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Russia's largest bank, Sberbank, is preparing to launch its own stablecoin. Sbercoin will be 1:1 against the Russian rouble and will be used for digital settlement of financial assets.
The Russian government prohibits the deposit of funds into anonymous wallets. According to the legislature, this initiative aims to reduce illegal network activities such as terrorist financing and drug dealing.
Grayscale Investment, a digital asset management company, is not slowing down and is buying more and more Bitcoins. According to recent reports, 60,000 Bitcoins fell into Grayscale's wallet in last 100 days. Institutional clients are increasingly inclined to invest in cryptocurrencies
CoinMarketCap has introduced new metrics to combat counterfeit volume. Earlier, other crypto exchanges claimed that the platform favoured the Binance exchange, which bought CoinMarketCap in late March.
The data published by the UK financial application Revolut shows that restrictions and limitations related to the coronavirus have affected the number and value of cryptocurrencies transactions made by its users.
A recent announcement issued by the Reserve Bank of India (RBI) suggests that Indian banks are not prohibited from opening accounts for crypto companies anymore.
Calibra's Facebook digital wallet was rebranded and renamed to Novi. The company also shared new information about the project.
Governments around the world are introducing laws that impose taxes on the income from BTC transactions, but there are still a few countries that allow investors to buy, sell or store digital assets without paying a penny. Today we present you with a list of eight countries that can be considered as a Bitcoin tax haven.
Although billions of new USDT have been printed in the last few months, this most popular stable coin has beaten the ripple and is now the third largest cryptocurrency by market cap.
According to the Russian government, cryptocurrencies trading is about to become a crime, and traders could end up in prison. This is part of a law bill through which Russia wants to regulate cryptocurrencies.
Shopify - Canadian e-commerce giant, which offer to easy create own online shop will accept crypto payments because it has signed a contract with the company that offers crypto payment processor - CoinPayments
You probably remember the financial pyramid OneCoin, which collapsed with a great echo all over the world. As it turns out, the man who promoted OneCoin back then, mainly in Vietnam, decided to bring project back to life. He did not even hesitate to change its name. Will history come full circle just like OneLink did?
Controversial programist John McAfee is surprising his observers once again. This time, he informed them about plans to issue his own private cryptocurrency called GHOST.
Yesterday’s session was mostly positive for all cryptocurrencies. Although, Bitcoin has started the increases, the altcoins has gained the most!
During yesterday’s Bitcoin (BTC) session, the cryptocurrency itself was sliding down, eventually falling to 6 200 USD level. At the end of the session, BTC price rapidly increased and reached 6 600 USD. Today was the day of testing weekly highs above 6 700 USD by Bitcoin. The cryptocurrency began the test, and then got slightly corrected.
One of the biggest cryptocurrency exchanges might be seeking to acquire CoinMarketCap. Negotiations are on the final stage. Moreover, Binance is ready to pay as much as 400 million USD. All these informations, however, came from anonymous people familiar with the case.
The eleventh cryptographic project in terms of market capitalization is on a winning streak. Yesterday, the LINK token exceeded its highest price level, the so-called all-time high (ATH).
The National Bank of Egypt which is the oldest and largest banking institution in the country, joins RippleNet. The price of XRP increases by 15% and surpasses a psychological level of $0.30.
Lisk's current price fluctuates around $2. Over the past few days, the LSK rate has increased by almost 25%. Are there specific reasons for such a big price change?
The Indian Central Bank has confirmed that there is no ban on cryptocurrencies in India. The central bank explained that all it does is separating the entities (like banks) it regulates from the risks associated with trading cryptocurrencies.
A popular singer, Akon, is still working on the "city of cryptocurrencies". The support of the development of young African entrepreneurs is the aim of the project. Here are the effects!
Gerald Cotten, QuadrigaCX cryptocurrency exchange's owner took to the grave 190 million dollars belonging to the platform's clients. Some people, however, believe that Cotten faked the death and is still alive. They also demand the exhumation and autopsy of his body.
The price of Tezos (XTZ) has increased by over 30% over the last week, which is more than any other coin among the leading altcoins. As a result, XTZ is currently in the top ten cryptocurrencies in terms of market capitalization.
Stephen Moore, a former Trump advisor and his candidate for the Fed, revealed his plans to introduce a new stablecoin, Frax, which is supposed to be the world's first fully decentralized global currency.
Investing in anonymous coins has become extremely problematic. More and more exchanges are getting rid of such coins despite their initially promising parameters.
The first time Justin Sun had planned a meeting with Warren Buffett for the first time, he failed. During the second attempt of the meeting, he also invited, among others, Donald Trump.
Growing cryptographic crime has led organizations to join forces in order to counter fraudsters together. Do they have a chance to win against hackers?
The Dutch central bank has announced that institutions that provide any cryptocurrency services must prepare for new legal regulations from January 2020.Date of changesJanuary 10, 2020 - it is then that the new regulations prepared by De Nederlandsche Bank are to go into effect. Institutions conducting operations related to cryptocurrencies will have to register relevant documents in the bank in order to continue operating them.In the official statement of the central bank we can read:“In concrete terms, firms offering services for the exchange between cryptos and regular money, and crypto wallet providers, must register with De Nederlandsche Bank.”In July ministers of the Netherlands have attached a condition that cryptocurrencies have to be regulated; the reason is that not so long ago people have been concerned about increasing threat of money laundering, as cryptocurrencies are used for scams pretty frequently.Finance Minister Wopke Hoekstra received a note in January from the Dutch tax office and the central bank. It suggested the implementation of appropriate licenses that should be required from companies providing cryptocurrency services. The Netherlands is a country that does not officially recognize cryptocurrencies as a means of payment, but in 2018 one court ruled that Bitcoin is a "transferable value". In 2018, a survey was conducted on the most popular cryptocurrency exchanges used by the Dutch. Coinbase is the leader here, indicated by 23% of respondents. 12% of respondents said that they do not use any exchanges.
Anti-government protests have been ongoing in Hong Kong for many weeks. As it turns out, one of their elements is to be Bitcoin, and more precisely - its wider introduction.
On Friday, a 25-year-old man was accused of operating a cryptocurrency exchange without the required license in Los Angeles. The Westwood resident pleaded guilty.
