Month: March 2022

11 companies form Canadian Web3 Council to advocate for comprehensive crypto strategy

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A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at the forefront of the global digital economy. Bringing together exchange platforms, blockchain projects and tech investors, the association will work to advance blockchain-related policies that balance “innovation, consumer protection, and stability”.  The open letter from Web3 Council announcing its launch came out on Tuesday, March 29. At the outset, the association consists of 11 members: Aquanow, Axiom Zen, Chainsafe Systems, Dapper Labs, Ether Capital, ETHGlobal, Figment,…

CoinShares Records Largest Capital Inflows in 3 Months

CoinShares saw a weekly inflow of $193 million into its crypto investment products. Europe dominated the inflows with $147 million, while the Americas recorded $45 million. Solana also saw its highest weekly inflow, with $45 million. CoinShares has published its weekly report on digital assets fund flows, and it holds some positive signs for the market. The report highlights that inflows into crypto investments products totaled $193 million, the highest since December 2021. The spike in inflows is a sign that the market’s sentiment is changing. The inflow was largely…

Argentinian Tax Agency Amps Up Scrutiny for Crypto Traders and Holders With New Requirements – Bitcoin News

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The Argentinian Tax Agency (AFIP) is watching the movements of cryptocurrency traders and holders, to tighten its control over their transactions. The institution is now sending emails to Argentinian citizens asking for a series of data regarding supposed cryptocurrency operations made in their names. The agency requires the public keys of the citizen and a list of transactions made during a certain time period. Argentinian Tax Agency to Scrutinize Crypto Users The AFIP, the Argentinian tax watchdog, has decided to take the battle against cryptocurrency tax evasion directly…

West Ham United Inks Deal with Fetch.ai, Harnessing the Power of AI & Blockchain

West Ham United, one of the top football clubs in the English Premier League (EPL), has selected Fetch.ai as its official artificial intelligence partner for the women’s and men’s teams. As artificial intelligence (AI) and machine learning-based blockchain platform, Fetch.ai will improve business and day-to-day activities at West Ham United.  For instance, by using digital twins or autonomous economic agents availed by Fetch.ai, the West Ham United fraternity will have the opportunity to eliminate intermediaries by gaining full control of their digital interactions like booking a hotel, making travel arrangements,…

Kyrgyz MP wants national crypto

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Kyrgyz member of parliament (MP) Karim Khanjeza called for the legalization of cryptocurrency in the country during a parliamentary committee meeting on law and order and combating corruption. During his speech, MP Khanjeza advocated for developing a legal framework for the crypto market and suggested amendments to the draft law to incorporate virtual assets. He said, “nothing is growing as fast as cryptocurrency.” He added that their country is perfectly positioned to take advantage of the growing crypto popularity and suggested launching their own national cryptocurrency. He said the government…

Is Bitcoin still a good investment? – The 6 best BTC charts

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin Analysis, BTC Chart, BTC Review, Bitcoin longterm, BTC macro cycle Premium Membership: Official Telegram Groups: Chat: News: Please LIKE if you enjoy the content – Thank you! Charts shown in the video: Disclaimer: I am not a financial advisor and this video does not constitute financial advice. This video is for entertainment purposes only. Please do your own research before making financial decisions. #bitcoin #btc #crypto ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Grab’s Technology Head Departs to Lead Metaverse Gaming Firm Ethlas: Report

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How Blockchain Technology is Revolutionizing The Financial Services Industry

Ever since Bitcoin came into play as a cryptocurrency offering an alternative to traditional finance, blockchain technology has been disrupting the financial services industry through its unique capabilities and applications. The revolutionary technology is set to improve every section of the traditional finance industry, including retail banking, capital markets, and asset management. Notably, blockchain technology has gradually advanced into the world of payments to transform the traditional transaction environment, driving efficiency and simplicity by establishing new financial processes and services infrastructure. It enables the inflow of liquid cash through smart…

Why Do Investors Choose Cryptocurrency?

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For more than a decade, Bitcoin spent its time in the shadows of the Internet, growing from a dark web currency and mysterious tech experiment to a massive monetary network worth close to $1 trillion. With so much capital behind the top ranked cryptocurrency, it is clear investors continue to pile into the coin that has provided past buyers with unprecedented ROI. But why exactly do investors and ordinary people buy Bitcoin beyond the potential returns? What are the advantages it offers beyond profits that have so many ready to…

Opera integrates Bitcoin, Solana, Polygon and five other blockchains

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Opera, one of the major crypto-friendly internet browsers, announced the integration of eight blockchains in a continued effort to introduce Web3 to more than 380 million mobile and desktop users worldwide. In Jan. 2022, Opera launched the Crypto Browser project, a Web3-focused initiative for facilitating navigation across decentralized applications (DApp), games and metaverse platforms. As part of this initiative, the browser company added support for eight major blockchain ecosystems, including Bitcoin (BTC), Solana (SOL), Polygon (MATIC), StarkEx, Ronin, Celo, Nervos DAO and IXO. Opera said in the announcement that its…