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Bank of America outlines 4 potential benefits of El Salvador’s Bitcoin strategy
1.8.2021
“More than 70% of the adult population of El Salvador does not have a bank account,” reads the latest Global Research report from Bank of America. “For that reason, democratizing access to electronic payments, through Bitcoin, has a progressive touch.”
Leader of Nigerian Crypto Stakeholders’ Body Welcomes the E-Naira — Says It ‘Comes With No Magic Wand’
1.8.2021
Nigeria’s proposed digital currency, the e-naira, is likely to be a welcome boost to ongoing efforts to reduce the number of Nigerians that are financially excluded, a leader of a stakeholders’ body has said. However, according to Senator Ihenyen, the president of Stakeholders...
Digitizing charity: We can do better at doing good
1.8.2021
Blockchain technology won’t just make online donations easier, it will pave the way for exciting new forms of charity fundraising
Pro traders look for this classic pattern to spot Bitcoin price reversals
31.7.2021
Crypto and stock traders view the inverse head-and-shoulders pattern as an early signal that a bullish trend reversal is in the making
Central Bank Governor: South Africa’s Digital Currency Study Ongoing
31.7.2021
South African Reserve Bank (SARB) governor, Lesetja Kganyago, has once again confirmed that the central bank is presently studying the feasibility of issuing a digital currency. In his remarks at the SARB’s annual general meeting, governor Kganyago suggested his organization has embarked...
German law allowing institutional funds to hold crypto comes into effect Aug. 2
31.7.2021
As much as $415 billion worth of investments could flow into cryptocurrencies as new laws governing German Spezialfonds go into effect
Fed Governor Lael Brainard Can’t Imagine Future Without Digital Dollar
31.7.2021
Pointing to a number of reasons why a digital version of the U.S. dollar should be created, Federal Reserve Governor Lael Brainard insisted that not having one wouldn’t lead to a sustainable future. The central bank official believes a digital dollar will have both international and domestic...
Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report
31.7.2021
A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla...
Central Bank of Ireland Governor Talks Crypto, Praises ‘Secure, Decentralized’ Technology
31.7.2021
Gabriel Makhlouf, the governor of the Central Bank of Ireland (CBI), has published a blog post in which he shares his views on the digitalization of finance. While echoing concerns expressed by his counterparts regarding cryptocurrencies, the official has also highlighted some of their positives....
5 easy ways crypto investors can make money without needing to trade
31.7.2021
Want to get paid to HODL? Here are five easy ways crypto investors make money without trading
Binance completes Polygon wallet integration
30.7.2021
The company indicated that transactions should now be cheaper than utilizing the traditional Polygon-Ethereum bridge
Bank of Russia Exposes Nearly 150 Financial Pyramid Scams, Fraudsters Exploit Crypto Craze
30.7.2021
The Central Bank of Russia (CBR) has identified 146 financial pyramid schemes in only six months this year. Fraudsters often lure people with weak financial literacy into investment scams linked to cryptocurrencies or crypto mining operations. Pyramid Schemes Thrive Amid Rising Investment Demand...
New bill proposes US Treasury to have full authority over fiat stablecoins
30.7.2021
The bill also calls for the Federal Reserve to be vested with the clear authority to issue a digital dollar
We have to be in the crypto space, Mastercard CEO says
30.7.2021
Mastercard is angling to become the go-to for governments and private entities when testing and rolling out central bank digital currencies or stablecoins
Large VCs are sidelining smaller crypto investors, PwC crypto lead says
30.7.2021
Inflated valuations for crypto businesses have raised the bar for small investors to participate in the ongoing innovation
State Street to launch crypto services for private funds clients
30.7.2021
After leading Lukka’s Series C funding round in late 2020, State Street partners with the firm to offer new digital asset services
Bitcoin traders express mixed emotions about what’s next for BTC price
30.7.2021
Bitcoin traders are at odds about where BTC price may head after it failed to flip the $40,000 level to support
US Marshals Service Hires Custodian for Seized Cryptocurrencies — Over 185K BTC Confiscated, Sold so Far
29.7.2021
The U.S. Marshals Service, a primary law enforcement agency of the Department of Justice (DOJ), has hired a new custodian for its seized cryptocurrencies. The agency has seized and auctioned off over 185K bitcoins so far. The United States Marshals Service (USMS) has selected Anchorage Digital...
Altcoins pump while traders anticipate a lower support test from Bitcoin
29.7.2021
RUNE, QNT and PERP continue to gather strength even as analysts expect a lower support test for Bitcoin price
Crypto population doubled to over 200M users since January, report says
29.7.2021
It only took four months for the crypto population to almost double from 106 million in February to 203 million in May, according to a new Crypto.com report