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Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
13.7.2022
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....
Here's the 'Final Guidance' on 'Stablecoin Arrangements' by BIS and IOSCO
13.7.2022
The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements.
In a report released today and shared with Cryptonews.com, the BIS’ Committee on Payments and Market Infrastructures and...
Charlie Munger: Everybody Should Avoid Crypto ‘as if It Were an Open Sewer, Full of Malicious Organisms’
13.7.2022
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has a message for investors considering cryptocurrency. “Never touch it,” he stressed, adding that everyone should follow his example and avoid crypto “as if it were an open sewer, full...
Picpay to Offer Cryptocurrency Services in Brazil to More Than 60 Million Customers
12.7.2022
Picpay, one of the most popular payments fintech companies in Brazil, has announced that it will start including cryptocurrency services in its app. The company explained that these services will include the possibility of purchasing crypto and processing payments with crypto directly. Picpay...
AMP Reaches to Year Lows; Can It Bounce Back to All-Time Highs?
12.7.2022
AMP token was suddenly a thunderous response after the first few months of mummed momentum since its release in September 2020. The spike in the first half of 2021 was legendary but now obvious as it was a good few months for the entire crypto markets. Unlike the major cryptocurrencies, AMP could...
Crypto Falls Ahead of US Inflation Figure as Bitcoin On-Chain Metrics Signal ‘Oversold Conditions’
12.7.2022
The crypto market fell on Tuesday ahead of a US inflation report for June that is feared to show that consumer prices have continued to rise at a faster pace despite interest rate hikes. Meanwhile, more on-chain signs are now indicating that a bottom for bitcoin (BTC) could be about...
Best Early Investments For Multi-Million Dollar Potential Returns: Uniglo (GLO), Fantom (FTM), & Evmos (EVMOS)
12.7.2022
Getting in early is key with a lot of crypto projects these days. That’s how Bitcoin made millionaires and billionaires- those who bought BTC when it was $0.10 or $1 each. NOT those people that switched their investment funds in at $20,000. While BTC might still have upside after some recent...
G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October
12.7.2022
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October. FSB to Present Robust Crypto Regulatory Framework to G20 in October...
Venezuelan Crime Gang Was ‘Stealing Crypto from Retirees’
11.7.2022
A Venezuelan police agency says it has caught criminals who have allegedly stolen cryptoassets from pensioners by misusing the Patria crypto remittance platform....
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Voyager can't guarantee all customers will receive their crypto under proposed recovery plan
11.7.2022
The crypto lending firm said that the exact amount reimbursed to users will “depend on what happens in the restructuring process and the recovery of 3AC assets."
Gate.io Announces 365% APR with New Stablecoin Empowerment
11.7.2022
Gate.io recently released an official tweet about empowering stablecoins. The network offers users an opportunity to earn up to 365% APR. Besides this, Gate.io is also looking forward to a prospective future in the Polkadot ecosystem. The network requested that users lend their ACA tokens to make...
UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
11.7.2022
Venezuela, one of the first countries in Latam to be considered “crypto-friendly” by some standards, has ranked third in adoption rates, according to a report issued by the United Nations. The report, issued last month, states that the cryptocurrency ecosystem has grown by 2,300%...
InsureDAO Partners Astra Network For Ambitious Growth Plans
11.7.2022
Post its Optimum Launch, InsureDAO has formally announced they are going live on Astar Network as part of their multi-chain strategy. The objective and priority of InsureDAO are to lessen the risk factors involved in the upcoming projects and speed up the project launch on Astar. A huge...
Crypto Exchange Bitso Launches Remittance Service in Colombia
11.7.2022
Bitso, a Mexican-based, Latam operating cryptocurrency exchange, announced it is launching a remittance service in Colombia. The company will now allow its customers in Colombia to send and receive remittances using dollar-pegged stablecoins on the platform. The exchange launched a similar service...
MyFunding.Network: Providing Stable ROI of 1.5% Daily with AI Trading Bot on BNB Chain
11.7.2022
Trading in cryptocurrencies may be intimidating for anybody, even seasoned investors. Investors who are new to bitcoin trading might occasionally become perplexed by the voluminous assortment of trading tools and analysis platforms. These possibilities, at best, deter people from actively trading;...
ING Bank Spins Off Its Cryptocurrency Custody Platform to GMEX Group
11.7.2022
Netherlands-based ING Bank has spun out Pyctor, its cryptocurrency custody and post-trade infrastructure platform
Bets.io
11.7.2022
Bets.io is not just a gambling platform that accepts cryptocurrency, but it is one of the best gambling sites on which deposits and withdrawals are made exclusively with digital coins. You are however benefited here, as the crypto payments are … Continued
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‘Wolf of Wall Street’ Jordan Belfort Says He’d Be Shocked if You Didn’t Make Money Investing in Bitcoin Long Term
11.7.2022
Jordan Belfort, aka the Wolf of Wall Street, says if you take a three, four, or five-year horizon, he would be shocked if you didn’t make money investing in bitcoin because the underlying fundamentals are really strong. The Wolf of Wall Street Shares Bitcoin Outlook Jordan Belfort, aka...
A brief history of Bitcoin crashes and bear markets: 2009–2022
10.7.2022
Bitcoin has historically seen its price down from previous highs for more than three years, and the latest peak took place just seven months ago
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
10.7.2022
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...