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Pakistan Central Bank Governor on Cryptocurrency: ‘The Potential Risks Far Outweigh the Benefits’
18.2.2022
The Pakistani central bank governor, Reza Baqir, recently revealed that his organization has determined the risks posed by cryptocurrencies “far outweigh the benefits.” The governor, however, suggested that if solutions that address these potential risks emerge, the central bank...
What Are the Perspectives of the NEAR Project?
18.2.2022
Crypto analysts and traders believe that the NEAR token will soon manage to repeat the conditions of December 2021 and double its value. According to the experts, the altcoin is currently accumulating volumes and are preparing for a sharp price rise. On February 15th, the NEAR token was trading...
Berkshire Hathaway’s Charlie Munger Says Government Should Ban Bitcoin — Calls Crypto ‘Venereal Disease’
18.2.2022
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, wishes crypto would be banned immediately. He says the government made “a huge mistake” to allow cryptocurrencies, like bitcoin. “It’s like a venereal disease,” he opined....
US State Wants to Lead in Crypto Acceptance — Colorado to Accept Crypto for Tax Payments This Summer
18.2.2022
The U.S. state of Colorado is preparing to accept cryptocurrency for tax payments, said Governor Jared Polis. “We expect to accept crypto by this summer,” he said, adding that after tax payments, crypto will be accepted for other things like driver’s licenses or hunting...
Banning Crypto Is Like Banning Internet in Russia, Finance Minister Says Amid Differences With Central Bank
17.2.2022
It’s impossible to ban cryptocurrencies in Russia, the country’s minister of finance has stated in his first comments on his department’s latest disagreements with the Russian monetary authority. The two institutions are reportedly failing to reach consensus on crypto...
Slovenian Finance Ministry Unveils Draft Bill To Tax Crypto Trading
17.2.2022
In another sign of intensifying work on crypto-related legislation among European countries, the Slovenian Ministry of Finance has released a draft bill that is to introduce a tax on cryptoasset trading. As a next step, the government could submit the draft bill to the Slovenian parliament for...
Ukraine’s updated crypto bill kicks one ministry out as regulator
17.2.2022
Ukraine’s crypto bill was previously returned for revision due to the creation of a new regulatory body for crypto oversight
Technical Analysis: ATOM Hits 1-Week High — AXS, LEO, THETA Dip Lower
17.2.2022
Despite Thursday’s selloff in cryptocurrencies, cosmos managed to hit its highest level in the last week. The rally came as one of yesterday’s big gainers, THETA, slipped in today’s session. Biggest gainers Cosmos (ATOM) moved higher in today’s session, despite...
Blockchain community busts alleged $20M NFT drop scam before sale completion
17.2.2022
Thanks to vigilant crypto enthusiasts, the alleged scammers were stopped dead in their tracks
Canadian Police Freeze Crypto Wallets Tied to Freedom Convoy Protests — Vow to Take Back Ottawa in Entirety
17.2.2022
Canada’s national police have sent letters to cryptocurrency exchanges asking them to freeze at least 34 crypto addresses allegedly connected to the Freedom Convoy protests under the Emergencies Act recently invoked by Prime Minister Justin Trudeau. Banks have also received letters about...
Binance stopped 'all activities focused on Israel' following regulatory request: Report
17.2.2022
"Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority
Late Drama Threatens to Disrupt Russian Crypto Regulation Plans
17.2.2022
Friday is supposedly D-Day for Russian parliamentarians, who are set to unveil their much-talked-about draft crypto regulation bill – but the drama continues to rumble on, leading some to questions whether the law will indeed pass as quickly as some have hoped....
Read More: Late Drama Threatens...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Prices Fall Lower Against USD
17.2.2022
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent...
India’s crypto tax provides little legal clarity for traders and exchanges
17.2.2022
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility
Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners
17.2.2022
The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to legalize the industry and utilize Russia’s strengths as a mining...
Inflation Is 'Huge Danger' as the US Government 'Overdid It a Little' - Charlie Munger
17.2.2022
While Berkshire Hathaway’s Vice Chairman Charlie Munger continues to voice his usual criticism of crypto, he also warns that inflation "is a very serious subject, you could argue it is the way democracies die" and "a huge danger."
He was speaking during an interview with Yahoo Finance....
Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests
17.2.2022
The Royal Canadian Mounted Police (RCMP), the country's federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests....
Read More: Canada Asks Banks...
Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies
17.2.2022
Nearly seven out of ten surveyed Americans said they were aware of risks that are associated with cryptocurrencies, a new study by Nordvpn has found. However, about 32% of the respondents said they were not aware of any risks. Understanding Cryptocurrencies According to the findings of a...
Compliance and User Protection Remain Binance’s Top Commitment
17.2.2022
The Covid-19 pandemic hit every possible industry in the world. Many companies had to shut their doors as people lost their jobs in large numbers. Future looks concerning with new variants coming up nearly every quarter. Markets are recovering, and people are now trying to get their jobs back....
Love to Earn? Try Phemex’s New Campaign on Valentine’s Day
17.2.2022
Phemex, an efficient crypto exchange, is all geared up to spread the love this Valentine’s Day and shower all new and existing users with love and Bitcoins. New users at Phemex will have to follow campaign actions and register to get free cryptocurrencies. Users who register during this week will...