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 Regulate Cryptocurrencies India is reportedly planning to regulate cryptocurrencies as commodities …
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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 Facilitates Cryptocurrency Investments The Swiss subsidiary …
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Chainalysis CEO Michael Gronager says that fundamental changes in Ethereum are contributing to the growth of other crypto assets, particularly in one subsector. In an interview on Bloomberg Technology, the head of the blockchain data platform explains that Ethereum (ETH) has seen large price appreciation over the past few weeks largely due to protocol changes …
The director of African operations at Input Output (IOHK) unveils the team’s plan to showcase Cardano’s technological capabilities in Ethiopia and other nations across the continent. In an interview with crypto YouTuber big pey, IOHK director of African operations James O’Connor highlights Cardano (ADA) and the group’s plans for its digital identity infrastructure in Ethiopia. …
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Pseudonymous cryptocurrency trader Smart Contracter says one red-hot altcoin is poised to continue its meteoric ascent and become the fourth-largest crypto asset by market cap. Smart Contracter, who correctly predicted Bitcoin’s bottom in 2018, tells his 161,000 Twitter followers that Solana’s market capitalization is destined to exceed that of Binance Coin (BNB). ADVERTISEMENT Currently, …
Bitcoin (BTC) has been struggling to break the $50,000 mark for over 10 days now. However, on Sept. 2, the premium cryptocurrency briefly surpassed the milestone, sending positive ripples across the market. Since then, the token has dropped below the mark to trade in the $49,000 range before rebounding to hit the $50,000 mark yet …
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In reference to the unfolding SEC lawsuit, Ripple CEO Brad Garlinghouse doesn’t hold back in framing the case as farcical. Specifically, he referred to the upholding of impossible fair notice standards and due process. Rather ominously, he also suggests no one is safe, given that the SEC could be plotting enforcement against anyone next. “This …
Continue reading “Ripple (XRP) boss agrees the securities lawsuit has backfired on the SEC”
South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb Prepares to Register Under New Rules Foreign nationals who do not …
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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 regulation. However, most of the citizens polled acknowledged they still don’t …
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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 transactions. The project is being reviewed by the Chamber of Deputies …
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The crypto market has started this month with a major rebound, which if maintained, could see majority of coins make new all-time highs. Currently, bitcoin has managed to hold $50K, while ethereum is at a strong $3800. This upswing has contributed to gains across the broader market, and IOST is among the coins that have …
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Popular trader and analyst Credible Crypto says that it is almost time for two altcoins to surge and end their accumulation phase. The pseudonymous analyst tells his 232,800 Twitter followers that he’s looking at XRP and Hedera Hashgraph’s native asset, HBAR, as the two digital assets that appear ready to ignite their uptrends. ADVERTISEMENT …
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While the COVID-19 pandemic decimated certain industries like tourism and retail, other entirely new industries have emerged. Two years ago, the concept of a “metaverse” was virtually unknown. Today, the term is trending everywhere online, with new companies and funds entering the space every week — billions of dollars have already been poured into this …
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Several crypto projects, including Icon (ICX) and VeChain (VET), are rolling out features to accommodate vaccine passports. But Cardano will not be joining them in providing this technology. During a recent live stream, Input Output Global (IOG) CEO Charles Hoskinson echoed the misgivings of many people by saying he’s worried that vaccine passports may be …
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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 the world. Italy’s Inter Finds Sleeve Sponsor in the Crypto Industry The €85 …
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