Bookmarking Crypto Insights
Auto Added by WPeMatico
The U.S. Financial Crimes Enforcement Network (FinCEN) has issued an advisory calling on cryptocurrency exchanges to monitor Iranian use of crypto to evade sanctions Go to Source Powered by WPeMatico
A new report from the latter’s cybersecurity authority warns that Brazil has spawned over 81,000 Coinhive reports, while Iran has about 11,000 Go to Source Powered by WPeMatico
Respected economist Professor Steve Hanke has chanted down central banks. While Hanke doesn’t tout cryptocurrency as an alternative, he does say that the world needs fewer central banks because these government-controlled entities are messing up economies and abusing monetary policy, while fueling inflation and loss of wealth. Also read: Ex-Liberia Central Bank Chief Under Probe For … Read more
Following a decision to recognize mining as an industry, the Islamic Republic of Iran is about to legalize the import of mining equipment. Also in The Daily, an executive at a leading Spanish bank insists cryptocurrencies are “perfect” and must be understood; trying to better understand the crypto space, Cyprus has set up a fintech … Read more
When societies discuss cryptocurrencies, the argument that the decentralized and unregulated nature of the crypto space leaves the door open to abuse, like money laundering and financial fraud, is often put forward by officials and authorities. However, a string of cases involving precisely these sins, and many, many banks, show that regulations are largely ineffective … Read more
Bitcoin has suffered insurmountable losses over the past two days. Roughly 15 percent has wiped away from bitcoin’s value, and at press time, the price stands at about $6,404 – virtually unchanged from yesterday. It wouldn’t be so bad if at the beginning of the week the currency wasn’t trading for approximately $7,300. Some analysts … Read more
The world’s most expensive bitcoin core (BTC) price is in Iran. A combination of high foreign currency demand, economic sanctions and an improved regulatory environment – with some speculation – have sent the price of the leading digital currency skywards. How high can it go? Also Read: Iran Officially Recognizes Cryptocurrency Mining Falling Rial, New Policy … Read more
The Secretary of Iran’s Supreme Cyberspace Council revealed that the government has accepted crypto mining as an industry Go to Source Powered by WPeMatico
As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering? Also read: As Zimbabweans Struggle for Cash, Even the … Read more
Disaster capitalism: How inflation and economic crisis are driving nations to cryptocurrencies Go to Source Powered by WPeMatico
