Financial regulators in Thailand may adjust the minimum annual income qualification for crypto investors amid public outrage. Thailand’s Securities and Exchange Commission has walked back previous plans to enact a 1 million baht (about $33,000) minimum annual income requirement for crypto investment in the country. According to a report by the Bangkok Post on Tuesday,…
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Mastercard is set to open the shop doors to crypto as a means of payment in 2021, but it will likely be a challenge for the firm. On Feb. 10, Mastercard announced that it would start supporting a select few cryptocurrencies on its payment network. According to the payments giant, the inclusion of cryptocurrencies will…
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The live beta test suggests that historical analysis of crypto markets, combined with real-time conditions and investor sentiment, can be extremely informative. Cointelegraph Markets Pro, a data platform designed to level the playing field for cryptocurrency market participants, is now available to the public following a successful live testing period. The platform, which has been…
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Thailand’s finance minister is not a fan of the retail crypto mania that saw monthly trading volume triple in January. Thailand’s booming cryptocurrency trading market is causing some concern for government officials. According to Bloomberg, Arkhom Termpittayapaisith — the country’s finance minister — has warned that the ongoing crypto speculative mania could have dire implications…
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Adult webcam streaming websites are getting a boost from pandemic lockdowns. Live streaming webcam platform Stripchat is among several adult websites experiencing a boom in crypto payments over the past year. The adult social streaming and entertainment platform revealed in a blog that cryptocurrency is rapidly becoming a preferred payment method for many users and…
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Authorities in South Africa are warning investors to be wary of scams amid the current crypto bull market. South Africa’s Financial Sector Conduct Authority is sounding the cryptocurrency scam alarm once again. In a press release issued on Thursday, the FSCA enjoined the public to do their own due diligence before investing in any crypto-related…
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The price of Bitcoin dropped below $30,000 in a quick swoop on the third retest in two weeks of the support area. In the past 48 hours, Bitcoin has tested the $30,500 support level on two occasions. Historically, when a major support area is tested repeatedly, it often breaks. On the third retest on Jan.…
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New GPU cards for mining are on the way, but the demand is too great. So, what are manufacturers doing to solve the shortage? The rise of cryptocurrencies over the past few months, especially with the onset of 2021, has certainly catapulted the crypto niche into the mainstream. While traders buy and sell and try…
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Fast-rising messaging service Signal is rumored to be experimenting with a privacy crypto token. Privacy-focused messaging app Signal is reportedly devoting resources toward the development of a cryptocurrency payments service for its users. According to a report by Casey Newton, the founder of the technology newsletter service Platformer, Signal is mulling crypto payments integration in…
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The Bangko Sentral ng Pilipinas has expanded its regulatory remit of the crypto space to include all cryptocurrency financial service providers. In keeping with the emergence of clear-cut crypto regulations across Southeast Asia, Philippines’ central bank, BSP, has enacted a broader licensing regime for digital asset firms in the country. According to the Philippine Daily…
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