Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlaws in china, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown … Read more

“Credit Card-Holders in US Developed Hunger for Crypto Rewards”, Reveals A Review

There is a huge variety of prepaid cards in the US which offer rewards to the users in the form of digital currencies. In the past 3 years, the use of such crypto rewarding cards has increased outrageously. This has led the electronic payment giants such as Visa, Master as well as PayPal to provide … Read more

House Committee Has Finally Approved Cryptocurrency Tax Provisions

The tax portion of the amended reconciliation package of about $3.5 trillion has been approved by the House-of-Representatives-committee, which is committed to ensuring the revenue. On Wednesday, voting has been cast by the “Ways-and-Means-Committee” for the “Budget-Committee” to transmit the draft. The voting resulted in a 24-19 ratio, and the only member who broke party … Read more

Indian Crypto Exchanges Are Rolling Out Crypto Giveaways And Marketing Campaigns To Lure Investors

To make the celebrations for the holiday term in India, the exchanges of cryptocurrency are pursuing to attract retail traders by initiating intense marketing campaigns as well as delivering a lot of crypto as gifts. Intended for the current year’s season of Hindu holidays, which commenced on 10th September, the exchanges of cryptocurrency are persuading … Read more

Local Crypto Investors In China Still Buying Cryptocurrencies

Even though crypto transactions are now outlawed in China, some Chinese crypto investors are still holding on to their digital assets. When Bloomberg interviewed some of these investors, they agreed that the announcement gave them the impetus to increase their crypto holdings. The Drive To Hold More Ballet Global’s CEO, Bobby Lee, said, “the clampdown … Read more

Opposition to Nomination of Saule Omarova as Head of OCC Gathers Momentum

President of the United States, Joe Biden, is reportedly planning to nominate Saule Omarova for the position of the Office of the Comptroller of the Currency (OCC). Saule Omarova is known as a strong critic of cryptocurrency and the banking system. Hence, her nomination has raised concerns and resistance is already forming against the news … Read more

No Blanket Ban on Crypto – Indonesian Regulatory Authorities

In line with existing laws, regulatory bodies in Indonesia have pledged not to impose a blanket ban on cryptocurrencies. According to Minister of Trade in Indonesia, Muhammad Luthfi, the Indonesian government will not be outlawing crypto assets. However, purchases with cryptocurrencies will not be accepted in the country. Minister Luthfi revealed that the government is … Read more