State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to Disable SBI UPI for Crypto Firms State Bank of India, the country’s largest bank, has reportedly “blocked the receipt of …
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sponsored The Original DeFi Meme Token – HOGE has joined forces with the DeFi Angels to give their project a voice on Capitol Hill as the regulation conversation heats up. It’s no secret that American based blockchain crypto companies are fighting the infrastructure bill in D.C. This bill could create big change in the world …
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Cryptocurrency cannot be adopted as a means of payment in Uzbekistan, a high-ranking official from the country’s central bank has recently stated. Speaking to local media, the regulator’s representative also noted that unlike cryptocurrencies, the national fiat is backed by the bank’s assets. The statement comes in spite of Tashkent’s crypto-friendly moves in the past. …
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According to the findings of a study by KLA, a market research and data specialist firm, some 47% of South African adults are holders of cryptocurrency, with the majority of this number holding low-value investments. In addition, the study shows that 36% plan to invest in crypto in the future. South Africans Still Experimenting With …
The chairman of the U.S. Securities and Exchange Commission (SEC) Gary Gensler says that cryptocurrency investors are inadequately protected. Testifying before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on Tuesday, Gensler stated that cryptocurrency investors are vulnerable to scams and other illegal activities due to the lack of “enough investor protection” in …
The issues facing hardware wallets are not exclusive to the crypto sector by any means. Across multiple sectors around the world, there are a number of industries that have critical systems. They face the same challenge: Remaining up to date and fortified against attacks from the people who are trying to infiltrate. Every government runs …
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The Central Bank of the Republic of Turkey (CBRT) has made a major step forward with a research and development project that could see the Turkish lira go digital. On Sept. 15, CBRT announced the signing of memoranda of understanding with three domestic research and technology companies that will form the “Digital Turkish Lira Collaboration …
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Bitcoin (BTC) has now traded above $10,000 for an entire year, as expectations demand $100,000 before the end of 2021. While hodlers impatiently wait for new all-time highs, BTC price action is celebrating the first of what is likely many anniversaries. BTC/USD: One year in five figures On Thursday, BTC/USD officially hit 365 days trading …
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Nonfungible tokens, or NFTs, have taken the cryptocurrency sector by storm in 2021. The growing interest in these digital collectibles resulted in record-breaking trading volumes during the month of August, with individual NFT sales exceeding more than $1 million dollars on a regular basis. Yet with so many NFTs currently on the market, it can be …
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A recent report from Chainalysis has shown significant growth in the African crypto market since last year. The growth is attributed to the rise in P2P platforms and the need to invest in cryptocurrencies to evade high inflation levels. The report published by Chainalysis on Tuesday also added that the African content had a large …
Google has teamed up with Dapper Labs to assist the platform to scale the Flow blockchain. Dapper Labs is reputable for creating the NBA Top Shot NFT marketplace. It is also behind the Flow Blockchain. With this partnership, Google will allow Flow nodes to run on its lower latency cloud service. Some of the applications …
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The crypto market has made some significant gains this week because of the uptrend created by bitcoin, where the coin has managed to make slight recoveries and moved past $46K. Dogecoin has benefited from this upswing and has traded in the green zone during the past 24 hours. Dogecoin is trading at $0.241 at the …
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BCH Price Ranges Above $600 – September 15It is on the financial record book of the BCH/USD market that its price ranges above $600 level. The crypto market’s percentage rate of trading is observed at about a smaller negative 0.56 as it trades around the level of $637. It shows that the crypto coin is …
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Google, the global tech giant, is not necessarily famous for being a formidable player when it comes to the new generation of Web 3.0 applications. Still, very recently, the company has undertaken some developments which can possibly alter this idea about the largest tech company in the world. The tech giant has made a recent …
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The global consultancy giant Ernst and Young, which also happens to be one of the Big Fours, has recently announced that the company wants to integrate their products which are Blockchain-based, with the popular network of Polygon. This would also enable the company to mitigate the congestion and the abnormally high fees which are associated …
