Israel’s New President Sworn in with an NFT, Ministry of Defense Orders Seizure of Crypto Wallets

The Bank of Israel Deputy Governor is also more concerned about financial stability, citing the rush to cryptos than inflation as such “enough reasons to be patient” with monetary policy and to allow it to be accommodative enough to continue to support the economy. дальше »

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Hedge Fund Giant, Marshall Wace, Is Now Betting on Crypto with A Special Focus on Stablecoins

London-based hedge fund Marshall Wave is the latest giant to enter the cryptocurrency industry reported FT citing people familiar with the plans. The investment firm, which manages $55 billion in assets, will target investments in areas including blockchain technology, payments systems for digital currencies, and stablecoins, with the latter being a specific focal point of […] The post Hedge Fund Giant, Marshall Wace, Is Now Betting on Crypto with A Special Focus on Stablecoins first appeared on BitcoinExchangeGuide. дальше »

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U.K. Multinational Bank Barclays Blocks All Payments To Binance, Citing Notice From FCA

British banking giant Barclays is prohibiting customers from using their debit and credit cards to make payments to the world’s largest cryptocurrency by trading volume, Binance. Barclays appears to be sending text messages to their customers, informing them that the bank is halting payments to the crypto exchange until further notice, the Financial Times reported. […] дальше »

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Ukrainian Monobank plans to offer BTC trading in July

Monobank, a leading electronic bank in Ukraine, is gearing up to launch Bitcoin (BTC/USD) trading in July. A report unveiled this news earlier today, citing the organization’s co-founder, Oleg Gorokhovsky. дальше »

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British Banking Giant Barclays Bans Payments to Binance, Citing FCA Notice

Barclays has started blocking all credit/debit card payments to cryptocurrency exchange Binance дальше »

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Banque de France Governor calls for urgent crypto regulation in Europe

François Villeroy de Galhau, the Governor of the French Central Bank, Banque de France, has called upon Europe to introduce a regulatory framework for cryptocurrencies. A report unveiled this news on June 29, citing Galhau, who spoke during the Paris EUROPLACE Annual Financial conference. дальше »

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Bank of England starts assessing the potential of digital assets

The Bank of England has begun evaluating the potential of a central bank-issued digital currency (CBDC). A report unveiled this news on July 1, citing Rishi Sunak, the Chancellor of the Exchequer of England, who shared his views on digital currencies in his Mansion House 2021 speech. дальше »

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Binance lists Ontario as 'restricted jurisdiction' citing 'compliance efforts'

Arguably the world's biggest cryptocurrency exchange, Binance, is in the news today after it advised its users in Ontario, Canada to "close out all active positions" by the end of this year. As per thThe post Binance lists Ontario as 'restricted jurisdiction' citing 'compliance efforts' appeared first on AMBCrypto. дальше »

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Flashcoin’s Solution to Tesla’s Bitcoin Environmental Issues

Earlier this year, Tesla announced its plans to accept Bitcoin as a payment method for its products. However, Tesla CEO Elon Musk has reversed this decision, and Tesla has discontinued accepting Bitcoin, citing environmental reasons. дальше »

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Russian Billionaire Slams Central Bank’s Crypto Policy, Says Even El Salvador Realizes the Need for Bitcoin

Russian billionaire Oleg Deripaska wants the Bank of Russia, the country’s central bank, to embrace cryptocurrency, citing El Salvador’s bitcoin law as an example. El Salvador recently passed a bill making bitcoin legal tender in the country. дальше »

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Pundit Lampoons Bitcoiners For ‘Worshipping’ Elon Musk, Michael Saylor, and El Salvador President, Nayib Bukele

Popular Bitcoin developer, Johnathan Corgan, took to Twitter to express sordid displeasure over what he terms “the emergence of celebrity worship” in the Bitcoin sphere. Citing Elon Musk, Michael Saylor, and El-Salvador’s president Nayib Bukele, as the recently crowned demi-gods of the bitcoin blockchain, Corgan was quick to point out a growing trend of excessive […] дальше »

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World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues

The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. дальше »

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World Bank Refuses To Help El Salvador Implement Bitcoin, Citing “Transparency Shortcomings”

Revealing misunderstandings, the World Bank has rejected El Salvador's request for assistance in implementing a bitcoin standard. дальше »

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El Salvadorian government discusses paying salaries in Bitcoin (BTC)

Three El Salvadorian government ministries are discussing whether they should allow firms in the country to pay salaries in Bitcoin (BTC/USD). A report unveiled this news on June 15, citing El Salvador’s minister of Labour and Social Welfare, Rolando Castro. дальше »

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South Africa to revise its stance on crypto amid surging retail interest

South Africa’s financial watchdogs are gearing up to introduce a crypto regulation framework in the country. A report unveiled this news on June 14, citing a position paper published by the South African Intergovernmental FinTech Working Group (IFWG) via the Crypto Assets Regulatory Working Group (CAR WG). дальше »

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JPMorgan Warns of Incoming Bitcoin Bear Market Citing ‘Unusual Development’ in Futures

Investment bank JPMorgan Chase has warned of a further bitcoin price decline, expecting an incoming bear market. The bank’s analysts look at the trend in bitcoin futures and see “an unusual development and a reflection of how weak bitcoin demand is at the moment from institutional investors. дальше »

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Elon Musk’s Tesla Can’t Say No To Bitcoin Payments In El Salvador

The past few weeks have seen the price of Bitcoin dwindle after Elon Musk’s announcement that Tesla would no longer accept Bitcoin as payment for its products. Musk, who in March announced that Tesla would accept Bitcoin as payment for its cars and other products, but had to retract the decision citing strong outcry by […] дальше »

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IMF sounds ‘legal, economic’ alarms over El Salvador’s Bitcoin adoption

The International Monetary Fund (IMF), a global, intergovernmental economic and financial body, condemned El Salvador’s move to make Bitcoin an official ‘legal tender’ in the country citing economic and legal risks. дальше »

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Billionaire Entrepreneur Mark Cuban Reveals he Holds Bancor (BNT)

Mark Cuban holds BNT — the token for decentralized finance (DeFi) protocol Bancor, citing the simplicity, impermanent-loss protection, and user-friendly nature of the DeFi platform as his major reasons. дальше »

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Crypto Exchanges Kraken, Bitfinex, and KuCoin Exploring India for Entry: Report

After cryptocurrency exchange, Binance, U. S. -based Kraken, Hong Kong-based Bitfinex, and rival KuCoin are actively exploring ways to set up in India, reported Reuters, citing people familiar with the matter. дальше »

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Microstrategy Received $1.6 Billion in Orders For Their Bitcoin Offering

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Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO

Chinese crypto mining equipment producer Canaan is arguing against the indiscriminate crackdown on cryptocurrency mining in China, citing mining’s economic efficiency. The post Chinese Crypto Mining is Economically Efficient, Argues Canaan CEO appeared first on BeInCrypto. дальше »

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Report: Three of the most glorified ICOs in Israel were fraudulent

Three of Israel’s most famous initial coin offerings (ICOs) in 2017 and 2018 were scams. A report unveiled this news on May 31, citing a $16. 1 million (£11. 32 million) lawsuit filed on May 25 by Roee Broncial and Eran Okashi, who are employees of the Singulariteam venture capital fund. дальше »

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Reserve Bank of India slams banks after they stop services for crypto users

The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate. дальше »

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Indian central bank clarifies regulations as local banks shun crypto

Banks like HDFC and the State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular. дальше »

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BoK says leveraged crypto trading poses a threat to the banking system

The Bank of Korea (BoK) has come out to warn that the increasing cases of leveraged crypto trading by South Korean citizens pose a significant threat to the country’s financial system. A report unveiled this news on May 27, citing remarks from BoK’s governor, Lee Ju-yeol, who spoke after a monetary policy committee meeting yesterday. дальше »

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UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible”

The UK’s Advertising Standards Authority (ASA) has banned a series of popular Bitcoin ads in the country citing irresponsibility, a report on national news outlet The Guardian said today. The post UK bans Luno’s ‘time to buy Bitcoin’ ads, calls them “irresponsible” appeared first on CryptoSlate. дальше »

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US Congressman Says That Congress Isn’t Prepared To Pass Crypto Legislation

U. S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. Congress Won’t Pass Crypto Legislation Anytime Soon In an interview with Yahoo Finance on Friday, U. дальше »

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US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker

U. S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate” cryptocurrencies, said the congressman. дальше »

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Iran to Shut Down Licensed Crypto Miners in Peak Hours of Power Consumption

Citing a need to maintain a stable electricity supply for other users, Iran will be pulling the plug on cryptocurrency mining farms whenever power consumption peaks. The measure intended to deal with shortages will target licensed facilities despite the government admitting that illegal crypto miners burn much more energy. Licensed Crypto Miners Use 300 MW, […] дальше »

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China’s Absolute Control Over Digital Yuan Will Boost Demand for Cryptocurrencies, Says Analyst

China’s push for the digital yuan will boost demand for cryptocurrencies, according to an analyst at BK Asset Management, citing that the Chinese government wants “absolute power” over the wealth and income of its citizens. дальше »

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Elon Musk Says He Won’t Sell Any Dogecoin — Admits He’s the ‘Ultimate Hodler’

Tesla CEO Elon Musk has confirmed that he has not sold any dogecoin and will not sell any as the price of the cryptocurrency continues to slide over the recent weeks. The “Dogefather” has been working with dogecoin devs “to improve system transaction efficiency” after Tesla suspended accepting bitcoin for payments, citing environmental concerns. Elon […] дальше »

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Musk's Bitcoin centralization claim: Why this is 'not really a key factor'

It's been a while since Tesla's Bitcoin payments suspension announcement, with the company citing BTC's high carbon footprint and related ESG concerns at the time. But, did things just escalate from tThe post Musk's Bitcoin centralization claim: Why this is 'not really a key factor' appeared first on AMBCrypto. дальше »

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SEC Chair Gensler Says Cryptocurrency Exchanges Need More Regulation, Asks Congress to Weigh in

The new chairman of the U. S. Securities and Exchange Commission (SEC), Gary Gensler, is pushing for more regulation around cryptocurrency exchanges, citing the need for investor protection in this area. дальше »

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Travala Welcomes Payments through XDC

Travala. com, being the most epic online travel agency to accept cryptocurrency as one of its payment modes, now integrates payments through XDC token. This news has just been released officially citing the partnership between Travala and XinFin(XDC) network. дальше »

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ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals

The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility. ” His comments followed massive sell-offs across a broad range of cryptocurrencies. дальше »

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Indian Govt. Backpedddling Bitcoin Ban? New Panel Planned to Study Crypto Regulations

The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated. дальше »

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SEC Claims XRP Holders Are “Too Partial,” Citing Physical Violence References

Attorney John Deaton has denied promoting violence against the SEC дальше »

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Mark Cuban to Elon Musk: Accepting Bitcoin Will Actually Benefit the Environment

Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has made an argument that accepting cryptocurrencies, including bitcoin, will actually help the environment. He told Elon Musk, whose electric car company Tesla has suspended accepting bitcoin, citing environmental problems. дальше »

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Greenidge to go carbon neutral as BTC adopters pull back citing environment harm

Greenidge Generation Holdings, a renowned Bitcoin (BTC) mining firm, is planning to launch a carbon-neutral BTC mining operation on June 1, 2021. The new facility is based in Upstate New York. Reportedly, the company will achieve carbon-neutral mining by purchasing voluntary carbon offsets from a list of greenhouse gas reduction projects in the US. дальше »

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It Would Be Incredibly Hard to Make Bitcoin Sustainable, Experts Say

Tesla CEO Elon Musk recently announced that the car company will no longer accept Bitcoin as a form of payment, citing the cryptocurrency’s immense power requirements and environmental toll. But Bitcoin won’t magically become environmentally friendly over night. дальше »

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XRP lawsuit update: Ripple opposes SEC's motion to strike citing 'cherry-picked facts'

The SEC v. Ripple battle has prolonged itself for more than five months now, yet there are no signs of it concluding. The lawsuit further unfolded on Thursday after Ripple filed its Memorandum of Law The post XRP lawsuit update: Ripple opposes SEC's motion to strike citing 'cherry-picked facts' appeared first on AMBCrypto. дальше »

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The US DOJ and IRS probe Binance for tax and money laundering information

Leading crypto exchange Binance is under investigation by the US Department of Justice (DOJ) and the Internal Revenue Service (IRS). A report unveiled this news on May 13, citing people acquainted with the matter. дальше »

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Dogecoin Spikes After Elon Tweets About Helping Its Developers

A day after publicly announcing that Tesla is no longer accepting Bitcoin as a form of payment, citing the currency’s negative impacts on the environment — something we’ve known for years — CEO Elon Musk took to Twitter yet again. дальше »

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Not a Good Look for Tesla, Elon Musk Now Looking for Another Cryptocurrency to Replace Bitcoin

The electric car maker announcing that it will no longer accept Bitcoin citing environmental concerns raises questions about Tesla’s lack of due diligence, DOGE also being a PoW coin, and how Bitcoin’s truth will fight the environmental hazard meme while setting a “very dangerous precedent. дальше »

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Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’

Automotive company Tesla has suspended the use of bitcoin to purchase its vehicles, Chief Executive Officer Elon Musk said in a tweet on Wednesday, citing the vast amounts of electricity needed to “mine” the cryptocurrency. дальше »

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Elon Musk Announces Tesla Has Suspended Accepting Bitcoin Citing Environmental Issues

Tesla has suspended accepting bitcoin for vehicle purchases, CEO Elon Musk has announced. The company cited concerns “about rapidly increasing use of fossil fuels for bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel. дальше »

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Palantir CFO claims the firm is mulling adding crypto to its balance sheet

Palantir, an American software firm that specializes in big data, is contemplating adding Bitcoin (BTC) to its balance sheet. A report unveiled this news on May 11, citing the firm’s Chief Financial Officer, David Glazer, who shared this bullish during the company’s Q1 earnings call. дальше »

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E-Commerce Giant Ebay Now Allows NFT Sales Citing ‘Massive Wave of Attention’

Ebay, which has 187 million buyers on its platform, is now allowing the sale of non-fungible tokens (NFTs), the company has announced. Ebay says: “This is only the beginning. This initial rollout will help us learn more about what’s important to our community. дальше »

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HIVE Blockchain sells Norwegian data mining center, citing loss of government subsidies

Executive chair Frank Holmes described the sale as “unfortunate” but approved of the community continuing to find uses for the property. дальше »

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