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Norwegian billionaire ditches skepticism, invests in local crypto exchange
29.3.2021
Norwegian billionaire investor Øystein Stray Spetalen made a 180° reversal in his opinions about cryptocurrency this month and now part-owns domestic crypto exchange MiraiEx
Coinbase Announced 'Business Presence' in India With New Local Hires
25.3.2021
US-headquarted major crypto exchange Coinbase is now hiring in India, amidst numerous speculations of a possible crypto re-ban in the country, and ahead of the company's direct listing.
Coinbase said today that it's "establishing a business presence in India." Its plans for this...
Major Israeli Investment House Invested $100 Million in the Grayscale Bitcoin Trust Fund in December 2020
12.3.2021
One of the biggest asset managers in Israel allocated millions of dollars into the shares of Grayscale’s Bitcoin Trust (GBTC). Altshuler Shaham is now gaining exposure to bitcoin by investing $100 million in shares, according to a local media outlet. Altshuler Shaham Currently Holds $150M...
Colombian Cryptocurrency Project Kmuschicoin Gains Popularity as Adoption on Local Stores Grows
11.3.2021
A Colombian entrepreneur has joined forces with a Venezuelan teenager to launch a cryptocurrency in Boyacá, Colombia. The region is now known in the local crypto industry as the home of the most popular emerging local crypto in the country. Over 5,000 People From Other Countries Currently Hold...
South Korean Officials Notice a Sudden Rise in Crypto Mining Rigs Imports- Over 41 Shipments Intercepted in 3 Months
11.3.2021
Crypto adoption is a hot topic in South Korea, and recent figures have been proving it. However, crypto mining activity is also starting to gather interest across the country, per the latest reports from local media outlets. A Single Rig Should Worth $150 ‘or Less’ to Be Considered...
German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country
10.3.2021
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody services. Bank Will Also Explore Further...
Portuguese Authorities Contemplate Launching an Investigation on Local Crypto Social Media Influencers
10.3.2021
Portuguese authorities are reportedly planning to take action against social media influencers who provide advice on crypto-related investments. The plans are being discussed in the wake of an online petition signed by thousands of Portuguese. A Crypto Youtuber Already in the Authorities Loop...
Huobi and Seychelles regulators can’t agree on where the exchange is registered
9.3.2021
The major crypto exchange has long claimed registration in the famous offshoring haven
Southeast Asia's first Bitcoin fund launches to meet local institutional demand
9.3.2021
The BCMG Genesis Bitcoin Fund-I will be available to accredited Asian investors
South Korean Crypto Transactions Command an Average of $7 Billion per Day on Domestic Exchanges
9.3.2021
An investigation unveiled a growing fever among crypto traders in South Korea, who actively transact cryptocurrencies every day. Local media outlets are returning to adopt the term “crypto fever” as the recent billion-dollar figures confirm such a trend. Figures Are Now Higher Than 2018...
Argentinean Startup Accelerator Launches Crypto Mining Farm in Mar Del Plata
7.3.2021
The Technological District of Mar del Plata, Argentina, will host a massive crypto mining operation backed by a domestic startup accelerator. Lothal Mining is the company that will run the operations of the mining firm in the Argentinean city. Firm Will Mine Ethereum During the First Stage...
Thai Financial Regulator Claims Controversial Crypto Rule Proposal Was Just to Gauge Public Opinion
4.3.2021
The Thai financial watchdog has reportedly retreated from its initial controversial crypto rule proposal. Citing the country’s Securities and Exchange Commission (SEC), a local media outlet stated that public criticism was significant regarding the matter. People ‘Misunderstood’...
Kentucky to provide tax breaks for local crypto miners
3.3.2021
Kentucky needs to attract more crypto mining businesses by offering tax breaks, local lawmakers believe
Turkish finance ministry to study cryptocurrency with local regualtors
2.3.2021
Regulators are taking a hard look at crypto in Turkey, but local experts welcome the oversight
Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor
25.2.2021
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. 23, Lee forecast that bitcoin (BTC) will see increased price swings going forward...
Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
17.2.2021
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues...
Blockchain Firm Asks Nevada State for Permission to Build a Crypto ‘Smart City’ in Storey County
17.2.2021
A crypto “smart city” could become a reality in Nevada’s desert, as a blockchain firm applied to make it possible. The investment company asked the state of Nevada to form a local government in Storey County. Crypto City Aims to Host 33 Million Square Feet of Commercial Space...
South Korean Blockchain-powered Local Stablecoins Set for Another Boost
17.2.2021
Local stablecoins are making waves in South Korea again, with platforms that allow customers to spend tokens forecasting positive growth in 2021 – and leading candidates in the nation’s two biggest mayoral elections pledging to expand the scope of local government-issued coins.
Much of South Korea...
Mexican Companies Are Willing to Join the Bitcoin Bandwagon in the Wake of Tesla’s Investment, Says Expert
17.2.2021
Bitcoin-buying frenzy among major companies could hit Mexican firms soon, as interest keeps increasing across the country. An expert is expecting that local businesses will follow the same path as mainstream U.S.-based companies such as Tesla. Current Bitcoin Performance Could Make Companies...
Tackling Crypto Mass Adoption: Jax.Network’s Mission
15.2.2021
PRESS RELEASE. Even though Bitcoin and Ethereum are called ‘cryptocurrencies’ people still treat them like assets instead of currencies. People are not spending cryptocurrencies on a large scale, nor are merchants accepting them on a similar scale. Generally speaking, you still cannot...