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27% Of Americans Support The US Making Bitcoin A Legal Lender Following El Salvador’s Adoption
On September 7, El Salvador became the first country in the world to make Bitcoin a legal tender, granting the leading cryptocurrency legal currency status. The move made headlines across all prominent media outlets, prompting many to wonder if this would be the start of a trend. дальше »
2021-9-14 13:54 | |
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Protests in El Salvador intensify following the passing of the Bitcoin Law
El Salvador made history on Tuesday as the Bitcoin Law came into effect, sanctioning the leading cryptocurrency as legal tender in the South American country. The post Protests in El Salvador intensify following the passing of the Bitcoin Law appeared first on CryptoSlate. дальше »
2021-9-11 19:00 | |
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Singapore grants city-state's first crypto-license to FOMO Pay
Singapore has made significant strides in regulatory proactiveness as far as the cryptocurrency industry is concerned. One of the nation's largest payment providers in the country, FOMO Pay, has now bThe post Singapore grants city-state's first crypto-license to FOMO Pay appeared first on AMBCrypto. дальше »
2021-9-1 21:30 | |
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Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender
The news of El Salvador passing the law on Bitcoin as legal tender had made headlines in June. As the date on which it takes effect, draws near (7 September), the country's President shared a few updaThe post Will everyone realize this 'reality' about El Salvador's adoption of Bitcoin as legal tender appeared first on AMBCrypto. дальше »
2021-8-24 13:02 | |
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Could The New “China Model” Be The Reason The Country Banned Bitcoin Mining?
What is the new “China Model”? And why would that country ban an industry that made them the ultimate leaders in the most important development in recent times? The world is still scratching its head. дальше »
2021-8-11 05:02 | |
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What part of Bitcoin as national currency is a 'step too far'
Since El Salvador’s president made the announcement to make Bitcoin legal tender in the country, equal amounts of praise and criticism have been thrown its way. Even as crypto enthusiasts have repeaThe post What part of Bitcoin as national currency is a 'step too far' appeared first on AMBCrypto. дальше »
2021-7-28 22:00 | |
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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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“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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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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CBDC: Chinese Residents Can Now Convert DCEP to Cash at ATM Points
The Industrial and Commercial Bank of China (ICBC), has now made it possible for Chinese residents to easily exchange their DCEP, the nation’s digital renminbi for fiat yuan and vice versa, at thousands of automated teller machine (ATM) locations in the country, according to a report on June 18, 2021. дальше »
2021-6-19 00:00 | |
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Iran Minister Proposes Kish Island As Crypto Exchange Hub
Iran’s ICT minister has made a proposal that the Persian Gulf island of Kish should be transformed into a crypto exchange hub. Kish is an island off the Persian Gulf coast in Southern Iran, and it hosts one of the country’s free trade zones. дальше »
2021-6-18 20:31 | |
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Bitcoin Made Americans More Than $4.1 Billion In 2020, New Data Reveals
During the peak months of COVID, interest in bitcoin and cryptocurrencies skyrocketed in the United States, and now many traders in the country are profiting from it. According to Chainalysis, an analytical firm specializing in blockchain technology, Americans have seen their bitcoin assets return more than $4 billion. дальше »
2021-6-15 00:33 | |
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Iran’s Government Mulls Legal Framework for Crypto Regulations
The President of Iran, Hassan Rouhani, is looking to establish regulatory policies for the cryptocurrency industry. Meanwhile, crypto mining activities remain banned in the country. Iran Planning to Create Crypto Regulatory Policy According to local news media, the Iranian President made the statement while presiding over the Economic Coordination Board meeting held on Tuesday (JuneRead More дальше »
2021-6-11 13:00 | |
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Has Bitcoin (BTC) officially become El Salvador’s currency? Wikipedia thinks so
Earlier this week, El Salvador announce its plans to make Bitcoin (BTC/USD) a legal tender in the country. Now, it seems the country’s congress has made this plan a reality, as Wikipedia listed the cryptocurrency as one of its official currencies. дальше »
2021-6-10 11:49 | |
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Paraguay joins the crypto train, says ‘Bitcoin to the moon’
Paraguay is setting an important project in motion this week, hinting at Bitcoin (BTC) and its legal tender status, announced congressmen Carlitos Rejala in a tweet. Only a day after the announcement made by the El Salvador President Nayib Bukele on Twitter, it seems Paraguay is going to be the next country racing to legalize […] The post Paraguay joins the crypto train, says ‘Bitcoin to the moon’ appeared first on CryptoSlate. дальше »
2021-6-7 21:00 | |
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Why Bitcoin Declared Legal Tender Could Have Major Implications Beyond El Salvador
The adoption of the Bitcoin Standard by nation-states has begun. El Salvador will become the first country to declared BTC a legal tender. The announcement was made recently; the crypto space and its industry are still processing its impact. дальше »
2021-6-7 20:29 | |
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South African Crypto Exchanges Confirm Receiving Request for Client Data From Tax Collection Body
Three leading cryptocurrency exchanges from South Africa recently confirmed receiving a request for client data from the country’s revenue collector. In a joint statement, the exchanges, (namely Altcointrader, Luno, and Valr) said this request, which targets a “selection of customers”, has been made “in terms of section 46 of the (South African) Tax Administration Act.” […] дальше »
2021-6-3 08:30 | |
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Will Nigeria Lead The Digital Currency Movement In Africa?
Nigeria’s apex regulatory bank, The Central Bank of Nigeria (CBN), earlier this week hinted at its plans to create a digital Naira. Godwin Emefiele, the nation’s CBN Governor, made this disclosure at a Monetary Policy meeting held in Abuja, the country’s capital. дальше »
2021-5-30 21:43 | |
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South Korean Governor Becomes the First Politician to Disclose Publicly His Cryptocurrency Holdings in the Country
Regardless of the political turmoil that arose in South Korea due to the crypto-related regulations, a leading politician had come forward to reveal that he had made investments in virtual currencies publicly. дальше »
2021-5-22 01:30 | |
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Dutch central bank revokes wallet-verification requirement for bitcoin exchange Bitonic
CryptoNinjas » Dutch central bank revokes wallet-verification requirement for bitcoin exchange Bitonic Bitonic, a Netherlands-based bitcoin exchange company, announced that De Nederlandsche Bank NV (DNB), the central bank of the country, has acknowledged a recent objection made by Bitonic with regard to the so-called wallet verification requirement. дальше »
2021-5-21 00:23 | |
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Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: Report
The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use of cryptos rather than a total […] дальше »
2021-5-20 08:30 | |
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Turkey’s central bank moves to ban crypto payments
Recently, the population of Turkey started turning heavily to cryptocurrency payments due to the country’s struggles with the traditional economy. However, the country’s Central Bank seems to have disliked this turn of events, as it made a move to prohibit crypto users from using their assets to make payments. дальше »
2021-4-16 12:50 | |
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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 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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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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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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Bitcoin has made the Naira almost useless, says Nigerian Senator
A cross-section of Nigerian senators have reacted to the recent Bitcoin ban enacted by the country’s central bank.
дальше »2021-2-12 17:15 | |
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Japan’s first regulatory approved gaming token Enjin (ENJ) surges 71% in a week
Enjin Coin (ENJ) token recently received regulatory approval from Japan’s regulatory body, has surged by 71% in the market. The coin made history after becoming the first gaming cryptocurrency to be whitelisted for use in the country. дальше »
2021-1-20 13:54 | |
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Gold Exceeds U.S. Dollars in Russia’s Reserves as Putin Focuses on De-Dollarization
Russia is now holding more gold than U. S. dollars in its reserves for the first time, according to the latest report by Russia’s central bank. Russian President Vladimir Putin has made de-dollarization his country’s key policy to reduce the Russian economy’s exposure to the U. дальше »
2021-1-17 10:15 | |
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Ukraine chooses Stellar for the development of its CBDC
Ukraine’s Ministry of Digital Transformation has signed an MoU with the Stellar Development Foundation (SDF) to use the Stellar Network in the development of the country’s CBDC. A press release unveiled this news on January 4, noting that the two parties made this deal on December 28, 2020. дальше »
2021-1-4 22:08 | |
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FBI Warns Ransomware Gangs Are Harassing Victims via Telephone Calls to Pay Crypto Ransoms
The U. S. Federal Bureau of Investigation (FBI) has released an alert that warns private industry in the country about incidents of harassment of victims made by ransomware gangs, such as the well-known Doppelpaymer group. дальше »
2020-12-19 09:03 | |
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Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being inexplicably transferred to some cryptocurrency traders. дальше »
2020-12-14 15:30 | |
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Survey: 1 in 4 Senior Executives in Uruguay Have Used Cryptocurrencies
A survey made in Uruguay across different business sectors revealed that 24% of the 49 senior executives (1 in 4) from companies in the country claimed to have used cryptocurrencies at any point in their lives. дальше »
2020-12-13 12:00 | |
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The Canadian tax authority is after Coinsquare’s user data
Canada’s tax authority, the Canadian Revenue Agency (CRA) has been trying to seek out the country for anyone who may have made gains for trading crypto. There is a strong suspicion that many have not paid their taxes on their crypto earnings, and so CRA took legal action against crypto exchange Coinsquare in order to force it to hand over seven years of user data. дальше »
2020-11-7 11:24 | |
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Iranian Authorities Eye Bitcoin (BTC) for Payment of Imports
The Iranian government has made it compulsory for bitcoin (BTC) miners in the country to sell their coins to the state, so authorities can use the digital currency to pay for imports amidst crippling international sanctions, according to reports on October 30, 2020. дальше »
2020-10-31 20:00 | |
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Iran started using Bitcoin as a legal medium of exchange
According to a recent report citing the Islamic Republic News Agency (IRNA), Iran has just become the first country to use Bitcoin (BTC) as a legal means of exchange. The country made this move due to the most recent wave of sanctions by the US’ Treasury Department. дальше »
2020-10-30 12:15 | |
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Iranian Govt Approves Industrial Crypto Mining by Power Plants in the Country
The government of Iran has approved a decision that would allow industrial-scale powerplants in the country to operate bitcoin miners in their plant, given they don't use subsidized fuel. The announcement was made on July 27th in the Islamic Republic News Agency (IRNA), a local publication. дальше »
2020-7-31 23:13 | |
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South Korea will implement a 22% tax law on Cryptocurrencies come 2021
The South Korean government has ordered the implementation of a tax law that will require a variety of assets to pay taxes. Said tax law will be effective in 2021; five months from now. The announcement was made on the 22nd of July by the country’s Ministry of Strategy and Finance with a “2020 Tax […] дальше »
2020-7-23 10:15 | |
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Italian Banking Association Wants A Digital Euro; Ready to Participate in Pilot Program
Italian Banks are ready to participate in the launch of a digital Euro according to an announcement last week by the country's banking association (ABI). This body made up of over 700 banks said in a statement that it would be willing to speed up the roll-out of an ECB backed digital currency. Talks in […] дальше »
2020-6-22 18:52 | |
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Venezuela Changes Policy to Enable Paying For Fuel With Petro Cryptocurrency
Venezuela has made a major change to its policy which offered subsidized fuels to its citizen amid a shortage of fuel across the country due to American sanctions. The policy change would mean that now, Venezuelans would have to pay for the fuel which they got almost for free under subsidies of the government. The […] дальше »
2020-6-3 21:34 | |
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China’s First Civil Code Allows Citizens to Inherit Cryptocurrency
The Chinese Parliament has adopted the country’s first Civil Code, which among other things, enables citizens to inherit bitcoin and other cryptocurrencies. Crypto Inheritance Now Allowed in China In a report by local news outlet Xinhua News on Thursday (May 28, 2020), the adoption of China’s first Civil Code was made during the third sittingRead MoreRead More. дальше »
2020-5-29 15:14 | |
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Albania Approves Europe’s Most Comprehensive Crypto Law Yet
The new law aims to regulate all the transactions made with digital tokens and virtual currencies in the country
дальше »2020-5-22 22:45 | |
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TPBank Leverages RippleNet to Boost Vietnamese International Remittances
Japan has recently seen an influx in the number of foreign workers living there as the country grapples with a chronic labor shortage. Lax immigration rules, all thanks to the recent deregulation of strict immigration law in 2019, have made it easier for foreign job seekers to easily move and get jobs in Japan. We're […] дальше »
2020-5-1 19:26 | |
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Wall Street Billionaire Made $2.8Bn While Stoking Coronavirus Panic
It appears Wall Street billionaire Bill Ackman tried to sell out his country to make an even bigger fortune during the coronavirus crisis. The post Wall Street Billionaire Made $2.8Bn While Stoking Coronavirus Panic appeared first on CCN.com дальше »
2020-3-28 21:15 | |
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