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Tag: Ban

Growth in Illicit Crypto Finance ‘Inevitable’: CipherTrace

As the crypto ecosystem grows, so too will bad actors’ use of cryptocurrencies, argues the blockchain analytics firm.

Could Turkey’s ban on cryptocurrencies be bullish news?

The ban on cryptocurrency payments in Turkey can be perceived as bullish, in the…

The post Could Turkey’s ban on cryptocurrencies be bullish news? appeared first on Coin Journal.

The Cryptocurrency Industry in Nigeria Is Booming Despite Scams and Regulatory Uncertainty

The digital currency sector in Nigeria has been growing rapidly. Despite numerous scams and a lack of clear regulations, cryptos attract Nigerians with high profit potential.

“Bitcoin 2021 &Beyond” Webinar Highlights It’s A Perfect Storm for Higher Bitcoin Prices

On April 15th, we had an insightful webinar with several Bitcoin experts including Mike McGlone, Senior Commodity Specialist for Bloomberg…

China’s Central Bank Looking to Regulate Bitcoin as an Investment Vehicle 

generic china bitcoin illo
generic china bitcoin illoHigh ranking officials of the People’s Bank of China (PBOC) have hinted that the apex bank is looking for ways to regulate bitcoin (BTC) as an investment vehicle, as they have major roles to play in the future, according to a Weixin report on April 18, 2021. China May Soften Harsh Stance Towards Bitcoin (BTC) 
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China Changes Stance On Bitcoin, Now Sees It As ‘Investment Alternative’

China Changes Stance On Bitcoin, Now Sees It As 'Investment Alternative'
After four years of banning the issuance and trading of cryptocurrencies, the People’s Bank of China seems to be changing its stance. This follows comments made by the deputy governor of the Central Bank of China, Li Bo who described Bitcoin as an investment alternative. Cryptocurrency regulation in China would be a huge win for […]

This crypto-in a-suit bull market will NOT end like the two previous bull markets.

We are in the crypto-in a-suit bull market, epitomised by Coinbase going public and joining the Fintech 50 Index last week. A suit is...

China ‘endorses’ BTC investment: 5 things to watch in Bitcoin this week

A rare seal of approval from the People's Bank of China comes as Bitcoin recovers from a price crash which sent it to $52,000.

People’s Bank of China Gov: Crypto is An “Investment Option,” Not “Currency”

The newly-appointed Governor of PBoC seems to be taking a more crypto-friendly stance than his predecessor.

PBoC vice governor says China regards crypto assets as investment alternatives

Until the PBoC figures out what it needs to ensure these assets don't create serious financial risk, it will maintain the regulatory status quo.

The post PBoC vice governor says China regards crypto assets as investment alternatives appeared first on The Block.

Bitcoin Flash Crashed to $51K,Triggering a $9.32B Liquidation – What’s Next?

After Bitcoin fell below the previous support level of $60,103 yesterday, it plummeted from $60K to around $51K, incurring a loss of around...

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