Category: Cryptocurrency

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Singapore Based Crypto Exchange Bybit Expands to Argentina

Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina. The exchange wants to offer Argentinian citizens another platform on which to transact, given the popularity that the cryptocurrency industry is enjoying in the country. The exchange will also have a dedicated team to support Argentinian operations. Bybit Lands…
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Namibian University Set to Offer Master’s Degree in Blockchain Technology in 2024

A Namibian university is set to offer a master’s degree in blockchain technology starting in the year 2024, a senior employee with the institution has said. The university is already “infusing” blockchain technology-based content into its level 8 programs. ‘Blockchain Is the Future’ A Namibian higher learning institution, the University of Namibia (UNAM), is set…
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Swiss Regulator Urges Financial Watchdogs to Protect Crypto Investors

Crypto trading is increasingly similar to the U.S. stock market of the late 1920s, the head of the Swiss financial watchdog has remarked. The high-ranking official believes that regulatory agencies around the world should do more to ensure investor protection. Swiss Financial Watchdog Executive Calls for More Regulations for ‘Abusive’ Crypto Market Governments are still…
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Spanish Government Wants Crypto Holders to Report their Transactions & Holdings from 2023

  Spanish authorities will force crypto owners to declare their crypto-related operations and coin holdings. The nation’s finance chief also stated that crypto exchanges will be forced to report on their customers’ activities from next year – and warned that similar European Union-wide measures were now in the pipelines…. Read More: Spanish Government Wants Crypto…
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Coinbase to track off-exchange transactions from Dutch customers

Dutch users need to provide the recipient’s full name, the purpose of transfer and full residential address to move digital assets off the platform. In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know Your Customer, or KYC, requirements when…
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Central Bankers’ Attack on Crypto is ‘a Legacy Vision’, Failure to Recognize ‘Revolutionary Benefits’ of DeFi – Analysts

  As the Bank for International Settlements’ (BIS), also known as “the central bank of central banks,” tried to monopolize trust in money with its new report this week, analysts stress that it simply represents “a legacy vision” that brings a number of new risks, and the BIS fails to recognize “revolutionary benefits” of the…
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Russia to Trial Digital Ruble Settlements for Real Estate Deals

The Central Bank of Russia and participating commercial banks want to test various types of payments with the digital ruble, the Russian press reported. The plan is to experiment with smart contracts and transactions related to real estate and crypto asset purchases. Bank of Russia to Launch Smart Contracts on Digital Ruble Platform Russia’s…
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Russian Ministry of Finance Says There’s No Place for Crypto in Oil Trading

  The Russian finance ministry has cast doubt on talk of the nation selling oil for crypto – but claims that blockchain-powered tokens could play an “alternative” role in the business dealings of smaller-scale exporters…. Read More: Russian Ministry of Finance Says There’s No Place for Crypto in Oil Trading  Read more »Pay, Trade, Buy…
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Nexo Eyes Potential M&A Targets as Crypto Market in ‘State of Fear’

  As the crypto market has entered “a state of fear,” and “nobody can say” whether the bottom is already behind us, major crypto lender Nexo (NEXO) is eyeing possibilities to acquire troubled companies, according to its co-founders…. Read More: Nexo Eyes Potential M&A Targets as Crypto Market in ‘State of Fear’  Read more »Pay,…
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Amid Looming Euro Zone Economic Downturn, ECB’s Lagarde Worries About Crypto, DeFi

  While the 19 euro-using European Union countries face a gloomy economic outlook, European decision-makers are worried about the potential negative impact of cryptoassets and decentralized finance (DeFi) on the bloc’s financial stability — and per Christine Lagarde, President of the European Central Bank (ECB), they should intensify their work on a controversial regulation draft….…
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