The cost incurred by African migrants or expatriates when sending funds via the so-called formal corridors remains way above the UN target of less than three percent, the latest data from the World Bank has shown. On the other hand, the cost is much lower than the target when cryptocurrencies are used. Global Average Higher Than SDG Target According to the latest World Bank (WB) remittance data, Sub-Saharan Africa has once again emerged as the most expensive region to send funds to. With an average cost of 7.8% for every…
Month: July 2022
OKX Secures License in Dubai and Plans to Open Regional Hub
Cryptocurrency exchange OKX has been awarded a provisional virtual assets (VA) license to provide services to qualified investors in the UAE. Source
Policy Body Representing India’s Crypto EcoSystem Disbanded: Sources
Some of the reasons for the decision included a lack of maturity among crypto founders to take matters seriously with the government, inaction around critical matters despite getting chided by Indiaโs parliamentary finance body, and the creation of a vitiating environment, a person with knowledge of internal consultations said. Source BodyCryptoDisbandedEcosystemIndiasPolicyRepresentingSources CryptoX Portal
India’s Crypto Industry Advocacy Body Is Disbanded by Parent: Sources
Reasons for the decision included a lack of maturity among crypto founders when dealing with government, inaction around critical matters despite prompting by India’s parliamentary finance body, and the creation of a counterproductive environment, a person with knowledge of internal consultations said. The IAMAI felt it was risking a reputation and credibility earned over years of working with new industries and it was time the crypto industry recognized it needed to change its approach, a person familiar with the exchanges between industry and the body said. Source
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Bitcoin Slots – Which One to Play Right Now to Win Big?
Thereโs no denying the impact the emergence of cryptocurrency has had on society in general. The fact that it has been making giant strides into online gambling is an expected result of that. Today there are a ton of players for whom crypto is the ONLY currency they use to play. If you look at the number of Bitcoin games that are available to players, there should be more. You can actually find quite a bit of them, depending on where you play, but shouldnโt all games be accepting crypto…
Bank of Russia Says Stablecoins Are Not Suitable for Settlements โ Finance Bitcoin News
The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins. Russiaโs Central Bank Voices Opposition to Stablecoins Unlike the Ministry of Finance, the Central Bank of Russia (CBR) believes stablecoins are not intended for settlements, either within the country or abroad. The monetary authority said that the issuance and use of private stablecoins is…
Mastercard partners with Indonesian crypto gateway to drive financial inclusion
Financial services firm Mastercard has partnered with crypto gateway provider Fasset to co-develop digital solutions that may drive adoption in Indonesia. The collaboration aims to expand financial inclusion in the country and extend opportunities to its local economy.ย In an announcement, Navin Jain, the country manager for Mastercard Indonesia, said that will support Fasset’s efforts to advance financial inclusion within the country. According to Jain, the partnership will help locals to have more access to digital technologies. Hendra Suryakusuma, an executive at Fasset, told Cointelegraph that there is an unbanked…
Mining mit Grafikkarten ๐ฐ Lohnt sich GPU Crypto-Mining in 2022 ๐ passives Einkommen?
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io In diesem Video schauen wir uns das mining mit Grafikkarten an und ob sich Crypto-Mining mit einer GPU in 2022 noch lohnt und ob die Ertrรคge als passives Einkommen herhalten kรถnnen… Viel Spaร beim Video schauen! Liebe Grรผรe, Euer Putarex #gpumining #bitcoinmining #passiveseinkommen Disclaimer: Alle Inhalte meiner Videos entsprechen lediglich meiner eigenen, persรถnlichen Meinung. Das Video stellt keine Aufforderung zum Kauf oder Verkauf eines Finanzprodukts oder von (Krypto-) Wรคhrung dar. Dieses Video dient lediglich der Unterhaltung und Information. Meine dargestellten Inhalte und…