Month: January 2022

Around El Salvador in 45 days: A Bitcoin-only travel story

El Salvador adopted Bitcoin (BTC) as legal tender over four months ago on Sept. 7, 2021. Bitcoiners around the world have been watching with intent as the president of El Salvador, Nayib Bukele, attempts to “orange-pill” an entire nation. The president regularly buys the dip, has promised a low-tax Bitcoin “Citadel” in the form of Bitcoin City, and is exploring renewable energy BTC mining using volcanoes. But what is it like for those living day to day in the smallest Central American country, known as “the land of volcanoes”? Moreover,…

Singapore To Restrict Highly Risky Crypto Investment Marketing

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Singapore, one of the world’s most progressive financial cities and home to many crypto investment companies, is cracking down on advertisements for digital asset services within its borders. The Monetary Authority of Singapore, which to summarize: “This new law will effectively ban advertisements related to digital currencies.”  It’s another setback for cryptocurrency suppliers as more countries regulate this sector. The Financial Authority of Singapore has issued guidelines to crypto investment companies that urge them to cautionary advertising and marketing in public areas and bodily or digital currency trading. The government…

US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns – Regulation Bitcoin News

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A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit any crypto transactions “without any process, rulemaking, or limitation on the duration of the prohibition.” America COMPETES Act of 2022 ‘Disastrous’ for Crypto Jerry Brito, executive director of Coin Center, a D.C.-based think tank focused on the public policy issues facing cryptocurrencies, warned about the “America COMPETES Act of 2022”…

TOP 5 Best Cryptocurrency To Invest In 2021 (Long Term Investment)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ► We go over the 5 TOP Cryptocurrencies to Invest in 2021 (Long Term). They include Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Polkadot (DOT), and Chainlink (LINK)! ✅ CHANNEL LINK → ❗ QUERIES SOLVED – ○ Best cryptocurrency to invest in 2021 ○ Top altcoins ○ Cryptocurrency news ○ Top 5 crypto coins 🎬 RECOMMENDED VIDEOS ○ Learn Trading For Free – ○ How To Get Job In Dubai – ○ Cryptocurrency For Beginners – 💻 VIDEO DETAILS – Cryptocurrencies in 2021…

Books to Learn More About Money and Crypto

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

Russia’s proposed crypto ban and why everyone’s against it

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On Jan. 20, the Central Bank of Russia (CBR) issued a report summarizing its position on digital assets and proposing a ban on any crypto trading and mining operations in the country. Although the CBR’s strict position on the matter was never a secret, such a bold statement triggered waves of fear, uncertainty, and doubt — otherwise known as FUD — across the board, given Russians’ high rates of involvement in the global digital assets market.  Yet, there are reasons to doubt the ultimate effectiveness of the CBR’s hardline bidding,…

How Binance, Coinbase and Other Major Crypto Exchanges Handle Your Data.

Bakkt (last updated Oct. 28, 2020) “We also collect information about you from third parties, such as money laundering and fraud prevention information providers, marketing agencies, identity and creditworthiness verification services, and analytics and information providers. We may combine information we collect about you with information from third parties.” Binance (last updated Jan. 12, 2022) “We may receive information about you from other sources such as credit history information from credit bureaus.” Bitfinex (last updated May 27, 2021) Not specified BitMEX (last updated Aug. 28, 2020) “We receive personal data…

Chrono․Tech Attracts $30 million Investment – Press release Bitcoin News

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press release PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector has been nothing short of sensational over the course of 2020 and 2021, but Sydney blockchain company Chrono.Tech has enjoyed a particularly impressive run. Chrono’s suite of blockchain-based solutions for the HR and recruitment industry have attracted large numbers of new users as…

Crypto industry seems willing to adopt FATF travel rule: Survey

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The cryptocurrency industry is eager to comply with the Financial Action Task Force’s (FATF) so-called Travel Rule, and appears willing to work with regulators in order to expedite the process, a new survey found. As per a survey conducted by Notabene, a crypto compliance firm based in New York, most of the crypto industry will be Travel Rule-compliant by Q2 2022. Currently, the report claims that about 70% of respondents are either practicing the rule or planning to complete their compliance in Q1/Q2 2022. The advent of cryptocurrencies has presented…

Amazon Marketplace Owners Can Now Be Bought Out in Crypto

Amazon Marketplace owners who sell their business to Elevate Brands will now have the option of being paid in crypto. Elevate Brands, which holds a portfolio of Amazon-focused consumer products companies, is teaming up with Coinbase Prime to offer the option. “We’ve learned that [Fulfillment by Amazon] sellers are already well entrenched in crypto, so we are thrilled to be the first company in the Amazon ecosystem to offer the option of Cash or Coin,” Ryan Gnesin, CEO of Elevate Brands said in a press release. Elevate has raised over…