Two MAS-regulated Bitcoin funds launch in Singapore
The new Bitcoin funds aim to provide simple and secure exposure to Bitcoin for professional investors. Go to Source Powered by WPeMatico
Month: November 2021
Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges
Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens Restrictions on Domestic Crypto Trading Uzbekistanis will be able to trade digital currencies … Read more
New German government cites crypto in coalition agreement
The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses. Go to Source Powered by WPeMatico
South Korean regulator proposes strict new rules for token issuers
The FSC wishes to establish a system that would recover illegally gained funds, dole out criminal punishments, and protect investors from future malfeasance. Go to Source Powered by WPeMatico
Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There Are Conflicting Accounts About What Is In It Indian crypto … Read more
Thai lawmakers urged to approve tourism crypto to entice digital nomads
The rollout of the Tourism Authority of Thailand’s TAT Coin is coming closer to fruition, and is now awaiting government approval according to local figures. Go to Source Powered by WPeMatico
Report claims each Solana TX uses less energy than 2 Google searches
The report also found that a transaction on the Solana blockchain uses 24 times less energy than charging your phone. Go to Source Powered by WPeMatico
1 million Shiba Inu users can’t be wrong… can they?
With over one million token holders, Shiba Inu looks set for great things ahead, despite trading more than 50% below its all time high. Go to Source Powered by WPeMatico
Mexico’s Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin Mexican billionaire Ricardo Salinas Pliego commented on the U.S. economy and bitcoin Wednesday. He is the … Read more
Australian Tax Office says it can’t rely on crypto users’ own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner. Go to Source Powered by WPeMatico