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Grayscale Investments Launches Smart Contract-Focused Diversified Fund
22.3.2022
The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
21.3.2022
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs
Indian crypto tax policy to treat each digital asset investment independently
21.3.2022
The government intends to treat each crypto trading pair transaction separately, deterring traders as the gov't would only tax their profits without accounting for the losses
The Number of SHIB Holders Shudders in 3 Days, Shiba Inu Slid 17% in Value Last Month
20.3.2022
While most digital currencies have seen gains during the last month, the meme token called shiba inu has lost more than 17% during the last 30 days. Despite the fact that shiba inu is down 72% from the crypto asset’s all-time high, shiba inu is still up 37,130% against the U.S. dollar over...
Litedex Protocol, the First DEX in Indonesia Supported by Deputy Minister of Trade as a Meta Finance Blockchain Developer, to be listed on LBank
20.3.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 20th, 2022 – LBank Exchange, a global digital asset trading platform, will list Litedex (LDX) on March 23, 2022. For all users of LBank Exchange, the LDX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 23, 2022....
Member of St. Maarten’s Parliament Plans to Have His Entire Salary Paid in Bitcoin Cash
19.3.2022
On Saturday, the leader of the United People’s Party and member of St. Maarten’s Parliament, Rolando Brison, announced that he’s become the first elected official to request his entire salary paid in bitcoin cash. Brison believes St. Maarten can be the “Crypto Capital...
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
19.3.2022
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges...
Ukraine’s Largest Bank Suspends Money Transfers to Crypto Exchanges
19.3.2022
Privatbank, the largest commercial bank in Ukraine, has temporarily halted transfers in national currency to digital asset exchanges. The financial institution explained the move with restrictions imposed by the country’s central bank under the current martial law. Leading Bank in Ukraine...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX
19.3.2022
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed...
US Senators Introduce Crypto Sanctions Bill — Expert Says It’s Overbroad, Unconstitutional
19.3.2022
U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build, operate, and use cryptocurrency networks even if they have no knowledge...
Bank of Russia Allows Sberbank to Issue Digital Financial Assets
18.3.2022
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market....
Mike Novogratz Expects Bitcoin to Hit $500K — Says BTC Is a Great Alternative in Economies With Poor Stewardship
18.3.2022
Galaxy Digital CEO Mike Novogratz says bitcoin is a great alternative and a lifeline to people in countries with poor stewardship of the economy. He expects the price of the cryptocurrency to hit $500K. “We see an adoption cycle that accelerates … going viral everywhere,”...
Central Bank of Russia issues digital asset license to Sberbank in apparent policy reversal
17.3.2022
The entity had previously called for the government to ban cryptocurrencies in Russia
IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework
17.3.2022
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk....
Elliptic Identifies ‘Several Hundred Thousand Crypto Addresses’ Tied to Russia-Based Sanctioned Actors
17.3.2022
As the Russia-Ukraine conflict continues, blockchain surveillance companies have discussed and implemented ways to combat sanctioned countries from using digital assets. Last week, Chainalysis revealed screening tools for crypto firms that aim to comply with international sanctions. On Monday,...
Robert Kiyosaki Predicts End of US Dollar — Says War Giving Rise to Crypto as Safer Haven Than Fiat Money
17.3.2022
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted the end of the U.S. dollar. Furthermore, he said that the Russian-Ukraine war has given rise to crypto as “a safer haven asset than government fake fiat money.” Robert Kiyosaki on War...
Bobatama (BOBA) Is Now Available for Trading on LBank Exchange
16.3.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed Bobatama (BOBA) on March 16, 2022. For all users of LBank Exchange, the BOBA/USDT trading pair is now officially available for trading. Bringing the first ever...
Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services
16.3.2022
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custodial services, and portfolio management to customers under the supervision of the Bahrain...
CPLAY Network (CPLAY) Is Now Available for Trading on LBank Exchange
15.3.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed CPLAY Network (CPLAY) on March 15, 2022. For all users of LBank Exchange, the CPLAY/USDT trading pair is now officially available for trading. While growing rapidly, crypto space...