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Search Results for: cbdc

Russian Billionaire Criticizes Central Bank’s Crypto Policy, Praises El Salvador

Founder of Basic Element a Russian industrial Group, with businesses such as Aluminum, Construction and Energy Billionaire Oleg Deripaska came out gun blazing at the Central Bank. According to Forbes is worth around $4.7 billion. Citing that even El Salvador realises the potential of crypto and the Russian bank is

June 22, 2021 2 mins read

Bank Indonesia Bans Cryptocurrency as Payment Method

Bank Indonesia bans cryptocurrency as a  payment method. Cryptocurrency not a legal instrument for payment in Indonesia. The whole cryptocurrency industry is facing many regulatory issues. The governor of the Indonesian Central Bank, Perry Warjiyo declared in the virtual seminar about the ban of cryptocurrency as a payment method or

June 16, 2021 2 mins read

Malaysian Police Arrested Bitcoin Mining Criminals Red-Handedly

Malaysian Police capture 400 Bitcoin Mining machines. The authorities carried out four raids on Friday. The criminals stole electricity for operations of Bitcoin Mining. The Malaysian Police have arrested four criminals in the raid on seven shophouses in George Town, the city of Penang state. Also captures over 400 bitcoin

June 13, 2021 2 mins read

Bitcoin (BTC) Won’t Get Influenced by Digital Dollar

The recent reveal of the news upon introduction of Digital Dollar has created wide speculations. Debates are everlasting based upon the fact that the digital dollar could affect Bitcoin (BTC) and other cryptocurrencies too. In Spite of all this, many crypto investment firms have said that the digital dollar would

June 12, 2021 2 mins read

Gifto Coin (GTO) Technical Analysis 2021 for Crypto Traders

In Gifto Coin (GTO) Technical Analysis 2021, we use past statistics, price patterns, RSI, and much other information about GTO to analyze the future movement of the cryptocurrency.  Gifto is one of the primary application tokens launched in 2017. It was launched on the Binance launchpad, and many innovations have

June 11, 2021 4 mins read

Speculations Rise in El-Salvador Regarding Bitcoin(BTC) Corruption

The recent Bitcoin (BTC) legal tender announcement creates immense controversies among the residents of El-Salvador. This still prevails ever since President Nayib Bukele announced the passing of a bill for the legalization of Bitcoin (BTC) as legal tender. Speculations & Controversies Bitcoin investor and enthusiast, Mario Valle put forward his

June 9, 2021 1 min read

BankProv Partners With Digital Bank Anchorage

BankProv Partners with Digital bank Anchorage Anchorage enables the investors to access USD. Anchorage offers custody, trading, and financing services. BankProv, legally operating as The Provident Bank, is a part of Provident Bancorp, Inc, has announced its partnership with Anchorage Digital bank. Furthermore, the partnership of BankProv and Anchorage, allows

June 4, 2021 2 mins read

Bank of Korea Launches Pilot Program

Bank of Korea Launches Pilot Program for its CBDC. A total of $4.4 million allocated for the trial. Deciding about an offer for the pilot program is expected from Samsung. The Bank of Korea launches a Pilot program for its central bank digital currency (CBDC). But issuing it is a

May 26, 2021 2 mins read

Binance Faces Probe by US Money Laundering Probe

Binance is under investigation by the US DOJ and IRS.  Binance partners with law enforcement agencies to fight bad players. US officers frightened by the lack of oversight over digital belongings. Crypto exchange Binance is under investigation by the US Department of Justice  (DOJ) and the Internal Revenue Service (IRS). 

May 16, 2021 2 mins read