Home Crypto Mining Spikes in Brazil Amid Record High Unemployment

Home Crypto Mining Spikes in Brazil Amid Record High UnemploymentWith rising unemployment rates and rampant economic uncertainty, in the wake of the Covid crisis, a growing number of Brazilians are finding an alternative income source in cryptocurrency mining. GPU rigs have been spotted even in favelas as a relatively small investment can return more than the average salary in Brazil. Pandemic and Uncertainty Turn […]

Go to Source

Powered by WPeMatico

Bitcoin.com Wallet Adds ETH

Bitcoin.com Wallet Adds ETHThe Bitcoin.com team is excited to announce integration of Ethereum into the Bitcoin.com Wallet. That means anyone can now buy, receive, store, trade, and send ether (ETH) with the convenience and security of the industry’s most user-friendly, non-custodial wallet. How It Works When you open the Bitcoin.com Wallet, you’ll now see the Ethereum section in […]

Go to Source

Powered by WPeMatico

South Korean Financial Supervisory Service Tasked With Crypto Market Oversight

South Korean Financial Supervisory Service Tasked With Crypto Market OversightThe Financial Supervisory Service of South Korea will lead government efforts to oversee the country’s expanding cryptocurrency market. The agency has been tasked with the job after prolonged discussions over which Korean regulator should be responsible for the industry. Financial Supervisory Service Takes Responsibility for Crypto Sector in Korea It took the government months to […]

Go to Source

Powered by WPeMatico

Central Bank of Brazil Issues Guidelines for Its CBDC

central bank of brazilThe Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document recognizes there have been discussions about […]

Go to Source

Powered by WPeMatico