El Salvador Faces Serious Financial Consequences As Cryptocurrency Market Tumbles | savior

El Salvador Faces Serious Financial Consequences As Cryptocurrency Market Tumbles |  savior

As the cryptocurrency market continues to slide into recession, El Salvador, which made bitcoin legal in September, is now facing financial repercussions. This new cryptocurrency winter is putting pressure on the country’s financial health, which has seen the value of its digital assets halve. The harder the fall, the harder it will be … In … Read more

Panic or wisdom? This popular cryptocurrency investment firm sells all of its Bitcoin and Ethereum!

Facebook Twitter Messenger Whatsapp LinkedIn Canadian investment firm Cypherpunk Holdings (HODL) dumped all of its holdings in bitcoin and ether to address current market risks. The company sold 205,8209 ether (ETH), Ethereum’s native token, for 293,000 Canadian dollars (227,000 dollars) and 214,7203 bitcoin (BTC) for approximately 6.09 million Canadian dollars (4.7 million dollars). Proceeds from … Read more

Crypto.com removes Dogecoin, Shiba Inu, and more from the earning program

Crypto.com removed altcoins on Monday 15, including the infamous Dogecoin (DOGE) and Shiba Inu (SHIB), from its Crypto Earn program. A review of the Earnings program at crypto.com In a bear market, cryptocurrency exchange Crypto.com claimed it was removing Crypto Earn from its program memecoin such as Shiba Inu (SHIB) and Dogecoin (DOGE). In addition … Read more

Swiss watchmaker Breitling now accepts Bitcoin (BTC) and other cryptocurrencies

After Tag Heuer and Hublot, it’s the Swiss watchmaker Breitling’s turn to accept cryptocurrency payments via BitPay. A logical next step for the company, which in 2020 adopted Arianee’s blockchain solution to ensure the authenticity of its watches. https://cryptoast.fr/horloger-suisse-breitling-accepte-bitcoin-btc-cryptomoines/ Breitling accepts Bitcoin, Ether and other cryptocurrencies The Swiss luxury watchmaker Breitling now he allows his … Read more

Russia is developing a new payment tool to replace Swift: “The proposed solution is quite credible”

Sanctioned, isolated and cornered in the aftermath of the war in Ukraine, Russia continues to multiply its tricks to stay on course. It has also just announced the creation of a parallel system to that of the Swift platform, from which many Russian banks have been excluded since March, to ensure secure international payments. The … Read more

Uzbekistan is developing regulations for cryptocurrency mining.

the NAPP of Uzbekistan has drawn up regulations on the registration of minors from crypto. The decree exempts all mining assets from taxation and prohibits the extraction of anonymous currency. Furthermore, only companies that use solar energy can mine cryptocurrencies. Conditions for minor companies The National Agency for Future Projects (NAPP) Uzbekistan has established requirements … Read more