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Microstrategy CEO Expects Bitcoin to ‘Go Into the Millions’ Despite Crypto Market Sell-Off

20th May 2022 by admin

Microstrategy CEO Expects Bitcoin to

Microstrategy’s CEO has predicted that bitcoin is “going to go into the millions” despite the recent cryptocurrency market sell-off. Noting that the cryptocurrency is the future of money, he said: “We are in it for the long term.” Microstrategy Sees Bitcoin as the Future of Money The CEO of the Nasdaq-listed software company Microstrategy, …

Filed Under: Bitcoin News Tagged With: ‘Go, Bitcoin, Crypto, Despite, Expects, Into, Market’, Microstrategy, Millions, SellOff

Bitcoin Argentina NGO to Take Crypto Education to Schools

19th May 2022 by admin

Bitcoin Argentina

Bitcoin Argentina, an NGO dedicated to the promotion and expansion of Bitcoin and cryptocurrency in the country, is going to take Bitcoin education to high schools. The project, called “Schools and Bitcoin,” will help educate high school students about the relevance of Bitcoin and the differences between this alternative system of money and the …

Filed Under: Bitcoin News Tagged With: Argentina, Bitcoin, Crypto, Education, Schools, Take

India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy

17th May 2022 by admin

India

India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country.” RBI’s Crypto Warnings and Dollarization of Economy The Reserve …

Filed Under: Bitcoin News Tagged With: Bank, Central, Could, Crypto, Dollarization, Economy, India’s, Lead, Warns

Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules

15th May 2022 by admin

Global Regulators Consider Launching a Joint Body to Coordinate Crypto Rules

Global market regulators are likely to launch a joint body within the next year to better coordinate cryptocurrency regulations, said a top executive of the International Organization of Securities Commissions (IOSCO). A Global Body to Coordinate Crypto Rules Top executives at the International Organization of Securities Commissions (IOSCO) discussed cryptocurrency regulation this week. Members …

Filed Under: Bitcoin News Tagged With: Body, Consider, Coordinate, Crypto, Global, Joint, Launching, Regulators, Rules

El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath

10th May 2022 by admin

El Salvador Buys 500 Bitcoins Amid Crypto Bloodbath

El Salvador has bought the bitcoin dip. Amid a heavy crypto market sell-off, the Salvadoran president announced that his country has purchased 500 more bitcoins. Since El Salvador adopted the cryptocurrency as legal tender, the Salvadoran government has purchased 2,301 bitcoins altogether. El Salvador Buys the Bitcoin Dip Amid a crypto bloodbath, El Salvador …

Filed Under: Bitcoin News Tagged With: Amid, Bitcoin’s, Bloodbath, Buys, Crypto, Salvador

Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic

8th May 2022 by admin

Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic

Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively exploiting the hot topics of the day, including the sanctions theme. Pyramids Offer Russian Investors Ways to Circumvent Western Sanctions Amid growing financial uncertainty, …

Filed Under: Bitcoin News Tagged With: Crypto, Exploit, Financial, Linked, Majority, Pyramids, Russia’s, Sanctions, Scammers, Topic

Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month

2nd May 2022 by admin

Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month

Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than average trade volumes typically suggest overall …

Filed Under: Bitcoin News Tagged With: Across, Board, Crypto, Derivatives, Last, Markets, Month”, Slipped, Spot, Swaps, Trade, Volumes

Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits

28th April 2022 by admin

Report: $  1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits

According to a research report, $ 1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits Account for Lion’s Share of Stolen Crypto This Year 2022 …

Filed Under: Bitcoin News Tagged With: $1.3, 2022, Billion, Crypto, DeFi, Exploits, From, Report, Stemmed, Stolen

Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

23rd April 2022 by admin

Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements

Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal entities. Crypto Industry’s Letter to EU Policymakers Forty-six European crypto businesses and …

Filed Under: Bitcoin News Tagged With: Businesses, Crypto, Disclosure, Finance, Loosen, Ministers, Requirements

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

22nd April 2022 by admin

National Bank of Ukraine Temporarily Bans Cross-Border Crypto Purchases With Hryvnia

The central bank of Ukraine has introduced additional restrictions on international transactions that will prevent Ukrainians from buying crypto assets abroad with the national fiat. The measures are intended to reduce capital outflow amid an ongoing military conflict with Russia. Ukraine Citizens Not Allowed to Buy Crypto Abroad From Local Currency Accounts The National …

Filed Under: Bitcoin News Tagged With: Bank, Bans, CrossBorder, Crypto, Hryvnia, National, Purchases, Temporarily, Ukraine

Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu

20th April 2022 by admin

Robinhood Begins European Expansion — Acquiring Regulated UK-Based Crypto Firm Ziglu

Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big opportunity in serving customers across the globe.” Robinhood Acquiring Regulated Crypto Firm Ziglu Popular U.S.-based trading platform Robinhood announced Tuesday that it has signed an …

Filed Under: Bitcoin News Tagged With: Acquiring, Begins, Crypto, European, Expansion, Firm, Regulated, Robinhood, UKBased, Ziglu

Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments

18th April 2022 by admin

argentinian

The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, to advance new fintech and crypto-regulated instruments to the market. Argentinian Securities Regulator Assigns …

Filed Under: Bitcoin News Tagged With: Argentinian, Crypto, Discuss, Innovation, Investments, Launches, Regulated, Regulator, Securities

Indian Crypto Exchanges Disable UPI, Other Payment Options

14th April 2022 by admin

Indian Investors Alarmed as Crypto Exchanges Disable UPI, Other Payment Options

A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian …

Filed Under: Bitcoin News Tagged With: Crypto, Disable, Exchanges, Indian, Options, Payment

Delivery App Rappi Launches Pilot Project to Accept Crypto Payments in Mexico

13th April 2022 by admin

Rappi

Rappi, one of the biggest delivery companies in Latam, has launched a pilot project with the objective of accepting cryptocurrencies as a payment method. Users will be able to buy Rappi credits with cryptocurrency to spend later on various services offered by the app. This functionality will only be available for users of these …

Filed Under: Bitcoin News Tagged With: Accept, Crypto, Delivery, Launches, Mexico, Payments, Pilot, Project, Rappi

Gamified Financial and Crypto Education: How Dohrnii Is Changing the Game

7th April 2022 by admin

sponsored The crypto space is growing at a rapid pace, and it’s beginning to change major industries around the world. Even with the widespread of crypto, some people still do not have any idea of what it is. According to a survey mabe by Financial Conduct Authority (FCA), three in 10 people in the …

Filed Under: Bitcoin News Tagged With: Changing, Crypto, Dohrnii, Education, Financial, Game, Gamified

Judge Dismisses Lawsuit Against Binance for Allegedly Selling Unregistered Crypto Securities

4th April 2022 by admin

A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit.What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below. Disclaimer: This article is for informational purposes only. […]

Filed Under: Bitcoin News Tagged With: Against, Allegedly, Binance, Crypto, Dismisses, Judge, Lawsuit, Securities, Selling, Unregistered

Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates

3rd April 2022 by admin

Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates

A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part of efforts to legalize Russia’s crypto space. …

Filed Under: Bitcoin News Tagged With: Crypto, Finance, Home, Indicates, Mining, Ministry, Official, Russia

Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says

2nd April 2022 by admin

Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says

With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia Recognizes Need for Local Crypto Assets Market Amid expanding international sanctions …

Filed Under: Bitcoin News Tagged With: Create, Crypto, Finance, Infrastructure, Market’, Ministry, Motivate, Russia, Sanctions, Says

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

29th March 2022 by admin

Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%

An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto. Indian Parliament Member Wants …

Filed Under: Bitcoin News Tagged With: Asks, Crypto, Government, Income, Indian, Member, More, Parliament, Than

Ombudsman Receives Complaints About Crypto Investments in Spain

22nd March 2022 by admin

ombudsman

The Spanish ombudsman has been receiving complaints about cryptocurrency and how some Spanish citizens investing in these vehicles have lost everything. In his annual report, Angel Gabilondo recognized the rise of cryptocurrencies as a new problem due to the little or no regulation crypto sees in the country. In the same way, the EU …

Filed Under: Bitcoin News Tagged With: About, Complaints, Crypto, Investments, Ombudsman, Receives, Spain

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