Nexo’s new onboarding process follows FCA requirements, improving user risk awareness. The platform’s 10-month halt allowed for a full modify to meet UK regulatory standards. Nexo, a centralized cryptocurrency lender, has restarted client registrations in the United Kingdom after a 10-month halt. The delay was first triggered in December 2023 owing to changes in regulatory requirements. Nexo has now improved its operations to satisfy Financial Conduct Authority (FCA) compliance standards,...
Read More »India Holds Off on Cryptocurrency Regulation Amid Economic Uncertainty
India has no immediate plans to regulate cryptocurrency sales and purchases The government is assessing crypto risks and benefits, aiming for a policy by September 2024. The Ministry of Finance states that India does not currently have any plans to regulate Cryptocurrency transactions. GM Harish Balayogi, a member of the Lok Sabha, asked questions concerning the country’s laws governing virtual digital assets (VDAs). Pankaj Chaudhary, the Minister of State for Finance, responded in writing...
Read More »Litecoin’s Swift and Cost-Effective Transactions: A Game Changer in Cryptocurrency
Litecoin is a cryptocurrency that enables instant payments to anyone in the world and that can be efficiently mined with consumer-grade hardware. Litecoin, often referred to as the silver to Bitcoin’s gold, has established itself as a significant player in the cryptocurrency world. Its most notable features include the speed and cost-effectiveness of its transactions, which make it an appealing choice for users and businesses alike. One of the primary reasons for Litecoin’s...
Read More »Epoch Times CFO Bill Guan Charged for Allegedly Laundering $67 Million Worth Illicit Funds
Weidong Guan, who also goes by Bill Guan, was charged by the Department of Justice (DoJ) for participating in a scheme that laundered $67 million in illicitly obtained funds. The scheme depended on cryptocurrency and prepaid debit cards to funnel funds into Epoch Times’ bank accounts as well as Guan’s personal bank and crypto accounts. The Epoch Times is a global media platform catering to conservative audiences and is often known for bashing the Chinese government. However, the media outlet...
Read More »Bitstamp to introduce VCHF
New stablecoins VCHF and VEUR now on Bitstamp New stablecoins VCHF and VEUR now on Bitstamp: Say Hello to VCHF and VEUR!The popular Bitcoin exchange informs its customers. We’re continuously adapting and growing our offerings to meet the diverse needs of our customers. We’re excited to announce the addition of two new stablecoins: VCHF and VEUR, both issued on Stellar network. This choice reflects our commitment to providing stability and...
Read More »How to Create an Invoice Using the Bitcoin Lightning Network
Cash App adds Lightning as payment method. $cashtag The Bitcoin Lightning Network has revolutionized the way we transact with Bitcoin, offering a fast and cost-effective solution for handling microtransactions. One of the fundamental features of this network is the ability to create and share invoices for receiving payments. In this article, we’ll guide you through the steps of creating an invoice using the Bitcoin Lightning Network. What is a...
Read More »Crypto Shows Signs of Stability Ahead of US CPI Data Release
While Bitcoin maintains its stability amid inflationary concerns and economic data releases, other cryptocurrencies face a different fate. In recent months, the world has witnessed a significant degree of financial turbulence as it relates to dwindling crypto prices and concerning Consumer Price Index (CPI) data. One key aspect of this turbulence has been the seesawing prices of cryptocurrencies, a phenomenon that has left many investors and analysts speculating about the future of digital...
Read More »#1136 Axie Infinity Spieler Negativrekord & Shiba Inu Top Einsteiger Coin
1.) Axie Infinity’s Monthly Player Count Drops to Low Not Seen Since November 2020https://news.bitcoin.com/axie-infinitys-monthly-player-count-drops-to-low-not-seen-since-november-2020/ 2.) Shiba Inu Is The Most Popular Starter Crypto: Nansenhttps://cryptopotato.com/shiba-inu-is-the-most-popular-starter-crypto-nansen/ 📱Mein Telegram-Kanal für exklusive Infos, Memes und Funhttps://t.me/bitcoininformant Folge mir auf Twitter:http://www.twitter.com/denniskoray 📸Mein...
Read More »#1135 Bitcoin nochmal unter 20k, Genesis Insolvenz & Nexo 45 Mio SEC Settlement
1.) Bitcoin Might Fall Below $20,000 Before Bull Rally Resumes, Analyst Says https://newsbtc.com/analysis/btc/bitcoin-might-fall-below-20000/ 2.) Crypto lender Genesis files for Chapter 11 bankruptcy https://cointelegraph.com/news/crypto-lender-genesis-files-for-bankruptcy 3.) Nexo agrees to $45M settlement with SEC and states over earn product https://cointelegraph.com/news/nexo-agrees-to-45m-settlement-with-sec-and-nasaa-over-earn-product 📱Mein Telegram-Kanal für...
Read More »#1134 3AC Gründer GTX, Kevin O’Leary & SEC Krypto Ansturm beginnt erst
1.) 3AC-Gründer arbeiten an neuem Krypto-UnternehmenNach der Pleite von 3AC arbeiten die Gründer Zhu Shu und Kyle Davies zusammen mit CoinFlex an einem neuen Unternehmen (GTX). Es soll Gläubiger von insolventen Unternehmen entschädigen.https://www.btc-echo.de/schlagzeilen/3ac-gruender-arbeiten-an-neuem-krypto-unternehmen-158191/ 2.) ‚There will be many more zeros‘ — Kevin O’Leary on FTX-like collapses to comeThe Shark Tank star said all unregulated exchanges are seeing...
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