Bitcoin bank proposal gains momentum in El Salvador
The Bank for Private Investment will “diversify the financing options” available to investors in both Dollars and Bitcoin.
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Price Analysis 30/10: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, TRX, XLM
The sentiment in the crypto markets had turned bullish on the news that Chinese President Xi Jinping has called for businesses and government bodies to support the development and adoption of blockchain technology. However, just days after the comments, the Chinese state media warned that support for blockchain should not be interpreted as an endorsement…
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This Coin’s Supply Goes Down as the Price Rises
Ampleforth (AMPL) is a cryptocurrency built with an elastic supply that expands and contracts depending on demand. According to its co-founder Evan Kuo, the team was trying to learn from the failures of the gold standard and Bitcoin (BTC) to create a more flexible monetary system.Investors hoard Bitcoin & goldAlthough many in the crypto space…
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Ukraine Bitcoin exchange volume spikes 200% as Russia war sparks currency concerns
Kuna, a long-running native crypto exchange, sees a swift change in client activity amid currency controls and the hryvnia at all-time lows. 191 Total views 50 Total shares Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia's invasion, data shows.According to monitoring resource CoinGecko, on…
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Crypto bank opens physical location in India’s capital as potential regulatory ban looms
Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters. 1086 Total views 4 Total shares India’s Unicas crypto bank opened its third physical branch last week in New Delhi. Previous locations were launched in Jamnagar and Jaipur.Unicas reportedly allows customers…
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Metaverse ‘explosion’ will be driven by B2B, not retail consumers: KPMG partner
The Australian arm of Big Four accounting firm KPMG could soon be holding executive meetings and closing multi-million dollar deals with clients in the Metaverse, with the firm now exploring how the revolutionary technology can transform its business model.In a recent interview, KPMG’s James Mabbott, Partner in Charge at KPMG Futures said the firm sees…
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Binance withdrawals and BUSD redemptions surge post Paxos crackdown
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that “Funds are SAFU.” 889 Total views 15 Total shares Own this piece of history Collect this article as an NFTCryptocurrency exchange Binance has seen a surge of withdrawals over the last 24 hours as investors appear…
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Arizona primary involving crypto Super PAC’s $1.3M is a squeaker
The primary between two Democrats in Arizona’s 3rd Congressional District will likely go to a recount, with money from crypto interests involved in the race.
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Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report
SEC enforcement director Gurbir Grewal reportedly said the agency wouldn't be ignoring the funds or securities laws violations for crypto companies that come to them. 462 Total views 38 Total shares The U.S. Securities and Exchange Commission’s enforcement director has reportedly said cryptocurrency companies will not receive amnesty for reporting themselves for possible violations of…