The Russian central bank has stepped up in its campaign against cryptocurrency investments in the country ahead of a possible ban, according to a Reuters report. Valeriy Lyakh, head of the country’s central bank department for countering market misconduct, said in a video that investment in cryptocurrencies was an “out-and-out swindle” and a “financial pyramid” while…
Russian Central Bank Official Says It ‘Does Not Support’ Circulation of Cryptocurrency in Country as Potential Ban Looms
Robinhood Adds Crypto Gift Capability to Platform: Now You Can Send Bitcoin, Doge Presents
Robinhood Markets, Inc. has announced a gifting option just in time for the holidays that has the potential to “keep on giving.” What Happened: Robinhood customers will be able to customize and send a crypto gift to friends and family from the trading app beginning Dec. 22, the company announced in a Thursday blog post. This…
Cryptocurrency Now in the Sights of Australian Regulators
December 16, 2021
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AustraliabanksbitcoinBusiness & EconomycryptocryptocurrencycyberdebankingEthereumillicit marketjosh frydenbergTechTech NewsWorld
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The Australian government has given an ear to the cryptocurrency industry and appointed a new committee that will oversee the development of long called for regulation in the sector which is worth trillions of dollars globally. More than 800,000 Australians have already made crypto transactions over the last three years—a figure growing at an accelerated…
Melania Trump Launches New Blockchain Venture, Releases First NFT
Former first lady Melania Trump has ventured into the non-fungible token (NFT) realm, releasing her first token and launching a new platform that will roll out NFTs regularly, with some of the proceeds going to help children in the foster care community. Called “Melania’s Vision,” the first NFT featured on the new platform is a…
Melania Trump Starts Blockchain Venture, Releases First NFT
Former First Lady Melania Trump has ventured into the non-fungible token (NFT) realm, releasing her first token and starting a new platform that will roll out NFTs regularly, with some of the proceeds going to help children in the foster care community. Called “Melania’s Vision,” the first NFT featured on the new platform is a…
Stablecoins Steal the Limelight From Subdued Bitcoin
As bitcoin, the world’s largest cryptocurrency, struggles to recover after a massive crash, regulatory, and private sector focus has turned to another part of the digital currency world: stablecoins. The past week saw Meta Platforms Inc. pilot its stablecoin payments wallet, while the world’s largest payments processor Visa launched a crypto advisory service and said…
Microsoft Leads $27 Million Early-Stage Funding in Crypto Startup Palm NFT Studio
Crypto startup Palm NFT Studio said on Thursday it had raised $27 million in an early-stage funding round led by Microsoft Corp’s venture fund M12 with participation from venture firm Griffin Gaming Partners. Palm NFT, co-founded by Joseph Lubin, offers services for artists to establish NFT marketplaces. Lubin was also one of the co-founders of…
Possibility of an Official Australian Digital Currency in the Future: RBA
December 8, 2021
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AustraliaBusiness & Economycryptocurrencydigital currencydigital walletphilip loweReserve Bank of AustraliaWorld
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Philip Lowe, governor of the Reserve Bank of Australia (RBA), has flagged the possibility of a central bank-backed form of digital currency in the future and welcomed the federal government announcement to overhaul the payments system. In an address to the Australian Payments Network Summit on Dec. 9, Lowe discussed the rising popularity of electronic…
Visa Launches Global Cryptocurrency Advisory Services
Visa is launching a new global network of consultants and product experts providing advisory services to help its clients navigate and understand the world of cryptocurrencies, the company announced Wednesday. The digital payments company revealed in a statement that it is launching its “Global Crypto Advisory Practice” at a time when “digital currencies are taking greater hold…
NTD Business Full Broadcast (Dec. 8)
Drugmaker Pfizer says that data shows three doses of its vaccine are enough to take on the new variant of the CCP (Chinese Communist Party) virus, which causes the disease COVID-19. Crypto leaders ascend on Capitol Hill, making their case that digital currencies should be here to stay. How did it go? Live shopping events are gaining…
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