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Russia Intends Using Stablecoins to Bypass Western Penalties

08 Sep 2022 @ 21:01
Russia is progressing with its plan of bypassing penalties. Vice Finance Minister Alexy Mioseyev revealed today that the nation is trying to experiment with stablecoins as a means of payment ally nations. This news quoted Mioseyev saying that Russia is taking steps to develop a bilateral platform with tokenized assets like the Tether USDT and […]
 

 300,000 Cryptocurrency Investors Are to Benefit From DBS, the Biggest Bank in Singapore 

08 Sep 2022 @ 04:36
  The Chief Executive Officer of Singapore’s largest bank – DBS, Piyush Gupta announced that cryptocurrency services are soon to be available to eligible investors. This bank has obtained a License for this operation in 2021 from Singapore’s Monetary Authority. This enables them to render crypto services to accredited customers. So far, DBS has offered […]
 

United State Congressman Discloses That Cryptocurrency Will Not Be Prohibited Soon

07 Sep 2022 @ 00:05
Brad Sherman A Democratic representative told LA Times that crypto won’t be prohibited in the US in the near term. A statement from the Head of Financial Service Subcommittee on Investor Protection disclosed that the U.S government did not prohibit cryptocurrency while it was still at the infant stage, mainly because it was viewed as […]
 

Exclusive Reason Why 46% of American Cryptocurrency Investors Let-down With Their Stake

06 Sep 2022 @ 19:17
 Pew Research Center conducted a recent study reporting that 46% of US crypto hodlers believe that their venture into the market has rather performed poorly. However, 15% affirmed their investments have been more fruitful than their earlier speculation.  The study additionally revealed that the percentage of crypto investors in the US hasn’t significantly changed in […]
 

Undeterred by the Markets Sell Sentiments, Ripple Performs Better Against BTC - Ripple Complete Breakdown

06 Sep 2022 @ 19:09
The massive ripple sell-off, recording more than 500 days, is nowhere near its end. The market’s fiery downtrend momentum is still very much intact. The bull’s last major attempt was on April 14 2021, when the XRP market hit a high of $1.83375, and from that point, the XRP price further declined by 80%. Fresh […]
 

Bitcoin Fails To Survive Above $20,000 Resistance Level

06 Sep 2022 @ 01:58
Since BTC/USD falls below the $20,000 price resistance level on the 26th of August, it has been a struggle to get above the price level. The price pull between demand and supply has kept the market flat, ranging from around $19,700 until today. Bitcoin will likely consolidate at around $20,000 for a while before finding […]
 

Binance Begins Discussion With Nigeria About Developing Blockchain-Powered Electronic Economy

05 Sep 2022 @ 23:28
As part of Binance’s expansion quest, the company has commenced talks with Nigeria. And this talk is about developing a blockchain-powered digital economy. Over the past few months, Binance has been entering different markets, as well as establishing Onsite offices in different areas. Binance Entry Into Nigeria The latest electronic area will assist entrepreneurs In […]
 

An Area in Argentina Permits Taxes to Be Paid Using Tether (USDT)

01 Sep 2022 @ 03:22
Reports have it that cryptocurrency is allowed to be used for paying fees and taxes in Mendoza Province. This development was described as a modernization and innovation plan, which is geared at offering taxpayers flexibility when carrying out their civic responsibility of paying taxes. Directly opposite to Mendoza’s crypto perspective, the Central Bank of Argentina […]
 

Government of Afghanistan Close Down About 16 Cryptocurrency Exchange Institutions

31 Aug 2022 @ 09:13
After the Taliban government imposed a ban on all activities involving digital assets, police agents raided and closed down about 16 crypto exchange institutes in Herat. Due to the change in the Afghan government, which resulted in economic instability in the nation, many of the citizens resulted to changing their traditional currencies to cryptocurrencies as […]
 

Grayscale Documentation Shows Disagreement with SEC Concerning How Secure Unpopular Altcoins Are

31 Aug 2022 @ 00:47
The Inquiry by the Security Executive Commission reveals the Body’s effort to control the cryptocurrency Sector. This is happening despite the low magnitude of agreement concerning if crypto can be regarded as security, and therefore should be put under the control of the Security Exchange Commission. Grayscale entered into a legal struggle with the Security […]
 
 
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