Bitcoin searches in Turkey spike 566% after Turkish lira drops 14%
Searches for Bitcoin emanating from Turkey exploded after news broke regarding the 14% plunge in the value of the Turkish lira. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and are expected to start regulating the industry … Read more
Nigeria’s central bank not discouraging people from trading crypto, says governor
The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks. Go to Source Powered by WPeMatico
UK advertising watchdog cuts ‘irresponsible and misleading’ Bitcoin ad
The advert, which was alleged to have targeted retirees, was deemed to be misleading and irresponsible by a U.K. advertising authority. Go to Source Powered by WPeMatico
EU securities regulator warns about risks of ‘non-regulated’ cryptos
The ESMA analyzed the impact of COVID-19 on financial markets, highlighting the supposed risks linked with crypto investment. Go to Source Powered by WPeMatico
Swiss regulators reject Bitcoin Suisse’s banking license application
But Bitcoin Suisse still has “many options on the table,” says the firm’s CEO. Go to Source Powered by WPeMatico
Proposed FinCEN rule is a ‘grave threat to personal privacy,’ says Coin Center
In its latest comment, the advocacy group goes after the proposed requirement to create currency transaction reports for crypto transactions. Go to Source Powered by WPeMatico
India to have a ‘window’ for Bitcoin, says minister amid crypto ban FUD
The Ministry of Finance of India continues to form a careful position on private cryptocurrencies. Go to Source Powered by WPeMatico
Indian Government Open to Exploring Cryptocurrencies — Finance Minister Offers New Clues About Crypto Regulation
The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies. Indian Finance Minister Provides Clues on Upcoming Crypto Regulation Indian Finance Minister Nirmala Sitharaman shed … Read more
ICON (ICX) unaffected by South Korean tax investigation into ICONLOOP, says chairman
The South Korean tax authority is trying to track the movement of ICO funds raised in foreign countries into its domestic markets. Go to Source Powered by WPeMatico