Thailand’s largest movie theater chain accepts Bitcoin
Major Cineplex Group is starting to accept Bitcoin as part of a crypto pilot project. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Gensler sticks up for Bitcoin before Congress, but doesn’t say much new
The Senate held its first hearing on Gary Gensler’s nomination to chair the SEC today. Go to Source Powered by WPeMatico
Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies
Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban on cryptocurrencies such as bitcoin. New Physical Crypto Bank Branch Opens in New … Read more
Coinbase has held Bitcoin on its balance sheets since 2012
The American exchange is offering services and advice to other private and publicly traded firms who want to hold digital assets in their treasuries. Go to Source Powered by WPeMatico
India’s largest crypto exchange adopts decentralized Unstoppable Domains
India’s largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation’s impending Bitcoin ban. Go to Source Powered by WPeMatico
Indian banks put crypto traders’ accounts under the microscope
HSBC, HDFC and Citi are now requiring crypto traders in India to provide information about their activities or risk losing their funds. Go to Source Powered by WPeMatico
India’s Warren Buffet says Bitcoin hangover will be worse than the party
The man known as India’s Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover for investors. Go to Source Powered by WPeMatico
Janet Yellen Warns Bitcoin Is ‘Extremely Inefficient’ and ‘Highly Speculative’ as BTC Price Plunges
U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses investors can suffer. Yellen also believes that bitcoin is not widely used as a transaction mechanism due to its inefficiency, … Read more
US Treasury Secretary floats idea of digital dollar maintained by the Fed
She still questioned how regulators would “manage money laundering and illicit finance issues” with digital currencies. Go to Source Powered by WPeMatico
South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation. Go to Source Powered by WPeMatico