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Vietnam: Prime Minister Instructs Central Bank to Pilot Crypto Implementation
Vietnamese PM has called for greater cryptocurrency adoption in the country. Vietnam to Pilot Crypto Over Multiple Years According to a report by local news outlet Viet Nam News, Vietnam’s Prime Minister, Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to trial cryptocurrency implementation from 2021 until 2023. The decision was highlightedRead More дальше »
2021-7-5 13:00 | |
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Prime Minister of Vietnam Asks Central Bank to Pilot Digital Currency
Pham Minh Chinh, the prime minister of Vietnam, has asked the country’s central bank to conduct a study of cryptocurrency and pilot the implementation of a blockchain-based currency within the next two years. дальше »
2021-7-5 11:30 | |
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Report Shows United States At The Top Spot Among Crypto Ready Countries
Crypto Head recently published a report placing the United States on top of its list of “Crypto ready” countries. One indication that the country is ready to adopt cryptocurrencies is the whopping number of Bitcoin ATMs presently operating in the U. дальше »
2021-7-5 10:49 | |
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Angola Hikes Benchmark Interest Rate as Central Bank Attempts to Tame Rising Inflation
The Angolan central bank’s monetary policy committee (MPC) recently hiked the country’s benchmark interest rate from 15.5% to a record of 20%. The largely unexpected hike, which is one of the National Bank of Angola (NBA)’s attempts to curb inflation, marks the first time the benchmark rate has been increased since November 2017. Rising Inflation […] дальше »
2021-7-5 01:30 | |
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New Bill to Ban Crypto Payments in Iran, Support Mining and Regulate Exchange
Urged by the growing popularity of cryptocurrencies, Iranian lawmakers have prepared new legislation to introduce comprehensive rules for the expanding industry. While the bill effectively bans crypto payments in the country, it aims to support cryptocurrency mining and regulate the exchange market. дальше »
2021-7-4 19:30 | |
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South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. дальше »
2021-7-4 17:30 | |
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US State Department Official Wants El Salvador to ‘Ensure Bitcoin Is Well Regulated’
The U. S. Department of State’s undersecretary of state for political affairs, Victoria Nuland, has explained during a press conference that the U. S. has urged El Salvador to be responsible with the country’s new bitcoin law. дальше »
2021-7-3 03:30 | |
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This Country Just Lost Its Only Chance At Becoming The World’s Largest Bitcoin Producer
A prominent Bitcoin proponent has taken to Twitter to point out that China, with its crackdown on Bitcoin miners in the country, has lost its chance to become the highest producer of Bitcoin. Bitcoin proponent, Mark Moss, has likened China’s actions of shutting down Bitcoin mining and kicking miners out of the country to the […] дальше »
2021-7-3 21:32 | |
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Iran To Ban The Use Of Crypto In Payment Transactions
In what might be yet another door slamming shut to the use of cryptocurrencies including bitcoin for payments in mainstream commerce, Iranian lawmakers have drafted a bill dubbed “Support for Cryptocurrency mining and organizing the domestic market for exchanges” that will bar cryptocurrency payments throughout the country. дальше »
2021-7-3 21:21 | |
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Huobi imposes 24 hr crypto withdrawal delay to dampen speculation
The exchange's decision aligns squarely with Beijing's ongoing and multi-pronged crackdown on the country's cryptocurrency investors in its attempt to prevent both capital outflows and volatility in the crypto sector. дальше »
2021-7-3 12:44 | |
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US Rep Warren Davidson Labels China’s DCEP A “Creepy Surveillance Tool”
Ohio’s State Representative Warren Davidson has said that in order to protect the US citizen’s rights and constitutional freedom, the country shouldn’t emulate China on matters concerning digital currencies but instead adopt decentralized digital ledger technology. дальше »
2021-7-2 23:30 | |
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Kazakhstan Announces New Electricity Surcharges For Crypto Miners
A local news outlet is reporting that Kazakhstan’s President has signed a law that would force cryptocurrency miners to pay additional fees to operate in the country. The post Kazakhstan Announces New Electricity Surcharges For Crypto Miners appeared first on BeInCrypto. дальше »
2021-7-2 21:45 | |
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Study names United States ‘most crypto-ready’ country
Cryptocurrencies like Bitcoin and Ether are considered to be commodities by the United States Commodity Futures Trading Commission and the Securities and Exchange Commission. дальше »
2021-7-2 20:05 | |
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Nigerian Currency Overvalued by 10% Says Central Bank Governor
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has reportedly told investors that the country’s currency is overvalued by 10%. The governor’s remarks, which have been confirmed by two unnamed sources, suggest that the central bank is planning to devalue the naira again. дальше »
2021-7-1 14:30 | |
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Kazakhstan Introduces Surcharge for Electricity Used by Crypto Miners
Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry. дальше »
2021-7-1 08:30 | |
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Indian Investors Are Toppling Their Counterparts And Spearheading Crypto Adoption In Asia
Indians are favoring investing in cryptocurrencies as data has shown that crypto investments in the country have surged significantly in the past year. According to our recent report, data from Chainalysis has shown that crypto investments in India have grown approximately 900%. дальше »
2021-7-1 23:54 | |
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“More Rigid Policies Are Yet To Come,” Says Chinese Media While Beijing Subway Runs e-CNY Test
The Chinese media group Caixin Global published an editorial this week with the title, “It’s Time to Declare War on Cryptocurrency.” The editorial talks about how no other country than China has been more determined to “put an end to speculative trading of digital currencies” as the People’s Bank of China (PBOC) instructed several financial […] The post “More Rigid Policies Are Yet To Come,” Says Chinese Media While Beijing Subway Runs e-CNY Test first appeared on BitcoinExchangeGuide. дальше »
2021-6-30 16:38 | |
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Indians Hold $40 Billion in Cryptocurrency, Report Suggests
Crypto investments in India have been gaining significant traction over the past year, blockchain data indicates. Despite the ambiguous regulatory situation in the country, more than 15 million Indians have bought or sold digital currencies. дальше »
2021-6-30 00:30 | |
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El Salvador’s President Slammed For “Tricking” 7 Million Citizens With A $30 Bitcoin Airdrop
The adoption of Bitcoin as a legal tender in El Salvador has been accelerating at a commendable speed. In fact, despite criticism and concerns from many onlookers, things have been working in favor of the country’s decision to make Bitcoin its official currency. дальше »
2021-6-30 22:20 | |
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Coinbase Becomes First Company To Secure Crypto Custody License In Germany
Germany's Federal Financial Supervisory Authority, also known as BaFin, has given crypto exchange Coinbase the license to run its crypto custody business in the country. This makes Coinbase the first company authorized to provide crypto custody services in Germany according to the updated regulations. дальше »
2021-6-29 20:32 | |
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Mexico Reiterates its Crypto Warning, says Financial Institutions Are Not Authorized to Deal with Virtual Assets
This warning came after Mexico billionaire Ricardo Salinas Pliego endorsed Bitcoin, saying his banking business Banco Azteca may begin using BTC and become the first bank in the country to start accepting the cryptocurrency. дальше »
2021-6-29 16:17 | |
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El Salvador’s Chivo Bitcoin Wallet Not Compulsory for Residents
El Salvador’s President Nayib Bukele took to Twitter on July 28, 2021, to make it clear that Salvadorans will not be compelled to use the country’s “Chivo” Bitcoin wallet. This might be to ensure that users are able to use their crypto any way they want, including participating in crypto casinos such as casino onlineRead More дальше »
2021-6-29 16:00 | |
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Report: South Africa Bars Transfer of Locally Acquired Cryptocurrencies to Overseas Exchanges, Offenders Face Jail Time
Fresh reports from South Africa suggest that the transfer of locally acquired cryptocurrencies to overseas crypto exchanges will now be subject to the country’s exchange control regulations. Consequently, transactions where an individual purchases crypto assets in South Africa and uses them to externalize “any right to capital” will be deemed a criminal offense. Risk of […] дальше »
2021-6-29 07:30 | |
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No, Paraguay is NOT legalizing Bitcoin, Congressman confirms
A Paraguay official changed course on what was an unprecedented development in crypto circles: That of the Latin American country legalizing Bitcoin as legal tender on the back of a similar move in nearby El Salvador. дальше »
2021-6-29 07:00 | |
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Bitcoin and China: Why this move cannot be 'underestimated'
China’s crackdown on cryptocurrency mining operations in the country was widely discussed in the last couple of months. Several conversations around this development are emerging, be it in the mediaThe post Bitcoin and China: Why this move cannot be 'underestimated' appeared first on AMBCrypto. дальше »
2021-6-29 06:00 | |
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MAS launches a CBDC challenge to attract FinTech firms into Singapore
The Singapore Monetary Authority (MAS) has rolled out a global challenge for retail central bank-issued digital currencies (CBDCs). The regulator seeks to attract FinTech firms and financial institutions across the globe into the country. дальше »
2021-6-30 02:11 | |
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UK Regulators Prohibit Binance, What’s Ahead For The Crypto Exchange?
Binance has been the largest crypto exchange in the whole world. However, although not minding its reputation, the UK Financial Conduct Authority (FCA) has banned it from operating in the country. According to the regulatory body, Binance is no longer permitted to carry out regulated activities in the country from June 30, 2021. “BINANCE MARKETS […] дальше »
2021-6-29 01:00 | |
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Mexico may not be following El Salvador's example on Bitcoin... yet
A warning from the country's financial regulators seemed to be specifically targeting Ricardo Salinas Pliego, who on Sunday said he would explore his bank accepting Bitcoin. дальше »
2021-6-29 00:30 | |
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UK mainstream media guilty of misleading on Binance “crypto ban”
The U. K crypto community is left confused after the country’s financial watchdog, the Financial Conduct Authority (FCA), published a report titled “Consumer warning on Binance Markets Limited and the Binance Group” over the weekend. дальше »
2021-6-29 19:00 | |
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Mexican billionaire seeks to launch the country’s first BTC-accepting bank
Pro-crypto Mexican billionaire, Ricardo Salinas Pliego, is looking to launch the first Bitcoin-accepting bank in Mexico. Salinas unveiled this bullish news through a tweet on June 27, noting that he hopes to achieve this feat by integrating BTC services into Banco Azteca, a leading Mexican bank, which he founded 19 years ago. дальше »
2021-6-28 14:47 | |
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Iran grants 30 licenses to mining farms despite power shortage
The Iranian government has given 30 crypto mining farms licensees to continue operations despite the power shortage currently witnessed in the country. According to the report, four of the licenses were granted to miners at the province of Alborz while six mining farms in the Semnan province received licenses as well. дальше »
2021-6-28 13:46 | |
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Indians Invested Over $200 Billion in Crypto Assets Over the Past Year
Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More дальше »
2021-6-28 13:00 | |
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Indians Invested Over $40 Billion in Crypto Assets Over the Past Year
Indians continue to remain unfazed by the repeated threats of a blanket ban on crypto-assets. Indians Pour Billions Into Crypto Typically a country with a huge fascination toward gold, India is slowly but steadily starting to drip its feet in the volatile crypto waters as according to a report by Yahoo! Finance, investments in cryptoRead More дальше »
2021-6-28 13:00 | |
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Binance Responds to UK Exchange Service Restrictions
Binance offered a series of tweets responding to the U.K. FCA, after the latter sent a notice to the exchange saying that it was not permitted to carry out regulated operations in the country. The post Binance Responds to UK Exchange Service Restrictions appeared first on BeInCrypto. дальше »
2021-6-28 12:32 | |
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Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is ‘Working on the Directives Given’
In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently suggested the apex bank is “working on the directives given.” The remarks by the spokesperson follow Tanzanian President Samia Suluhu Hassan’s call on the country’s finance chiefs to prepare for cryptocurrencies. BOT Move […] дальше »
2021-6-28 09:00 | |
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Nigerian High School Defies Regulatory Bodies By Accelerating Bitcoin Adoption
Countries like Nigeria, which are classified as emerging markets with weak economies, are seeing a huge surge in crypto activities. As with the case in Nigeria, these activities are usually related to crypto companies and exchanges opening operations in the country and recording significant growth in trading volume. This time though, the news is coming […] дальше »
2021-6-28 23:49 | |
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UK financial watchdog orders Binance to halt 'regulated activity' in the country
The cryptocurrency exchange has until Wednesday to comply with a new notice from the Financial Conduct Authority.
дальше »2021-6-28 23:34 | |
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Cardano Is Sharpening Fresh Focus On El Salvador Following Bitcoin’s Legal Tender
Cardano’s parent company Input Output Hong Kong (IOHK) has opened up communication channels with relevant officials in El Salvador with the aim to establish a state-level partnership for Cardano in the country, according to its founder Charles Hoskinson. дальше »
2021-6-28 20:46 | |
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Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. дальше »
2021-6-27 06:00 | |
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Crypto in Canada: Where are we today, and where are we heading?
An exploration into the country’s crypto landscape today and what it means for the future of the digital asset industry in Canada. дальше »
2021-6-27 19:13 | |
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Borat’s Home Country Kazakhstan emerges as the New Bitcoin Mining Hotspot, as electricity rates are among the cheapest in the world
China always had the lion’s share of bitcoin mining in the world, but recent crackdowns on miners are reducing that dominance and forcing miners to relocate to other countries offering cheap electricity and support for domestic bitcoin mining. дальше »
2021-6-27 16:22 | |
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Tanzania’s Central Bank Working on Reversing Crypto Ban, Following President’s Directive
The Bank of Tanzania said that it is planning on reversing its previous ban placed on cryptocurrency after the Tanzanian President asked the country to prepare for the adoption of crypto. Bank of Tanzania Looks to Lift Crypto Ban According to Reuters on Friday (June 25, 2021), Tanzania’s central bank is working on the directiveRead More дальше »
2021-6-26 15:00 | |
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El Salvador's banks have this to lose thanks to country's Bitcoin adoption
Earlier this month, El Salvador became the first country to adopt Bitcoin as legal tender, passing a bill to this effect. What's more, El Salvador now is going as far as airdropping $30 worth of BTC tThe post El Salvador's banks have this to lose thanks to country's Bitcoin adoption appeared first on AMBCrypto. дальше »
2021-6-26 03:30 | |
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