crypto ban, says crypto bill creator

Former finance secretary of India Subhash Garg clarified that “it is misleading to say that private cryptocurrencies will be banned.” дальше »

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UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax

HM Revenue and Customs (HMRC) says cryptocurrencies do not qualify as money or commodities and are not exempt from the digital services tax. The tax office has also informed online crypto exchanges that they are subject to the tax, according to a report from The Telegraph, which says it is designed to ensure tech firms […] The post UK’s HMRC says Cryptocurrencies Not Exempt from Digital Services Tax first appeared on BitcoinExchangeGuide. дальше »

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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 »

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No Proposal to Recognize Bitcoin as Currency, Says Indian Finance Minister

The Lok Sabha, the lower house of India's bicameral Parliament, will debate and deliberate the cryptocurrency bill before the upper house of Parliament reviews it, after which it will be sent to the president to be signed into law. дальше »

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Voyager Digital CEO Stephen Ehrlich: Crypto sell-off was a ‘knee-jerk reaction’

Ehrlich says despite the latest crypto sell-off, some solid crypto assets are long term… The post Voyager Digital CEO Stephen Ehrlich: Crypto sell-off was a ‘knee-jerk reaction’ appeared first on Coin Journal. дальше »

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Breaking | India: 'No proposal to recognize Bitcoin as a currency,' says FM

The winter session of the Indian Parliament commenced today and as expected, cryptocurrencies are also on the agenda. Out of the 26 draft legislations to be tabled, the crypto-bill is one of them, witThe post Breaking | India: 'No proposal to recognize Bitcoin as a currency,' says FM appeared first on AMBCrypto. дальше »

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The Hottest Chart in Crypto?

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Bitcoin Adoption: El Salvador’s Ambassador To The US Says America Is Only Concerned About Losing Its Power

El Salvador’s ambassador to the US has stated that America and international organizations are not happy with the country’s decision to adopt Bitcoin as legal tender. The ambassador highlighted the successes of the Bitcoin operation and remains bullish for the future. дальше »

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Stephen Ehrlich says the sell-off in crypto is a knee-jerk reaction

Voyager Digital founder and CEO Stephen Ehrlich believes the crypto market’s slump is a knee-jerk reaction to what is going on in the market. He shared his sentiments on the market’s performance during an interview on November 6, noting that the current sell-off is a short-term move. дальше »

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Spot Bitcoin ETF Approval Is On The Horizon, Says Gemini’s Exec With Compelling Reasons

Pundits are bullish that a pure-play Bitcoin ETF is just around the corner as it signifies the next big step for the SEC. Investors have clamored for a spot Bitcoin ETF even after the approval of futures Bitcoin ETFs. дальше »

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'This is a buying opportunity,' says SkyBridge CEO, Scaramucci post massive sell-off

The financial markets worldwide suffered a brutal sell-off on 26 November. Investors scrambled to shelter themselves from economic hardships that could be brought back by lockdowns and travel bans. дальше »

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El Salvador Bitcoin City: ‘Absurd Political Stunt by a Delusional Dictator’, Says Steve Hanke

Steve Hanke has criticized plans by El Salvador to build a Bitcoin city, calling the initiative an "absurd political stunt by a delusional dictator." The post El Salvador Bitcoin City: ‘Absurd Political Stunt by a Delusional Dictator’, Says Steve Hanke appeared first on BeInCrypto. дальше »

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Defiance ETFs says it is a good time to buy cryptocurrency

The cryptocurrency market has been experiencing notable price dips this week. However, the dips have happened not only in the crypto sector but also across all asset classes, given that stocks are also downhill. дальше »

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Billions in Crypto to Be Seized by IRS in 2022, Bloomberg Says

Internal Revenue Service (IRS) is going to seize ten-digit sums in digital assets in the coming year дальше »

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Fiat and Crypto Will Coexist in the Future, Says 6dot50 Director Warren Venter

BeinCrypto spoke to Warren Venter, Director of 6dot50, a platform that aims to make using cryptocurrencies a simple possibility. The post Fiat and Crypto Will Coexist in the Future, Says 6dot50 Director Warren Venter appeared first on BeInCrypto. дальше »

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Kevin O’Leary says he has ‘no interest in being a crypto cowboy’

Kevin O’Leary says consulting regulators is critical as it helps avoid litigation He recently… The post Kevin O’Leary says he has ‘no interest in being a crypto cowboy’ appeared first on Coin Journal. дальше »

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Jerome Powell’s second term as Fed Chair could hurt crypto, says Mike Novogratz

Jerome Powell getting a second term as Fed chair has changed the crypto macro… The post Jerome Powell’s second term as Fed Chair could hurt crypto, says Mike Novogratz appeared first on Coin Journal. дальше »

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Ballet wallet founder says BTC’s crescendo is yet to come

Bobby Lee, the founder of cryptocurrency wallet Ballet, believes the crypto space has not yet seen Bitcoin (BTC/USD) crescendo. He shared his sentiments during an interview earlier today, noting that the leading crypto by capitalization is still in a super bull cycle despite its current losses. дальше »

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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 »

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Stripe’s co-founder says the firm is considering crypto again

As the crypto market becomes more mainstream with the rising fears of inflation, cryptocurrencies are fast gaining adoption as a means of payment. Therefore, payment platforms are launching crypto services to be at par with what is happening in the global financial sector. дальше »

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Bitcoin too volatile to be adopted as legal tender, says BoE chief

The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.

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PlanB says Bitcoin price missing $98K November target is “an outlier”

Analyst says the miss is a surprise, “a black swan” Bitcoin price has faced… The post PlanB says Bitcoin price missing $98K November target is “an outlier” appeared first on Coin Journal. дальше »

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Mike Novogratz says Jerome Powell is bad for the investment sector

Mike Novogratz has stated that the Federal Reserve Chair, Jerome Powell, could slow down the crypto sector. He further noted that he was not pleased with the decision of the US president, Joe Biden, to pick Powell for a second term in office. дальше »

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Grayscale says metaverse is a $1 trillion industry following rise of MANA, SAND, and AXS

Earlier in the year, many people had little to no understanding of what the metaverse was or how it was going to operate, not to talk of the economic opportunity present in the space. The post Grayscale says metaverse is a $1 trillion industry following rise of MANA, SAND, and AXS appeared first on CryptoSlate. дальше »

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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 »

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Russians transact $5B in crypto each year, Bank of Russia says

Though Russia has become a global leader in the crypto market, the Bank of Russia is still skeptical about Bitcoin.

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India could opt for tougher crypto regulations rather than an outright ban, says Zebpay co-CEO

India’s government has outlined plans that could see a new bill propose the banning… The post India could opt for tougher crypto regulations rather than an outright ban, says Zebpay co-CEO appeared first on Coin Journal. дальше »

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Ethereum’s Model Is Simply Exploitation Of The Working Class By The Wealthy, Says Analyst

Ethereum has come under fire for its economic model for several infringements against its original ethos. The reduction of miners’ rewards, burning of tokens, and the violation of the rule that “Code is Law” form part of the reason for criticisms. дальше »

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Bank of Canada’s Paul Beaudry says cryptos don’t threaten the economy

Paul Beaudry, the Deputy Governor of the Bank of Canada, believes the crypto space does not pose a significant threat to the financial system, at least not at the moment. He shared his thoughts on the matter during the Ontario Securities Commission Dialogue 2021 on November 23. дальше »

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Africa holds unique opportunities for crypto adoption, says Binance CEO

Changpeng Zhao says challenges such as currency devaluation, difficulty in making cross-border payments and… The post Africa holds unique opportunities for crypto adoption, says Binance CEO appeared first on Coin Journal. дальше »

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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 »

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Stripe is open to accepting crypto for payments (again), Co-founder says

Stripe co-founder John Collison says it’s possible the payments firm could add cryptocurrency as… The post Stripe is open to accepting crypto for payments (again), Co-founder says appeared first on Coin Journal. дальше »

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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 »

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eToro delists Cardano and TRON as Hoskinson says he was blindsided

eToro is one of the leading cryptocurrency exchange platforms, and it has now announced that it will be delisting Cardano (ADA/USD) and TRON (TRX/USD). The exchange stated that these two coins would no longer be available for its US customers. дальше »

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Bank of England says stablecoins are too volatile as a form of money

Bank of England’s governor, Andrew Bailey, has expressed criticism towards the future use of stablecoins as a regulated form of money. He noted that the Central Bank Digital Currency (CBDC) should be the perfect currency for such. дальше »

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Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says

Bitcoin’s latest sideways movement caused a stir in the crypto market, with traders pointing fingers to a variety of different factors as the main catalysts for the slump. The post Bitcoin’s latest slump is just a ‘natural breather,’ Genesis strategist says appeared first on CryptoSlate. дальше »

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Australian Retirement Fund with $46.8 Billion AUM to Invest in Crypto

Rest Super has revealed during its annual general meeting on November 23, 2021, that it plans to add bitcoin (BTC) and other cryptocurrencies to its balance sheet going forward. The company says it fully understands the risks of volatility associated with digital currencies and as such it will embark on its crypto exposure journey inRead More дальше »

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Jerome’s Powell’s Renomination As Fed Chair Is A Win For The Crypto Ecosystem, Says Cumberland’s Global Head

Fed Chair Jerome Powell has been nominated by President Joe Biden for another term in office. Cumberland’s global head believes that the move is in the long-term interest of cryptocurrency enthusiasts given his track record. дальше »

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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 »

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Elon Musk Mends Fences with CZ After Dogecoin-Related Twitter Scuffle

Elon Musk says that he doesn’t use Binance дальше »

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Gemini’s David Abner says the SEC will approve a spot BTC ETF in 2022

David Abner, the Global Head of Business Development at leading cryptocurrency exchange Gemini, believes the SEC will eventually approve a pure-play Bitcoin (BTC/USD) ETF. Abner shared his bullish opinions during the November 22 episode of CNBC’s ETF Edge, saying approving a pure-play BTC ETF would be the answer to the regulator’s crypto conundrum. дальше »

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WisdomTree’s Jason Guthrie says BTC has the traits of an inflation hedge

Jason Guthrie, the Head of Digital Assets at WisdomTree, believes Bitcoin (BTC/USD) has inflation-resistant traits. He shared his sentiments while discussing the long and short-term growth trajectories during an interview on November 22. дальше »

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Brad Garlinghouse says Dogecoin (DOGE) is bad for the crypto space

Ripple CEO Brad Garlinghouse believes the rising inflation will help foster more growth in crypto. He shared his thoughts during the Fintech Abu Dhabi event earlier today, noting that inflation has seen cryptos become more popular. дальше »

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IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility

The IMF has released its concluding statement on El Salvador adopting Bitcoin as legal tender alongside the US dollar. In IMF’s discussion with El Salvador, they covered the regulation and supervision of Bitcoin services providers and e-wallet Chivo, but the latest plans to issue sovereign bonds and use the proceeds to buy Bitcoin and fund […] The post IMF says Bitcoin Chivo Wallet Could “Increase Growth” But Calls for “Narrowing” BTC Law Due to High Volatility first appeared on BitcoinExchangeGuide. дальше »

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Rising inflation is creating tailwinds for crypto, Ripple CEO says

Rising inflation has investors concerned as economic recovery slows on new Covid-19 infections The… The post Rising inflation is creating tailwinds for crypto, Ripple CEO says appeared first on Coin Journal. дальше »

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Ripple case with SEC to ‘likely’ reach a conclusion in 2022, says CEO

"The judge realizes this is not just about Ripple, this will have broader implications,” Ripple CEO Garlinghouse said.

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Australian Senator Says DeFi Is Here To Stay, And Australia Must Not Be Left Behind

Jane Hume, an Australian politician, spoke about Decentralized Finance (DeFi) on Monday at the Australian Financial Review Super & Wealth Summit in Sydney. In her speech, she referenced the Reserve Bank of Australia (RBA) calling crypto a fad. дальше »

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Edward Snowden Reveals 2013 NSA Leak Was Facilitated Using Bitcoin

Whistleblower Edward Snowden has reiterated that Bitcoin helped him to uncover massive and undue spying of the public by the National Security Agency and CIA in 2013. Despite being vocal about Bitcoin, Snowden says he did not just realize BTC recently having used it back in 2013 to pay for servers he used to leak […] дальше »

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This Singapore tech company says its recycling 90% of waste heat from Bitcoin mining

The green Bitcoin mining operator is also en-route to list on the NASDAQ exchange via a SPAC merger.

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Puell Multiple Says Bitcoin Miners Don’t Want To Sell At This Level

The on-chain indicator Puell Multiple shows Bitcoin miners don’t have much incentive to sell at the current price level. Puell Multiple Values Are Still Relatively Low At The Current Level As pointed out by a CryptoQuant post, Puell Multiple values are still not too high, implying miners may not feel pressure to sell at the […] дальше »

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