Ex-Trump chief of staff says crypto election impact will be ‘fascinating’
Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC.
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TON, TWT, CHZ and QNT breakout amid traders’ crypto contagion fears
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Portuguese regulator grants first crypto license to a bank
Bison Bank will offer its digital asset services to high net worth individuals, becoming the first banking institution in the country authorized to do so. 389 Total views 5 Total shares Portuguese based bank Bison Bank has received permission from Portugal’s Central Bank (Banco de Portugal) to operate as a “virtual asset service provider ”(VASP),…
Japanese Official Calls for Urgent Development of Digital Yen to Counter China
Another Japanese lawmaker has publicly called for the swift development of the digital yen.The head of the banking and finance systems research commission at Japan's Liberal Democratic Party, Kozo Yamamoto, said today that the country should create a digital yen in two to three years.Reuters reported on Feb. 10 that Yamamoto said that plans for…
Bitcoin flash crashes by $2K in 5 minutes, liquidating $600M in longs
A flash crash on short timeframes for BTC/USD induces panic among long traders, but for analysts, it's business as usual. 756 Total views 9 Total shares Bitcoin (BTC) fell over $2,000 in five minutes on March 31 as a wave of volatility disrupted an otherwise calm market.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingviewBTC sees sudden…
Colombian President Promises to Cut Rent Taxes for Crypto Firms
Colombian President Ivan Duque has recently promised to cut taxes for cryptocurrency and blockchain startups, local newspaper El Tiempo reported Wednesday, August 29. Duque delivered an opening message during ANDICOM, an international congress on information and communications technology (ICT) held annually in Cartagena de Indias, Colombia. A recording of his speech is now available on YouTube.President…
South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’
Bitcoin (BTC) exchanges in South Africa will lose their banking support after a local bank confirmed it was closing their accounts.As local internet magazine My Broadband reported on Nov. 19, FirstRand Bank (FNB) — one of the largest financial institutions in South Africa — sent letters regarding the move to an unspecified number of “major…
This key Ethereum price metric shows ETH traders aren’t as bearish as they appear
Ether (ETH) is down 25% in just a month and even the recent upgrade to a proof-of-stake (PoS) consensus on the Ropsten testnet failed to move the altcoin’s price. The merge is meant to address energy-use issues and open a path for higher transaction output, but the actual full transition for the Ethereum network is not…
Crypto Custody, Explained
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