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JPMorgan Says Cryptocurrency Markets Are ‘Looking Frothy’
4.9.2021
Global investment bank JPMorgan says cryptocurrency markets are “looking frothy” as retail investors spill over from the stock market into cryptocurrencies and non-fungible tokens (NFTs). Crypto Markets Look Frothy, According to JPMorgan JPMorgan published a note Wednesday on...
India Has New Plan to Regulate Cryptocurrencies: Report
4.9.2021
India is reportedly working on a new way to regulate cryptocurrencies. “The government is planning to define cryptocurrencies in the new draft bill that also proposes to compartmentalise virtual currencies on the basis of their use cases,” according to a report. How India Will...
BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet
4.9.2021
Clients of BBVA Switzerland will be able to buy, store, and trade crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be available across the European Union as well as in a number of markets in South America. BBVA Switzerland Account...
European Citizens Reject EU-Imposed Crypto Regulation
4.9.2021
Most European citizens reject the idea of a cryptocurrency regulation regime imposed by the European Union (EU) on its member states, according to a recent survey. Most surveyed citizens lean towards independent cryptocurrency regulation in each country, compared to 25% that approve an EU-imposed...
Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil
4.9.2021
A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based...
Italian Soccer Champion Inter Secures $100 Million Crypto Partnership Deal
4.9.2021
Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around...
Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance
4.9.2021
The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial...
Japan’s Financial Giant SBI to Launch Cryptocurrency Fund
4.9.2021
Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of...
Altcoin Roundup: Time to rotate! Data suggests traders are shifting from NFTs to DeFi
4.9.2021
Timing the market is near impossible, but these five metrics can help traders identify when a sector rotation is underway
Banks vs. exchanges — regulators overwhelmingly penalize fiat, not crypto
3.9.2021
Data from a recent report suggest that enforcement actions from U.S. regulators against those in the crypto space cost those firms less than 1% of that in traditional finance for the last 20 years
Binance pushes back against warning from South Africa regulator
3.9.2021
Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws
Solana extends rally with another new high — Why is SOL price up by 70% in one week?
3.9.2021
The SOL price rally also appeared in the wake of "Ignition," a global hackathon to build new platforms on the Solana blockchain
South Africa's financial regulator issues warning against Binance
3.9.2021
South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy
3.9.2021
The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare) to purchase miners and infrastructure in the country. The rise of digital currencies has created a new industry that uses cheap energy and turns it into precious...
Dfyn Integrates Chainlink Price Feeds
3.9.2021
Soon after the launch of its predictions market, Dfyn Network is now working on its integration with Chainlink Price Feeds on the main network of Polygon to employ the Oracle infrastructure of Chainlink. The predictions market is going to use the price feed of MATIC/USD as a transparent and secure...
Bithumb crypto exchange reportedly bans foreigners without mobile KYC
3.9.2021
Bithumb’s stricter KYC requirements come in line with South Korea’s tightened Anti-Money Laundering regulations regarding foreign users of crypto exchanges
Shop.com now accepts Bitcoin payments after partnership with BitPay
3.9.2021
The e-commerce portal offers the option to pay with Bitcoin, Ether, Dogecoin as well as several major dollar-pegged stablecoins
Central Bank of Brazil Researches Creation of Digital Real
3.9.2021
Fabio Araujo, a representative of the Central Bank of Brazil, talked about the possible development of a Digital Real at a public hearing before the Committee on Science, Technology, Innovation, Communication and Information Technology of the Brazilian Senate. Araujo clarified that the Digital Real...
Pangolin Native DEX Joins Avalanche Rush Program With $2M Allocation
3.9.2021
Pangolin will accompany the newly launched incentive by the Avalanche Association. The decentralized trading network, Pangolin, will be granted $2M as part of their alliance with the “Avalanche Rush” initiative. These profits bestowed on Pangolin will be in the form of AVAX tokens...
Bitstamp Expands Its Assets in the US With YFI
3.9.2021
Bitstamp demonstrates its ongoing support for decentralized finance by launching another DeFi-focused asset as part of August’s major coin-listing expansion for US consumers.YFI is a Yearn finance governance token, Yearn Finance is a decentralized finance aggregator that streamlines...