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Tanzanian Central Bank Governor: Cryptocurrencies Not Outlawed, Traders Should Invest at Own Risk
15.12.2021
The Tanzanian central bank governor recently revealed that cryptocurrencies are not outlawed in the country but warned those dabbling in crypto-related investments that they do so at their own risk. Central Bank Open to Ideas The governor of the Bank of Tanzania (BOT), Florens Luoga, recently...
Multicoin Capital Exec Says There ‘May Not Be a Crypto Bear Market at All,’ Claims ‘Bitcoin Will Get Flipped’
14.12.2021
While the crypto economy has tumbled in value during the last two weeks, the managing partner at Multicoin Capital, Kyle Samani, recently shared his views on why he thinks the “next bear market will not be like the last one.” In fact, Samani remarks that there may not even...
Market Analyst Says ‘Whole Crypto Sphere Is in a Bear Market’ as Prices Continue to Slide Lower
14.12.2021
The crypto-economy has been sliding in value this week and during the last 24 hours, it has lost 2.5% dropping to $2.3 trillion. The leading crypto asset bitcoin has slid 4.8% during the last seven days and ethereum has dropped 11.7% last week. The downward spiral has cryptocurrency advocates...
Nigerian Government Minister Calls for Regulation of Crypto, Considers Additional Body ‘to Play That Role’
14.12.2021
A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance...
Matrix Star Keanu Reeves Owns Crypto, Skeptical of NFTs, Says ‘Can We Not Have Metaverse Be Invented by Facebook’
14.12.2021
Matrix star Keanu Reeves has revealed that he owns cryptocurrency which a friend bought for him a while back. “Yeah, I have a little hodl,” he said. The famous actor also commented on non-fungible tokens (NFTs) and the metaverse. Keanu Reeves Talks Crypto, Metaverse, and NFTs Famous...
A letter to Zuckerberg: The Metaverse is not what you think it is
12.12.2021
Facebook changing its name to Meta will likely have a huge repercussion on the narrative of the metaverse as a whole
Thailand Doesn’t Prohibit Crypto Use for Payments but Warns of Price Fluctuation
12.12.2021
Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay for Goods and Services Is Not Illegal in Thailand Sakkapop...
E-Commerce Giant Amazon Backs Wax Blockchain-Based Fractional Trading Card Market Dibbs: Report
11.12.2021
According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The platform, built on top of the Wax blockchain, allows users to purchase and sell fractions of collectible trading cards. Reports further add that the financial...
Indian Prime Minister Modi Tells President Biden’s Summit: Cryptocurrency Should Be Used to Empower Democracy
11.12.2021
India’s Prime Minister Narendra Modi talked about cryptocurrency at a recent Summit for Democracy hosted by U.S. President Joe Biden. He called for global collaboration on cryptocurrencies “so that they are used to empower democracy, not to undermine it.” Prime Minister...
Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included
10.12.2021
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up...
Crypto Regulation Should Be Global, Not National - IMF Directors
10.12.2021
The rapid growth of crypto assets, associated products and services, and the interlinkages with the regulated financial system are intensifying the need for global crypto regulation that should be comprehensive, consistent and coordinated by the world’s regulators, according to a recent paper...
Help Users Accomplish What They Came For
9.12.2021
From my perspective, the question of what one thing we can do to make a website better is not a technical one. The more I browse the internet, the more I realize that the biggest issue with a lot of …
UK politicians say cryptocurrency is ‘not an investment’
9.12.2021
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements
'Nation should not compensate investors for crypto losses' says UK's Financial Conduct Authority CEO
8.12.2021
UK's top financial watchdog wants to bar investors from accessing government compensation in the event of crypto scams or not-at-fault financial loss
Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm
8.12.2021
A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be dropped, must be accepted within seven days. A Better Offer A new mystery...
Goldman Sachs CEO David Solomon Believes Blockchain Is More Important Than Bitcoin
8.12.2021
David Solomon, CEO of Goldman Sachs, one of the leading banking institutions in the world, has stated his opinion on the bitcoin vs blockchain dilemma. To Solomon, bitcoin is not as important as the advancements in technology that implementing blockchain and other new ledger-based tools can bring...
Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’
8.12.2021
The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested...
Central bank tells Thai banks not to offer crypto trading
8.12.2021
The Bank of Thailand doesn’t want local banks or businesses using crypto, while the tourism ministry is still trying to attract crypto whales
AOC Says She Doesn’t Hold Bitcoin so the Lawmaker ‘Can Do Her Job Ethically’
7.12.2021
Alexandria Ocasio-Cortez, otherwise known as AOC, is a New York representative well known for her political stances and statements. The Democrat believes that it is “absolutely wild” that U.S. representatives can buy and swap popular stocks. AOC also thinks it’s not ethical...
Report: Mirror Trading International Said to Be Owed Over $129 Million by Previously Unaccounted for Debtors
7.12.2021
Mirror Trading International, the now-defunct fraudulent bitcoin investment platform, is said to be owed more than $129 million by debtors that had not been declared previously. Unaccounted for Debtors Liquidators of the collapsed South African bitcoin Ponzi scheme, Mirror Trading International...