Month: February 2021

The Securities and Exchange Commission of Thailand has launched a public consultation on proposed cryptocurrency investor qualification rules. According to an official announcement Thursday, the Thai SEC is now seeking public comments on proposed qualifications for crypto investors including certain income and trading experience requirements. As part of the initiative, the Thai SEC is planning
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India’s largest cryptocurrency exchange, Unocoin, has adopted the blockchain-based Unstoppable Domains, which simplifies crypto transactions by turning blockchain addresses into human-readable web URLs. Announced on Wednesday, the partnership between Unocoin and Unstoppable Domains — both funded by Silicon Valley investor Tim Draper — is expected to reduce remittance costs and simplify the transaction process for
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Federal Reserve chair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding the digital dollar. In a House Financial Services Committee hearing today, Powell responded to questions from Representative Patrick McHenry, who said the digital dollar would likely face national and economic security issues for the United
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💰 BlockFi: Up To $250 Bitcoin Bonus: https://blockfi.com/cryptonewsalerts 🏆 Swan BTC: (Get $10 Free) https://www.swanbitcoin.com/cryptonewsalerts 🔶 Bybit: ($200 Free) http://bybit.cryptonewsalerts.net Financial services outfit Square just announced it has picked up more Bitcoin (BTC). Square “has purchased approximately 3,318 bitcoin at an aggregate purchase price of $170 million,” the company said in a public statement on
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Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin. Calling the cryptocurrency “speculation of the highest order,” the billionaire investor stated that he will never buy bitcoin. Billionaire Rakesh Jhunjhunwala Thinks Indian Government Should Ban Bitcoin Rakesh Jhunjhunwala believes that the Indian government should
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The price of Bitcoin (BTC) quickly recovered from around $44,800 to over $50,000 within merely 22 hours.  Behind the rapid recovery are three major factors, including low funding rates, Square’s $170 million Bitcoin purchase, and the spot market stabilizing. Bitcoin futures funding rates substantially drop Across major futures exchanges, including Binance, Bybit and Bitfinex, the
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Hester Peirce, the commissioner for the U.S. Securities and Exchange Commission known by the nickname “Crypto Mom,” welcomes the challenge of regulating decentralized finance. In a speech for a George Washington University Law School event on the digital economy, Peirce said decentralized finance, or DeFi, could be the alternative legacy financial system many are seeking
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Having recently suspended its planned crypto regulations in the wake of the central bank ban, Nigeria’s Securities and Exchange Commission has clarified its position on cryptocurrencies in the country. According to a report by Premium Times, both the SEC and the Central Bank of Nigeria will work collaboratively on devising a concrete regulatory framework for
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On February 22, 2021, an author published a post on substack.com about an anonymous Twitter account that may have belonged to the mysterious Satoshi Nakamoto. The researcher discovered a Twitter account dubbed ‘Goldlover,’ and found some interesting coincidences with the account’s tweets and Bitcoin’s creator. The Curious Goldlover Tweets An author called Varun published an
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Bitcoin (BTC) fell below $50,000 on Feb. 22 as a correction gathered pace at Wall Street’s opening to deliver 20% daily losses prior to a strong response from the bulls.  BTC/USD 1-hour candle chart (Bitstamp). Source: Tradingview Bitcoin loses $6,000 in minutes Data from Cointelegraph Markets and TradingView shows BTC/USD falling heavily during Monday trading, hitting
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