Bank of Brazil Becomes the First State-Backed Bank to Allow Customers Exposure to a Crypto ETF – Finance Bitcoin News

Brazil’s first crypto ETF debut is postponed, but not because plans have failed whatsoever. The Bank of Brazil (Banco do Brasil) is now joining the bandwagon of ETF issuances, following the same steps as Bank Itaú and BTG Pactual did. New Launch Date Set for April 26 According to a letter sent by Hashdex to its clients, the state-backed banking institution will be able to offer its customers the possibility of buying the crypto ETF of Hashdex, which will have the ticker “HASH11.” That said, the Bank of Brazil’s customers…

'Ossification Is Stupid:' Bitcoin Development Controversy Strikes 'Speedy Trial' Taproot Activation – Technology Bitcoin News

The well known software developer Luke Dashjr is in the midst of controversy over how to upgrade the Bitcoin network in order to add the Taproot protocol. Bitcoin Core developers want to upgrade with “Speedy trial,” which will allow miners to push the feature through. However, Luke Dashjr wants to upgrade in a different manner, and considers the proposal an “attack on Bitcoin” as it’s “not a good thing” from his perspective. Bitcoin Developers Find Controversy Over Taproot Activation Bitcoin developers have revealed “Speedy trial support for versionbits #21377,” which…

Nigeria's SEC in Talks With Central Bank of Nigeria Over Crypto Regulation— 2020 Crypto Guidelines Still Suspended – Regulation Bitcoin News

Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto guidelines it issued in September 2020 remain suspended. Crypto Guidelines Set Aside However, the regulator promises that at the conclusion of its engagements with the CBN, stakeholders will be informed of the outcome. Meanwhile, in his comments that were made during a Q1 Capital Market Committee…

Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon – Taxes Bitcoin News

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins has pushed for the invocation of a Miami-Dade digital currency task force. A Resolution for a Cryptocurrency Task Force Has Been Submitted to an Infrastructure Committee in Miami-Dade A few years ago at The North…

Wallstreetbets Reinstates Ban on Cryptocurrency Discussions, Citing Bloomberg Coverage – News Bitcoin News

The moderators of the famous Reddit forum Wallstreetbets, known for putting Gamestop (GME) stock prices on the map as a worldwide trending topic, lifted a ban on all discussions related to bitcoin, ethereum, and dogecoin. However, the decision has been reversed after a recently published Bloomberg article. Bitcoin, Ethereum, Dogecoin Were Allowed to Discuss for Just One Day On April 14, 2021, Wallstreetbets moderators issued a statement, commenting about why they’ve been banning crypto-related discussions within their threads, citing that its main focus is the stock market. They continued to…

SafeEarth Donates $100,000 to TheOceanCleanUp Kicking Off Blockchain Eco Project – Press release Bitcoin News

press release PRESS RELEASE. Blockchain eco project SafeEarth has donated over $100,000 to TheOceanCleanUp charity with more donations planned for other global charities. 16th April, 2021, London, UK — SafeEarth, a blockchain eco project, has donated over $100,000 to community selected charity TheOceanCleanUp. The donated funds will help towards the removal of plastic waste from the planet. This generous donation represents the first act of SafeEarth’s continuing initiative to help charities across the globe. The money was raised from SAFEEARTH token transaction fees. From each token transaction a portion of…

Dogecoin Markets Soar as Token Nears a Half Dollar, DOGE Price Climbs 18,299% in 12 Months – Altcoins Bitcoin News

The popular meme-based crypto-asset dogecoin has seen phenomenal gains during the last few days. On August 16, 2021, the digital currency featuring the likeness of the Shiba Inu dog tapped an all-time high at $0.44 per token. However, the cost to send a transaction in dogecoin has jumped to that price as well on Friday. Who Let the DOGE Out? Dogecoin (DOGE) has spiked massively this week in value shocking everyone watching digital currency markets in action. DOGE jumped to a high of $0.44 per unit on Friday morning at…

Bitcoin SV Can Now be Traded on Beaxy.com

It is without a doubt that Bitcoin SV (BSV) is gaining ground when it comes to establishing itself as the token and technology of the future with its stable protocol, infinitely scalable blockchain and capacity for secure and low-cost microtransactions and big data. It is actually the only network in production that offers all of these functionalities and more. Bitcoin SV, with SV standing for Satoshi Vision, is the rebirth of the original Bitcoin, consistently staying true to Bitcoin creator Satoshi Nakamoto’s vision of Bitcoin. Early last year, BSV has…

Federal Reserve Chairman Jerome Powell Says Cryptocurrencies Are 'Vehicles for Speculation' – Regulation Bitcoin News

The Federal Reserve chairman believes that cryptocurrencies are “really vehicles for speculation” and “No one is using them for payments.” He then compared crypto to gold. His comments about cryptocurrency followed Coinbase’s direct listing on Nasdaq. Fed Chair Powell Thinks Crypto Is for Speculation Federal Reserve Chairman Jerome Powell talked about cryptocurrency in an interview with The Economic Club of New York on Wednesday. The event took place amid Coinbase’s IPO via a direct listing on Nasdaq. With the rising popularity of bitcoin and cryptocurrencies, he was asked if he…

Turkey Bans Cryptocurrency Use for Payments as Local Currency Plunges – Regulation Bitcoin News

The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. Turkish Central Bank Prohibits Crypto Use for Payments of Goods and Services The Turkish central bank (also known as CBRT or TCMB) has issued “Regulation on the Disuse of Crypto Assets in Payments.” It was…