Binance CEO Changpeng “CZ” Zhao posted an open letter outlining Binance’s plans regarding the current crypto regulatory landscape, which followed the rise of the global regulation pressure on Binance. “Binance has grown very quickly and we haven’t always got everything exactly right, but we are learning and improving every day,” Zhao said in a blog…
China’s central bank deputy governor said the bank is “quite worried” about risks from private digital currencies, particularly so-called stablecoins, such as Tether, while China is testing its own digital yuan. According to CNBC translation, Fan Yifei of the People’s Bank of China (PBOC) has voiced concern that digital currencies pegged to a fiat currency…
Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…
The Kazakhstan authority has introduced a new law regarding cryptocurrency mining taxation. The officials published a statement saying that the signed law is expected to come into effect in January 2022 and to generate billions of tenge to the national budget. Kazakhstan joins Iran in taxing the mining industry, given the lucrative potential for business….
The Financial Crimes Enforcement Network (FinCEN) has hired Michele Korver, previously of the Digital Currency Council in the U.S. Department of Justice, to serve as the agency’s first chief digital currency adviser (DCA). Korver, who has been involved in crypto-related Anti-Money Laundering (AML) operations since 2013, will advise FinCEN acting director Michael Mosier regarding cryptocurrency’s…
Alex Mashinsky, Celsius Network CEO and #63 in The Cointelegraph Top 100, suggested that Ether has already started “flippening” Bitcoin by market capitalization. In an interview with Kitco News on Monday, he said that Ethereum has already overtaken Bitcoin based on the US dollar value of holdings in Celsius’s network of over a million users….
Choosing the right cryptocurrency exchange is crucial to your success as a trader or an investor, writes Hassan Maishera on FX Empire. The following criteria will help you to know what to look for in a cryptocurrency trading platform. Most people consider investing or trading in Bitcoin and other cryptocurrencies as intimidating. This is because…
Finding a good job in the growing cryptocurrency sector may be very easy if you have the proper skills. As the crypto job shortage remains, while investment banks such as J.P. Morgan and leading firms outside of the financial sector seek out prominent talent, job seekers are the rulers right now. Neil Dundon, the founder…
The Coin Bureau head might change his mind about Shiba Inu (SHIB), the Dogecoin (DOGE) copycat currency. According to Coin Bureau, the crypto asset surged 47,387,400% this year and might become a dark horse in the Ethereum ecosystem. In a new strategy video dedicated only to Shiba Inu, the Coin Bureau host, also known as…
As cryptocurrencies remain a major source of investment, it still remains major questions about how to secure investors’ funds. That’s why an expert explained to the Deseret News how to avoid cryptocurrency scams. Some people in the US have suffered from cryptocurrency scams, which continue to hold many investors from diving into the crypto sector….