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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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Bank of Russia to Launch Digital Ruble Pilot in 2021
Local reports from Russia indicate the country plans to complete its prototype for a digital ruble before the end of 2021. According to Prime, a financial news outlet, the central bank will launch pilot programs to test the CBDC in 2022 once the prototype is complete. дальше »
2021-3-14 18:41 | |
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Spanish Ministry of Economy Proposes to Create a Financial Customer Ombudsman for Crypto-Related Matters
Crypto regulation in Spain remains on the political talks amid the current bull-run seen in the bitcoin prices. Now, the country’s Ministry of the Economy is about to create a new Financial Customer Ombudsman for crypto-related matters. дальше »
2021-3-13 03:30 | |
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New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD
The stablecoin is built on Ethereum leveraging Circle, Coinbase, and Blockchain Labs frameworks. Audit reports on the reserves will be released quarterly, the report states. The post New Zealand Digital Asset Firm Launches Country’s First Compliant Stablecoin, $NZD first appeared on BitcoinExchangeGuide. дальше »
2021-3-12 21:42 | |
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Simplify files SEC registration for 'Equity PLUS Bitcoin ETF'
With the SEC still reluctant to approve an ETF in the country, U.S-based ETF issuers have been looking for more creative ways to structure their products. This seems to be the rationale behind SimpThe post Simplify files SEC registration for 'Equity PLUS Bitcoin ETF' appeared first on AMBCrypto. дальше »
2021-3-11 09:22 | |
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USA may have 'missed the boat' a bit on the question of cryptos: SEC's Peirce
United States' SEC Commissioner Hester Peirce thinks that the country may have "missed the boat" a bit when it comes to cryptocurrencies. In a recent interview with Thinking Crypto, Peirce, fondly The post USA may have 'missed the boat' a bit on the question of cryptos: SEC's Peirce appeared first on AMBCrypto. дальше »
2021-3-10 18:30 | |
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South Korea's Shinhan Bank collaborates with LG to build CBDC platform
South Korea’s Shinhan Bank will collaborate with the country’s central bank to issue a Korean Central Bank Digital Currency (CBDC). According to reports emerging from local South Korean media, The post South Korea's Shinhan Bank collaborates with LG to build CBDC platform appeared first on AMBCrypto. дальше »
2021-3-10 16:45 | |
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German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody services. дальше »
2021-3-10 07:30 | |
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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 | |
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Vietnam’s Finance Ministry not keen on regulating Cryptocurrencies
The Vietnamese Ministry of Finance has iterated that there is currently no legislation regarding the issuance and/or trading of cryptocurrency assets in the country and as such, activities involving crypto trading are profoundly discouraged. дальше »
2021-3-9 01:58 | |
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India Considers Crypto Experiments Instead of Ban
India has been in the spotlight regarding cryptocurrency regulations for over the last year. The country appears to be unsure, though, of what stance to take towards the growing popularity of blockchain technology. дальше »
2021-3-7 14:10 | |
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Legal Hurdles of Blockchain Application Jettisoned — Leveraging Liechtenstein Blockchain Act
To attain pioneering status in the auspicious sphere of tokenization, the inconspicuous country of Liechtenstein implemented the disruptive Liechtenstein Blockchain Act in January 2020. The post Legal Hurdles of Blockchain Application Jettisoned — Leveraging Liechtenstein Blockchain Act appeared first on BeInCrypto. дальше »
2021-3-6 17:09 | |
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South Korean Moms Are Taking the Lead in Buying Bitcoin Despite the Coronavirus Pandemic
As bitcoin prices keep exchanging hands above the $48k handle as of press time, South Korea notices a particular growing trend in a specific profile of crypto investors. A recent study revealed that a new era of “crypto moms” is emerging across the board in the country. дальше »
2021-3-6 00:00 | |
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Bybit to Cease UK Operations in Compliance with FCA Ban
Bybit has shuttered its operations in the United Kingdom. According to its latest announcement, it will cease rendering futures trading services to customers in the country from March 31. It has asked customers to close positions and withdraw balances before this date. дальше »
2021-3-5 12:49 | |
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Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. дальше »
2021-3-5 21:35 | |
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An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions
A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies. дальше »
2021-3-4 06:00 | |
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New York Attorney General Warns Against Crypto Investing, says It ‘Could Cause Devastating Losses’
New York Attorney General Letitia James has issued a warning against investing in cryptocurrencies. “There are extreme risks in investing in virtual or cryptocurrencies,” she said. According to her, it is imperative that they act to protect the wallets of the investors, and as such, “I’m warning New Yorkers and investors across the country that […] The post New York Attorney General Warns Against Crypto Investing, says It ‘Could Cause Devastating Losses’ first appeared on BitcoinExchangeGuide. дальше »
2021-3-3 18:59 | |
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Miami Mayor dismisses Treasury Secretary Yellen's criticism of Bitcoin
Over the past few weeks and months, Miami and Mayor Francis Suarez have been working towards positioning the city as the country's premier crypto-hub. "We want to be one of the most crypto-forward andThe post Miami Mayor dismisses Treasury Secretary Yellen's criticism of Bitcoin appeared first on AMBCrypto. дальше »
2021-3-2 11:30 | |
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Nigeria’s Vice President makes a surprising case for Cryptocurrencies
A contradictory statement has recently been made by Nigeria’s Vice president Prof. Yemi Osinbajo, concerning the recently imposed Cryptocurrency ban by the country’s Central bank. The Vice President explained at the CBN bankers committee economic summit, that digital currencies are an inevitable part of the country’s economy. дальше »
2021-3-2 11:23 | |
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Spanish Court Orders the Investigation of Possible ‘Computer Fraud’ on Bittrex Exchange After a User Loses 1.3 BTC
A Spanish Court has issued an order compelling a division within the country’s police to investigate the possible existence of “computer fraud” on the Bittrex cryptocurrency platform. дальше »
2021-3-2 10:30 | |
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India: Are authorities really seizing crypto hardware wallets?
While the lack of regulations for cryptocurrencies has evolved into a problem in India, crypto-users in the country have not been discouraged yet, with many seeking ways to get on the same page as lawThe post India: Are authorities really seizing crypto hardware wallets? appeared first on AMBCrypto. дальше »
2021-2-27 16:35 | |
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Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary authorities must consider providing a “robust regulatory regime” that addresses their […] дальше »
2021-2-28 06:30 | |
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Belarus Government Could Consider Exploring Crypto Mining Says Energy Minister
The Belarus government is exploring the prospects of tapping into the crypto mining industry to utilize its excess energy supply. Crypto Mining on The Agenda Belarus Energy minister Vikto Karankevich confirmed this development during a meeting with other energy stakeholders in the country. дальше »
2021-2-27 02:00 | |
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Thailand Authorities Are Targeting Japanese Crypto Holders to Boost Tourism
Thailand seems to be interested in catching Japanese crypto holders’ attention via tourism. The country wants to establish a crypto-friendly touristic hotspot and the first targeted country is the nation of the rising sun. дальше »
2021-2-23 12:05 | |
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Interview: Bitcoin In Nigeria With Ahyke Otutubuike
This episode of "Bitcoin In Asia" hosted Nigerian writer Ahyke Otutubuike to discuss the state of cryptocurrency in his home country. The post Interview: Bitcoin In Nigeria With Ahyke Otutubuike appeared first on Bitcoin Magazine. дальше »
2021-2-23 00:00 | |
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Nigeria’s SEC and Central Bank Partner to “Look Into” Cryptocurrencies Weeks After Ban
After a few weeks of placing a ban on cryptocurrency trading in the country, the Central Bank of Nigeria has agreed to partner with the country’s SEC to study cryptocurrencies further for a better regulation strategy. дальше »
2021-2-23 22:42 | |
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Nigeria – The People Fight Back Against Central Bank Cryptocurrency Limitations
Nigeria’s central bank recently made headlines enforcing cryptocurrency restrictions on how the country’s banking sector works. Specifically, CBN reminded regulated financial institutions yesterday that a 2017 regulation prohibits them from facilitating cryptocurrency transactions or facilitating payments for exchanges. дальше »
2021-2-23 22:35 | |
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Nigerian Crypto Shut-Out Won’t Depress New Defi And Digital Asset Banking
It’s an aggressive strategy, but one that many Nigerians believe will ultimately end up failing. The Central Bank of Nigeria has announced a ban on using traditional banking structures to buy, sell or trade cryptocurrencies within the country. дальше »
2021-2-23 18:47 | |
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Crypto Scams Constitute Two-thirds of Reported Investment Fraud in Austria
Austrian regulators say crypto scams are the most reported forms of investment fraud in the country ahead of the usual suspects like stock or gold schemes. Authorities in the country are trying to firm up virtual currency regulations to combat the menace of such criminal activities while regulated trading in digital assets continues to enjoyRead More дальше »
2021-2-20 22:00 | |
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Russian Legislators Advance the Crypto Tax Bill Recognizing Digital Assets as Property
The world’s largest country is moving closer to setting up crypto taxation laws after the lower representative house. State Duma passed the first reading on the draft bill affecting digital assets. дальше »
2021-2-19 21:55 | |
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Mastercard launches CBDC-linked prepaid card in The Bahamas
Global payments processing giant Mastercard and digital payments platform Island Pay have launched a CBDC-linked prepaid card in The Bahamas. The prepaid card will be loaded with the country’s centrThe post Mastercard launches CBDC-linked prepaid card in The Bahamas appeared first on AMBCrypto. дальше »
2021-2-18 08:45 | |
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Second Bitcoin ETF Goes Live in Canada as US Firms Await SEC Approval
Canada has approved an exchange-traded fund from Evolve Funds Global Group Inc. The country is blazing the trail, while American firms hope 2021 finally becomes the year of the Bitcoin ETFs. The post Second Bitcoin ETF Goes Live in Canada as US Firms Await SEC Approval first appeared on BitcoinExchangeGuide. дальше »
2021-2-18 22:59 | |
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Dubai Government Department to Accept Bitcoin Payments
Entrepreneurs from around the world will now be able to set up and scale up more easily in Dubai and the United Arab Emirates (UAE), the country’s first English-language newspaper said. Kiklabb announced that customers can pay for services using some of the most popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). дальше »
2021-2-18 22:50 | |
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Bitcoin, Ethereum, and Tether can now be used to pay for trade licenses and visa fees in the UAE
Cryptocurrencies in the UAE could be on their way to public adoption, with the government setting the pace. KIKLABB, a government-owned licensing body has become the first public entity in the Arabic country to accept crypto payments. дальше »
2021-2-18 20:20 | |
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Indian govt proposes total crypto ban
The Indian government has again sowed crypto confusion in the country, proposing a new law that will outlaw crypto entirely, while at the same time talking about launching an official digital Rupee. Aditya Das investigates. дальше »
2021-2-18 16:00 | |
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Mastercard and Island Pay Launch World’s First Central Bank Digital Currency-Linked Card
Today, Bahamians received even greater flexibility in how they shop and pay using the country’s digital currency, the first of its kind. Under a new... дальше »
2021-2-17 15:40 | |
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Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert
Bitcoin-buying frenzy among major companies could hit Mexican firms soon, as interest keeps increasing across the country. An expert is expecting that local businesses will follow the same path as mainstream U. дальше »
2021-2-17 03:00 | |
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Russia introduces draft law to tax cryptocurrency as property
Russia’s State Duma Committee has begun preparing new legislation for cryptocurrencies. According to an official announcement made earlier today, the country’s lawmakers noted the introduction of The post Russia introduces draft law to tax cryptocurrency as property appeared first on AMBCrypto. дальше »
2021-2-16 18:30 | |
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India’s proposed Bitcoin ban triggers the genesis of an underground cryptocurrency market
A recent revelation from a senior Finance minister in India has sent investors in the country into panic mode. The minister who requested to remain anonymous confirmed that the country’s new law will include the banning of cryptocurrency usage of all kinds. дальше »
2021-2-16 15:24 | |
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