Crypto Payments Firm TripleA Granted MAS License

Crypto Payments, TripleA, Monetary Authority Singapore License

Asian cryptocurrency payments company TripleA is the first standard payment institution to secure a digital payment token license from the Monetary Authority of Singapore (MAS), the country’s central bank, according to a company announcement Tuesday (Nov. 30). TripleA’s cryptocurrency license allows the firm to offer end-to-end cryptocurrency payment services for businesses, including crypto payments, crypto … Read more

Crypto: 7 On Your Side Investigates currency and confusion

Crypto: 7 On Your Side Investigates currency and confusion

NEW YORK CITY (WABC) — It’s called cryptocurrency: Mayor-elect Eric Adams wants to get paid in it, and he wants it taught in schools.But what is it? And what should you watch out for?Some stores in New York City are accepting cryptocurrency as payment, and there are Bitcoin ATMs throughout the area that turns cash … Read more

Jack Dorsey chases crypto, fintech dream post Twitter

Jack Dorsey chases crypto, fintech dream post Twitter

Jack Dorsey, co-founder of Twitter and fintech firm Square, sits for a portrait during an interview with Reuters in London, Britain, June 11, 2019. REUTERS/Toby MelvilleRegister now for FREE unlimited access to reuters.comRegisterNov 30 (Reuters) – At a packed Miami conference in June, Jack Dorsey, mused in front of thousands of attendees about where his … Read more

Facebook’s top crypto executive David Marcus is leaving the company – TechCrunch

Facebook’s top crypto executive David Marcus is leaving the company – TechCrunch

Facebook parent company Meta is losing its top crypto executive later this year. David Marcus who leads crypto unit Novi and previously helmed the company’s Messenger unit, announced Tuesday that he will be leaving the company later this year. Marcus joined Facebook in 2014. His departure marks another major exit from a long-time Facebook executive … Read more

Controlling the crypto genie – The Hindu

Controlling the crypto genie - The Hindu

Cryptocurrencies cannot be controlled unless all nations work together, which is unfortunately a remote possibility Elon Musk may be the real crypto piper, for cryptocurrencies dance to his tunes. Crypto prices shot up when Tesla announced that it has invested $1.5 billion in Bitcoin and when Mr. Musk said that Tesla would accept Bitcoin as … Read more

The metaverse is a massive opportunity for crypto that calls for new platforms and tokens, Bank of America strategist says | Currency News | Financial and Business News

An art exhibit depicting the metaverse.

Viewers take in the art installation “Machine Hallucinations – Space: Metaverse” by Refik Anadol.Tyrone Siu/Reuters The metaverse is a massive opportunity for the crypto space, according to a Bank of America strategist. BofA’s Haim Israel predicted that cryptocurrencies will finally be used widely for transactions in virtual worlds. He said crypto-based platforms will need developing, … Read more

Crypto’s impact on sanctions: Are regulators’ concerns justified?

Crypto's impact on sanctions: Are regulators' concerns justified?

The use of cryptocurrencies to evade international sanctions from various international governmental organizations like the United Nations (UN), the International Monetary Fund (IMF) and the World Bank, among others, has been a concern for regulators ever since the creation of cryptocurrencies.The rapidly increasing adoption of digital currencies in the last two years makes this discussion … Read more

New exchange-traded crypto funds launching in Canada today will be 1st to pay monthly yield

New exchange-traded crypto funds launching in Canada today will be 1st to pay monthly yield

A Toronto-based money manager that launched the world’s first bitcoin exchange-traded fund (ETF) earlier this year is unveiling three new funds on the TSX Tuesday that will be the first crypto assets trading on stock markets that will pay out a monthly yield. The new funds from Purpose Investments target investors looking to put their money into the … Read more

Crypto Exchange Backed By Peter Thiel And Richard Li Goes Live For Institutional Clients

Crypto Exchange Backed By Peter Thiel And Richard Li Goes Live For Institutional Clients

Brendan Blumer of Block.one speaks at the Digital Life Design (DLD) conference in Munich, Germany, … [+] on January 21, 2018. Matthias Balk/picture alliance via Getty Images Bullish, a blockchain-based cryptocurrency exchange, officially began operating on Tuesday for an inaugural batch of institutional investors, marking an important milestone that paves the way for a full … Read more

Why Emerging Markets Are Early Adopters of Crypto as Legal Tender

Why Emerging Markets Are Early Adopters of Crypto as Legal Tender

By Lourdes S. Casanova, Gail and Rob Cañizares Director, and John Ninia, Cornell class of 2022 and Research Assistant, Emerging Markets Institute, Cornell University       This article was originally published in the Autumn/November 2021 edition of International Banker   As the use of cryptocurrencies such as bitcoin continues to grow, emerging markets seem … Read more

S.Korea set to delay crypto taxation by one year to begin in 2023

S.Korea set to delay crypto taxation by one year to begin in 2023

SEOUL, Nov 30 (Reuters) – South Korea’s finance ministry said on Tuesday the National Assembly passed a bill on pushing back the planned taxation of capital gains from cryptocurrency trading by one year.Once the bill receives approval at the plenary session, the country will begin imposing 20% capital gains tax on any annual gains of … Read more

Ex-Fin Secy who Drafted Bill

Ex-Fin Secy who Drafted Bill

With the winter session of the Parliament officially kick-starting, I sat down with Subhash Garg, the former finance secretary who drafted the Crypto Bill to understand what has changed from 2019 to now. The description of the listed bill – The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 said that all private cryptocurrencies … Read more

Fed Chair Jerome Powell Could ‘Slow Crypto Down’ in His Second Term, Warns Billionaire Mike Novogratz – Economics Bitcoin News

Fed Chair Jerome Powell Could 'Slow Crypto Down' in His Second Term, Warns Billionaire Mike Novogratz

Billionaire investor Mike Novogratz has cautioned that Federal Reserve Chairman Jerome Powell could slow down the crypto market in his second term in office. Commenting on his renomination, Novogratz said Powell could “act more like a central banker than a guy that wants to be reappointed.” How Jerome Powell’s Second Term as Fed Chair Could … Read more

Singapore-based TripleA gets MAS licence to provide crypto payment services, Companies & Markets News & Top Stories

Singapore-based TripleA gets MAS licence to provide crypto payment services, Companies & Markets News & Top Stories

SINGAPORE – Cryptocurrency payments provider TripleA has secured a licence from the Monetary Authority of Singapore (MAS) to offer digital payment token services in Singapore.The licence will allow the company to provide end-to-end cryptocurrency payment services for businesses, including crypto payments gateway for e-commerce, crypto payouts and crypto remittances. Please subscribe or log in to … Read more

Best of BS Opinion: Risks in crypto-assets, challenge for Akasa and more

Illustration

There are risks in crypto-assets and aviation. And the government opted for the less risky path. Uddalok Bhattacharya sums up K P Krishnan: Given the characteristics of crypto-assets, regulators ought to build capacity in their technological and economic aspects. Read it here Mahesh Vyas: The announcement on repealing the farm laws did not make any … Read more

Advisors, Do Crypto ETFs Belong in Qualified Retirement Accounts?

Advisors, Do Crypto ETFs Belong in Qualified Retirement Accounts?

For financial advisors, client questions about holding cryptocurrency exchange-traded funds in retirement accounts may be on the horizon — if… For financial advisors, client questions about holding cryptocurrency exchange-traded funds in retirement accounts may be on the horizon — if they haven’t started yet. The October debut of the ProShares Bitcoin Strategy ETF (ticker: BITO) … Read more

Key data points suggest the crypto market’s short-term correction is over

Key data points suggest the crypto market’s short-term correction is over

The performance of cryptocurrencies in the past seven days might have seemed slightly unexciting, especially since the total market capitalization increased by “only” 1.8% to reach $2.7 trillion. However, even with the muted price action, some altcoins managed a decent rally. Bitcoin (BTC), on the other hand, was down 6% until Nov. 28, but it … Read more

Bitcoin rebounds, Kimbal Musk DAO, Omicron token

Bitcoin rebounds, Kimbal Musk DAO, Omicron token

After a sell-off last week, bitcoin and other top cryptocurrencies by market value began to rebound on Monday.Though it fell as low as $53,549 after stocks and other riskier assets declined over fears regarding the new coronavirus variant, bitcoin topped $58,000 on Monday afternoon, according to Coin Metrics. It’s now trading at around $58,546.Here are … Read more

Federal Bank Regulators Focus on Crypto Assets and Blockchain Activities | Ballard Spahr LLP

Federal Bank Regulators Focus on Crypto Assets and Blockchain Activities | Ballard Spahr LLP

Agencies Issue “Crypto Asset Roadmap” for 2022 Guidance, and OCC Confirms Prior Interpretive Letters on Crypto – So Long as Supervisory Regulators Do Not Object The Board of Governors of the Federal Reserve System (“Federal Reserve”), the Federal Deposit Insurance Corporation (“FDIC”) and the Office of the Comptroller of the Currency (“OCC”) (collectively, the “Agencies”) … Read more

JPMorgan CEO Jamie Dimon continues throwing shade on crypto

JPMorgan CEO Jamie Dimon continues throwing shade on crypto

JPMorgan Chase & Co. CEO Jamie Dimon said he remains a skeptic on cryptocurrencies, just a few weeks after he described bitcoin as worthless. “Cryptocurrency has no intrinsic value,” Dimon said in an in interview Wednesday with CBS Boston, as reported by Bitcoin.com. “You are basically buying a token.” “.. there’s so much speculation taking … Read more

Welcome to Decentraland, the metaverse world with its own crypto where ‘land’ is worth millions

Welcome to Decentraland, the metaverse world with its own crypto where 'land' is worth millions

If you thought the metaverse was conjured into existence when Mark Zuckerberg announced that Meta was building the “next version of the Internet,” then it may surprise you to learn the metaverse is already an existing, thriving ecosystem – complete with a booming property market.In recent days, a plot of “land” sold for €2.1 million … Read more

Crypto exchange Binance reopens dogecoin withdrawals after Elon Musk’s spat with CEO

A representation of cryptocurrency Dogecoin is seen in this illustration (REUTERS)

Cryptocurrency exchange Binance has fully opened withdrawals of Dogecoin after a technical glitch that spurred a heated back-and-forth between Elon Musk and the cryptocurrency exchange’s Chief Executive Officer (CEO). Traders were unable to withdraw Dogecoin for more than two weeks because of problems related to a network upgrade. The world’s biggest crypto exchange said that … Read more

The 5 best Bitcoin wallets and crypto wallets of 2021

The 5 best Bitcoin wallets and crypto wallets of 2021

(Pocket-lint) – If you’re interested in buying and storing Bitcoin or another cryptocurrency, you may be looking for the best Bitcoin wallet. For this purpose, you will need an investment app that supports cryptocurrency trading, and you will also need a “wallet” to store and secure your key code for gaining access to your assets.Bitcoin … Read more

Cryptocurrency Bill 2021 Live Updates: Crypto & Official Digital Currency Bill To be Introduced in Parliament Winter Session

Financial Express - Business News, Stock Market News

Modi Govt to introduce Cryptocurrency Bill 2021 in Parliament during Winter Session. Cryptocurrency Bill 2021 in Parliament Live Updates: The Central Government is set to introduce the much-awaited The Cryptocurrency and Regulation of Official Digital Currency Bill 2021 in Parliament during the ongoing Winter Session, starting today. The Crypto industry is awaiting a positive regulation … Read more

Letter: Miami’s mayor could offer London lessons on crypto

Letter: Miami’s mayor could offer London lessons on crypto

I am 15 years old and doing my first year of GCSEs at Highgate School. Your article entitled “Miami gains profit but lacks control with bet on crypto” (Opinion, FT Weekend, November 20) would have been far better if it had lauded Francis Suarez, Miami’s mayor, as forward thinking and attempted to understand the bet … Read more

Crypto exchanges see their new sign-ups dip amid uncertainty

Crypto exchanges see their new sign-ups dip amid uncertainty

Mumbai: There has been a dip in new sign-ups on cryptocurrency exchanges, as prospective investors seem to be hedging their bets till regulatory clarity emerges on the asset class. New user sign-ups are a matrix used to value crypto companies. Investors have become jittery after the government decided to introduce the Cryptocurrency and Regulation of … Read more

Where to buy and sell the most popular crypto assets

Where to buy and sell the most popular crypto assets

It’s no surprise that bitcoin (BTC) remains the most popular cryptocurrency for South Africans on the OVEX exchange, but its market share is steadily being eaten by some surprising newcomers. “Bitcoin and Ether (ETH) are still the most popular on the OVEX over-the-counter (OTC) desk, which is to be expected as these are the two … Read more

Refer Friends to #Binance and Earn Some Crypto for Your Efforts. – Latest Tweet by Binance Coin

Refer Friends to #Binance and Earn Some Crypto for Your Efforts. - Latest Tweet by Binance Coin

Refer friends to #Binance and earn some crypto for your efforts. 👉 https://t.co/Px5CKqPMWD pic.twitter.com/nlFQSh3zsj— Binance (@binance) November 28, 2021(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user’s social media account and LatestLY Staff may … Read more

Meet India’s crypto investors | India News,The Indian Express

Meet India’s crypto investors | India News,The Indian Express

Investor from Delhi It was in 2018 that Akshat Gupta first decided to invest in the highly valued cryptocurrency. By then, the currency had been in existence for nine years, and the first transaction where two pizzas were bought in Florida in exchange for 10,000 BTC was eight years old. “A few friends of mine … Read more

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand – Bitcoin News

Crypto Stamp Crashes Swiss Post’s Online Store With Launch Day Demand

Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop all at once on the day the innovative offering was made available. Demand for First Crypto Stamp Overwhelms Swiss Post’s Online Store … Read more

Is It Smart To Invest In Crypto Before A 401(k) Or IRA?

Is It Smart To Invest In Crypto Before A 401(k) Or IRA?

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We may receive a commission when you click on links for products from our affiliate partners.Many investors are pouring their cash into crypto — with the youngest segment making up the majority.A recent survey by Select and Dynata … Read more

S’pore-based crypto exchange Coinstore enters India despite pending curbs, Banking News & Top Stories

S'pore-based crypto exchange Coinstore enters India despite pending curbs, Banking News & Top Stories

MUMBAI (REUTERS) – Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the Indian government is preparing legislation to effectively bar most private cryptocurrencies. Coinstore has launched its web and app platform and plans for branches in Bangalore, New Delhi and Mumbai, which will act as its base in India … Read more

Crypto Resource DappRadar to Launch Own Governance Token

Crypto Resource DappRadar to Launch Own Governance Token

DappRadar – a popular dApp discovery and analysis platform – recently confirmed plans for a platform-native token called RADAR. It is intended to help DappRadar decentralize its future operations. RADAR Token The company revealed the RADAR token at an event in the crypto VR game Somnium Space earlier this week. According to a statement seen … Read more

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds – Bitcoin News

Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds

With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged. Russians Among Most Active Crypto Users, Central Bank Admits … Read more

Litecoin and an Ethereum Rival Outperformed Bitcoin-Based Investment Products in November, According to Crypto Data Firm

Litecoin and an Ethereum Rival Outperformed Bitcoin-Based Investment Products in November, According to Crypto Data Firm

Bitcoin (BTC)-based investment products are facing strong competition from altcoin-based products, according to cryptocurrency data company CryptoCompare. The crypto data firm says in a new report that the investment products based on Litecoin (LTC) and smart contract blockchain Solana (SOL) had better returns than those based on BTC over the 30-day period leading to November … Read more

India will have to align crypto action with latest FATF norms

India will have to align crypto action with latest FATF norms

NEW DELHI: As Parliament moves to debate and discuss regulation or ban of cryptocurrencies and crypto exchanges in parliament from next week, India might have to keep in mind that new global norms are being set on the permission and management of cryptocurrencies, particularly given that money laundering and financing of terrorism would become very … Read more

Guy Explains Why You Should Avoid Crypto Mining Pool Scams On Twitter

Guy Explains Why You Should Avoid Crypto Mining Pool Scams On Twitter

Cryptocurrency is the pool where investors are of the belief that by taking a dive in it, they can make big bucks effortlessly, tempting more and more people to try their hands with crypto investments. But its fluctuating nature has shown us how deadly it can truly be. ReutersAlso Read: Crypto Scammers Target iPhone Users On … Read more

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days – Defi Bitcoin News

Despite Crypto Market Rout, Total Value Locked in Cross-Chain Bridges Jumps 9% in 30 Days – Defi Bitcoin News

30 days ago on October 28, the total value locked (TVL) in cross-chain bridges to Ethereum was around $22.48 billion and in the face of the recent market dump, the TVL still increased by 9.56%. At the time of writing, there are 135,148 unique depositors and Axie Infinity’s Ronin Bridge holds the largest TVL. Cross-Chain … Read more

Crypto cash | India News,The Indian Express

cryptocurrencies, cryptocurrency, cryptocurrency news, Bitcoin, Digital Currency Bill, Crypto India, Blockchain, Squid Game, Cryptocurrency and Regulation of Official Digital Currency Bill, ICC T20 World Cup, CoinDCX, CoinSwitch, Shaktikanta Das, RBI news, Indian economy, Indian Express, India, current affairs

The government’s plan for a Bill to act against private cryptocurrencies has reopened the debate on the fast-moving, highly volatile sector, where policy has so far failed to catch up with technology. The Sunday Express meets a range of stakeholders — from investors to coin exchange players and the government — on what could be … Read more

‘We never advocated crypto as legal tender… but this tech is solving real world problems’: Co-chair of BACC & Founder-CEO of CoinSwitch Kuber

‘We never advocated crypto as legal tender... but this tech is solving real world problems’: Co-chair of BACC & Founder-CEO of CoinSwitch Kuber

As the government gets closer to opening the curtains on its Bill to regulate cryptocurrencies, the crypto exchange industry hopes for a balance between protection of India’s financial stability and the innovation possible from the blockchain technology. Ashish Singhal, co-chair of Blockchain and Crypto Assets Council (BACC) and Founder & CEO of CoinSwitch Kuber, told … Read more

We the Crypto People Seek a Constitution

We the Crypto People Seek a Constitution

A dozen or so friends from the Internet gathered recently at Sotheby’s in Manhattan to buy a first printing of the U.S. Constitution (estimated value: fifteen to twenty million dollars). The group, who called themselves ConstitutionDAO, had just spent a week raising millions of dollars on Twitter, TikTok, and Discord from anonymous screen names: recent immigrants, … Read more

The path to crypto adoption

The path to crypto adoption

Nonfungible tokens (NFTs) are evolving from a niche interest to a mainstream conversation. The variety of NFT art — from cuddly to edgy to menacing — is drawing in a new audience of enthusiasts. Beyond the art, NFTs are providing a glimpse into a new layer of social interaction.When framed as micro-social networks, NFTs could … Read more