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From Bytes To Bites: Iceland Prioritizes Food Over Crypto Mining
Iceland, the volcanic island nation famed for its stunning landscapes and clean energy production, is embarking on a new chapter. In a move that highlights a growing global trend, The country is shifting its focus from supporting the cryptocurrency mining industry towards bolstering domestic food production. дальше »
2024-3-24 16:00 | |
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Crypto reform takes a back seat in South Korea amid regulatory uncertainty, no BTC ETF plans in sight
South Korea’s People Power Party has decided to delay its intentions to relax cryptocurrency regulations indefinitely. This shift includes halting the initiative to lift the prohibition on domestic spot Bitcoin exchange-traded funds (ETFs), a move initially anticipated by market watchers.… дальше »
2024-2-29 14:16 | |
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South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets. дальше »
2024-2-24 13:37 | |
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Thailand Drops Taxes on Domestic Crypto Trading, Overseas Uncertainty Remains
Thailand's Finance Ministry has exempted domestic crypto asset trading from value-added tax (VAT), effective from January 1, 2024. However, uncertainty remains for overseas investors due to tax and accessibility issues. дальше »
2024-2-7 07:15 | |
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South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
The Financial Services Commission cited concerns "about illegal outflow of domestic funds overseas due to card payments on overseas virtual asset exchanges." дальше »
2024-1-4 19:54 | |
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Japan considers tax relief for domestic firms holding crypto
If approved, these reforms to Japan's Corporate Tax Law are slated to take effect in the 2024 fiscal year. дальше »
2024-1-4 21:36 | |
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How Chinese AI Firms Are Standing Their Ground Amid US Crackdown
Chinese AI companies are finding alternatives to US restrictions on AI chip exports, with a Chinese AI chip firm securing a $280m investment pledge and others seeking domestic alternatives to Nvidia. дальше »
2023-12-2 19:30 | |
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US Wholesale Inflation Falls for First Time in 4 Months
The prices US domestic producers pay to produce goods came in lower than anticipated in October, raising the chances of a soft Fed landing. The post US Wholesale Inflation Falls for First Time in 4 Months appeared first on BeInCrypto. дальше »
2023-11-16 16:49 | |
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Crypto Miners Lobby U.S. Lawmakers to Counter Environmental 'Misunderstanding'
When crypto mining is discussed in the U.S. Congress, it's often tied to claims that mining operations are environmental parasites, sapping finite energy resources. But representatives of that sector flooded offices on Capitol Hill this week to argue their businesses can help stabilize the power grid, tie into renewable resources and foster domestic technology. дальше »
2023-10-28 18:51 | |
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Bitcoin investment loss leads to domestic shootout and police standoff
A loss incurred in a Bitcoin (BTC) investment in Thailand resulted in a man shooting his wife and then having a six hour-long standoff with local police forces. According to a Sept. 18 report by local news outlet Thaiger, the… дальше »
2023-9-20 17:30 | |
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India initiates global dialogue for cryptocurrency regulations
India's regulatory framework would be based on a consensus achieved through discussions at both the global and domestic levels. While G20 leaders have endorsed cryptocurrency regulations, discuThe post India initiates global dialogue for cryptocurrency regulations appeared first on AMBCrypto. дальше »
2023-9-11 14:00 | |
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Donald Trump Says US Dollar Loses Dominance: Time for Bitcoin to Become the World Reserve Currency?
Former President Trump warns of the dwindling status of the US dollar as the world's reserve currency, attributing it to domestic policies. Amid all this, Bitcoin is gaining attention as a plausible alternative. дальше »
2023-8-18 21:30 | |
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Stablecoins: A Potential Counter to De-Dollarization
Demand for greenbacks in the global economy is increasingly flowing into permissionless stablecoins, even as domestic policies and foreign efforts like a BRICS-issued currency could erode the U.S. dollar's overall dominance. дальше »
2023-8-3 16:44 | |
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Binance To Enter Japan With A Bang, Will List More Tokens Than Any Local Exchange
According to Japanese-based crypto media outlet Coinpost, Binance will launch in Japan fully this month and intends to list 34 tokens on its exchange. This means the platform will offer more tokens than its local competitors in Japan, with major domestic exchanges Bitbank, GMO Coin, and Coincheck listing 30, 36, and 22 tokens, respectively. дальше »
2023-8-2 00:30 | |
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Binance re-enters Japan with 34 tokens listed
Binance Japan, set to launch in August fully, aims to list 34 tokens initially, surpassing all domestic rivals. The news from local crypto media outlet Coinpost also revealed that Binance Japan is planning to introduce its native token, BNB, to… дальше »
2023-8-1 15:45 | |
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Is the UK heading towards a sovereign debt crisis?
Quick Take The United Kingdom is currently facing a challenging financial environment as its household and government debt levels rise alarmingly. Household debt has skyrocketed, reaching 200% of the country’s Gross Domestic Product (GDP), while the government debt has equally grown, constituting 100% of GDP. дальше »
2023-7-7 21:34 | |
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Taiwan Mobile Ventures Into Crypto Space, Eyes Investment In Local Platform
In the rapidly transforming landscape of digital finance, telecom giant Taiwan Mobile Co. is reportedly considering opportunities for collaboration with domestic cryptocurrency platforms. According to Bloomberg, the company may be poised to venture into investing in this thriving sector. дальше »
2023-6-13 16:30 | |
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Venture Firm Andreessen Horowitz To Open 1st UK Office Amid Crypto Scrutiny In US
Andreessen Horowitz (a16z), a renowned venture capital firm based in the United States, is poised to make a significant stride by opening its inaugural international office later this year. This move falls in line with a growing trend of US-based companies exploring opportunities beyond their domestic borders, seeking new avenues for growth and expansion. With […] дальше »
2023-6-12 16:10 | |
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South Korean Authorities Investigate Lawmaker Over Alleged Crypto Transfers
There’s a rumor of a conflict of interest around the South Korean opposition lawmaker Kim Nam-Kuk over crypto transactions. The growing domestic outrage alleged that Kim liquidated over $4 million worth of crypto assets before the lawmakers would enforce the Financial Action Task Force Travel Rule. дальше »
2023-5-10 00:00 | |
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As Web3 Grows in India, How Could Crypto Contribute to GDP?
A recent forecast from Research and Markets predicts that the Indian Web3 market would contribute $5.1 billion to its Gross Domestic Product (GDP) by 2032. The post As Web3 Grows in India, How Could Crypto Contribute to GDP? appeared first on BeInCrypto. дальше »
2023-5-9 14:30 | |
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European Market Shakes Off Recession Fears but Misses Q1 2023 Growth Estimates
Coinspeaker European Market Shakes Off Recession Fears but Misses Q1 2023 Growth Estimates The European market recorded a gross domestic product (GDP) of 0. 0 percent in the first quarter of 2023 compared with the fourth quarter of 2022. дальше »
2023-4-29 16:44 | |
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Bank Of Russia To Incorporate Domestic Crypto Holdings In Consumer Finance Survey
The Central Bank of the Russian Federation (CBR) has released its latest report on household finances, which includes an assessment of public holdings of digital or crypto assets. The report, conducted biennially since 2013 and covers the previous year, was published last Friday. дальше »
2023-4-4 00:00 | |
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Hong Kong To Raise $100 Million To Fund The Growth Of Its Crypto Industry
Hong Kong aims to regain its status as a leading finance and crypto hub, and to this end, domestic investors have established the ProDigital Fund to raise $100 million. Already having secured $30 million in commitments, the fund aims to reach its target by the end of this year, driving the growth of the digital […] дальше »
2023-3-31 21:00 | |
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FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg
The Treasury Department’s undersecretary for domestic finance, Nellie Liang, said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks. дальше »
2023-3-30 00:00 | |
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Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon Valley Bank (SVB) and Signature Bank that led to their quick demise earlier this month. дальше »
2023-3-30 22:19 | |
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BIS wraps exploration project on retail CBDC payment system
The bank concluded that a “hub-and-spoke” model between CBDC domestic systems could “reduce settlement and counterparty risk” and complete cross-border transactions in seconds. дальше »
2023-3-7 19:30 | |
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US Treasury-led CBDC working group looking at technical issues, national interest
Treasury Under Secretary for Domestic Finance Nellie Liang examined some of the design issues that would shape a potential U.S. digital dollar. дальше »
2023-3-3 23:45 | |
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US Treasury leads group developing digital dollar
The US treasury has announced to preside over the digital dollar advancements by leading the group of US-based entities currently working on the project. The United States Treasury Undersecretary for Domestic Finance, Nellie Liang, announced that the US treasury would… дальше »
2023-3-2 15:57 | |
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Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, suggested that the federal government’s work on a potential digital dollar is accelerating, saying leaders from various agencies and White House offices are starting meetings in the “coming months.” дальше »
2023-3-1 21:13 | |
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Kraken CEO’s criticism of regulators gains momentum
Jesse Powell, CEO of crypto exchange Kraken scrutinized by the US regulators, expressed his regrets by urging Congress to protect the domestic crypto industry. Kraken, the popular cryptocurrency exchange, recently reached a $30 million settlement with the US Securities and… дальше »
2023-2-21 17:05 | |
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UAE set to issue CBDC for cross-border payments and domestic usage
The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central BanThe post UAE set to issue CBDC for cross-border payments and domestic usage appeared first on AMBCrypto. дальше »
2023-2-13 16:00 | |
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Saudi central bank is still exploring CBDC potential in financial sector
The Saudi Central Bank (SAMA) has announced its ongoing experiment with Central Bank Digital Currencies (CBDCs). SAMA is working with local banks and FinTechs to better realize the potential uses of domestic or national wholesale CBDCs. дальше »
2023-1-25 12:51 | |
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Japan Expected to Lift Stablecoin Ban on Foreign-Issued Currency in 2023
Japan's Financial Services Agency is expected to remove the restriction on the domestic distribution of stablecoins created abroad in 2023. The post Japan Expected to Lift Stablecoin Ban on Foreign-Issued Currency in 2023 appeared first on BeInCrypto. дальше »
2022-12-27 13:30 | |
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Marshall Islands legally recognizes DAOs as domestic limited liability companies
The law enables legal entities registered in the country to formally adopt DAO structures and governance tools.
дальше »2022-12-24 00:30 | |
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Disney (DIS) Stock Slides 4.77% after ‘Avatar’ Opening Weekend Failed to Meet Expectations
Coinspeaker Disney (DIS) Stock Slides 4. 77% after ‘Avatar’ Opening Weekend Failed to Meet Expectations Avatar: The Way of Water has brought Disney a revenue of $134 million at the domestic box office during its opening weekend, falling short of analysts' expectations of $175 million and Disney’s forecast of between $135 million and $150 million. дальше »
2022-12-20 13:02 | |
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EU forces crypto market participants to share data for taxation
European Commission wants crypto companies and traders to report the EU citizens’ foreign and domestic transactions in a new move to tackle tax evasion. According to a proposal submitted by the European Commission, crypto market participants will be required to… дальше »
2022-12-9 21:14 | |
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Russian bill would legalize crypto mining, sales under ‘experimental legal regime’
The bill provides a legal definition of mining and mining pools and would create a domestic cryptocurrency market in Russia’s latest step to integrate digital assets into its economy. дальше »
2022-11-20 20:45 | |
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Russia's CBR now exploring ways to include crypto in financial system
Amid a wave of new financial penalties, the Central Bank of Russia (CBR) has started exploring methods to incorporate blockchain technology and crypto-assets into its domestic financial system. TheThe post Russia's CBR now exploring ways to include crypto in financial system appeared first on AMBCrypto. дальше »
2022-11-8 15:00 | |
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U.S. Economy: GDP Better Than Expected Despite Underwhelming Performance of Tech Stocks
U.S. Economy: The U.S. disclosed that gross domestic product (GDP) grew in Q3 by 2.6%, the highest growth since Q4 of 2021. The post U.S. Economy: GDP Better Than Expected Despite Underwhelming Performance of Tech Stocks appeared first on BeInCrypto. дальше »
2022-10-28 19:00 | |
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US GDP Expands 2.6% in Q3, Faster Than Expected; Bitcoin Steady
Any growth in gross domestic product might be negative for the bitcoin market, since the Federal Reserve will have to keep raising interest rates to bring down inflation – typically bad for prices of risky assets. дальше »
2022-10-28 15:32 | |
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Canada Introduces Limits On Bank Investments In Cryptocurrencies
The Central Bank of Canada has long spoken about the need to accelerate the legalisation of cryptocurrency transactions in the domestic market, which seems logical, given the number of crypto holders in the country. дальше »
2022-8-23 19:03 | |
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