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Fed Rate Hike: Cryptos Hammered As Central Bank Pumps Interest Rates By 0.75 Points
The much-anticipated Fed rate hike is now out and, as expected, dealt a heavy blow to the broader crypto market on Wednesday. The U. S. Federal Reserve increased its policy interest rate by three-quarters of a percentage point, extending it to a range of 3 to 3. дальше »
2022-9-22 08:38 | |
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First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday
Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%. дальше »
2022-4-4 02:03 | |
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Bitcoin Dealt Another Blow By China’s E-Commerce Giant Alibaba
Chinese giant e-retailer Alibaba has announced it will halt selling cryptocurrency mining equipment come October 8, 2021. This is according to two notices sent out on Monday referring to laws and regulations and particularly a circular by the People’s Bank of China and other government organizations published last week that banned the transaction, mining, and […] дальше »
2021-9-29 23:05 | |
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No Bitcoin Plans For Europe’s Largest Bank – HSBC CEO Implies It ‘Messes Up Balance Sheet Of Clients’
The biggest bank in Europe just dealt another sordid blow to Bitcoin, as it joined the league of Crypto pessimistic financial institutions, declaring a general unwillingness to add the apex crypto coin to its asset class. дальше »
2021-5-24 17:12 | |
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Binance Launches Express Mode, Adds Nigerian Naira for P2P Trading
Nigeria is the second-largest peer-to-peer (P2P) cryptocurrency market in the world. The country suffered a huge blow on Feb. 5 when its apex bank released a circular issuing a ban on cryptocurrency trading. дальше »
2021-2-12 17:13 | |
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One Step Backward: Central Bank of Nigeria (CBN) Prohibits Crypto Transactions
The Central Bank of Nigeria (CBN) has informed banks and commercial institutions to stop processing cryptocurrency transactions. This represents a significant blow for the county that has the largest bitcoin market in Africa. дальше »
2021-2-6 12:26 | |
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Big Blow For Bitcoin In Africa As Nigeria’s Central Bank Bans Cryptocurrency Trading
According to data by Paxful, a top crypto trading platform, Nigeria had the second-largest crypto trading volume in the world, placing the country firmly in line to becoming one of the biggest crypto hubs in the world moving forward. дальше »
2021-2-6 18:41 | |
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Big Blow To The Crypto Dream: India’s Government Calls For Blanket Cryptocurrency Ban Again
Since July 2018, domestic commercial banks in India were prohibited by the Reserve Bank of India (RBI) from servicing cryptocurrency exchanges and all other businesses dealing with virtual currencies due to a circular that the Central Bank had released. дальше »
2020-6-12 13:37 | |
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Dow Jones Falls 450 Points, Weak Bank Earnings Fuel Concerns amid Coronavirus Panic
Coinspeaker Dow Jones Falls 450 Points, Weak Bank Earnings Fuel Concerns amid Coronavirus PanicThe coronavirus pandemic has given a major blow to the global and U. S. economy with the Manufacturing Index hitting a historic low. дальше »
2020-4-16 11:24 | |
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India's Bitcoin love story to end in break-up?
The Indian government has begun inter-ministerial consultations on a draft bill to ban crypto assets. The news comes as a further blow to the large Indian bitcoin community after the Reserve Bank of India issued a bitcoin banking ban in 2018. дальше »
2019-5-4 16:00 | |
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Despite Money Tap Dent, Ripple (XRP) Buy Wave is Strong
Ripple prices up, reacting from 32 cents Money Tap blow, Resona Bank discontinue participation Resona Bank is pulling out of Money Tap initiatives, a project fronted by SBI Group. All the same, prices are stable above 32 cents, reversing from Apr-2 lows and with increasing momentum, may close above 34 cents as bulls shore prices. дальше »
2019-4-12 22:00 | |
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India in No Hurry to Regulate Cryptos, Blames Global Regulatory Uncertainty
India hasn’t been the friendliest jurisdiction to cryptocurrencies. The crypto industry in the country has been involved in an endless row with the country’s Reserve Bank, and the RBI has thus far had the upper hand. дальше »
2019-1-1 16:35 | |
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European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis
An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018. дальше »
2018-11-19 09:00 | |
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TNW’s School Supplies: Tasty tech to blow your student loan on
It feels like an age ago, but I remember my first week at university. For the first time in my life, I was living independently of my parents, and the first tranche of my student loan had infused my bank account. дальше »
2018-9-27 20:23 | |
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Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model
India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »
2018-7-5 16:09 | |
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