Mark Cuban proposes using Dogecoin to solve Twitter’s crypto ad problem
Twitter’s new owner, Elon Musk, appears to support the idea after vowing to cut down on the social media network’s spam problem. Go to Source Powered by WPeMatico
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El Salvador Bitcoin wallet shows ‘strong sign of adoption,’ exec says
The Mexican Bitso exchange has been providing its custody and exchange services to Chivo so that the government of El Salvador can buy Bitcoin. Go to Source Powered by WPeMatico
Ukrainian Soccer Club Shakhtar to Raise Humanitarian Funds Through NFT Sale
Shakhtar Donetsk, a leading soccer team in Ukraine, will sell a collection of non-fungible tokens (NFTs). The club intends to auction several signed jerseys to raise funds for Ukrainian citizens affected by the ongoing war with Russia. FC Shakhtar Donetsk to Auction Digital Collectibles With Help From Binance Binance NFT, the marketplace for non-fungible tokens … Read more
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President Mirziyoyev to Oversee Crypto Market in Uzbekistan Uzbekistan’s head of state, Shavkat … Read more
Bill Regulating Crypto Mining Submitted to Russian Parliament
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers to Review Legislation Enforcing Rules for Crypto Mining Sector The draft … Read more
Smart money is accumulating Ethereum even as traders warn of a drop to $2.4K
Short-term analysis sets a $2,400 price target for ETH, but data shows smart money continues to accumulate in anticipation of the Merge. Go to Source Powered by WPeMatico
Solving the ‘Sunrise Issue’ is the key to unlocking crypto mass adoption
Regulation will touch every person in every jurisdiction worldwide; crypto must find ways to preserve its decentralization and privacy. Go to Source Powered by WPeMatico
Binance to drive crypto and blockchain awareness among Indian investors
Binance also highlighted that Indian regulators and policymakers cite the lack of education as an area of concern, hindering crypto’s widespread adoption in the region. Go to Source Powered by WPeMatico
Illegal Use of Cryptocurrency Largely a Myth, Russian Lawmaker Says
Only a small share of cryptocurrency transactions have illicit purposes and the use of digital coins in illegal activities is for the most part a myth, a high-ranking Russian lawmaker has recently stated. Andrey Lugovoy, who is one of the deputies working on new crypto regulations, also said Russia can become a global leader in … Read more
Belgian financial regulator FSMA to regulate crypto exchange services
Crypto service providers must fulfill seven conditions that include being constituted in the form of a company with a minimum capital of roughly $52,725 (EUR 50,000). Go to Source Powered by WPeMatico