The Crypto News 📰

2021-12-03 18:50:39 ​​India's Cabinet Note Indicates No Crypto Ban — Government Will Regulate Crypto Assets: Report

India is no longer planning to ban cryptocurrency, a cabinet note circulated by the government reportedly indicates. Activities relating to crypto assets will be regulated by the Securities and Exchange Board of India (SEBI). Read More Open / Comment

2021-12-03 16:35:05 ​​Russia to Decide Fate of Crypto Exchangers in 2022

Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such platforms. Read More Open / Comment

2021-12-03 06:58:01 ​​'Wolf of Wall Street' Jordan Belfort Warns About Investing in Dogecoin and Shiba Inu Cryptocurrencies

Jordan Belfort, the former stockbroker whose memoir was made into a film starring Leonardo DiCaprio, has warned about investing in meme cryptocurrencies, like dogecoin (DOGE) and shiba inu (SHIB). Belfort explained that “People are taking advantage of an unregulated market,” emphasizing that “The sooner governments step in the better it is for crypto.” Read More Open / Comment

2021-12-02 16:02:09 ​​Indonesia's Central Bank Considers Issuing Digital Currency to 'Fight' Crypto

Bank Indonesia, the country’s central bank, is reportedly considering issuing a central bank digital currency (CBDC) to fight the use of cryptocurrency. “A CBDC would be one of the tools to fight crypto. We assume that people would find CBDC more credible than crypto,” said an assistant governor of the central bank. Read More Open / Comment

2021-12-02 08:36:20 ​​Bank of America Sees Massive Opportunity in Metaverse for Entire Crypto Ecosystem

Bank of America’s strategist says that the metaverse is a massive opportunity where cryptocurrencies will be widely used as currencies. “I definitely believe this is a massive, massive opportunity,” he said. Read More Open / Comment

2021-12-01 09:37:52 ​​Crypto Exchange Binance Explains Its 'Rare' Dogecoin Issue — Resumes DOGE Withdrawals

Cryptocurrency exchange Binance has explained its dogecoin issue which resulted in withdrawal suspension and Tesla CEO Elon Musk calling the problem “shady.” The exchange says it was a “rare issue” and no one was at fault. Read More Open / Comment

2021-11-30 16:41:51 ​​​​ Bitcoin whales continue to buy thousands of BTC in times of the cryptocurrency market drawdown

Last 20 days have been tough for bitcoin, as its price was falling from all-time highs on November, 10 to $54 thousand mark a few days back.

However, this did not stop the BTC whales from buying the dip. They purchased more than 59000 bitcoins in a week. The third-largest Bitcoin whale joined the trend, purchasing nearly 1,000 BTC in 48 hours when Bitcoin traded between $59,250 to $54,000. This is the 11th purchase on the whale’s wallet address this month, which now holds a total of 114,999 BTC. Open / Comment

2021-11-30 08:57:38 ​​CZ (Changpeng Zhao) CEO of the world's biggest crypto exchange Binance, says he doesn't believe in maximizing profits in the short term. He speaks at the Bloomberg New Economy Forum. Watch Open / Comment

2021-11-29 17:20:49 ​​Bank of England Governor Worried About Bitcoin Being Legal Tender in El Salvador

The governor of the Bank of England, the country’s central bank, has voiced concerns about El Salvador choosing bitcoin as a national currency. Citing a recent warning by the International Monetary Fund (IMF) against bitcoin’s use as legal tender, the governor said: “What would worry me most of all is, do the citizens of El Salvador understand the nature and volatility of the currency they have.” Read More Open / Comment

2021-11-29 08:05:50 Open / Comment