The DNB’s General Fine Setting Policy was used when calculating the amount. DNB’s investigation took longer than expected, resulting in higher penalties for the violation. The Dutch Central Bank (DNB) fined Binance 3.3 million euros in April 2022. Exchanges that provide services to Dutch people without legal registration face fines.
July 18, 2022 2 mins read
At least $500 in BTC or ETH will be required from anyone who wants to purchase. The token’s purchasers will also get a piece of real estate and a plot in the metaverse. Until now, the Central African Republic (CAR) has been the only African government to recognize bitcoin as
July 17, 2022 2 mins read
Protesters broke into the property of Sri Lanka’s former prime minister earlier this week. Virtual currency use in the foreign and local markets are included in the notification. This week, the Central Bank of Sri Lanka (CBSL), issued a notice titled “Public Awareness in relation to the use of virtual
July 17, 2022 2 mins read
A 30-second advertisement will be shown during the TV campaign. There will be 10,100 Kia-themed goods in the marketing campaign and NFT collection. KIA, a prominent vehicle manufacturer, has started a non-fungible token (NFT) based campaign in the United States. The campaign, dubbed “Built for Whoever You Are,” was produced
July 17, 2022 2 mins read
Users must first input their ATM card number and the verification code. The impact will likely reflect an increase in the coin’s price. Coin Cloud ATMs in the United States and Brazil, which have a combined total of over 5,000 machines, now accept SHIB and several other cryptocurrencies. The currency
July 16, 2022 1 min read
It will begin with small enterprises in the Ilopango, Soyapango, and Apopa neighborhoods. Bitfinex’s CTO thinks $1.33 million in crypto assets would be a boon to the country. Bitfinex, a digital currency exchange, has announced that it is providing 36 Bitcoin (BTC) and 600,000 Tether (USDT) to small companies and
July 15, 2022 1 min read
The New York Yankees, founded in 1903, have won 27 titles. BSP enables employees to transfer a percentage of their wages into bitcoin. Leading bitcoin business NYDIG today announced a multi-year relationship with the New York Yankees to become the team’s official platform for bitcoin payrolls. By granting access to
July 14, 2022 2 mins read
Fines for illicit mining actions have been raised by 400 percent. First-time offenders would be denied access to subsidized energy for three months. Iran’s Tavanir power distribution company has implemented a new set of stringent procedures to combat illegal crypto mining. Fines for illicit actions have been raised by 400
July 11, 2022 2 mins read
Update comes after a series of high-profile crypto lending firm closures. FSB plans to provide reports in October this year. To ensure “robust regulation and supervision” of cryptocurrencies, the Financial Stability Board (FSB) announced today. According to the G20 Treasury and Central Bank leaders’ group, they plan to provide a
July 11, 2022 2 mins read
CoinDesk’s Large Cap Select Index methodology is used to rebalance its funds. Ethereum, Bitcoin’s longtime adversary, comes in second place with 25.22 percent. Grayscale Investments, the world’s biggest digital currency asset manager, has released its newest funds for the second quarter of 2022. All of the group’s products and services
July 10, 2022 2 mins read
