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South Korean legislators agree to delay taxation of cryptocurrency capital gains
Recurring regulatory hurdles over the past year have had a deep impact on South Korea's booming cryptocurrency industry. Many exchanges and businesses have had to shut shop in the country. Another souThe post South Korean legislators agree to delay taxation of cryptocurrency capital gains appeared first on AMBCrypto. дальше »
2021-11-29 21:30 | |
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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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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 »
2021-11-28 23:34 | |
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El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up
Nayib Bukele, the President of El Salvador, announced that the country will be building a carbon-neutral Bitcoin City. The post El Salvador is building a $1 billion Bitcoin City as pressure on Bukele ramps up appeared first on CryptoSlate. дальше »
2021-11-27 21:00 | |
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El Salvador Snatches Up More Bitcoin At A Massive Discount As Its BTC Stash Expands
President Nayib Bukele announced on Friday his country’s latest purchase of 100 BTC as Bitcoin’s price nosedived to levels last seen in October. “El Salvador just bought the dip. 100 extra coins acquired with a discount” He tweeted. дальше »
2021-11-27 12:21 | |
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El Salvador buys additional Bitcoin on Black Friday at 20% off
The President of El Salvador, Nayib Bukele, has announced that the country has bought during the recent Bitcoin (BTC/USD) dip. The purchase came after Bitcoin dipped to the lows of below $54,000 on November 26. дальше »
2021-11-27 10:57 | |
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Expert calls El Salvador's Bitcoin volcano bonds, 'Michael Saylor playbook for a country'
El Salvador's "Bitcoin City" and the proposed $1 billion Bitcoin volcano bond have ignited a range of reactions across the world. These are ambitious plans, no doubt, but they come as the crypto markeThe post Expert calls El Salvador's Bitcoin volcano bonds, 'Michael Saylor playbook for a country' appeared first on AMBCrypto. дальше »
2021-11-27 02:30 | |
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Bank of England chief expresses concern over El Salvador’s Bitcoin experiment
Speaking at the Cambridge University students union on Thursday, Bank of England Chief Andrew Bailey expressed worry for the citizens of El Salvador following the country’s adoption of Bitcoin as legal tender. дальше »
2021-11-27 02:00 | |
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South Korea Crypto P2P Trading Hits New Highs as Regulators Debate Taxation
P2P crypto trading has hit a new all-time high in South Korea, data from LocalBitcoins shows. The jump in P2P trading comes at a time when there is a lot of uncertainty surrounding regulation in the country. дальше »
2021-11-26 10:21 | |
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Bank of Russia concerned about crypto even as crypto activity in the region swells
A top executive in the country’s crypto industry recently remarked that the Russian market… The post Bank of Russia concerned about crypto even as crypto activity in the region swells appeared first on Coin Journal. дальше »
2021-11-26 06:03 | |
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Bitcoin Puts El Salvador On The Map As Tourism Sector Booms
El Salvador’s tourism sector has seen a boom in recent weeks following the country’s adoption of Bitcoin as legal tender. The country is considered a top pilgrimage destination for Bitcoiners around the world, given its significance in the ecosystem. дальше »
2021-11-25 13:10 | |
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Ripple to help create a CBDC for this tiny island-nation
According to a press release shared by Ripple, the XRP ledger is all set to partner with the Republic of Palau to help circulate digital dollars in the country. The post Ripple to help create a CBDC for this tiny island-nation appeared first on CryptoSlate. дальше »
2021-11-25 02:00 | |
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Australia: Rest Super may become first pension fund to invest in crypto
Australia is escalating its efforts to trigger institutional crypto investment in the country with Rest Super becoming the first superannuation fund to invest in cryptocurrencies. It has $46.8 billThe post Australia: Rest Super may become first pension fund to invest in crypto appeared first on AMBCrypto. дальше »
2021-11-25 00:30 | |
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Legal Showdown Looms Over Government’s Bitcoin Clampdown in Nigeria
Cryptocurrency groups in Nigeria are preparing to take on the country's central bank, as both sides dig in over a controversial regulatory decision to limit crypto use and trade in the populous West African nation. дальше »
2021-11-25 19:16 | |
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India makes new steps as it moves towards this winter’s crypto ban
After China banned pretty much everything crypto-related earlier this year, India started moving in the same direction. Now, its government is preparing for new crypto crackdowns as the lond-pending bill that will ban cryptocurrencies in the country approaches. дальше »
2021-11-25 13:29 | |
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Ripple joins hands with Palau for 'world’s first government-backed stablecoin'
The island nation of Palau is the latest country to announce a partnership with Ripple. The collaboration is set to explore the country's strategy for a national digital currency with the XRP Ledger (The post Ripple joins hands with Palau for 'world’s first government-backed stablecoin' appeared first on AMBCrypto. дальше »
2021-11-24 09:30 | |
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Republic of Palau Partners with Ripple to Develop Digital Currency Strategy
We’re excited to announce a new partnership with the Republic of Palau to explore the country’s first national digital currency and its use cases with the XRP Ledger (XRPL). The partnership will initially focus on developing strategies for cross-border payments and a USD-backed digital currency for Palau. дальше »
2021-11-25 01:00 | |
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Kazakhstan turns to nuclear power, as it is 'already feeling first signs of electricity shortage'
Kazakhstan's President Kassym-Jomart Tokayev is reportedly contemplating turning to nuclear energy, amid power shortage in the country. Nuclear power to the rescue In a recent event, the head of staThe post Kazakhstan turns to nuclear power, as it is 'already feeling first signs of electricity shortage' appeared first on AMBCrypto. дальше »
2021-11-23 20:30 | |
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Bitcoin bulls celebrate: Estonia’s biggest bank lets customers buy crypto
Estonia has become the latest country to give Bitcoin bulls reason to cheer according to Marcus Sotiriou, Sales Trader at the UK based digital asset broker GlobalBlock. Here is a brief summary of the recent moves and news in Bitcoin and digital assets. дальше »
2021-11-24 17:21 | |
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El Salvador’s dollar debt dives on Bitcoin bond plans
Investors have grown weary of El Salvador’s dollar debts as the country further adopts Bitcoin. Meanwhile, the IMF has recommended that BTC not be used as legal tender. дальше »
2021-11-23 10:42 | |
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El Salvador President Announces “Bitcoin City” Tax Haven
Bitcoin City El Salvador’s president Nayib Bukele has announced the country’s plans to build the world’s first fully Bitcoin bonds-backed “Bitcoin City.” Bukele made the announcement over the weekend as part of a cringe-inducing live show, featuring bright concert-style lighting — and projections of UFOs for some reason. The Bitcoin City will be income, property, […] дальше »
2021-11-23 01:23 | |
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El Salvador To Build The First Bitcoin City Using Tokenized Bitcoin Bonds
El Salvador seems to be looking to a future fully integrated with bitcoin. The country which had made history in September as the first sovereign nation to make bitcoin a legal tender has taken another step forward in its adoption of the cryptocurrency. дальше »
2021-11-23 20:00 | |
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El Salvador plans to build a BTC city and raise $1B via a BTC bond
El Salvador, the first country to embrace Bitcoin (BTC) as legal tender, is planning to build a Bitcoin city at the base of Conchagua, a stratovolcano in southeastern El Salvador. Salvadoran President Nayib Bukele disclosed this news during the Latin American Bitcoin and Blockchain Conference on November 20. дальше »
2021-11-23 15:30 | |
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Nigeria’s eNaira stablecoin becomes focus of new IMF report
Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF) eNaira to boost remittance The report, authored by economist Jack Ree, explained […] The post Nigeria’s eNaira stablecoin becomes focus of new IMF report appeared first on CryptoSlate. дальше »
2021-11-22 11:00 | |
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El Salvador to Buy $500 Million Bitcoin, Taps Crypto Market For Government Bonds, Plans Bitcoin City
El Salvador is set to become the first country in the world to issue government debt, backed by its economy and taxpayers, on the bitcoin market. This will mark the... дальше »2021-11-23 18:19 | |
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El Salvador Announces World’s First Bitcoin City, Backed By $1B Bitcoin Bonds
El Salvador is currently the only country in which Bitcoin (BTC) is legal tender. This move has witnessed many developments, as well as some pushback. Amid protests, technical glitches, and inevitable market volatility, El Salvador continues to drive BTC adoption. дальше »
2021-11-21 12:00 | |
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'A Bitcoin City' - What next after El Salvador issues $1 billion Bitcoin bond
El Salvador’s move to become the first country to make Bitcoin a legal tender witnessed many developments. Although, it wasn't a smooth sail to reach the shore. It was met with protests and bedevilThe post 'A Bitcoin City' - What next after El Salvador issues $1 billion Bitcoin bond appeared first on AMBCrypto. дальше »
2021-11-21 10:00 | |
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Kraken to halt Monero (XMR) transactions end of November
Kraken, one of the leading crypto exchange platforms, has announced that it will be delisting the privacy coin, Monero (XMR/USD), for its UK customers. According to this exchange, it will be delisting these tokens to comply with the local regulations in the country. дальше »
2021-11-22 12:59 | |
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How Chinese Cryptocurrency Crackdown Could Be A Blessing For This Neighbouring Country
Laos, a small neighboring country to the South of China, and sandwiched between Vietnam, Thailand, and Cambodia is preparing to reap from the losses incurred by China’s extended crypto crackdown. дальше »
2021-11-20 20:36 | |
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Crypto in Greece — Decentralized Solutions in the Birthplace of Democracy
BeinCrypto hit the ground in Athens, Greece, and spoke with locals in the crypto and blockchain community for a better understanding of the dynamics of the industry in the country. Greece has a global reputation for its stunning landscapes, food, and contributions to modern society. дальше »
2021-11-20 18:00 | |
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Norway joins Sweden in move to ban crypto mining
Norway is considering a crypto mining ban proposal put forth by two Swedish regulatory officials, Minister of Local Government Bjørn Arild Gram insinuated in an interview with Euronews. At the moment, the Nordic country is “considering potential policy measures” to address the “challenges related to crypto mining. дальше »
2021-11-21 15:53 | |
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Australian official who owns Ethereum says it is no threat to the country’s financial system
According to the Reserve Bank of Australia (RBA) head of payments policy Tony Richards, cryptocurrencies are not posing a threat to the central bank operations. The post Australian official who owns Ethereum says it is no threat to the country’s financial system appeared first on CryptoSlate. дальше »
2021-11-19 11:00 | |
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All About MovieBiz Coin: The Token Disrupting the Film Industry
Before the spread of COVID-19 in 2019, movie sales around the world raked in over $45 billion. As cinemas shut down across the country due to the pandemic, in 2020, the US market decreased 65. 7% from $11. дальше »
2021-11-18 20:39 | |
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India: PM Modi calls for cooperation on cryptos between 'democratic nations'
India's regulatory position on cryptocurrencies remains elusive at best. Especially since the country is struggling to form a uniform consensus on the classification and legalization of the novel asseThe post India: PM Modi calls for cooperation on cryptos between 'democratic nations' appeared first on AMBCrypto. дальше »
2021-11-18 10:14 | |
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Peru to partner with India, HK and Singapore central banks on a CBDC
The president of Peru’s central bank has indicated that the country will be joining forces with India, Singapore and Hong Kong to develop its own central bank digital currency. дальше »
2021-11-18 08:56 | |
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South Korea embraces the proto-metaverse
South Koreas will be immersed in the metaverse sooner than later, as industries and public services begin rolling out virtual avatars and applications across the country. дальше »
2021-11-18 08:17 | |
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Fidelity Will Be Canada’s First-Ever Bitcoin Custodian
Fidelity has secured Canada’s selection from regulators to become the country’s first-ever bitcoin custodian. The move will allow the financial services firm to operate bitcoin custody and trading in the country, geared towards institutional investors. дальше »
2021-11-18 06:04 | |
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Peru Keeps Up With Crypto: The Central Bank Will Launch a CBDC
The Central Reserve Bank of Peru’s (BCRP) President, Julio Velarde, announced they are working on developing a CBDC in collaboration with other central banks around the globe. As the country experiences instability and inflation in goods and services, the central bank discusses financial models to fight the imminent crisis. дальше »
2021-11-18 02:59 | |
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ICN marketing company leading Indonesia’s crypto boom
Blockchain marketing company, Indonesia Crypto Network, is fast becoming the destination for crypto investors and stakeholders looking to gain traction in Indonesia. The country is witnessing widesThe post ICN marketing company leading Indonesia’s crypto boom appeared first on AMBCrypto. дальше »
2021-11-17 11:45 | |
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Bitcoin Lightning Network Capacity Strikes New All-Time High: Factors
The rise of The Lightning Network is one of the most important stories of the year. On its back, El Salvador could adopt Bitcoin as legal tender. Bitcoin Beach’s implementation of The Lightning Network served as a use case that showed that it could be relied on. дальше »
2021-11-17 08:03 | |
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Indian Parliamentary Committee Meets With Crypto Industry, Open to Regulation
India’s Parliamentary Committee on Finance met with the country’s crypto industry experts and associations for the first time this week. The post Indian Parliamentary Committee Meets With Crypto Industry, Open to Regulation appeared first on BeInCrypto. дальше »
2021-11-17 22:40 | |
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China Warns State-Owned Companies To Stop Bitcoin Mining Or Risk Strict Penalties
China has issued a warning to its state-owned enterprises to stop cryptocurrency mining. It also warned that it would increase electricity rates for companies that continue to defy the ban. This latest warning comes amid the ongoing crypto ban in the East Asian country. дальше »
2021-11-17 21:00 | |
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