Kraken is pushing past the regulatory hurdles and is on track to launch their very own bank. With their own bank, they’ll be able to better serve customers as there would be no interference on crypto transactions. A banking license along with a digital asset one can actually position it well in the market.
There are myriad coin exchanging services but not all of them are allowed to operate in Hong Kong, preventing you to exchange HKD for Bitcoin and other cryptocurrencies. ChangeNow is already preparing to get a proper trading license from the SFC and the coin exchanging service has seen whopping 62-percent jump in total number of users and more than 200% jump in overall revenue.
Elon Musk, new owner of Twitter is fairly cryptocurrency friendly. We have seen as massive supporter of Bitcoin and Dogecoin in 2021’s bull run. Today, Twitter has rolled out live price support for two of most popular cryptos – bitcoin and ethereum.
Starting December 15th 2022, non KYC users will be able to withdraw mere $20000 unless they opt for KYC (know your customer). Previously, this was 2 BTC, which is about $34000 right now. Most of the centralized cryptocurrency exchanges have enforced compulsory KYC on their platforms and Bybit was one of few to allow users to withdraw without doing any sort of KYC.
SBF from FTX cryptocurrency exchange has announced that it is ready to buy 30-percent of SkyBridge Capital’s stake. This was announced that FTX would be paying $40M dollars for this 30-percent stake.
Sri Lanka is under extreme economic pressure as it has less than $25 million foreign reserves left. Today, the so-called Sri Lankan government has announced that the citizens should not use bitcoin and other cryptocurrencies to go around the restrictions and regulations. The regular citizens are not banned from sending USD or any other foreign currencies outside Sri Lanka.
Crypto wallets are a great way to store your cryptocurrency and keep it safe. But they can also be used to play slots and casino games. In this article, we will discuss the best crypto wallets for playing slots and casino games.
Some lucky users bought bitcoin before mainstream but most have been unable to open old bitcoin wallet because they have forgotten its password. A few hundred dollars invested back in 2012/2013 could be worth a fortune now. However, it can be very difficult to recover bitcoin wallet password unless you are a believer in hypnosis.
(more…)EU officials are talking about banning bitcoin yet again unless it shifts to Proof-of-Stake (PoS). They say if the Ethereum is able to shift, we could legitimately request the same from Bitcoin. They add that they need to protect the bitcoin community.
US President Biden will soon be signing an executive order that will have direct effect on bitcoin, cryptocurrencies and CBDCs. Keep in mind that no direct action will be taken from this order as it only lays out a process and series of deadlines for an interagency team to write framework around digital assets in 6 different, broad, categories. There are six categories of ‘objectives’ set out by the executive order.
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