Crypto

betterment

Betterment’s CEO stated that the company is still not ready to provide crypto services.

Betterment, a major financial advisory firm that offers robo-advice and cash management services, has yet to decide whether to add cryptocurrencies to its platform. Betterment CEO Sarah Levy stated that the company is still investigating the possibility of expanding its services to include digital assets such as Bitcoin (BTC). “We’re believers that if we can […]

Argentina's Central Bank issued a directive to banks: Give us data on crypto transactions

Argentina’s Central Bank issued a directive to banks: Give us data on crypto transactions

The Argentinian central bank has requested data on transactions conducted by customers it believes are trading in cryptocurrency, with yet another global government reportedly preparing to regulate its crypto users. According to Infobae, Argentina’s central bank, the Banco Central de la Repblica Argentina (BCRA), has also requested data from fintech companies, a move that “many […]

Elon Musk says, "I have not sold any of my Bitcoin."

Elon Musk says, “I have not sold any of my Bitcoin.”

Despite his company, Tesla making profits from its recent Bitcoin purchases, billionaire entrepreneur Elon Musk has taken to Twitter to reassure the crypto community that he has not sold any of his personal BTC stashes. Musk’s remarks came in response to comedian Dave Portnoy’s claims that the Tesla CEO profited from a Bitcoin pump and […]

‘Alarm' rings as crypto trading outpaces the South Korean stock market

‘Alarm’ rings as crypto trading outpaces the South Korean stock market

For the first time in South Korean history, crypto trading volumes have outperformed stock market activity, with crypto trading growing at an alarming rate, according to some. Crypto trading volume figures peaked at USD 21.5 billion per day on April 15, according to Yonhap and Segye Ilbo, as well as Kyunghyang Shinmun. In March, the […]

Japanese regulator issued warning to teenagers who will soon be able to buy crypto

Japanese regulator issued warning to teenagers who will soon be able to buy crypto

After new legislation is set to effectively lower the crypto age of consent to 18, Japan’s top financial regulator. The Financial Services Agency (FSA), has issued a warning to younger citizens about the potential risks associated with crypto investment. In 2018, the Japanese Diet approved a legal amendment to the country’s Civil Code that lowers […]

digital ruble

Russia intends to use the digital ruble to power its USD Purge

The politician in charge of drafting Russia’s crypto regulation legislation. And formulating the country’s financial policy has spoken out about the need to eliminate the US dollar from the economy. Referring to the upcoming digital ruble as a “higher form of money.” Anatoly Aksakov, the Chairman of the Parliamentary Committee on Financial Markets. And also […]

cbn

Governor says, Nigeria’s central bank is not discouraging people from trading crypto

Nigeria’s central bank governor, Godwin Emefiele, has reportedly clarified the bank’s position on the use of cryptocurrencies in the country. Which had previously prohibited banks from servicing crypto exchanges. According to local news outlet TodayNG, CBN deputy governor Adamu Lamtek said on behalf of Emefiele. That the bank had not banned Nigerian residents from buying, […]

fraudsters

In China, crypto and digital yuan fraudsters are causing havoc

As bitcoin (BTC) prices rise and the rollout of the Chinese central bank digital currency (CBDC) approaches, Chinese media outlets are reporting a sharp increase in bogus crypto, blockchain, and digital yuan-related schemes in the country. According to reports from JRJ and the National Business Daily, unsuspecting investors are putting up as much as USD […]

cryptocurrency, HODLing causes relationship problems? Redditors share their personal experiences

HODLing causes relationship problems? Redditors share their personal experiences

Relationships have reportedly been strained as a result of cryptocurrency investments, leading to breakups and even divorce. According to a February 2015 Reddit post, a then 28-year-old woman using a disposable account claimed that she was furious with her husband because he had not stopped buying Bitcoin (BTC) without consulting her since 2013. She estimated […]