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Bitcoin, Ethereum peer-to-peer volumes in Nigeria continue surging
Despite the crypto ban in Nigeria, the country has recorded massive growth in its peer-to-peer bitcoin trade volumes in recent times. Available data has revealed that in the month of June, citizens of the country traded around $38 million worth of digital assets —the second time the country has recorded volume above $35 million. дальше »
2021-7-13 10:03 | |
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Here's a 'potentially significant limitation' in El Salvador's Bitcoin experiment
Several entities have expressed their displeasure about El Salvador’s move to authorize Bitcoin as an optional legal tender in the country. A top critic has been JP Morgan, who continued to hammer tThe post Here's a 'potentially significant limitation' in El Salvador's Bitcoin experiment appeared first on AMBCrypto. дальше »
2021-7-13 05:00 | |
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Vietnamese Government Planning to Conduct CBDC Pilot
Vietnam has become the latest country to explore central bank digital currency (CBDC), although the government has said that a sovereign digital currency would not replace the country’s fiat. Vietnam’s Proposed Digital Currency not a Cash Replacement According to Nikkei Asia on Monday (July 12, 2021), the decision by the Vietnamese government to explore theRead More дальше »
2021-7-13 23:00 | |
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Ukraine Uncovers Country’s Largest Illegal Mining Farm to Date
The Security Service of Ukraine (SBU) has located a massive coin minting facility that was illegally connected to the power grid in Vinnytsia. Law enforcement officials claim it’s the largest underground crypto mining farm they have found so far. дальше »
2021-7-11 00:30 | |
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Paraguayan Lawmaker to Introduce Bitcoin Legislation Bill Next Week
After El Salvador, Paraguay could be the next nation to adopt the bitcoin standard. Bitcoin Regulation Legislation to Be Introduced In a tweet shared today, Paraguayan lawmaker Carlitos Rejala said he was working with Senator Fernando Silva Facetti to introduce legislation focused on bitcoin (BTC) regulation in the country. I am here to unite ParaguayRead More дальше »
2021-7-10 14:00 | |
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Thailand’s Central Bank Cautions Against Using Crypto as a Means of Payment
The Bank of Thailand (BOT) has issued a warning against using digital assets as a payment method, stating it could work with the country’s Securities and Exchange Commission (SEC) if crypto payments become widespread. дальше »
2021-7-10 05:00 | |
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Majority of Salvadorans Skeptical of BTC as Currency, Poll Finds
President Nayib Bukele’s adoption of cryptocurrency as legal tender in his country is not being met with deep understanding by most of his fellow Salvadorans, a new survey suggests. Almost half of the respondents admitted they knew nothing about Bitcoin, while two-thirds aren’t ready to be paid in crypto. дальше »
2021-7-10 01:00 | |
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Crypto Entrepreneurs From Paraguay Chip In: Is A Bitcoin Law In The Cards?
When El Salvador announced that Bitcoin would be legal tender in their country, the clock started ticking. What country, if any, would follow in their footsteps? Paraguay was one of the most likely candidates, and member of parliament Carlos Rejala’s tweet and laser eyes seemed to indicate that there was a possibility. However, things cooled […] дальше »
2021-7-9 23:08 | |
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Most El Salvador Citizens Not Keen on Accepting Bitcoin as Legal Tender
Following the legalization of bitcoin as legal tender in El Salvador, it appears that most of the country’s citizens are not enthusiastic about the government’s move to adopt bitcoin. El Salvadorans Skeptical About Bitcoin According to Reuters on Thursday (July 8, 2021), the thoughts of El Salvadorans about the government’s bitcoin plan were revealed inRead More дальше »
2021-7-10 21:00 | |
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Cryptocurrencies Could Dominate Japan As Plans For The Digital Yen Is Pushed To 2022
Japan, which is currently considered to have the most progressive regulatory stance on cryptocurrencies, may in as soon as two years see cryptocurrencies dominating investment and payments in the country. дальше »
2021-7-9 18:31 | |
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After Barclays, Santander Bank Blocks Payments to Binance in UK Citing Customer Protection
Santander Bank in the U. K. has become the latest high street bank in the country to block fund transfers to cryptocurrency exchange Binance. Recently, Barclays and Natwest banks reportedly made a similar move. дальше »
2021-7-9 17:00 | |
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Israeli Knesset Creates Special NFT for New President Isaac Herzog
Israel’s parliament, the Knesset, has become the first national legislature to release a non-fungible token. The special NFT has been created for the country’s new president, Isaac Herzog, who took office this week after his election in early June. дальше »
2021-7-9 08:30 | |
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Crypto Investing has Left Gen Z Koreans With Massive Debt, Claims Government Official
A member of South Korea’s National Assembly has stated that the debts of the country’s younger generation saw a massive increase due to investment in cryptocurrency, stocks, and real estate. дальше »
2021-7-9 23:00 | |
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Kazakhstan to Capitalize on Crypto Mining Boom; Introduces New Tax on Bitcoin Mining Starting Jan 2022
Miners are speaking out against the new law on crypto mining in Kazakhstan, which accounts for 6. 17% of Bitcoin’s global hash rate, and are seeing interest following the regulatory crackdown in the neighboring country. дальше »
2021-7-8 19:08 | |
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Binance in trouble again as Polish regulator warns exchange
The Polish Financial Supervision Authority (PFSA) has warned cryptocurrency exchange Binance about the status of its business in the country. The press release noted that Binance is not operating either under supervision or as a regulated entity. дальше »
2021-7-9 16:30 | |
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Israeli Government orders seizure of Hamas-linked crypto wallets
The country’s Minister of Defence Benjamin Gantz signed the order for crypto wallets associated… The post Israeli Government orders seizure of Hamas-linked crypto wallets appeared first on Coin Journal. дальше »
2021-7-8 15:13 | |
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Korean investigation finds $1.48B in illegal overseas crypto transactions
More than 30 people are facing fines and prosecution in South Korea for allegedly contravening the country’s ban on overseas crypto transactions. дальше »
2021-7-8 14:26 | |
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Russia Drafting Law on Confiscation of Crypto Assets
Russian Prosecutor General Igor Krasnov has revealed that legislative amendments are being prepared on the confiscation of crypto assets. “A serious challenge is the criminal use of cryptocurrencies in our country,” he said. дальше »
2021-7-8 09:30 | |
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India’s Finance Minister says crypto bill is ready for the Cabinet
India is one step closer to establishing regulations to govern the crypto sector after Nirmala Sitharaman, the country’s Finance Minister, said the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 is ready. дальше »
2021-7-9 22:40 | |
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Iran’s Vice President Orders Licensed Crypto Miners To Suspend Operations
As Iran’s electricity disruptions continue, the country's Vice President has now charged all Bitcoin miners to stop operations altogether. Electricity Crisis May Continue Until August The Vice President, Eshaq Jahangiri, said that the current electricity situation for Iranians is likely to continue until early August. дальше »
2021-7-8 22:19 | |
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Currency devaluation in Nigeria is driving a crypto boom in the country
Data from analytics firm Chainalysis shows that in May, Nigerians received a marked increase in crypto compared to last December. The post Currency devaluation in Nigeria is driving a crypto boom in the country appeared first on CryptoSlate. дальше »
2021-7-7 18:00 | |
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Bank of Jamaica to begin digital currency pilot in August
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country. дальше »
2021-7-7 15:32 | |
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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. дальше »
2021-7-7 14:30 | |
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Report: Fintech’s Growing Popularity a Threat to Profitability of Nigerian Banks
Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, analysts from the country’s Coronation Merchant Bank (CMB) have warned. дальше »
2021-7-7 13:00 | |
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After El Salvador, What Bitcoin Adoption Means For Africa
In its line-up after El Salvador signed into law legislation making Bitcoin its legal tender, Tanzania, an East African country with about 58 million citizens became the latest to express interest in embracing decentralized finance. дальше »
2021-7-7 12:34 | |
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Iran orders even licensed crypto miners to immediately stop production
Iran has recently started making a number of moves to take crypto mining under control. After a recent bill that threatened to ban all foreign-mined cryptocurrencies, the country has now once again ordered its local miners to stop production immediately. дальше »
2021-7-7 12:27 | |
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India: Finance Minister Confirms Crypto Regulations are Incoming
India is getting closer to regulating cryptocurrencies on its own territory. The finance minister of India has presented an update on the country’s cryptocurrency bill, which the government has been working on. дальше »
2021-7-7 10:39 | |
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China Shuts Down Software Maker Over Suspected Crypto-Related Activity, Issues Industry-Wide Warning
The People’s Bank of China (PBOC), the country’s central bank, has shut down a software firm over suspected involvement in cryptocurrency transactions. The central bank also warned organizations not to “provide premises, commercial display, advertising … and other services for cryptocurrency-related business activities. дальше »
2021-7-7 06:30 | |
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Philippine Stock Exchange Plans To Become A Cryptocurrency Trading Platform
According to a recent report, the stock exchange in the Philippines is targeting to be the forerunner of cryptocurrency trading in the country. Once the SEC and financial regulators give their go-ahead guidelines, the stock exchange plans to kick-start the plan. дальше »
2021-7-7 01:13 | |
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“Top” Bitcoin Miner Predicts Bleak Crypto Future In China
The founder of Bitcoin mining pool BTC. TOP, Jiang Zhuoer, has made another prediction on the future of this sector in China. Large BTC mining operations have been forced out of the country, as the Asian Giant crackdowns on the industry. дальше »
2021-7-6 20:44 | |
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Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors
Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate. дальше »
2021-7-6 19:00 | |
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India’s Finance Minister Says Crypto Bill Ready for Cabinet
India’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We have taken stakeholders’ inputs,” she was quoted as saying. дальше »
2021-7-6 16:30 | |
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Nigerian Twitter Suspension Has Unintended Effects on Country’s Crypto Community
On the surface, it looks like Nigeria’s suspension of Twitter operations on June 4 may have been triggered by the microblogging company’s decision to take down a controversial tweet — from President Mohammed Buhari. дальше »
2021-7-6 14:30 | |
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Philippine Stock Exchange Intends To Become First Crypto Exchange Once Regulators Give Green Light
The Philippine Stock Exchange (PSE) plans to launch a cryptocurrency exchange once it receives a green light from the country’s financial regulator allowing cryptocurrency trading. According to the PSE, the growing demand for crypto-assets like Bitcoin and Ethereum has made it impossible for the exchange to turn a blind eye to the emerging digital assets […] дальше »
2021-7-6 17:51 | |
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The US just got its first legally recognized DAO
According to the announcement published yesterday, July 4th, the US state of Wyoming has just approved the first legally recognized DAO (Decentralized Autonomous Organization) in the country. A newly-formed DAO gets officially recognized in Wyoming The US state of Wyoming has been the crypto-friendliest state for quite some time now. дальше »
2021-7-6 15:27 | |
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Vietnam set to pursue a blockchain-based cryptocurrency project
The Southeast Asian country is looking to become the latest country to adopt a… The post Vietnam set to pursue a blockchain-based cryptocurrency project appeared first on Coin Journal. дальше »
2021-7-6 14:36 | |
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Vietnam: Prime Minister Instructs Central Bank to Pilot Crypto Implementation
Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlightedRead More дальше »
2021-7-5 13:00 | |
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Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. дальше »
2021-7-5 11:30 | |
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Report Shows United States At The Top Spot Among Crypto Ready Countries
Crypto Head recently published a report placing the United States on top of its list of “Crypto ready” countries. One indication that the country is ready to adopt cryptocurrencies is the whopping number of Bitcoin ATMs presently operating in the U. дальше »
2021-7-5 10:49 | |
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Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time the benchmark rate has been increased since November 2017. Rising Inflation […] дальше »
2021-7-5 01:30 | |
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New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market. дальше »
2021-7-4 19:30 | |
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