Switzerland to impose antimoney laundering rules on crypto providers

INDUSTRY

Saturday, 25 September, 2021 at 05:23 GMT
The Swiss Financial Market Supervisory Authority – FINMA – would reportedly require local digital asset providers to take additional steps in preventing criminals from employing cryptocurrencies. The watchdog would also turn its sight towards bitcoin ATMs as it believes that...
Ethereum traders must look out for this throwback spurring a hike

INDUSTRY

Sunday, 19 September, 2021 at 06:05 GMT
Ethereum has not disappointed since picking up from its late-July lows. While ETH was fairly quiet in August, volatility has picked up since the beginning of September and key price swings were observed. Recently, a throwback following a parallel channel breakout instilled hopes...
Trading bitcoin is comparable to trading stamps

INDUSTRY

Sunday, 12 September, 2021 at 07:16 GMT
Bitcoin, and cryptocurrencies in general, has been a controversial topic for a long time. There are many words for what cryptocurrencies pretend to be but are not: decentralized, safe, fair, valuable, stable, a currency, honest, a solution, the future. ...
Volatile week following el salvador′s bitcoin adoption and plunge below $43‚000

INDUSTRY

Saturday, 11 September, 2021 at 05:40 GMT
This was a historic week for Bitcoin as El Salvador officially became the first country to formally recognize it as legal tender. Unfortunately, on that same day, the price dropped by $10,000. ...
El salvador′s largest bank will support bitcoin for loans‚ credit cards and other services

INDUSTRY

Friday, 10 September, 2021 at 06:30 GMT
Banco Agricola is supporting a broad variety of Bitcoin-related services in El Salvador thanks to a partnership with payments startup Flexa. ...
The reason why ethereum‚ solana had a great run in august

INDUSTRY

Thursday, 9 September, 2021 at 10:25 GMT
Much excitement surrounded last month’s Ethereum London hard fork, and rightly so. It was a big step towards ushering in a new era for the world’s biggest blockchain, and investors were not disappointed. Even as the recent crash delivered a huge blow, its native token Ether...
Panama to recognize bitcoin as payment alternative‚ issues new regulations

INDUSTRY

Wednesday, 8 September, 2021 at 06:46 GMT
A new bill that aims at recognizing Bitcoin as another payment method has emerged in Panama. The bill will also give residents the freedom to use cryptocurrencies. Amidst El Salvador adopting BTC as legal tender, a Central American country is trailing the same path. The intent is...
El salvador largest newspaper adds bitcoin price to homepage

INDUSTRY

Tuesday, 7 September, 2021 at 16:16 GMT
With the legal tender law now in effect, the newspaper has begun tracking Bitcoin’s price to help citizens adapt to the switch. As of today, Bitcoin acceptance becomes a legal business requirement in El Salvador. In response, the country’s largest newspaper has included a...
El salvador′s legislative assembly green lights the $150 million bitcoin trust

INDUSTRY

Thursday, 2 September, 2021 at 17:54 GMT
The Legislative Assembly of El Salvador has issued legislation on the approval of a $150 million Bitcoin Trust. In addition, they passed legislation supporting crypto services and infrastructure development across the entire country. ...
Bitcoin has no value‚ says people′s bank of china′s official

INDUSTRY

Monday, 30 August, 2021 at 07:05 GMT
China’s central bank has once again reiterated its warning against bitcoin and other cryptocurrencies, saying that they are not legal tenders and have no value.  ...

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