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Search Results for: cryptocurrency regulation

World’s Most Popular Payment Providers Cease Operations in Russia

This has sparked speculation that Russians may use crypto to do business.  Russians, in general, are the ones most likely to switch to crypto. PayPal has announced that it will no longer be operating in Russia. The corporation chose this position to protest “Russia’s violent military aggression in Ukraine,” says

March 6, 2022 2 mins read

Best Cardano-Based Exchanges in 2022

Developers who create cryptocurrency-based projects are excited at the prospect of having another platform for their ideas besides the Ethereum Blockchain, thanks to the Cardano Blockchain. Some projects have been created on the Cardano Blockchain since it came on board. Here are the 3 outstanding Cardano-Based cryptocurrency projects: Ravendex Ravendex is

February 24, 2022 3 mins read

FTX CEO Sam Bankman Tweets Optimistic Outcome From Washington

U.S Senators had summoned the 29-year-old multi-billionaire to appear before them. Large organizations have recently joined the cryptocurrency bandwagon. Digital asset regulation is once again being called for by FTX CEO Sam Bankman Fried, who claims that institutions have been reluctant to engage in crypto because they believe regulatory certainty

February 23, 2022 2 mins read

FOMC Bans Fed Reserve Employees From Dealing in Crypto, Stocks

Sen. Elizabeth Warren called for an investigation of the central bank in October. There will be a six-month grace period for newly covered officials. According to a statement, senior Federal Reserve employees would no longer possess cryptocurrencies or other assets like stocks. The new limits for “investment and trading activity

February 19, 2022 1 min read

U.S Treasury Exempts Crypto Miners from IRS Reporting Rules

Brokers must gather extensive information on their clients and their trades. The Department aims to submit draught regulations outlining its definition of a broker. According to the U.S. Treasury Department’s letter sent to a group of senators, cryptocurrency miners and stakers will not be subject to the exact reporting requirements

February 13, 2022 1 min read

Avalanche Scores 80% Gain Extending To Third Bullish Week

The Crypto market entirely experienced a market crash in the last quarter of 2021 which eventually followed till the first two weeks of 2022. Several cryptocurrencies were following the same suite until BTC showed some changes in price action. Avalanche (AVAX) was one such crypto that went along with the

February 8, 2022 2 mins read

Asian Countries Strong Contender for Crypto Adoption Despite China’s Stand

China’s political and economic changes dominated last year’s headlines in Asia. The Monetary Authority of Singapore has set a high bar for crypto regulations. Despite China’s unexpected crackdown, Asia’s crypto industry thrived nevertheless, from Singapore to Thailand and Indonesia. Cryptocurrency’s ability to operate outside national borders is one of its

February 6, 2022 2 mins read

Ray Dalio Criticizes the Rise of Crypto Adoptions Saying, “Digital Assets Are Boring”

American Billionaire Investor criticizes the growth of cryptocurrencies.  Ray Dalio shares that digital assets seek attention and are not interesting. Dalio is concerned about the US economy standing against Crypto assets.  Over the past year, as we all observe, the crypto sector is massively recording a huge growth all around

February 5, 2022 2 mins read

Crypto and BTC Tax to Swell in Colombia

Colombia ranks second in BTC trading in Latin America.  Crypto and BTC trading has become a vital part of Colombia.  Authorities plan to increase the taxes on Crypto and BTC.  It’s obviously certain that cryptocurrency and digital assets are the future. In spite of this, the whole world is currently

February 2, 2022 2 mins read
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