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Indian Government Review Bill That Proposed Ban on Cryptocurrencies

It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More дальше »

2021-6-17 19:00


IMF Calls for ‘Careful Analysis’ of Bitcoin as Legal Tender; BIS Head says It’s an ‘Interesting Experiment’

The International Monetary Fund (IMF) has voiced its displeasure on El Salvador’s move to become the first country in the world to adopt Bitcoin as legal tender. The law puts Bitcoin on equal footing with the US dollar in the country, which adopted the dollar as its official currency 20 years ago. дальше »

2021-6-11 17:25


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Elon Musk Slammed For Manipulative Greed As Bitcoin Gains First National Acceptance

From Miami to Manitoba, it’s a eureka moment for Bitcoin as it gets its first official national legal tender status. The announcement by El Salvador’s President Nayib Bukele – the current favorite president of the crypto-world – puts a big blue tick on the resilience and tenacity the world’s biggest and oldest cryptocurrency has shown […] дальше »

2021-6-9 15:40


MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses

While calling Bitcoin a “speculative asset,” which is very complex, the top central bank official Sopnendu Mohanty said, if people want to go out and buy such risky assets, “it is their choice.” The post MAS Receives Over 300 Applications Including Alphabet, Alibaba, & Binance for Payments and Crypto Exchange Licenses first appeared on BitcoinExchangeGuide. дальше »

2021-6-4 20:34


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Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […] дальше »

2021-6-2 11:00


Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity

As people look for a hedge against currency devaluation, inflation, and defaults, the value of Bitcoin surges to almost 5.9 million pesos compared to the 3.4 million pesos official rate. The post Argentines Are Now Getting into Bitcoin Mining Thanks to Subsidized Electricity first appeared on BitcoinExchangeGuide. дальше »

2021-6-2 21:35


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BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »

2021-6-1 05:00


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Ireland: Central Bank Official Warns Against Popularity of Cryptocurrencies

According to Derville Rowland, a leading official at Ireland’s central bank, the increasing popularity of cryptocurrencies like Bitcoin is of grave concern. The central bank’s CFO stated that crypto assets are speculative unregulated investments, and individuals have to be really aware that they can lose the entire investment. дальше »

2021-6-1 23:00


Irish Central Bank official says cryptos like Bitcoin are a ‘great concern’

Derville Rowland, Ireland Central Bank’s Director-General for Financial Conduct, said in an interview with Bloomberg today that cryptocurrencies such as Bitcoin are “of great concern. ” The bank’s official also addressed crypto investors saying “crypto-assets are quite a speculative, unregulated investment,” warning them to be “really aware they could lose the whole of that investment. дальше »

2021-6-1 22:00