The Beautiful Game. Soccer, or football, as those living in the “old world” tend to call it. It’s a sport that has many names, a sport that commands a support base of some 4 billion people. The power of football is undeniable. Its best players, the Ronaldos and the Messis, are some of the most recognizable people on the planet. Its…
Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase Cryptocurrencies on Foreign Exchanges Unlike…
Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew.Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), has urged the state to “turn the regulation to zero and start licensing all over again,” local state-run news agency Eesti Ekspress reported Oct. 13.Mäeker claimed…
sponsored Binance, the world’s leading blockchain ecosystem and cryptocurrency platform, has launched a $1 billion Growth Fund for Binance Smart Chain, to accelerate adoption of digital assets and blockchain technology. In the span of next few months multiple programs will be set-up under its umbrella to empower the growth of cryptocurrencies worldwide. Designed to incubate rising blockchain-crypto projects the fund…
The chairman of multi-billion dollar United Stated investment management corporation BlackRock “probably” agrees that Bitcoin has no value.In an interview with CNBC on Oct. 13, Larry Fink issued a tentative agreement with JPMorgan CEO Jamie Dimon on Bitcoin’s true worth.Fink: “I can’t tell” if Bitcoin is going to $80,000 or zeroFamed for his allusions to Bitcoin over the years, Fink, who…
Investors defrauded by the Russia-based cryptocurrency Ponzi scheme Finiko have sent the crypto pyramid an average exceeding 720,000 rubles, or more than $10,000 at current exchange rates. The assessment comes from a survey of victims conducted by a public non-profit organization. Fifth of Finiko Investors Parted With Over 1 Million Rubles Russia is still trying to grasp the magnitude of…
Following sweeping crackdowns by China against Bitcoin mining activity, the United States has now emerged as the leading nation in terms of hash rate.According to the Cambridge Bitcoin Electricity Consumption Index (CBECI), Bitcoin (BTC) miners in America account for 35.4% of the total global BTC mining hash rate distribution.CBECI data also shows Kazakhstan (18%) and Russia (11%) as the next…
Binance crypto exchange officially announced on Oct. 13 that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further restricting access to its platform by users from mainland China, introducing new measures for accounts found to be linked to the region. Binance will specifically limit such…
The founder of Vault Equity believes that United States regulators have a fair reason to be slow in approving a pure Bitcoin (BTC)-related exchange-traded fund (ETF).Vault Equity CEO and founder Tad Park voiced support for the U.S. Securities Exchange Commission (SEC) regarding the regulator’s unwillingness to approve an ETF that would track Bitcoin directly.In a Tuesday Fox Business interview, Park argued…
Kenya has the fourth-highest interest in cryptocurrency globally, a new research study by Broker Chooser has found. According to the study, only three countries — Ukraine, Russia, and the United States — have had higher searches for cryptocurrency in the last 12 months than Kenya. Crypto Searches in Kenya Highest in Africa According to a Citizen newspaper report, searches for…
