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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


Blockstream’s Liquid Network Battles Transaction Pile Up Due To Functionary Upgrade

Canadian-based Bitcoin sidechain Liquid Network is having difficulty validating transactions on its network. Transaction Pile Up Caused By ‘Functionary Upgrade’ The Blockstream-owned multichain solution announced via Twitter that there was an issue with the network, and they were working to resolve it. дальше »

2021-10-5 17:35


Rise in illegal crypto transactions, as efforts for stricter regulations ramp up in South Korea

South Korea has been witnessing a surge in the use of cryptocurrencies in illegal foreign exchange transactions. While the uptrend was witnessed after the onset of Covid-19, local reports suggest thatThe post Rise in illegal crypto transactions, as efforts for stricter regulations ramp up in South Korea appeared first on AMBCrypto. дальше »

2021-10-4 21:00


DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown

A little over a week ago, China renewed its hostilities towards the crypto industry as it declared all crypto transactions within its jurisdiction “illegal.” This new regulation, while it has had some negative impacts on the price of the leading digital asset, Bitcoin, alongside other cryptocurrencies in the market, the winners in the current shakedown […] The post DeFi tokens SUSHI, SNX, UNI emerge as winners after China’s crypto crackdown appeared first on CryptoSlate. дальше »

2021-10-2 11:00


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The U.S. Will Not Mirror China’s Ban On Cryptocurrencies, Fed Chair Powell Tells Congress

The United States will not follow the example of China in imposing an outright ban on cryptocurrencies but is looking at regulating stablecoins, the Fed Chairman said on Thursday. The Fed Has “No Intention” Of Banning Cryptocurrencies The United States Federal Reserve does not intend to ban all cryptocurrency transactions, the chairman Jerome Powell emphasized […] дальше »

2021-10-1 01:29


Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum

China declaring all crypto transactions illegal sent shockwaves through Asia's fintech market. It adversely impacted Hong Kong as well; not just crypto exchanges, but firms and stocks related to cryptThe post Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum appeared first on AMBCrypto. дальше »

2021-9-27 17:30


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China Ban Causes Surge in Decentralized Exchanges Tokens UNI, SUSHI, BNT

Cryptocurrency investors have turned bullish on Decentralized Exchange (DEX) tokens in the wake of China’s most recent ban on cryptocurrency.  On Friday 27 September, The People’s Bank of China (PBOC) – which exercises regulatory control over one of the world’s largest cryptocurrency markets – declared that all cryptocurrency transactions are “illegal financial activities”, adding thatRead More дальше »

2021-9-27 17:00


Dogecoin Price Drops Almost 10% Following China’s Crypto Ban

Dogecoin’s price has dropped almost 10% following China’s statement that crypto transactions and services are illegal in the nation. As China Declares Crypto Transactions Illegal, Dogecoin Plunges Almost 10% According to a report from Bloomberg, China’s central bank has put out a statement saying that all crypto transactions and services are illegal in the country. дальше »

2021-9-25 17:03


China Calls All Crypto Transactions Illegal, Bitcoin Drops $4k In Response

China’s central bank has announced that all crypto-related transactions and services are now illegal. In response, Bitcoin drops down to $41k from $45k. China Announces All Crypto Transactions And Activities Are Illegal As per a report from Bloomberg, China has intensified its crackdown on crypto and Bitcoin as the nation’s central bank says all digital […] дальше »

2021-9-25 15:04