Crypto Updates – Page 28 – WORLD CRYPTO BUSINESS

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

[ad_1] During the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second... Read more »

Singapore’s Central Bank, DBS, JPMorgan Collaborate to Explore Uses of Digital Assets, Defi

[ad_1] The Monetary Authority of Singapore (MAS) has partnered with major banks and financial services companies to explore the uses of asset tokenization and decentralized finance (defi). DBS Bank and JPMorgan will... Read more »

Singapore’s Deputy Prime Minister Advises Retail Investors to Steer Clear of Cryptocurrencies

[ad_1] Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns... Read more »

Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1

[ad_1] The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity... Read more »

Bank of America CEO: We Have Hundreds of Blockchain Patents — But Regulation Won’t Allow Us to Engage in Crypto

[ad_1] The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. “The reality is that we can’t... Read more »

Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report

[ad_1] Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. New Turkish Crypto Legislation Underway Turkey... Read more »

Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’

[ad_1] India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital... Read more »

Chamber of Representatives in Paraguay Advances Crypto Bill

[ad_1] Cryptocurrency regulation in Paraguay is progressing steadily, as a crypto bill introduced in December has been approved by the Chamber of Representatives in the country. The bill, which contains definitions and... Read more »

Binance Obtains Regulatory Approval to Offer Crypto Products in Italy

[ad_1] Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of... Read more »

Provision Allowing Cryptocurrency Payments in Foreign Trade Added to Russian Bill

[ad_1] A proposal to permit companies to use cryptocurrency in cross-border settlements has made its way to a draft law designed to regulate Russia’s crypto space this year. According to a press... Read more »