Bitcoin

Ukraine legalizes Bitcoin

Ukraine legalizes Bitcoin – The fifth country in a few weeks Ukraine legally accepts Bitcoin – In the office of Volodymyr Zelensky to sign the bill The entry of cryptocurrencies into European territory is officially “signed” by Ukraine, as it is expected to become the first country in Europe to proceed with the legal “recognition” of Bitcoin with market rules and regulatory framework, which shows that governments around the world are now beginning. to accept that cryptocurrencies came to stay. According to CNBC, the Ukrainian parliament passed a law legalizing bitcoin, which until now, was moving in the country in…

More than 60 cryptocurrency exchanges are closing in South Korea

More than 60 cryptocurrency exchanges in South Korea must notify their customers of a partial or complete cessation of trading by midnight on Friday 17/9, one week before the entry into force of a new regulation. According to Reuters, in order to continue operating, exchanges must register with the relevant Financial Intelligence Unit by September 24, providing a security certificate from the Internet Security Service. They should also work with banks to ensure that the accounts belong to real names. Unregistered exchanges must terminate their services after September 24, while those that have registered but have not secured partnerships with…

Binance exchange on trial landmark. How it has saved thousands of lawsuits so far

“According to our policy, it is not our policy to compensate customers for our technical problems,” says Binance. As soon as the Canadian cryptocurrency trader saw the price of Ethereum fall, he realized that it was time to liquidate the assets he had in his possession. However, unfortunately for him, this was not possible. Ahmed was investing in Binance, the world’s largest exchange based on its trading volume. Nevertheless, on May 19, he tried for about an hour but could not “close” his seats. On that day, both Bitcoin and Ethereum recorded their biggest drop since March 2020, with the…

Argentine President Fernandez wants to legalize Bitcoin

According to Argentine President Alberto Fernandez, cryptocurrencies are the emerging category of digital assets Argentine President Alberto Fernandez agreed to legalize Bitcoin, while promising to support the creation of a state digital currency. However, his wish runs counter to the opposition of the country’s central bank. In particular, according to the President of Argentina, cryptocurrencies are the emerging category of digital assets. In an interview with local media outlet Caja Negra, Fernandez answered the question of whether he would consider investigating the CBDC or recognizing bitcoin as legal tender, as El Salvador did. The Argentine president highlighted the growing dynamics…

Cryptocurrencies are under control. The focus is on the operation of exchanges

Investor protection is a priority for the new SEC president In his first major digital money interview, the new chairman of the US Securities and Exchange Commission (SEC), Gary Gensler, hinted that he would not take a lax approach to regulating cryptocurrencies, although he has taught about them at MIT. Policymakers around the world are in the process of finding a way to regulate the $ 1.6 trillion cryptocurrency market, which has seen huge growth and fluctuations. Mr Gary Gensler is in favor of a robust regulatory framework based on securing pads for the millions of investors who have filled…

Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users

A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla, Visa, Mastercard, and Microstrategy adopting cryptocurrency, and El Salvador establishing bitcoin as legal tender, were important events that helped to popularize crypto even more. Cryptocurrency Userbase Jumps to 221 Million Worldwide, According to Crypto.com Report Crypto.com’s “Measuring Global Crypto Users” report found that the number of cryptocurrency users more than doubled during the first half of the…

A sheriff enters the Wild West with cryptocurrencies

From bitcoin to stablecoin – Monetary and government authorities intervene by setting rules in the world of cryptocurrency and preparing to issue official digital currencies Many liken the world of cryptocurrencies to the Wild West, as it is a world outside of laws and regulations, despite the fact that it is beginning to acquire significant economic importance. It seems, however, that the “sheriffs” of the monetary and state authorities have decided to intervene by setting rules and restrictions in the world of cryptocurrencies, but also by issuing their own official digital currencies. There are currently about 10,000 cryptocurrencies, the total…

Historical video from 2013: When the Greek Andreas Antonopoulos was talking about Bitcoin at $ 100

Watch the historical video of Andreas Antonopoulos, host of the Let’s Talk Bitcoin podcast and lecturer for the M.Sc. Digital coins at the University of Nicosia. Source: https://www.cryptonomist.gr/istoriko-vinteo-apo-to-2013-otan-o-ellinas-andreas-antonopoulos-milouse-gia-to-bitcoin-sta-100/?fbclid=IwAR1mXc8DEJdWWzpVNOOg655pjonbrJuJ6b7QlJuQwso2N53NkiOCwOc2iOU 00

Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users

A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla, Visa, Mastercard, and Microstrategy adopting cryptocurrency, and El Salvador establishing bitcoin as legal tender, were important events that helped to popularize crypto even more. Cryptocurrency Userbase Jumps to 221 Million Worldwide, According to Crypto.com Report Crypto.com’s “Measuring Global Crypto Users” report found that the number of cryptocurrency users more than doubled during the first half…

El Erian Manifesto: Governments must “embrace” the cryptocurrency revolution

It is time for governments to stop rejecting the cryptocurrency revolution, considering it the means of illegal payments and reckless financial speculation, says prominent economist Mohamed El Erian. Instead, they should embrace the cryptocurrency market for a better economy and society in general, he adds. At the same time, cryptocurrency enthusiasts need to recognize the issues that have arisen in terms of the impact of these digital assets on the environment as well as the regulatory issues that need to be addressed. According to El Erian, they must move away from the “zero-sum” mentality, according to which their profits can…