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Indonesia’s Central Bank Bans the Use of Crypto as Payment Method

The Bank of Indonesia (BI) has banned the use of cryptocurrency as a means of payment, stating that the payment method is not legitimate in the country.  Crypto as Payment Tool Not Legitimate in Indonesia According to Tempo on Tuesday (June 15, 2021), Perry Warjiyo, the governor of the Bank of Indonesia, stated that financialRead More дальше »

2021-6-17 21:00


Crypto Bank Silvergate Cuts Ties with Binance, Discontinuing USD Deposits and Withdrawals 

Silvergate Bank, a major financial institution partnered with crypto exchanges ranging from Kraken to Coinbase, recently cut ties with Binance.  Earlier this Wednesday, Binance sent an email to its users stating that the platform would no longer support deposits and withdrawals via Silvergate Bank over SWIFT starting this Friday. As of now, Binance’s USD bank wire […] дальше »

2021-6-12 07:27


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Dubai Authorities Warn Against Fake Digital Currency Dubai Coin

Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority.  Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and usingRead More дальше »

2021-5-29 20:00


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Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’

Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or the transaction means. дальше »

2021-5-28 03:35


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Ark Invest CEO Makes a Bullish Reveal About Bitcoin’s Market Cap

CEO of asset management company Ark Invest, Cathie Wood, previses a favorable future for Bitcoin, citing its limited supply and increasing demands as major catalysts. The American star stock picker mentions this in a video, stating, “if we add all the potential demand relative to the limited supply, we come up with incredible numbers over […] дальше »

2021-3-29 23:21


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Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore

Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and are expected to start regulating the industry […] дальше »

2021-3-22 04:30