American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control. In a now typical for the US move, the signal initially…
Bahrain’s Rain Management, the first licensed crypto-asset service provider in the Middle East, announced the appointment of Talal Al Zain as the newest board member. Bringing over 35 years of experience in banking and financial services internationally, his wealth of knowledge in international finance has asserted him as a business leader throughout the region. Commenting…
The quantity of Bitcoin held by private corporations increased significantly during 2021, compared to the previous year. The amount of BTC held by public companies has gained significant market share since February 2021. On Monday, on-chain analyst Willy Woo tweeted that public companies holding “significant BTC have gained market share from spot ETFs as a…
James Ledbetter, the editor and publisher of the fintech newsletter FIN and the former editor-in-chief of Inc, collected the top 6 crypto predictions for 2022. 2021 was a wild year for cryptocurrency. Despite Bitcoin’s recent plunge, for example, its price has still risen by more than 70% in the past 52 weeks. More important, Bitcoin…
Twitter founder and Square CEO Jack Dorsey announced the creation and presented technical documentation of a new type of decentralized exchange. It is a fascinating project definitely worth paying attention to. Jack Dorsey, the creator of Twitter, co-founder and CEO of payment company Square, is a frequent guest on our pages. More than once have…
On Saturday, Central Goods and Services Tax (CGST) Mumbai Zone detected massive evasion of around 700 million rupees during the crackdown on cryptocurrency service provider – WazirX. A local media report has confirmed that major cryptocurrency service providers are under investigation in India on suspicion of possible tax evasion. According to NTDV, the director-general GST…