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US Federal Reserve would soon release ‘detailed plans’ for a digital dollar
In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate. дальше »
2021-10-6 16:00 | |
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Биткоин-биржа CoinSwitch Kuber привлекла $260 млн от a16z и Coinbase Ventures
Индийская криптовалютная биржа CoinSwitch Kuber привлекла $260 млн по итогам раунда финансирования Серии С. Его возглавили Coinbase Ventures и Andreessen Horowitz. Every evolution takes a leap of faith, we are taking a giant one today with @coinswitchkuber turning into a #unicorn & becoming the largest crypto company in the country. дальше »
2021-10-6 13:14 | |
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El Salvador Incentivizes Use Of Bitcoin By Subsidizing Fuel Cost
El Salvador is seeking to increase the adoption of Bitcoin by offering a fuel subsidy. The government will offer a $0.20 subsidy on each gallon of petrol purchased using the Chivo wallet. The announcement has received criticisms from certain quarters of the country but plans are already underway. El Salvador shows no signs of slowing […] дальше »
2021-10-6 18:25 | |
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Decline In Cash Usage Could Force New Zealand To Launch Digital Currency
Declining cash usage in New Zealand could inspire the country’s financial regulatory authorities to launch a central bank digital currency (CBDC) sooner than expected. Electronic transactions currently account for 90% of liquid money in the country according to an official statement from the Reserve Bank of New Zealand. Additionally, as of 2020, only 9% of […] дальше »
2021-10-6 17:40 | |
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The idea of Bitcoin (BTC) as legal tender spreads to the Parliament of Tonga
About a month ago, El Salvador made history by accepting Bitcoin as legal tender. Despite the small size of the country, as well as the mixed feelings about the move among its citizens, the decision made major waves in the world. дальше »
2021-10-6 15:44 | |
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Is Brazil Considering A Bitcoin Law? Here’s What The Bill Actually Says
If Bitcoin becomes legal tender in a massive country like Brazil, it would be monumental. However, is that plan really on the table? Here are the facts: 1. - A bill to regulate cryptocurrencies was discussed and approved in Brazil’s House of Representatives, but it still has a long way to go before it becomes law. дальше »
2021-10-5 06:38 | |
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Nigeria suspends launch of ambitious e-naira project
The apex bank of Nigeria has announced the postponement of the launch of the country’s CBDC project, eNaira. The post Nigeria suspends launch of ambitious e-naira project appeared first on CryptoSlate. дальше »
2021-10-5 19:00 | |
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In this country, young people choose crypto investments over pension funds
A recent Chainalysis report showed that the world’s crypto economy was spread all across Western Europe. Data revealed that $1 trillion came to this region in crypto during the last year. That amounThe post In this country, young people choose crypto investments over pension funds appeared first on AMBCrypto. дальше »
2021-10-4 15:00 | |
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News From El Salvador, Early October: The Chivo Ecosystem’s Stress Test
Another month, another Bitcoin mined using volcanic power. That’s what’s happening in El Salvador, the little country that could. Plus, Moneygram alters its business. Problems and solutions with Chivo ATMs and the Chivo ecosystem as a whole. дальше »
2021-10-4 14:03 | |
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Relocated Chinese miners in Kyrgyzstan will now pay more for electricity
After China banned mining in the country earlier this year, the Kyrgyz Republic had become one of the hotspots for the mining pools. The Kyrgyzstan government, however, recently issued a notice to The post Relocated Chinese miners in Kyrgyzstan will now pay more for electricity appeared first on AMBCrypto. дальше »
2021-10-4 23:30 | |
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Biden To Raise A Coalition Of 30 Countries To Combat The Illicit Use Of Cryptocurrencies
America’s government plans to organize a group of 30 countries to counter the growing threat of ransomware. To secure the country’s cyberspace, President Biden has called for the collective effort of every American including private corporations. дальше »
2021-10-3 21:08 | |
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Nigeria: eNaira receives go-ahead from court amid ongoing litigation
Nigeria had earlier postponed its plan to launch the country's digital fiat currency, eNaira. However, the Federal High Court gave it the green light for the launch of the digital currency. The CenThe post Nigeria: eNaira receives go-ahead from court amid ongoing litigation appeared first on AMBCrypto. дальше »
2021-10-3 00:30 | |
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Uzbekistan puts a curb on unlicensed crypto-exchanges, urges citizens to be vigilant
The Uzbekistan government has been working towards stopping crypto exchanges from operating without authorization in the country. In a recent circular, the regulatory agencies identified half a dozen The post Uzbekistan puts a curb on unlicensed crypto-exchanges, urges citizens to be vigilant appeared first on AMBCrypto. дальше »
2021-10-3 21:00 | |
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No deferral on taxation law, South Korea to tax crypto gains 2022 onwards
As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling The post No deferral on taxation law, South Korea to tax crypto gains 2022 onwards appeared first on AMBCrypto. дальше »
2021-10-2 19:00 | |
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Monetary Authority of Singapore Grants Two Licenses to Offer Digital Payment Token Services
Singapore has granted licenses to DBS Vickers, the brokerage arm of DBS Bank Ltd. , and the Australian crypto exchange Independent Reserve to offer digital payment token services. Both the firms were granted an “in principle” approval from the Monetary Authority of Singapore (MAS) under the country’s Payment Services Act in the past two months. дальше »
2021-10-2 23:15 | |
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What is this French politician's solution to the country's crypto-tax regime
The mass adoption of cryptocurrencies is determined not just by an extension of the user base, but also by an inclusive policy and tax regime. A French politician has now proposed a relaxation in tThe post What is this French politician's solution to the country's crypto-tax regime appeared first on AMBCrypto. дальше »
2021-10-2 23:00 | |
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Coping with the China FUD - Bitcoin and the Huobi story
China's recent crypto-ban may not have drastically crashed Bitcoin, but it is certainly affecting certain businesses in the country. After China's central bank declared that offering trading, order maThe post Coping with the China FUD - Bitcoin and the Huobi story appeared first on AMBCrypto. дальше »
2021-10-1 18:00 | |
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Iran Lifts Bitcoin Mining Ban, Farms Get Back Online
The country has given licensed bitcoin miners the green light to come back online after a four-month ban. дальше »
2021-10-1 17:47 | |
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Missouri’s Mayor Wants To Give $1000 To Every Home, Says Bitcoin Is ‘Fundamentally American’
Missouri’s Mayor has revealed his intention to give every household in his constituency $1000 worth of Bitcoin. The Mayor plans to organize sensitization sessions to educate individuals on Bitcoin. дальше »
2021-10-1 15:42 | |
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South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit
South Korean authorities have managed to implement the new regulations regarding cryptocurrency exchanges in the country. This move resulted in 29 out of 66 exchanges shutting shop, following the deadThe post South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit appeared first on AMBCrypto. дальше »
2021-10-1 23:00 | |
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Swiss-based SEBA Bank Becomes The First Firm To Receive A Digital Asset Custodian License From Regulators
Switzerland-based SEBA Bank became the first Swiss-licensed financial institution to receive a license from regulators to offer digital assets to mutual funds in the country. The cryptocurrency-focused bank will act as a custodian to the firm enabling mutual funds to get exposure to cryptocurrencies. дальше »
2021-9-29 22:53 | |
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China: 4th Largest Ethereum Mining Pool to Shutter Its Operations Amid Rising Regulatory Concerns
Chinese regulatory crackdown on crypto continues to force crypto miners to leave the country for greener pastures elsewhere. BeePool Shutters Ethereum Mining Operations BeePool, a China-based Ethereum (ETH) mining pool that also holds the distinction of being the world’s 4th largest ETH mining pool in terms of hashrate recently announced it was shuttering its operationsRead More дальше »
2021-9-30 21:00 | |
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Kraken fined $1.25 million by CFTC for offering Bitcoin, crypto futures
In what is the latest sanction against a cryptocurrency exchange in the United States, one of the country’s biggest exchanges, Kraken, has been slapped with a fine of $1. 25 million by the Commodity Futures Trading Commission (CFTC) for violating the country’s Commodity Exchange Act (CEA). дальше »
2021-9-30 20:51 | |
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The Real Reason Why China Is Strongly Against Bitcoin
Key takeaways China imposes new restrictive rules on Bitcoin, but market observers consider it a good thing. Forbes contributor asserts says the new ban stems from the country’s fears of its citizens growing economic freedom. дальше »
2021-9-30 20:12 | |
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Swiss Financial Markets Regulator FINMA Approves the First Crypto Fund
The Swiss Financial Market Supervisory Authority (FINMA) announced on Wednesday that it had approved the first crypto fund in the country. The fund called “Crypto Market Index Fund” is an investment fund that invests in digital assets and is restricted to qualified investors. дальше »
2021-9-29 18:15 | |
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Indonesia Will Not Follow China’s Path For An Outright Crypto Ban, Says Minister Of Trade
Indonesia’s Minister of Trade has stated that the country will not give a blanket ban on cryptocurrencies like China. Indonesia has recorded a spike in cryptocurrency transactions since the start of the year and shows no signs of slowing down. дальше »
2021-9-29 15:28 | |
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China’s Crackdown Hits Ethereum Hard As Authorities Shut Down Over 10,000 Mining Rigs
Ethereum is the most recent asset caught in the path of the bulldozing machine that is China’s crackdown on crypto and crypto-related activities. When the country had begun to crackdown on mining earlier in the year, much focus had been placed on bitcoin given that it was the most popular cryptocurrency in the market. And […] дальше »
2021-9-29 02:00 | |
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Crypto Platforms Start Pulling Out Of China Following The Ban
One by one crypto exchanges and other related platforms are starting to announce exit plans from the Chinese market following the nation’s ban. Crypto Platforms Like Biki, Feixiaohao, And BitMart Pull Out Of China Following The Nation’s Ban A few days back, China announced a ban on all crypto-related transactions in the country. As a […] дальше »
2021-9-29 22:00 | |
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China crypto crackdown: 10,100 mining rigs confiscated in Mongolia
The Chinese government has intensified its efforts to ban cryptocurrency mining and trading in the country. China’s National Development and Reform Commission seized 10,100 crypto mining equipments from a government-operated tech park in Inner Mongolia as it continues its operations against miners in the region. дальше »
2021-9-29 19:51 | |
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Here’s why the US should buy Bitcoin as strategic reserve
China’s ban on crypto has manifested itself in making cryptocurrency transactions illegal, making miners leave the country, and blocking access to sites with information about crypto prices and charts. дальше »
2021-9-29 18:57 | |
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Morgan Stanley Bags Over 58,000 GBTC Shares As Bitcoin Price Shakes
As Bitcoin and other cryptos gain more credence, many top shots in diverse industries embrace the crypto community. Many companies, including Tesla, had accepted BTC payments once, and even a country like El Salvador is now using it as a legal tender. дальше »
2021-9-29 17:59 | |
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China Blocks Crypto-Related Websites Amid Heightened Crackdown Measures
China is going even further into cracking down on cryptocurrencies in the country. It has decided to block access to CoinGecko, TradingView, and CoinMarketCap through its internet firewall. The three websites are major cryptocurrency-related websites. дальше »
2021-9-29 17:00 | |
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Crypto Market Analysis: September 27, 2021
Crypto markets were rocked on Friday as it emerged that China was implementing a full ban on cryptoasset trading inside the country. Despite it having announced the ban previously, markets reacted badly with big falls in BTC and other altcoins. дальше »
2021-9-28 16:09 | |
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Authorities seize over 10,000 crypto mining machines in Inner Mongolia, China
China’s series of crackdowns on Bitcoin mining keeps making headlines within the crypto community. Parts of the country like Anhui and the Yunan Province announced their intention to crackdown on BiThe post Authorities seize over 10,000 crypto mining machines in Inner Mongolia, China appeared first on AMBCrypto. дальше »
2021-9-28 20:30 | |
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2.1 Million Salvadorans Actively Using Chivo Wallet, El Salvador’s President Claims
Nayib Bukele, El Salvador president, has claimed that 2. 1 million citizens are using the new government-backed Chivo cryptocurrency wallet. In a tweet, he implied the apparent success of Bitcoin in the country. дальше »
2021-9-27 21:00 | |
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India: NASSCOM Report Predicts Multifold Rise in Crypto Adoption by 2030
The crypto industry in India is estimated to flourish massively in the coming years. NASSCOM Report on Crypto Adoption in India According to a recent report by the Indian non-profit association — The National Association of Software and Service Companies (NASSCOM), the cryptocurrency space in the country is expected to grow exponentially this decade. Specifically,Read More дальше »
2021-9-26 17:00 | |
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Huobi suspends registration of new users to comply with regulations in China
China did it again. Same old news but the market was blown away like a leaf on a windy day. The country maintained its anti-crypto stance, which in turn compelled Huobi, one of the largest cryptocurreThe post Huobi suspends registration of new users to comply with regulations in China appeared first on AMBCrypto. дальше »
2021-9-26 22:00 | |
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India Tops The List Of Crypto Ownership With 100 Million Hodlers, Where Does Your Country Place?
Much is said about crypto adoption and how we, as hodlers, will be on the right side of history. And while regulators, U.S ones especially, have been trying their damndest to derail the revolution, data compiled by TripleA shows a positive trend with crypto adoption, especially in many developing nations. With that, India, despite their […] дальше »
2021-9-25 03:01 | |
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Bitcoin Blitzed $20,000 Record High Three Months After China Crypto Ban In September 2017; D
China’s top government authorities are not yet done with bitcoin. Earlier today, the regulators published a statement declaring that trading and mining digital currencies are now strictly prohibited within the country. дальше »
2021-9-25 01:43 | |
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India: Here's the latest update on Buterin's Shiba Inu donations
India's second Covid-19 wave earlier this year proved especially harrowing for the country, leading to many international personalities donating huge relief funds. Among them was Ethereum co-founder VThe post India: Here's the latest update on Buterin's Shiba Inu donations appeared first on AMBCrypto. дальше »
2021-9-25 23:00 | |
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Canada’s Security Regulator Releases New Guidance for Crypto-Trading Firms Relating to Advertising and Marketing
The Canadian Securities Administrators (CSA) has released fresh guidance for cryptocurrency exchanges on advertising and marketing along with the use of social media. An umbrella group for securities regulators in the country, CSA published the guidelines this week in collaboration with the Investment Industry Regulatory Organization of Canada after they became aware of certain advertising […] The post Canada’s Security Regulator Releases New Guidance for Crypto-Trading Firms Relating to Advertising and Marketing first appeared on BitcoinExchangeGuide. дальше »
2021-9-24 21:03 | |
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