Cryptocurrency Analysis and News Portal
A tax authority in Argentina is reportedly looking to scrutinize operations involving cryptocurrencies like Bitcoin (BTC).Argentina’s Federal Administration of Public Income, or AFIP, has ordered domestic crypto exchanges and payment firms to provide monthly reports of all kinds of operations by users on their platforms, local news agency Buenos Aires
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The amount of Bitcoin (BTC) being deposited into crypto exchanges has hit a one year highThe new pattern is the result of Elon’s comments that Bitcoin mining is not energy efficientBitcoin has since struggled to maintain the $50k supportHowever, there are some Bitcoin whales scooping up the sold BTCThe amount
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Financial regulators in the U.K. have approved Digivault, the security token custody arm of digital assets group Diginex, to register as a custodian wallet provider.In an announcement from Diginex today, the firm said the Financial Conduct Authority, or FCA, had given the green light to Digivault to register as a
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In South Korea, one in three citizens either own cryptocurrencies or get paid in them. One-tenth of its population trades digital assets, and its youth unemployment rate hovers above 10%. It’s a competitive job market in the East-Asian nation, where high expenses enforce hierarchical social structures, and financial stability can
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Swiss-based bank and financial services provider UBS Group AG looks to be the next to enter the fold. Reports released to start the week state that the banking behemoth is considering several different alternatives to offer digital currency investments. UBS Joins The Club The news comes not long after major US-based firms,
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Ethereum reached highs over $4,000 today and Bitcoin made another attempt at over $59,000. Within a two-hour window, more than 10% of recent gains were wiped out sending Ether back below the key level and Bitcoin tumbling lower. Is this a sign of a reversal in the making, or are these
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After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy.Since launching in August 2018, Quidax has amassed over 400,000 customers across 72 countries, the company disclosed Monday. The figures were published
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One of the core aims of UBS Chief Executive Officer Ralph Hamersб who replaced Sergio Ermotti, is to cut operational costs while digitizing bank’s operations and product offerings. Swiss multinational investment bank and financial services company UBS Group AG (SWX: UBSG) is reportedly exploring multiple ways to bring
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With the constant forest degradation, one starts to wonder if the existing protection methods are efficient enough to tackle the ever-growing problem. If not, then what more can be done to save it without compromising technological advancements that benefit humankind. Tupan might have the answer to that question or, at the
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As the crypto industry continues to evolve, the DeFi revolution has caught everyone’s attention due to its potential to offer to empower financial instruments for all. O3 Swap, the latest project by one of the popular crypto wallet solutions providers O3 Labs takes DeFi to the next level with its
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