Cryptocurrency Analysis and News Portal
Crypto exchange Huobi Global will close the accounts of all Singapore-based users by March 31, 2022 to comply with local regulations, the exchange said in a statement on Tuesday.Huobi claims to be expanding its overseas presence to make up for expelling Chinese users, which represent half of its total user
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Cryptocurrencies are a popular investment among Iranians and estimates suggest that the number of those who already own one coin or another may be as high as 12 million. The majority of Iranian traders prefer the services of local crypto exchanges, the chief executive of one of them claims. Iranians
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FTX, the cryptocurrency derivatives exchange juggernaut, plans to keep expanding into new jurisdictions through buying local crypto companies or exchanges, CEO Sam Bankman-Fried said Wednesday on CoinDesk TV.Asked about future acquisitions, the 28-year-old billionaire hinted he may be looking for another LedgerX, which was FTX’s August acquisition. LedgerX, a regulated
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Sweden’s Financial Supervisory Authority (FI) is investigating two local crypto firms, Safello and Goobit, according to an announcement on its official website.FI said on Thursday it wants to know how local crypto firms are complying with the European nation’s anti-money laundering (AML) rules.To that end, FI has picked what it
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Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to remove restrictions that were imposed in 2018. The Case for Blockchain Instead, the experts claim the remarks show that the government is only interested in aspects of blockchain
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Brazil’s B3 stock exchange could serve as the information oracle for the smart contract system of a digital real (CBDC), according to the Central Bank of Brazil (CBC).Mardilson Queiroz, part of the CBC’s department of financial system regulation, said that B3 could act as one of the system’s “oracles”, creating
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Leading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow the trading platforms to register with financial authorities before the Sept. 24 compliance deadline. Bithumb, Coinone and Korbit Maintain Partnerships
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press release PRESS RELEASE. GoMeat Services (https://gomeat.io) is a digital marketplace connecting consumers with their local specialty (halal/kosher) stores. Since its launch in 2019, GoMeat has processed over 6k orders and garnered over 5k loyal users. GoMeat application and website bring convenience to the doorstep of specialty consumers by providing
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Fitch Ratings has become the latest global credit rating agency to warn El Salvador against adopting Bitcoin (BTC) as legal tender, expressing concerns that crypto assets could cause systemic risks for the Latin nation.Citing the country’s lack of clarity in Bitcoin’s implementation in mainstream markets, Fitch Ratings warned about the
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Choosing the local cryptocurrency exchange that’s best for you largely depends on your personal needs and circumstances.In the last year, cryptocurrencies have once again exploded in popularity, as some of the most popular digital assets like Bitcoin (BTC), Ethereum (ETH), and dozens of other cryptocurrencies reached heights not seen since
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