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Binance taps former central bank exec to push compliance in CIS and Russia
11.1.2022
Binance makes another major strategic move in one of the world’s biggest cryptocurrency miner regions
US Agency Calls For Stricter Regulation Of Crypto ATMs
11.1.2022
As the spread of cryptocurrency ATMs is accelerating, a recently released report by the US Government Accountability Office (GAO) claims the devices are widely used to facilitate payments for criminal acts such as human trafficking and drug sales. With this in mind, the report calls...
Binance CEO is Reportedly Richer than Mukesh Ambani with $96B Net Worth
11.1.2022
The crypto market has flourished in the past couple of years, so much so that Binance CEO is now competing against names like Bill Gates, Elon Musk, Mark Zuckerberg, etc. Bloomberg’s recent net worth evaluation shows Changpeng Zhao amassing a whopping 96 billion dollars in net worth....
Verida and Nimble Partnering for Implementation of Insurance Protocol
11.1.2022
Verida announces its collaboration with Nimble that will help in improving the insurance protocol of Nimble, which is completely decentralized, along with the platform, which is built on the Algorand Blockchain. Using Algorand Blockchain, Nimble is working on democratized and decentralized...
Iran Reportedly Set to Allow Digital Currencies Usage for International Payments
11.1.2022
Iran is reportedly set to finalize a scheme that would allow merchants to use digital currencies in international trades.
According to a local media outlet, Alireza Peyman Pak, head of the Trade Promotion Organization of Iran, said that the country's Central Bank reached an agreement with...
Binance Becomes Official Sponsor of the TotalEnergies Africa Cup of Nations (AFCON 2021)
11.1.2022
Binance is thrilled to announce that it is an official sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament, taking place from January 9 till February 6, 2022 in Cameroon. What To Expect This sponsorship deal will make Binance the exclusive cryptocurrency and blockchain...
Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira
11.1.2022
Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing...
UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation
11.1.2022
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
11.1.2022
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen...
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High
10.1.2022
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of...
Australia's largest crypto exchange will sponsor tennis star Ajla Tomljanovic
10.1.2022
Users from the crypto exchange will have the chance to win tickets to two tournaments and a meeting with Ajla Tomljanovic using a nonfungible token showing proof of attendance
XRPayNet – the World’s Most Diverse Payment Network, Bringing ‘Buy Now, Pay Later’ to the Crypto Industry
10.1.2022
PRESS RELEASE. XRPayNet is a cryptocurrency built on the XRP Ledger, with an upcoming global team focused on one goal: a globally adopted interface and ecosystem for payment settlements that is suitable for stores, businesses, peer to peer transactions and those who sell products and services....
PayPal Considers Releasing its Own Stablecoin
10.1.2022
Since opening trading to all customers in 2020, PayPal has already been broadening its crypto biz. It has permitted US clients to spend with cryptos and has continued to increase its crypto purchase constraint over the last year, and now, PayPal has allegedly revealed that it is developing...
Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country
10.1.2022
The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country...
World’s Biggest Crypto Fortune Began With A Friendly Poker Game
10.1.2022
Changpeng Zhao has become an unlikely entrant in the list of Bloomberg Billionaires Index. He recently surpassed Mukesh Ambani to become Asia’s wealthiest entrepreneur. Zhao is now closer to overtaking Mark Zuckerberg and Larry Page & Sergey Brin. His journey into the world of Crypto began at...
Report: Kenya Set to Scale Up Adoption of Cryptocurrencies in 2022
10.1.2022
In his Africa crypto market predictions for 2022, Marius Reitz, the general manager for Luno in Africa, has predicted that Kenya will scale up the adoption of cryptocurrencies. To support this assertion, Reitz points to Kenya’s as position as the leader in the world’s peer-to-peer...
Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23
10.1.2022
An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
10.1.2022
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial...
Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to Do Well Once Regulations Come Into Focus
9.1.2022
Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once...
Kosovo Seizes Hundreds of Crypto Mining Machines in Crackdown
9.1.2022
Police in Kosovo seized another batch of over 200 mining devices as part of raids that started on Thursday. The offensive against underground crypto farms was launched after authorities in Pristina banned the power-hungry minting of digital currencies amid an energy crisis in the country....