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Zanzibar Government Keen to Get Stakeholders’ View on Cryptocurrencies
15.11.2021
Zanzibar is keen on getting stakeholders’ views on the viability of adopting digital currencies before a final decision is made, a government minister has said. The Importance of Getting the Views of Stakeholders In his remarks during an interview with The Citizen, Mudrick Soraga, who is...
Chinese provincial official expelled for violating crypto mining ban
13.11.2021
A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of “two maintenance,” which relates to the notion of firmly maintaining the authority of the party
Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid’s Wallet
13.11.2021
A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this month. The digital currency was split into smaller amounts and deposited...
Analysts: Lack of Trust in Nigerian Government an Impediment to CBDC’s Success Prospects
12.11.2021
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist...
Ken Griffin says Bitcoin will be replaced by Ethereum-based currency
12.11.2021
Generation X billionaire businessman Ken Griffith says he thinks the “passion is misplaced when it comes to cryptocurrencies”
DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks
11.11.2021
Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital...
MetaWars Launches Strong, Now Looking to the Future
11.11.2021
PRESS RELEASE. MetaWars, a space-themed play-to-earn blockchain game utilising high-tech NFTs, is looking forward to a very bright future following a successful token launch. The game, in which players will take the role of pilots in a futuristic, post-apocalyptic 50th century space war, will...
Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says
11.11.2021
The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...
Nigerian Central Bank Intensifying Fight Against Cryptocurrency Traders
10.11.2021
Just a few days after launching the e-naira digital currency, the Central Bank of Nigeria (CBN) is now reportedly ramping up the pressure against cryptocurrency traders. Bank Employees Warned In a memo to its staff seen by Bitcoin.com News, one of Nigeria’s leading banks, FCMB, warns...
Spanish banks required to report 3-year digital currency plans
10.11.2021
Banco de España wants to assess the influence that digitalization has on financial services
‘The Unfair Advantage:’ Dune Actress Rebecca Ferguson Stars in Crypto-Centric TV Commercial
10.11.2021
In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel...
AMC Theatres on Track to Accept 4 Cryptocurrencies Next Month: CEO Expects Dogecoin and Shiba Inu to Follow
10.11.2021
The CEO of the world’s largest movie exhibition company, AMC Entertainment, says that his company is “on track” to accept four cryptocurrencies by year-end. Dogecoin (DOGE) is expected to be added in the first quarter of next year, and the company is currently figuring out...
These publicly traded firms are pulling institutions into crypto
9.11.2021
With increasing institutional capital flow into the crypto markets, publicly listed digital asset companies offer the best crypto gateway to institutional investors
Russia to change laws for digital ruble while central bank mulls 2022 prototype
9.11.2021
Russian lawmakers will reportedly begin working on the legal adjustments needed to implement the digital ruble plan scheduled for early 2022
Square Unveils Plans to Help Bitcoin Become the Native Currency for the Internet
9.11.2021
Square Inc. has affirmed that its focus is on helping bitcoin become the native currency for the internet. CEO Jack Dorsey explained, “We have a number of initiatives toward that goal” that will help “bitcoin reach a mainstream audience while at the same time strengthening...
Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7
8.11.2021
The infrastructure bill has passed, much to the crypto community's chagrin, yet the key battles lie ahead
Russia to Change 13 Laws and Codes for Digital Ruble
8.11.2021
Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia...
Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says
7.11.2021
The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ranking executive at the European Central Bank. Panetta stressed that both this...
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets
7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...
Digital Asset Manager Bakkt Reveals Plans to Provide Ethereum Services
6.11.2021
On November 5, Bakkt Holdings announced that the firm will soon let customers buy, sell, and store ethereum after offering bitcoin only since the company’s launch. The firm notes that adding ethereum comes at a time when digital currency interest and adoption continue to see significant...