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Cryptos are 'promising,' but not assets in their purest form, says Ukrainian Minister
Ukraine's newly-nominated Finance Minister is in the news today after he put forward plans to regulate the country's domestic crypto-market. While the minister did express concerns with regard to doubThe post Cryptos are 'promising,' but not assets in their purest form, says Ukrainian Minister appeared first on AMBCrypto. дальше »
2021-3-30 20:30 | |
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Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments
Venezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. дальше »
2021-3-30 10:00 | |
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Inflation fears open massive entrance for new money to be stashed into Bitcoin
According to new reports, inflation fears are already gripping more than half of the American population. In a research conducted by CivicStudy, it was discovered that residents of the United States are bracing themselves for the inflation that could rattle the country in the near future. дальше »
2021-3-29 23:35 | |
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On The Possibilities Of Bitcoin Getting Outlawed; Is Ray Dalio Right?
In a recent interview with Andy Serwer, Yahoo’s Finance Editor-in-Chief, Ray Dalio had this to say: “Every country treasures its monopoly on controlling the supply and demand. They don’t want other monies to be operating or competing, because things can get out of control. дальше »
2021-3-29 22:57 | |
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Coinbase has India in Global Expansion Plans Despite Regulatory Uncertainties
Coinbase cryptocurrency exchange has announced via a March 25, 2021 blog post, that it’s hiring tech experts in India to man its office in the state. This comes at a time when regulatory clarity in the country’s crypto ecosystem is still absent. дальше »
2021-3-26 00:00 | |
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India's central bank claims govt. shares its 'major concerns' about cryptos
Indian government and regulators have been trying to take a firm position on the use and supply of cryptocurrencies in the country. Even though the Finance Minister of the country, Nirmala Sitharaman,The post India's central bank claims govt. дальше »
2021-3-25 17:15 | |
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Bitcoin Sell-Off Worsens as US Jobless Claims Hit Pandemic Low; What’s Next?
Bitcoin edged lower Thursday after the jobless claims in the United States reached their lowest level of the pandemic, confirming that the country’s economy is recovering at a faster rate. The benchmark cryptocurrency fell to as low as $50,305 ahead of the New York opening bell, continuing its decline from the previous five sessions as […] дальше »
2021-3-25 16:23 | |
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Crypto exchange Coinbase set to expand operations in India
In a blog post, Coinbase announced that it plans to establish a business presence in India. The cryptocurrency exchange said it wants to carry out some customer support operations, software development, engineering, and IT services in the country. дальше »
2021-3-25 11:24 | |
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OKEx Korea to Shut Down In Two Weeks; New AML Laws Coming Into Effect for VASPs
OKEX Korea is closing its doors to investors in the country on April 7, 2021. The upcoming VASP laws could be the reason the exchange is shutting down its operations. The post OKEx Korea to Shut Down In Two Weeks; New AML Laws Coming Into Effect for VASPs first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 21:54 | |
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Crypto-market's 'overheating' can be a problem: South Korean minister
Historically, South Korea has often been seen as a very crypto-friendly country. Of late, however, such a reputation has taken a beating, especially in light of the nature of the new crypto-regulationThe post Crypto-market's 'overheating' can be a problem: South Korean minister appeared first on AMBCrypto. дальше »
2021-3-24 15:30 | |
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A Detailed Guide on CBDC: Central Bank Digital Currencies
What is a CBDC? A CBDC, or a “central bank digital currency,” is a virtual rendering of a country’s government backed, central bank controlled currency, as you can probably glean from the title. In other words, they can be called a national cryptocurrency. дальше »
2021-3-24 14:54 | |
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FCA Survey Reveals Younger Investors are Oblivious to Risks Associated With Crypto and Forex Investments
A research conducted by a consulting firm commissioned by the UK Financial Conduct Authority (FCA), showed that younger consumers in the country were involved in high risk investments such as cryptocurrencies. дальше »
2021-3-24 14:01 | |
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New regulations forces OKEx South Korea to close operations
Cryptocurrency exchange OKEx has announced it will be shutting down its South Korea operations amidst the implementation of strict anti-money laundering regulations in the country. OKEx says it’s not willing to comply with the new law Apart from the regulatory concerns, OKEx says the company took the winding down decision because the actual profit from […] The post New regulations forces OKEx South Korea to close operations appeared first on Invezz. дальше »
2021-3-25 12:58 | |
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PBoC Official Explains Why Digital Yuan Won’t Be Fully Anonymous
Chinese officials are willing to ensure digital anonymity for the country’s central bank digital currencies (CBDCs), but only for a small class of transactions. Total Anonymity of CBDCs Impossible According to a local news outlet, an official of the People’s Bank of China (PBoC), Mu Changchun, has said that a completely anonymous digital yuan is […] The post PBoC Official Explains Why Digital Yuan Won’t Be Fully Anonymous first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 20:15 | |
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Despite Being The World’s Most Cashless Country, Norway Is Playing Chicken On Bitcoin Adoption. Here’s Why
The use of physical cash in Norway has slumped dramatically and the COVID-19 pandemic has inadvertently accelerated the journey towards being a cashless society. In fact, reports say that the Nordic country now has the lowest cash use in the whole wide world. дальше »
2021-3-24 20:10 | |
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Norway Central Bank Governor: Bitcoin is ‘Too Costly’ to be Used and Doesn’t Preserve Stability
The world’s most cashless country doesn’t want its people to use Bitcoin as an alternative. The post Norway Central Bank Governor: Bitcoin is ‘Too Costly’ to be Used and Doesn’t Preserve Stability first appeared on BitcoinExchangeGuide. дальше »
2021-3-24 18:04 | |
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Crypto Exchange OKEx Is Shutting Down In South Korea
OKEx cryptocurrency exchange has said it will terminate its South Korea-based business, following the introduction of an updated Anti-Money-laundering (AML) in the country. The exchange’s spokesperson said OKEX chose to resign rather than try to fight the tough regulatory regime which would make it impossible to continue operating in South Korea. “OKEx Korea service has […] дальше »
2021-3-24 16:53 | |
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China CBDC Research Head: Digital Yuan Has Highest Privacy Protection
According to a claim made by Mu Changchun, the head of the central bank’s digital currency research institute of China, the country’s digital yuan has the highest privacy protection. Changchun made the remarks at the China Development Forum 2021, saying that there should be no concerns regarding privacy. дальше »
2021-3-23 11:56 | |
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Nigeria’s Central Bank Okays Peer-to-Peer Bitcoin Trading
The Central Bank of Nigeria (CBN) has clarified its stance towards bitcoin (BTC) and other cryptocurrencies, making it clear that crypto traders in the country are free to carry out their operations on a peer-to-peer basis, as its ban did not outlaw the use of cryptos, but it’s rather an effort to protect lenders underRead More дальше »
2021-3-23 00:00 | |
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Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor
The Central Bank of Nigeria (CBN) said they never banned the use of cryptocurrencies in the country, and they are not discouraging people from trading with crypto assets either. The clarification came from Godwin Emefiele, deputy governor Adamu Lamtek, on behalf of Godwin Emefiele, the governor of the central bank, at the 30th seminar for […] The post Central Bank of Nigeria Never Banned Cryptocurrency Trading, Clarifies Governor first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 16:21 | |
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Report: India could Block IP Addresses of Cryptocurrency Exchanges
According to a Business Standard report, uncertainty around cryptocurrencies in India continues as the government is considering blocking the internet protocol (IP) addresses of prominent crypto exchanges in the country. дальше »
2021-3-22 16:01 | |
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Turkish Lira (TRY) Crashes 15% in a Single Day; Bitcoin (BTC) Starts A Green Week Above $58k
This big fall in Turkish Lira against USD to nearly record low from November has the country's people curious and searching about Bitcoin. The post Turkish Lira (TRY) Crashes 15% in a Single Day; Bitcoin (BTC) Starts A Green Week Above k first appeared on BitcoinExchangeGuide. дальше »
2021-3-22 16:00 | |
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Thai Central Bank Declares Baht-Pegged Stablecoin Illegal in Violation of Currency Law
Thailand’s central bank has declared a stablecoin pegged to the Thai Baht illegal, citing violation of the country’s currency law. The Bank of Thailand (BOT) is currently working on a regulatory framework for stablecoins. дальше »
2021-3-21 04:30 | |
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Crypto Investment A Major Priority For Nearly Half Of Stimulus Recipients
Missing out on investing in the world’s most valuable digital assets is a risk that a handful of Gen Zs and Millennials residing in the United States are not willing to take. Even though the $1,400 stimulus bill for this year (for citizens of the country to aid themselves through the global pandemic) is considered […] дальше »
2021-3-20 16:17 | |
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Morgan Stanley reportedly set to buy Bithumb exchange for over $400 million
American multinational investment bank and financial services company Morgan Stanley is rumored to be bidding for leading South Korean cryptocurrency exchange Bithumb. According to the country’s local media outlet, Morgan Stanley is already in the negotiation process, which will allow the bank to acquire stakes in Bithumb. дальше »
2021-3-20 22:21 | |
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Brazil SEC becomes second country to approve Bitcoin ETF
Securities and Exchange Commission of Brazil better known as CVM today approved the first Bitcoin exchange-traded fund (ETF) in the Latin American region. The fund in question was applied by asset manThe post Brazil SEC becomes second country to approve Bitcoin ETF appeared first on AMBCrypto. дальше »
2021-3-19 19:00 | |
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Ireland’s Apex Bank Extends AML Guidelines to Cryptocurrency Sector; Stripping Ability to Trade Anonymously
There will be no more anonymous trading for cryptocurrency traders in Ireland as the country ushers in new regulations that would change the crypto landscape. Cryptocurrency firms now have to register with the central bank and institute anti-money laundering (AML) guidelines or close shop. дальше »
2021-3-18 17:24 | |
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Japan’s Central Bank Gearing up for CBDC Experimentation
Haruhiko Kuroda, the Governor of the Bank of Japan (BOJ) has hinted that the country’s plans to conduct a central bank digital currency (CBDC) is still very much on course and experiments will begin this spring, according to a Reuters report on March 16, 2021. дальше »
2021-3-18 00:00 | |
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Binance CEO Backs Indians in their Quest to Revive Crypto Usage in the Country
The founder of leading cryptocurrency exchange Binance has spoken against the cryptocurrency ban soon to be enforced by the Indian government. While speaking to a local news outlet, Changpeng Zhao explains that making cryptocurrencies illegal to hold will place a limitation on Indian residents, as the asset itself is licit. дальше »
2021-3-18 14:21 | |
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South Korean Tax Agency Identifies Over 2,400 Evaders Who Used Cryptocurrencies to Bypass Taxation
South Korean authorities seem to be focusing on strengthening measures to combat tax evasion across the nation. The country’s tax watchdog profiled thousands of evaders that relied on cryptocurrencies to hide assets worth billions of Korean won. дальше »
2021-3-17 08:30 | |
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AdvCash Card Review: Crypto Card That Is Yet To Launch!
Advanced Cash – or in short AdvCash – is a remittance platform licensed by the International Financial Services Commission of Belize and situated in Belize City, Belize, a Caribbean country located on the north-eastern coast of Central America. дальше »
2021-3-16 18:40 | |
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Singapore Based BitXmi Exchange Offers Exciting Features to Global Userbase
The BitXmi exchange continues to grow in popularity both in its home country of Singapore, and with customers around the world. This is thanks in large part to their commitment to lower overall fees, an excellent selection of top tradable assets, and a growing number of exciting features that they are offering. If you haven’tRead More дальше »
2021-3-16 16:22 | |
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India’s Finance Minister Says Government Would Allow Citizens Experiment on Crypto
While uncertainties surround India’s cryptocurrency industry with rumors about an impending ban on crypto ownership, the country’s Finance Minister stated that the government was not going to block all options regarding cryptocurrency. дальше »
2021-3-16 06:30 | |
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India To Criminalize Private Crypto Ownership Despite Community Outcry
According to a senior government official familiar with the situation, the Indian government is working on legislation that will see private ownership of cryptocurrencies criminalized. India’s Crypto Ban Is Still On Course In a Reuters report published on Monday, an unnamed government official said the legislation banning cryptocurrencies in the country is in its final […] The post India To Criminalize Private Crypto Ownership Despite Community Outcry first appeared on BitcoinExchangeGuide. дальше »
2021-3-15 19:40 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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