The Republic of Panama has put forward a bill to regulate cryptocurrencies in a bid to make the country compatible with the blockchain, crypto assets, and the internet. Panamanian crypto-friendly congressman Gabriel Silva announced the news via Twitter stressing that the new initiative has the potential to create thousands of
China's Securities Regulatory Commission (SRC) has disclosed its plans to combat illegal cryptocurrency trading, as well as strengthen its supervision over digital assets and unlicensed cryptocurrency transactions. The deputy chief executive of the SRC, Liang Fengiy, said that there are still many cases of virtual asset fraud in
Traditional Brazilian banks may soon be able to offer cryptocurrency services, thanks to Visa. Some officials of the payments giant confirmed that it is working with several cryptocurrency businesses in Brazil to bring crypto payment cards to the market and hinted at a direct integration of Bitcoin payments in the
US teenagers are more likely to invest in the stock market. However, cryptocurrencies are a more popular option than other alternatives like real estate. Junior Achievement and RSM US investigated the perspective of North American teens regarding the stock market, cryptocurrencies, and other investments. The survey, which was conducted in
Since the El Salvadoran Congress passed a bill to adopt Bitcoin as legal tender in June, the Central American country has continued to intensify efforts to embrace the flagship crypto. In its latest pro-Bitcoin stance, El Salvador has bought $10 million worth of Bitcoin, making it the first country to
Vietnam’s crypto mining market is witnessing a significant uptick in activities as the crypto market continues its rally. According to local news agency VnExpress, there has been an increase in the demand for crypto mining rigs in Vietnam. Quang Thuan, a crypto mining rig vendor, revealed that his company’
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Within the last couple of years, DeFi-based collateralized lending has witnessed unprecedented growth. Projects like AAVE and Compound led the market movement and have been able to stamp their name as multibillion-dollar projects. However, there is a major glitch in the services of protocols like AAVE and Compound. They haven’
According to local reports, the Indian government might soon classify cryptocurrencies as commodities. A new draft bill classified the asset class as commodities, although the full scope of the move is still unclear. If true, cryptocurrencies could be subject to the same as commodities, including taxation and an analysis of
Grupo Elektra is looking to enable support for the Bitcoin Lightning network, according to a Twitter announcement made by owner Ricardo Salinas Pliego. Very soon we will have this in our Elektra store network.🚀 #Bitcoin #LightningNetwork https://t.co/Y4n7pAsBS0 — Ricardo Salinas Pliego (@RicardoBSalinas) September 5, 2021 The billionaire owner
The Monetary Authority of Singapore (MAS) has shortlisted 15 firms to help in retailing its Central Bank Digital Currency (CBDC). The firms will participate in the Global CBDC challenge and help build the in-house retail CBDC. According to an announcement on the MAS website, the participants include four companies from
Belgian digital parking start-up Seety now allows its app users to pay for parking sessions in Antwerp and Brussels with Bitcoin (BTC) and six other digital assets, including Ethereum (ETH) and Dogecoin (DOGE). Seety is a digital parking application that operates in France, Luxemburg, and the Netherlands. It was founded
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Robinos, which aims to level the field for stay-at-home traders and sports fans, among other participants, plans to crowdfund in Q4 2021. Presale Details to be revealed As per the project's roadmap, pre-sale details will be made public in due course. However, the team urges community members to
Binance announced on Sunday that it would revoke some of its product offerings in Singapore following recent warnings from regulators. According to the official post, Singaporeans will no longer be able to trade cryptocurrencies or receive payments denominated in the Singapore dollar (SGD) on its platform from September 9. The
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Baanx, the fast growing B2B2C "Better than a Banking Platform” specialising in fintech services & lending, becomes the third-largest shareholder in the United States regulated Maxwell State Bank in a multi-million-dollar deal to enhance cybersecurity and banking access to communities throughout America. Maxwell State Bank is a fintech bank
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A new project has appeared on the raging NFT market and it is supposed to capture the attention of the Tron community. Bored Ape Yacht Club Tron is a copycat version of the Ethereum-based OG Bored Ape Yacht Club collection. Bored Ape Yacht Club Tron is the 3rd TRON-based project
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Options represent one of the most popular financial derivatives used in the conventional finance industry today & definitely one of the most profitable. If you know how to make use of them they can easily become gold mines providing users with a constant income flow. But first thing’s first: