Bithumb to Ban Foreign Traders Failing Mobile Phone Identification

South Korean crypto exchange Bithumb said it will deny access to foreigners unable to verify their identities via mobile phone. The decision comes as the trading platform moves to comply with the country’s updated regulations coming into force later this month. Korean Exchange Bithumb Prepares to Register Under New Rules Foreign nationals who do not… Continue reading Bithumb to Ban Foreign Traders Failing Mobile Phone Identification

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European Citizens Reject EU-Imposed Crypto Regulation

Most European citizens reject the idea of a cryptocurrency regulation regime imposed by the European Union (EU) on its member states, according to a recent survey. Most surveyed citizens lean towards independent cryptocurrency regulation in each country, compared to 25% that approve an EU-imposed regulation. However, most of the citizens polled acknowledged they still don’t… Continue reading European Citizens Reject EU-Imposed Crypto Regulation

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Ripple (XRP) boss agrees the securities lawsuit has backfired on the SEC

In reference to the unfolding SEC lawsuit , Ripple CEO Brad Garlinghouse doesn’t hold back in framing the case as farcical. Specifically, he referred to the upholding of impossible fair notice standards and due process. Rather ominously, he also suggests no one is safe, given that the SEC could be plotting enforcement against anyone next.… Continue reading Ripple (XRP) boss agrees the securities lawsuit has backfired on the SEC

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Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil

A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based transactions. The project is being reviewed by the Chamber of Deputies… Continue reading Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil

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Italian Soccer Champion Inter Secures $100 Million Crypto Partnership Deal

Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around the world. Italy’s Inter Finds Sleeve Sponsor in the Crypto Industry The €85… Continue reading Italian Soccer Champion Inter Secures $100 Million Crypto Partnership Deal

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As Global Inflation Heats Up, Bitcoin Saves The Day

Many contributing factors have led to a rise in inflation, which bitcoin offers an escape from. The world is breathing a sigh of relief as things normalize after Covid-19 pandemic devastation. Governments are lifting lockdowns, restrictions are being relaxed, and the economy is slowly returning to a semblance of normality. As a result, consumer spending… Continue reading As Global Inflation Heats Up, Bitcoin Saves The Day

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Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance

The list of regulators warning that Binance is illegally operating in their jurisdictions continues to grow. The authorities in Singapore and South Africa have become the latest to warn that the global cryptocurrency exchange may be in breach of their local laws. South Africa’s Financial Sector Conduct Authority Warns Against Binance The South African financial… Continue reading Singapore, South Africa Latest Countries to Warn Against Crypto Exchange Binance

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Cardano (ADA) gives unequivocal no to vaccine passports for these reasons

Several crypto projects, including Icon (ICX) and VeChain (VET), are rolling out features to accommodate vaccine passports. But Cardano will not be joining them in providing this technology. During a recent live stream , Input Output Global (IOG) CEO Charles Hoskinson echoed the misgivings of many people by saying he’s worried that vaccine passports may… Continue reading Cardano (ADA) gives unequivocal no to vaccine passports for these reasons

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Japan’s Financial Giant SBI to Launch Cryptocurrency Fund

Japanese financial conglomerate SBI Holdings is reportedly launching a crypto fund that will invest in several cryptocurrencies. “I want people to hold it together with other assets and experience firsthand how useful it can be for diversifying portfolios,” said an executive of the company. SBI Holdings Launching Crypto Fund SBI Holdings Inc. has revealed its… Continue reading Japan’s Financial Giant SBI to Launch Cryptocurrency Fund

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Bitcoin Is Lying In Wait

Although the price of bitcoin remains relatively stable, there is reason to believe a major breakout is imminent. Headline: Bitcoin Is Lying In Wait Description: Although the price of bitcoin remains relatively stable, there is reason to believe a major breakout is imminent. SEO: Bitcoin Is Lying In Wait By: Dion Guillaume Last Week In… Continue reading Bitcoin Is Lying In Wait

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