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Category: Cryptocurrencies

From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation

Posted on October 29, 2023 By Caden
From Venezuela’s 360% to Ghana’s 42%, 10 Countries Worldwide Feel the Sting of Inflation

Drawing upon the latest statistics, ten nations are grappling with inflation rates surpassing 40% as of October 2023, while four countries are enduring inflation rates in excess of 100%. A look into the data curated by the International Monetary Fund’s World Economic Outlook reveals that the Venezuelan bolivar is weathering significant inflation at a rate…

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Bitcoin (BTC), Crypto, Cryptocurrencies, Economics, fiat currencies, inflation, inflation rate, Stablecoins

Coinbase Registers as Crypto Exchange and Wallet Provider in Spain

Posted on September 25, 2023 By Caden
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain

U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets. Cryptocurrency Exchange Coinbase Registers With the Central Bank of Spain Leading…

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Bank of Spain, Coinbase, Crypto, crypto exchange, crypto services, crypto trading, crypto-custody, Cryptocurrencies, Cryptocurrency, EU, Europe, Exchange, Exchanges, expansion, registration, Spain, Spanish

Russia Recognizes Digital Currencies of Other Nations

Posted on August 6, 2023 By Caden
Russia Recognizes Digital Currencies of Other Nations

The Russian government has legally recognized digital currencies issued by other nations, local crypto media reported. The respective legislative changes have been made alongside the adoption of a dedicated law regulating the introduction of Russia’s own digital ruble. Amendments Legalizing Foreign CBDCs Enter Into Force in Russia Russian authorities have granted digital currencies of other…

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Crypto, Cryptocurrencies, Cryptocurrency, Digital Currencies, Digital Currency, digital ruble, Finance, Law, Legislation, recognition, Russia, russian

Double Standards in Finance: SBF’s Legal Troubles Spark Concerns

Posted on July 29, 2023 By Caden
Double Standards in Finance: SBF’s Legal Troubles Spark Concerns

Cryptocurrencies and DeFi have shaken up the world of finance, but the spotlight on Sam Bankman-Fried (SBF), the mysterious FTX founder, has raised serious concerns about how the U.S. government handles financial regulation and fairness. SBF faces some serious accusations like misusing customer funds, market manipulation, insider trading, witness tampering, and money laundering. Some folks…

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Accusations, Concerns, connections, Cryptocurrencies, Customer Funds, DeFi, Double Standards, fairness, Finance, Financial Regulation, FTX founder, insider trading, market manipulation, Money Laundering, Op-Ed, Sam Bankman-Fried, spotlight, U.S. Government, Wealth, witness tampering

Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao

Posted on June 1, 2023 By Caden
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao

Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said investments in several banks might be a better…

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Australia, australian, Bank, Banking, banks, Binance, ceo, Changpeng Zhao, Crypto, crypto exchange, Cryptocurrencies, Cryptocurrency, Cryptocurrency Exchange, CZ, deposits, Exchange, Exchanges, Executive, founder, payment providers, Payments, U.S., Withdrawals

Investment Fund Focused on Crypto Mining to Be Created in Russia

Posted on March 3, 2023 By Caden
Investment Fund Focused on Crypto Mining to Be Created in Russia

The establishment of Russia’s first mutual investment fund dedicated to financing cryptocurrency mining operations is underway. According to a report by the Russian press, it will be available to qualified investors and will finance the acquisition of coin minting equipment. Russian Crypto Mining Sector to Attract Shareholders Through Investment Fund Work has begun to set…

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Bank of Russia, Crypto, crypto mining, Cryptocurrencies, Cryptocurrency, equipment, establishment, fund, Hardware, investment, investment fund, Mining, mutual fund, Regulations, rules, Russia, russian

Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia

Posted on February 23, 2023 By Caden
Briton Wanted by US for Advising North Korea on Crypto Arrested in Russia

A British national wanted with a red notice from Interpol for consulting North Korea on cryptocurrencies has been detained in Moscow. U.S. authorities allege that the man helped the regime in Pyongyang to bypass sanctions using digital assets. U.K. Citizen Sought by U.S. for Violating North Korea Sanctions Apprehended in a Moscow Hostel The Russian…

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American, Arrest, Arrested, Blockchain, blockchain technologies, Brit, British citizen, Briton, Crypto, crypto entrepreneur, crypto technologies, Cryptocurrencies, Cryptocurrency, detained, evasion, INTERPOL, News, north korea, pyongyang, Russia, russian, Sanctions, U.S., US

Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning

Posted on February 12, 2023 By Caden
Russia Releases Bitzlato Co-Founder Anton Shkurenko After Questioning

Russian authorities have released the recently arrested co-founder of crypto exchange Bitzlato, said to have processed illicit funds worth millions of U.S. dollars. Anton Shkurenko, who was questioned in Moscow, denies the French charges against him that became the reason for his brief detention. Shkurenko Says Potential Case Against Him in Russia Won’t Interfere With…

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Anton Shkurenko, Arrest, Bitzlato, Charges, co-founder, Crypto, crypto exchange, Cryptocurrencies, Cryptocurrency, Europol, Exchange, Exchanges, extradition, France, french, INTERPOL, Prosecutor's, Release, Russia, russian, Shkurenko

Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

Posted on January 12, 2023January 27, 2023 By Caden
Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise Germans How to Protect Their Mobile Apps From Malware The Federal Financial Supervisory Authority of…

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accounts, android, applications, Apps, Attacks, banking apps, Crypto, crypto apps, Cryptocurrencies, Cryptocurrency, german, Germany, Godfather, Hacks, Malware, mobile apps, regulator, Security, Trojan, Wallets, watchdog

UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

Posted on January 12, 2023January 27, 2023 By Caden
UK Treasury Considers Digital Pound, Maintains Crypto Hub Objective

The U.K. is mulling over launching a digital pound as it remains committed to becoming a cryptocurrency hub, a government representative has indicated. British authorities should also regulate payments with stablecoins, according to the official. United Kingdom Prepares to Begin Consultation on Digital Pound Currency The executive power in London is considering the introduction a…

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CBDC, Crypto, crypto regulations, Cryptocurrencies, Cryptocurrency, Digital Currency, digital pound, Finance, Government, minister, Regulations, rules, secretary, Stablecoins, Treasury, U.K., uk

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