Thursday, May 19, 2022

crypto news

The People’s Bank of China joins cross border CBDC pilot.

According to the CNBC report, central banks from China, Thailand, United Arab Emirates, and Hong Kong are exploring a CBDC cross-border payment project together....

South Korea will implement a 20% tax on Bitcoin and crypto starting 2022.

South Korea will implement a 20% tax on Bitcoin and cryptocurrency profits starting January 1, 2022. The nation’s Ministry of Economic and Finance announced...

A UK-based private jet charter company made 20% of the revenue from bitcoin payments.

The narrative that bitcoin is rarely used for payment transactions has been debunked by several fields recently. Apart from Swiss residents being able to...

Elon Musk says the price of Bitcoin and Ethereum “seem high.”

Billionaire Elon Musk said the price of Bitcoin and Ethereum "seem high" as the cryptocurrencies reached new all-time highs. Tesla CEO replied to a...

Austrian regulators call for more strict crypto regulations as crypto-related scams surge.

According to a Bloomberg report of Friday, Austria's Financial Market Authority has unveiled that more than 60% of all reported financial fraud in the country involve...

Portuguese energy firm to start accepting bitcoin as payment for electricity.

Luzboa, a small energy trading company in Portugal, will soon start accepting Bitcoin as payment for electricity. The company's president Pedro Morais Leitão announced the news...

The first BTC ETF in North America begins trading in Toronto.

According to the Bloomberg report, the first exchange-traded fund tracking Bitcoin in North America begins trading in Toronto on Thursday, which is considered a...

PayBito exchange announces to delist XRP in the light of SEC lawsuit against Ripple.

The PayBito exchange, which processed $1.1 billion worth of trades in 24 hours leading up to the time of publication, will suspend all XRP trading pairs,...

Bitcoin miners are only selling a small fraction of the BTC they are earning.

On-chain data analyzed by Glassnode has shown that the majority of bitcoin miners are only selling a small fraction of the Bitcoin they are...

The crypto market cap jumps over $1.5 trillion, crosses Australia’s GDP.

The cryptocurrency market jumped above $1.5 trillion today after the recent rally in Bitcoin and Ethereum. The market of digital assets is now more...

International payment giant Visa considers adding crypto to its network.

According to the Russia Today report, international payment giant Visa is considering allowing its cardholders to buy and sell cryptocurrencies in countries where it...

Former SNL star and famous stand-up comedian Norm Macdonald is a bitcoin hodler.

The recent bitcoin frenzy has brought mainstream exposure to the crypto industry, and several well-known celebrities around the world have been shilling for bitcoin....

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