The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation paper that proposes amendments to regulations that govern the use of virtual assets. Regulator Seeks to Amend Requirements for Public Keys A regulator in the Abu …
Monthly archives: March 2022
Crypto Taxes in 2022: All You Need to Know According to Koinly
sponsored Cryptocurrency users can face a lot of challenges finding the right information needed for reporting taxes. Koinly, a leading cryptocurrency tax calculator and portfolio tracker for traders, has created the ultimate guide to help. Koinly Presents The Ultimate Bitcoin Tax Guide for 2022 Crypto tax regulations and laws can be confusing, leaving investors with …
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Charles Hoskinson Says He Was “Wrong” About His Prediction Of DApp On Cardano
Charles Hoskinson has admitted that his prediction made about Cardano two years ago is incorrect. “Remember when I predicted thousands of assets and DApps on ADA? Well, I was wrong,” the Cardano founder tweeted while referring to his prediction in July 2020. He stated that while DApps are in the hundreds, there are now millions …
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Grayscale Launches Fund Consisting of Cardano (ADA), Solana (SOL), Polkadot (DOT) and Four Additional Altcoins
Investment giant Grayscale is launching the Smart Contract Platform Ex-Ethereum Fund (GSCPxE) to give investors exposure to leading smart contract platforms. According to a new announcement, the new investment product tracks the CoinDesk Smart Contract Platform Select Ex ETH Index, measuring the market capitalization-weighted performance of all leading smart contract coins excluding Ethereum (ETH). The …
‘US Government does not stand for freedom’: Bukele reacts to US bill passing Senate committee
El Salvador president Nayib Bukele reacted to the news that the recently proposed Accountability for Cryptocurrency in El Salvador Act (ACES) had passed the U.S. Senate Foreign Relations Committee and will now head to a full Senate vote. The 40-year old national leader responded emotionally on Twitter: Never in my wildest dreams would I have …
Powers On… Biden accepts blockchain technology, recognizes its benefits and pushes for adoption
On March 9, United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy. There has been a considerable amount already written about the …
Colorado accepts tax payments in crypto: Was it just a matter of time?
The governor of Colorado, Jared Polis, announced in February that the state government plans to allow residents to pay taxes in cryptocurrencies as early as the summer of 2022. To some experts, the move is both legitimizing for the crypto asset class and was expected to come in due time. In an interview, Polis said …
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Bitcoin veteran tricks crypto scammer into learning Lightning
There’s poetic justice to scammers getting beat at their own game. A cryptocurrency scammer met their match when trying to trick Bitcoiner Felix Crisan into sending them Tether (USDT). The scammer tried to impersonate John Carvalho, the CEO of Synonym, a Bitcoiner Cointelegraph regularly cites. The scammer, who we will call “Fake John” from now on, …
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Anchor Protocol Will No Longer Pay 20% APY
Anchor Protocol DAO has passed a proposal that will implement a semi-dynamic Anchor Rate. UST could reach a market rate of 5–15% according to some analysts. The change comes at a time when UST and LUNA are seeing tremendous growth. The Anchor Protocol DAO has voted on a proposal that will see it switch to …
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SEC-Ripple Case May Reportedly End This Year
The SEC Ripple case may reportedly end this year as per sources The case which initially began in December 2020 propelled XRP to get delisted from prominent crypto exchanges The crypto investors are hoping that both parties may soon reach a favorable consensus and put an end to the year-long lawsuit. The cryptocurrency market is …
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El Salvador’s President Bukele Fires Back at The US Over Anti-Bitcoin Adoption Policy
The US government does not stand for freedom says El Salvador President Nayib Bukele in response to America’s proposed legislation regarding Bitcoin adoption. Bukele’s comments after the US Congress introduced an Accountability bill back in February. El Salvador plans to launch a Bitcoin bond in partnership with major crypto exchange Bitfinex. Despite the recent US …
5 Best Crypto to Buy for Lower Risk Returns March 2022 Week 3
Cryptocurrencies play a pivotal role in the financial industry, enabling investors to earn high profits through various strategies. Several crypto assets provide yields, but the best crypto to buy for lower-risk returns are listed in this article to enable investors’ research. 1. Lucky Block (LBLOCK) Lucky Block is a lottery-centric token built on the Binance …
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Shiba Inu Returns to Competition with Dogecoin After Gaining Twenty-five Percent
Most of the leading altcoins saw decent increases as the global crypto market value rose past $1.71 trillion on the strength of Bitcoin’s climb above $42,000. On the other hand, Meme coins still had the hearts of the crypto investors, with many deciding to buy Shiba Inu. Thus, Shiba Inu recorded the largest market gains of …
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Top 4 Reasons Why Are You Failing Again And Again As A Crypto Trader?
The cryptocurrency market is well-known for its low barrier to entry, which suggests that you don’t need to get any relevant degree to become a trader. All you actually need is a web link and a cell phone or computer. When you first enter the crypto market, you will discover fresh and inventive tactics to …
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Nexo Unveils $150 Million worth VC Fund For Web3 and Crypto Expansion
With technological evolution, investment in Web3 projects, cryptocurrencies, and blockchain technology has gained a lot of attention from businesses and multinational firms. To reap the potential of the fast-developing space, Nexo- a highly-acclaimed digital asset service provider- has launched a venture capital unit to expand investments in Web3 projects. Referred to as Nexo Ventures, the …
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