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UK Financial Watchdog Clamps Down On World’s Largest Crypto Exchange, Binance

UK financial watchdog, the Financial Conduct Authority, has halted cryptocurrency exchange Binance from operating in the UK. In a statement titled “Consumer warning on Binance Markets Limited and the Binance Group” published on the organization’s official website on Saturday, the FCA stated that Binance Markets Limited “is not permitted to undertake any regulated activity in […] дальше »

2021-6-28 01:20


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Indian Government Review Bill That Proposed Ban on Cryptocurrencies

It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More дальше »

2021-6-17 19:00


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Elon Musk Slammed For Manipulative Greed As Bitcoin Gains First National Acceptance

From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown […] дальше »

2021-6-9 15:40


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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »

2021-6-2 11:00


Власти Дубая назвали мошенниками организаторов Dubai Coin

Пресс-служба правительства Дубая заявила, что у эмирата нет собственной цифровой валюты, а стоящие за проектом Dubai Coin организаторы — мошенники. Dubai Coin cryptocurrency was never approved by any official authority. дальше »

2021-5-28 17:54


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Indonesia Ponders on Plan to Tax Crypto Trading Gains

Indonesia is mulling imposing tax on profits gotten from cryptocurrency trading, as the nascent industry sees exponential growth in the Southeast Asian country. Indonesia Could Impose Tax on Crypto Trading According to Reuters on Tuesday (May 11, 2021), an Indonesian tax official, Neilmaldrin Noor, told the news outlet that the proposal to tax profits onRead More дальше »

2021-5-12 01:00


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Turkey Updates Cryptocurrency Regulation Amid Payments Ban and Collapsing Exchanges

The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […] дальше »

2021-5-3 10:30


Turkish Govt. Planning to Establish a Central Custodian Bitcoin Bank to Remove Counterparty Risk

Turkey is now planning to regulate its cryptocurrency market after two exchanges Thodex and Vebitcoin’s collapse in a matter of days. According to a senior official familiar with the plans, the government is planning to establish a central custodian bank to eliminate counterparty risk, reported Bloomberg. дальше »

2021-4-29 18:13


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KuCoin’s Incubator and Research Arm KuCoin Labs Unveils $50 Million Fund to Find the Next Crypto Gem

Leading cryptocurrency exchange KuCoin today announced the official launch of KuCoin Labs — an incubator and research arm in the KuCoin ecosystem. Introducing the KuCoin Labs In a bid to stay competitive and continue maintaining its position as one of the world’s largest and most prominent digital currency exchanges, KuCoin today unveiled its incubator andRead More дальше »

2021-4-15 11:41


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MetaMask wallet now supports Orbs staking and swaps

MetaMask is not only a popular crypto wallet but also a go-to solution for anyone who wishes to participate in the DeFi sector of the crypto industry. The wallet recently announced that it is expanding its list of supported tokens, revealing that its newest supported coins is ORBS — an official cryptocurrency of the Orbs […] The post MetaMask wallet now supports Orbs staking and swaps appeared first on Invezz. дальше »

2021-4-14 14:40


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Nigeria to Pay 1.2 Cents for Each Dollar Remitted to the Country to Combat Cryptocurrency Use

The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances […] дальше »

2021-3-9 15:00


Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course

The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens. Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Through the official Binance Twitter account, one of the world’s largest cryptocurrency exchanges by volume, announced that it had “temporarily suspended withdrawals of $ETH and ethereum-based […] дальше »

2021-2-23 03:00


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Liquid Temporarily Halts ETH and ERC-20 tokens Withdrawals Amid High ETH Gas Fees

Major Japan-based cryptocurrency exchange Liquid has temporarily suspended withdrawals for Ether (ETH) and ERC-20 tokens following a spike in the average ETH gas fees on the Ethereum network. High Transaction Fees Cause Suspension of ETH and ERC-20 Withdrawals Liquid announced the news of the suspension via its official Twitter handle on Thursday (Feb. 4, 2021).Read More дальше »

2021-2-5 07:00