Auto Added by WPeMatico

Bank of Russia Rejects Provision of Crypto-Related Financial Services

Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as…

Continue ReadingBank of Russia Rejects Provision of Crypto-Related Financial Services

Huobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets

A report issued by the Huobi Research Institute, the investigative arm of the Asian exchange, examines the effect that upcoming changes of U.S. Federal Reserve policy could have on the…

Continue ReadingHuobi Research Report ‘Taper Landed’ Paints Bleak Picture for Cryptocurrency Assets

Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days

A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is…

Continue ReadingCrypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days

Blockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer

The crypto firm Blockchain.com is joining the slew of digital currency exchanges that have launched non-fungible token (NFT) marketplaces in recent times. On December 2, the company announced it is…

Continue ReadingBlockchain.com Reveals Non-Fungible Token Marketplace and NFT Explorer

Alternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios

Investments in alternative assets such as cryptocurrencies account for over half of the portfolio of non-qualified Russian investors, a recently held survey has indicated. Almost half of them consider digital…

Continue ReadingAlternative Investments Like Crypto Form Half of Russian Non-Qualified Investors’ Portfolios

Putin Warns Cryptocurrencies Carry Risks, Admits They May Have Future

Russian President Vladimir Putin has again spoken about cryptocurrencies, noting the “high risks” associated with the virtual assets. However, the Russian leader has also acknowledged that digital currencies may have…

Continue ReadingPutin Warns Cryptocurrencies Carry Risks, Admits They May Have Future

Finance Committee Approves Legislation Delaying Crypto Tax in South Korea

Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks…

Continue ReadingFinance Committee Approves Legislation Delaying Crypto Tax in South Korea

Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new…

Continue ReadingUzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges

Major League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin

The Inter-Miami CF (IMCF) Major League Soccer (MLS) star Kieran Gibbs has announced the player plans to convert half of his salary into bitcoin. Gibbs will leverage the crypto finance…

Continue ReadingMajor League Soccer Star Kieran Gibbs Reveals Plans to Convert 50% of His Salary Into Bitcoin

Avalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets

Cryptocurrency markets have started to recuperate from last week’s losses as bitcoin, ethereum, and a slew of digital assets have seen slight gains. However, the cryptocurrency avalanche has seen its…

Continue ReadingAvalanche Value Surges Reaching an All-Time High, AVAX Joins the Top Ten Crypto Markets