Author: admin
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Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used to do some arbitrage, or to circumvent some regulations.” Carstens Repeats the Same…
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Whale Shark’s NFT Collectors Playbook
Whale Shark has bought 210,000 NFTs, including some well-known ones. Here’s how he thinks about the market.
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RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto legislation, the central bank has voiced some “major…
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SwissBorg’s ‘Smart Yield’ wallet is offering up to 17.5% APY on Ethereum
SwissBorg’s wealth management app has launched a new offering that allows users to earn up to 17.5% annualized percentage yield (APY) on their Ethereum holdings, it said in a release last week. In just one week, 60,000 ETH have been added to the wallet. All users of the SwissBorg app can simply activate the new…
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215k Bitcoin moved to ‘HODL’ wallets as asset recovers to $53,000
Bitcoin markets fell over -7% in the past day amidst a broader fallout in crypto markets and a surge in the Dollar Index (DXY), data from multiple sources shows. However, on-chain data from analytics tool Glassnode showed buyers were stacking sats and sending newly-bought Bitcoin to long-term wallet holdings instead of selling the asset outright…
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Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO
PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March. The Tidal IDO on Polkastarter was oversubscribed by…
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Tidal to Launch Balancer LBP Following 500x Oversubscribed Polkastarter IDO
PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March. The Tidal IDO on Polkastarter was oversubscribed by…
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Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC to Pilot this May Jamaica,…
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Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC to Pilot this May Jamaica,…
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Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting Its Competitors to Conduct the Research According to…