Cryptocurrency Analysis and News Portal
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
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Norway is “currently considering potential policy measures” to address the “challenges related to crypto mining.” In this context, they are “looking at the solutions proposed by the Swedish regulators” with an eye on Europe-wide regulations, Gram said. Source
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In a presentation made during the Singapore Fintech Festival, Annerie Vreugdenhil, chief innovation officer of ING, announced the firm is working on a trial of its decentralized finance, or DeFi, peer-to-peer lending protocol with the Netherlands Authority for the Financial Markets. Vreugdenhil said the following in regards to the development,
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Paytm, India's leading digital payments company, said Thursday that it would consider Bitcoin services if the country's regulatory framework for cryptocurrencies was more definite.Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV, Paytm's chief financial officer Madhur Deora stated that the rules surrounding Bitcoin (BTC) remain
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Crypto exchange Binance is investigating the SQUID token crash and considers it a classic “rug pull” scam, according to a Barron’s report.Binance has frozen and blacklisted wallet addresses tied to the token’s developers, according to the report. It is also using analytics tools to identify the developers.The developers appear to
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Patreon, the membership platform, is pondering the idea of letting creators in its platform issue their own creator coins. The statement, that constituted a revelation, was offered by Patreon CEO and co-founder Jack Conte and Chief Product Officer Julian Gutman during The Information’s 2021 Creator Economy Summit. This is consistent
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AMC Theatres, the largest movie theater chain in the world, is considering adding Shiba Inu (SHIB) as a way to pay for tickets. On Friday, the CEO of the theatre chain, Adam Aron, put up a poll on Twitter asking the crypto community if they would be potentially interested in paying
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State-owned Russian energy giant Inter RAO is now discussing electricity supplies for Kazakhstan where crypto miners have allegedly caused a spike in consumption this year. The country is expecting the power deficit to reach 600 megawatts as demand during the winter increases even further. Kazakhstan Likely to Buy Electricity From
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The CEO of the world’s largest movie exhibition company, AMC Entertainment, is asking the crypto community whether his company should accept shiba inu (SHIB) for payments. The company is already planning to accept several cryptocurrencies by year-end, including dogecoin. CEO Asks Whether AMC Should Accept Shiba Inu The CEO of AMC Entertainment,
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AMC Entertainment is in the process of updating its technical infrastructure to allow consumers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) for movie tickets. But it doesn't stop there. In a Twitter post early Friday morning, Adam Aron, the company's CEO, asked if users
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