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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

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

Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center

24th February 2022 by admin

The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted a license that allows it to operate in the UAE’s …

Filed Under: Bitcoin News Tagged With: Bank, Center, Crypto, Financial, Gets, License, Operate, SEBA, Swiss

Billionaire Bill Miller Has ‘Very Big’ Bitcoin Position — Calls BTC ‘Insurance Against Financial Catastrophe’

12th February 2022 by admin

Billionaire Investor Bill Miller Has

Veteran investor and fund manager Bill Miller says he has “a very big position” in bitcoin and expects to see a lot of institutional adoption this year, particularly among endowments and foundations. “Bitcoin is insurance against financial catastrophe,” he opined. Bill Miller Says ‘Bitcoin Is Insurance Against Financial Catastrophe’ Famed value investor Bill Miller …

Filed Under: Bitcoin News Tagged With: ‘Insurance, Against, Big’, Bill, Billionaire, Bitcoin, Calls, Catastrophe’, Financial, Miller, Position, Very

Tesla’s Latest Financial Statement Shows Bitcoin Worth $1.26 Billion

27th January 2022 by admin

Tesla

Elon Musk’s electric car company, Tesla, did not sell any bitcoin in the fourth quarter, according to the company’s latest financial statement. Tesla is holding bitcoin worth $ 1.26 billion. The company still has not resumed accepting bitcoin payments but now accepts the meme cryptocurrency dogecoin (DOGE) for some merchandise. Tesla Did Not …

Filed Under: Bitcoin News Tagged With: $1.26, Billion, Bitcoin, Financial, Latest, Shows, Statement, Tesla’s, Worth

IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability

15th January 2022 by admin

IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability

Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our Analysis Suggests Crypto Assets Are No Longer on the Fringe of the Financial System’ The …

Filed Under: Bitcoin News Tagged With: Could, Countries, Crypto, Financial, Pose, Risks, Soon, Stability

Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

19th December 2021 by admin

Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan

SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink, and polkadot. SBI Group’s New Crypto Fund Leverages 7 Different Digital …

Filed Under: Bitcoin News Tagged With: Company, Crypto, Diversified, Financial, Fund, Group, Japan, Launches, Services

Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial System

12th October 2021 by admin

Bank of England: Crypto Assets Pose ‘Limited’ Risks to Stability of UK Financial SystemBank of England: Crypto Assets Pose

The Bank of England says that crypto assets pose “limited” direct risks to the stability of the country’s financial system. “Cryptoasset and associated markets and services continue to grow and to develop rapidly. Such assets are becoming increasingly integrated into the financial system,” the U.K.’s central bank described. Crypto Poses Limited Risks to UK’s …

Filed Under: Bitcoin News Tagged With: ‘Limited’, Assets, Bank, Crypto, England, Financial, Pose, Risks, Stability, System

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

16th September 2021 by admin

US Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial InclusionUS Senator Warren Presses SEC to Address Crypto Exchange Outages, High Transaction Fees, Financial Inclusion

At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With …

Filed Under: Bitcoin News Tagged With: Address, Crypto, Exchange, Fees, Financial, High, Inclusion, Outages, Presses, Senator, Transaction, Warren

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

15th September 2021 by admin

Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy DocumentDigital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document

The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of …

Filed Under: Bitcoin News Tagged With: Curb, Digital, Document, Financial, Help, Money, Ruble, Russia, Says, Strategy, Surrogates’

Using a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa

9th August 2021 by admin

Using a Crypto Loan App to Bring Financial Services to Excluded Groups in AfricaUsing a Crypto Loan App to Bring Financial Services to Excluded Groups in Africa

In much of Africa, many people still lack access to basic financial services for many reasons. One of the reasons is that financial institutions have set standards or thresholds that make it impossible for low-income earners to even open a bank account. Access to soft loans or other forms of financing is even more …

Filed Under: Bitcoin News Tagged With: Africa, Bring, Crypto, Excluded, Financial, Groups, Loan, Services, Using

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