El Salvador First Country To Accept Bitcoin As Legal Tender
The last several days have been a whirlwind in El Salvador for Bitcoin. It started with the announcement from the President of El Salvador, Nayib Bukele at the Bitcoin 2021 conference in Miami. During the conference he made a monumental
Indonesia Closer To Launching CBDC
The Central Bank of Indonesia is edging closer towards launching a digital fiat. This move comes amidst efforts by the country to minimize cash transactions. The Bank of Indonesia will be joining the other global central banks that have made an
U.S. Discussing New Crypto Regulations
Governments worldwide have been looking into ways of regulating the crypto market. The U.S. has been lagging behind other countries when it comes to cryptocurrency regulations. Some of the other countries who have been talking heavily about regulations include Turkey,
GameStop Announces Launch of NFT Platform
GameStop is moving towards the NFT sector. The gaming platform has unveiled a roadmap that will launch a non-fungible token through its web portal. GameStop has now revealed that it is working on an NFT project on Ethereum (ETH) blockchain. According
NFT Boom With Holographic NFTs and More
According to Sean Williams, a digital artist, Mark Zuckerberg wants to launch an NFT marketplace on Instagram. The artist posted this to his 12,000 followers on Twitter on May 18, stating that the social media brand has invited him and other
Saxo Bank Launches Crypto Derivatives Trading
Saxo Bank is extending its reach to the crypto trading sector. Crypto trading on a retail basis will now be available to clients based in Australia and Singapore. Saxo Markets, the digital investing division of Saxo Bank, has announced it will
Elon Musk Impersonators Making Millions From Crypto Scams
Crypto scammers are now impersonating Elon Musk and other renowned crypto enthusiasts to defraud naïve crypto traders. Beginner crypto traders have lost millions of dollars from such scammers. The Federal Trade Commission of the United States has revealed details about crypto
Argentina Orders Crypto Exchanges To File Monthly Reports
Crypto users in Argentina are now under more scrutiny by authorities regarding crypto holdings. This comes as the country fights to protect its monetary value. Argentina is working towards enhancing its regulatory framework to gain more control of financial processes related
Binance and OKEx List SHIB After 2100% Gains
The Shiba Inu coin, also popularly known as the Dogecoin Killer, has registered a 2100% gain in three days. The crypto’s market cap increased to $13 Billion to become the 17th largest crypto globally. Crypto investors are shifting into SHIB after
Indonesia Planning To Tax Crypto Returns
Indonesia plans on introducing a new crypto law that will start taxing profits realized from crypto trades. However, the law is yet to be implemented. Indonesia is the largest economy in the Southeast Asia region. The country recently announced that plans