Month: December 2021

Indian Crypto Bill: Exchange CEO Discusses What to Expect

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There are reports that the Indian government may impose restrictions on self-custodial cryptocurrency wallets and only allow Indian crypto exchanges. The CEO of a major cryptocurrency exchange in India has shared his thoughts on the possible restrictions. The Indian government has listed a cryptocurrency bill to be taken up in the current session of parliament. … Read more

Phemex Is Bringing Its Community’s Dreams to Life Celebrating Its Second Anniversary

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Singapore-based cryptocurrency exchange Phemex is celebrating its 2nd anniversary this November. It’s been an eventful couple of years for the derivatives platform, and with its Choose Your Reality event, this anniversary is going to be a memorable one. Phemex’s dedication to its users has created a thriving community, and to celebrate their impressive growth the … Read more

El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin

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The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million … Read more

SEC Chairman Gary Gensler Stresses Crypto Markets Are Open to Manipulation, Investors Vulnerable

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has called for more investor protection in crypto markets. “This asset class is rife with fraud, scams, and abuse in certain applications,” he said. “In many cases, investors aren’t able to get rigorous, balanced, and complete information on tokens or trading and lending … Read more