Tag: Cryptocurrency
Bitcoin and Cryptocurrency Warning From IMF!
An article published today by the IMF shared the effects and challenges of cryptocurrencies on financial stability. In the article, it was emphasized that the regulation of this area is…
Fed/Powell: We Have No Intention to Ban the Use of Cryptocurrency
Fed Chairman Jerome Powell clarified a statement he made in July, stating that they have no intention of banning the use of cryptocurrencies. Powell spoke about the work of digital…
Bafin files criminal charges against data center operators
Ethereum farm in Romania The production of cryptocurrencies is lucrative, but energy and computationally intensive. (Photo: Bloomberg) Frankfurt The financial supervisory authority Bafin has filed a criminal complaint against the…
City of Miami Earns $7.1M from City’s Cryptocurrency
The City of Miami has generated millions of dollars since it started working with CityCoins, an open-source cryptocurrency platform. MiamiCoin, the first token of the CityCoins project using the Stacks…
Cryptocurrency Advice from Elon Musk to Governments
Speaking about cryptocurrencies at the CodeCon conference, Elon Musk stated that cryptocurrencies cannot be destroyed. Stating that the spread of these investment tools can only be slowed down, Musk said…
Cryptocurrency Statement from the President of the US Federal Reserve
Jerome Powell, Chairman of the US Federal Reserve (FED), made a remarkable statement regarding cryptocurrencies. Stating that they have no intention of banning cryptocurrencies, Powell stated that the problem is…
Fundstrat: These Potential Developments Could Boost the Cryptocurrency Market
The fact that Bitcoin is now 33% behind the record level does not scare Fundstrat, and the firm remains confident that both Bitcoin and Ethereum will reach record highs before…
Cryptocurrency Exchange Bitfinex Temporarily Suspends Trading
Cryptocurrency exchange Bitfinex has decided to temporarily stop trading due to a problem with the platform. In a statement made by the company at 10:43 am Turkey time, “We are…
New Cryptocurrency Statement from China: Will the Pressure Continue?
China, which brings a new ban on the crypto money industry almost every month, actually causes the industry to be seriously affected by this. The main goal of China, which…
Tesla CEO Elon Musk Evaluates China’s Cryptocurrency Ban
Recently, global regulators have been trying to dominate the cryptocurrency markets. As a current example of this situation, China’s central bank recently declared all cryptocurrency-related transactions illegal, saying that crypto…
Leading Cryptocurrency Exchange Pays $1.25 Million Penalties to Regulators!
The Commodity Futures Trading Commission (CFTC) on Tuesday ordered crypto exchange Kraken to pay a $1.25 million fine for illegally offering certain products. The agency said Kraken was fined for…
Switzerland’s First Cryptocurrency Fund Approved
FINMA, which oversees Switzerland’s financial markets, has approved for the first time a fund that will mainly invest in cryptocurrencies. Crypto Market Index Fund mutual fund, mainly regulated by Swiss…
Last minute! Elon Musk Evaluates China’s Bitcoin and Cryptocurrency Bans!
China, which has hit the crypto money markets, has responded from Elon Musk. Speaking in a program he attended, Musk stated that cryptocurrencies were essentially born as a reaction to…
Deputy Minister of Treasury and Finance: Cryptocurrency Destruction will be Minimized
Şakir Ercan Gül, Deputy Minister of Treasury and Finance, said that a distinction should be made between digital currencies, which are equivalent, and cryptocurrencies, “who is behind it is unknown”.…
Europe Becomes the Most Active Cryptocurrency Economy! Institutions’ Interest in Ethereum Highlighted!
Increasing investment and interest in Bitcoin and digital assets has led research companies to work in this field. According to the latest survey conducted by the research company Chainalysis, which…
Cryptocurrency Exchange Employees Restricted Transactions in South Korea
People working in cryptocurrency exchanges in South Korea will not be able to trade on the exchange they work on. In the Decree on the Notification and Use of Defined…
Payments Giant Is Launching Its Own Cryptocurrency: Is Airdrop Coming?
UK-based payments company Revolut has started to develop its interest in the cryptocurrency industry with steps focused on finally turning it into a real product. According to two sources close…
Indonesia Is Not Following In The Footsteps Of China Banning Cryptocurrency Transactions
The Indonesian government, unlike the Chinese government, has no plans to completely ban cryptocurrency transactions in the country. According to Beritasatu’s report, Indonesia’s crypto money policies will not follow China’s…
Latest Situation in Cryptocurrency Market: BTC, XRP and ADA Analysis
The cryptocurrency market has started to gather strength again in the last 48 hours, and the leading cryptocurrency has seen $ 44,000, although not for a long time. Although the…
The crypto industry is preparing for a trial of strength with regulators
Representation of crypto coins Denver China and the US are vying for control of the $ 2 trillion crypto market. Beijing announced new, severe restrictions on trading digital currencies on…