Cryptocurrency Analysis and News Portal
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month. Government of Japan to Close Loopholes for Russians
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On a positive trajectory over the last 24 hours and moving along with the general sentiment in the market, Polygon decentralize exchange (DEX) QuickSwap could boost its fundamentals. According to a recent announcement, the project could split its native governance token QUICK. Related Reading | Polygon Token Price Analysis – New
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The armed forces of Myanmar, which have been in control of the government since forcibly detaining many elected leaders in 2021, is reportedly planning to release a digital currency to help the local economy.According to a Thursday report from Bloomberg, Major General Zaw Min Tun said rolling out a digital
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The Japanese government is considering a proposal to make it easier for registered crypto exchanges to list digital assets in the local retail trading market.Sources quoted in Bloomerg said that if the new rules are passed, exchanges that have registered with the Financial Services Agency (FSA) would be able to
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Industry association Japanese Virtual Currency Asset and Exchange Association (JVCEA) has to approve token listings on exchanges. Source
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The Japanese industry body that makes rules for crypto exchanges is considering easing restrictions on listing new tokens, Bloomberg reported on Wednesday.Under the proposed new rules, crypto exchanges will be able to list more than a dozen tokens at once, Bloomberg said, citing people familiar with the matter. The current
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Grayscale, the world’s largest crypto asset manager, has added 25 coins to the list of assets it is considering adding to its investment products including VeChain, Iota, Monero and Axie Infinity.Other assets are consideration are: Algorand (ALGO), Arweave (AR), Bancor (BNT), BitTorrent (BTT), BORA (BORA), Convex (CVX), Cosmos (ATOM), Decred
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The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology
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A minister in the Nigerian government has called on authorities in the country to consider regulating cryptocurrencies instead of clamping down on them. The Law Does Not Stipulate Who Regulates Cryptos In what appears to be a rebuke of the Central Bank of Nigeria (CBN) over its stance on cryptocurrencies, a
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A new proposal in the Brazilian Congress calls for a tax exemption on both the importation of crypto mining rigs and on any mining conducted using renewable energy sources.A Dec. 4 report from Brazilian media outlet Seudinheiro explains that a series of new proposals from Brazilian lawmakers could reduce the
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