News about CRYPTOCURRENCIES

News about Cryptocurrencies

Cryptocurrencies are taking the developing world by storm, with more users now in Nigeria than in the US

submitted by /u/CryptoAddict420 [link] [comments]

Bank of England’s Deputy Governor: Cryptocurrencies Aren’t Big Enough to Pose Financial Stability Risk

Bank of England Deputy Governor Jon Cunliffe believes that cryptocurrencies are not big enough to pose financial stability risk. “They’re not of the size that they would cause financial stability risk, and they’re not connected deep...

U.S. Department of State's Rewards for Justice is offering upto $10 million of rewards in Bitcoin and cryptocurrencies.

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The true purpose of cryptocurrencies I feel like we forgot it.

The aim of cryptocurrencies never was to make people rich, but to give us an alternative solution to centralized and controlled money. This is the real way. Cryptocurrencies are not meant to be use in a speculative way but they are meant to give free...

Fed Chair Jerome Powell Says ‘You Wouldn’t Need Cryptocurrencies if You Had a Digital US Currency’

Federal Reserve Chairman Jerome Powell believes that there is no need for cryptocurrencies if there is a digital dollar. “I think that’s one of the stronger arguments in its favor,” he said. The Fed chair also insists that the U.S....

Fed Chair Jerome Powell says cryptocurrencies and stablecoins won't be needed once the US has a digital currency

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World’s Largest Asset Manager Blackrock Sees ‘Very Little’ Demand for Cryptocurrencies

The world’s largest asset manager with $9.5 trillion under management, Blackrock, sees “very little” demand for cryptocurrencies, including bitcoin, according to CEO Larry Fink. Blackrock’s CEO Talks About Crypto Demand Larry...

LOL: Powell says a Fed digital currency could undercut need for private cryptocurrencies. Nah, your shenanigans is the SOLE REASON for Cryptocurrencies to be born, and continue to gain value.

submitted by /u/Set1Less [link] [comments]

Busta Rhymes Talks Cryptocurrencies, Rappers Asks Fans if He Should ‘Buy In’

Trevor George Smith Jr., professionally as Busta Rhymes asked his 3.8 million followers on Twitter what they think about cryptocurrencies. Rhymes questioned if anyone was into crypto and how people were feeling about digital currencies at the moment....

Anonymous accuses Elon Musk of 'destroying lives' when talking about cryptocurrencies

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Powell says a Fed digital currency could undercut need for cryptocurrencies

submitted by /u/justinr85 [link] [comments]

South Korean Regulator Analyzing 578 Cryptocurrencies

South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chairman of the country&rsq...

Believe it or not, cryptocurrencies are not stored in crypto wallets.

The only things that are stored there are the private and public keys. The funds are recorded on the blockchain and can only be accessed by someone with the correct public and private key. Public keys are like bank account numbers, which are shared w...

How to obtain income by placing your cryptocurrencies in term by staking

Staking is the technique that allows investors and savers to obtain passive returns by depositing their cryptocurrencies. To do staking, all you have to do is deposit a cryptocurrency in an exchange that allows you to stake and wait to obtain rewards...

Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, CAKE, FTT

If Bitcoin price remains range-bound, altcoins like LUNA, ATOM, CAKE and FTT could continue to move higher over the coming week. Bitcoin (BTC) price is still range-bo...

CEO of Razer Considering Accepting Cryptocurrencies as Payment

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Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies

The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists th...

Thailand Sees Rising Adoption of Cryptocurrencies as Means of Payment — Warns of Risks

Bank of Thailand says a growing number of companies are asking for payments in cryptocurrencies, such as bitcoin and ether. The central bank reiterates its stance on crypto and warns of the risks of using them as a means of payment. The Bank of Thai...

Tiktok Bans Users From Promoting Cryptocurrencies

Tiktok has banned its users from promoting all financial products and services including those related to cryptocurrency. The company also prohibits ads relating to cryptocurrency. Tiktok Prohibits Users From Posting Content Promoting Cryptocurrencie...

TikTok Is Banning Influencers From Promoting Cryptocurrencies

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TikTok Influencers Banned from Promoting Cryptocurrencies

Wildly popular video-sharing app TikTok—which is partially responsible for the rise of meme cryptocurrencies like Dogecoin—has prohibited its users from promoting cryptocurrencies, The Daily Mail reports. Apart from crypto, a slew of other financial...

This Indian decor brand is accepting cryptocurrencies as payments

For now, The Rug Republic is using WazirX and Binance platforms for peer-to-peer transfer of crypto. It plans to develop an in-house payment system specifically for cryptocurrencies. Following in the footsteps of major global brands such as Paypal an...

11% of Central Bankers Consider ‘Cryptocurrencies Like Bitcoin’ Gold Alternatives: UBS Survey

A UBS survey finds that central bankers see benefits in investing in cryptocurrencies like bitcoin. 28% see benefits from cryptocurrency being an uncorrelated asset and “11% would consider it as an alternative to gold.” Central Bankers Se...

A great interview with Wesley Thysse (/u/DecentralizedLaw) on his r/CryptoCurrency post about looming globally coordinated regulation of cryptocurrencies, and how we can stop it

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Russia Plans To Impound Unlawfully Acquired Cryptocurrencies

The Russian prosecutor general allegedly reports that cryptocurrencies are being utilized for bribing. As a result, Russia introduced cryptocurrencies into its legal system and as a taxable value in 2020. The country has also banned its public offici...

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