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Ghana's vice president declares Africa should embrace digital currencies
29.7.2021
Digital currencies are primed to reinvent trade between African countries
PayPal's crypto 'super app' set to roll out soon
29.7.2021
Dan Schulman said the project was already "code complete" and planned to be fully ramped in the United States in the next several months
Anchorage Digital will custody crypto seized by US Marshals
29.7.2021
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage's "stringent processes and procedures" as likely factors in the decision from the federal agency
Market Wrap: Bitcoin Expected to Pause Before Next Rally
28.7.2021
Analysts expect bitcoin to pause at around $40K before its next leg up
VORTECS™ Spotlight: Here’s why Telcoin’s (TEL) rebound eclipsed most altcoins
28.7.2021
As Bitcoin price reversed course, a key trading indicator flashed bullish hours before TEL embarked on a sharp 82% rally
BIT Mining steps up Bitcoin mining operations in Kazakhstan
28.7.2021
The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022
Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000
28.7.2021
LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encounter resistance at the $40,000 level
South Korea Proposes Law Allowing Direct Seizure and Sale of Crypto Assets to Pay Overdue Taxes
28.7.2021
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approved change in ownership records. Assets held by...
US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money at Risk
28.7.2021
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi) as “a shady, diffuse network of online funny money,” he said, “if we want a solution...
Digital currency may be an answer to help the unbanked, Sen. Warren says
28.7.2021
Democratic Senator Elizabeth Warren appeared to have softened her stance on the crypto industry in recent remarks
Crypto frenzy may be winding down, Visa CFO says
28.7.2021
This spring, crypto-related transactions using Visa were a significant boost to the company's cross-border volume, although this effect is beginning to wane
Buterin’s $1B SHIB donation tricky to cash out, says fund manager
28.7.2021
Realizing Vitalik Buterin's $1 billion donation in Shiba Inu coins to the Covid Crypto Relief Fund in India has turned out to be a labyrinthine process for the fund's creator
Binance cuts withdrawal limits, rolls out tax reporting tool
28.7.2021
Existing Binance users will not be able to withdraw more than 0.06 BTC per day without completing full KYC verification, effective in August
Japan to test Ripple’s ODL service for money transfers to Philippines
28.7.2021
Japan’s first On-Demand Liquidity (ODL) service implementation helps Ripple to drive the adoption of crypto-enabled services
Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows
28.7.2021
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency...
IMF Warns Against Adopting Crypto Assets Like Bitcoin as Legal Tender
28.7.2021
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF Warns of Risks in Adopting Cryptocurrencies as National Currency...
Traders anticipate 'DeFi Summer 2.0’ after TVL and token prices rise
28.7.2021
A rally in blue-chip DeFi tokens and the sector’s rising total value locked has traders hopeful that a prolonged rally will take place
Senator Warren Urges Treasury Secretary Yellen to Urgently Adopt Policy to Mitigate Cryptocurrencies’ Risks
28.7.2021
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt the proper regulatory regime for these assets, the more...
Mastercard Launches Global Program to Help Cryptocurrency Startups Scale Their Innovations
28.7.2021
Payments giant Mastercard has launched a new, global program for cryptocurrency startups. Seven crypto companies have already joined the program. Together with Mastercard, they will work to “expand and accelerate innovation around digital asset technology and make it safer and easier...
Crypto app Valora raises $20M, becomes independent from Celo
27.7.2021
Valora said it will use the funds for product development and create educational content "to get more people comfortable using cryptocurrencies."