Long-term Bitcoin holder buys hit $10B mark as price slips below $60K

Brazil’s antitrust regulator has sent a questionnaire to crypto exchanges whose banks accounts have previously been closed, major Brazilian financial newspaper Valor Economico reports Tuesday, October 20.The Brazilian Administrative Council for Economic Defense (CADE), operated by the local Ministry of Justice, sent the questionnaire to ten companies: Bitcoin Market, Bitcambio, BitcoinTrade, Foxbit, Walltime, Braziliex, BitBlue,…

The central bank said it will reach a decision on releasing a digital euro "towards the middle of 2021." 1393 Total views 16 Total shares In an interview today, Fabio Panetta, executive member of the European Central Bank said the ECB may only allow digital euro holdings “up to a certain threshold” but added that the…

Ukraine’s Ministry of Digital Transformation supports a Stellar-based private stablecoin project developed by a local bank. 700 Total views 19 Total shares Tascombank, one of the oldest commercial banks in Ukraine, is launching a Stellar-based pilot for Ukraine’s national fiat currency, the hryvnia.The Stellar Development Foundation (SDF) announced on Tuesday a private electronic hryvnia pilot…

Secretary-general Ruenvadee Suwanmongkol said the commission will be offering a free training course for investors who have no experience trading in cryptocurrencies. 515 Total views 11 Total shares Thailand’s Securities and Exchange Commission has clarified its guidelines to stipulate that those trading cryptocurrencies in the country should have some foundational knowledge.In a Facebook Live video…

Bitcoin’s network difficulty rose by over 10.5% on Aug. 1, 2024, breaking a three-month-long downward streak to mark a new all-time high.

Bithumb legal issues do not stop in South Korea. A judge in the Seoul Central District Court dismissed two claims filed by individuals against the controversial crypto exchange, Bithumb. The individuals were seeking $126,000 and $38,000 respectively for damages related to a data breach incident back in 2017.According to Fn News, plaintiffs Hong and Seo…

Virtual reality (VR) startup Magic Leap is seeking blockchain engineers according to recent listings on employment website Greenhouse. The firm is looking for a senior blockchain architect and blockchain engineers.Among the duties listed for the senior blockchain architect position, the individual will be “planning and execution of a portfolio of blockchain, smart contract, and Ricardian…

Research into central bank digital currencies will play a significant role in Hong Kong’s fintech development efforts. 4444 Total views 1 Total shares The Hong Kong Monetary Authority (HKMA) has published its “Fintech 2025” strategy with central bank digital currencies (CBDC), both retail and wholesale, included in the digital finance innovation package.Unveiling the fintech strategy…