The bank advised the Blockchain Association of Uganda (BAU) to sharpen up its knowledge of the sandbox regulations, inviting its members along to further technical discussions. The Bank of Uganda is open to the idea of cryptocurrency businesses participating in its Regulatory Sandbox, inviting members of the Blockchain Association of Uganda (BAU) to share their...Continue Reading
“The volatility is not that bad” – Australia’s Gold Coast Mayor suggests crypto could be used to pay local taxes in the future. Tom Tate, the Mayor of Gold Coast, Australia, has suggested that cryptocurrency could be used by residents to pay local taxes in future years, though critics have flagged volatility and the recent...Continue Reading
“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s minister of economy and labor, Jason Hayward. The Bermuda government is pushing on with its ambitious plans to become a cryptocurrency hub despite the massive...Continue Reading
Nearly half of the consumers who reported a cryptocurrency-related scam in 2021 said it started with an ad, post or message on social media. The United States Federal Trade Commission has labeled social media and crypto a “combustible combination for fraud,” with nearly half of all crypto-related scams originating from social media platforms in 2021. ...Continue Reading
Like with any kind of property, law enforcement has the right to sell your coins and spend the money. Earlier this year, during during the annual Queen’s Speech in the United Kingdom, Prince Charles informed the Parliament about two bills. One of them — the Economic Crime and Corporate Transparency Bill — would expand the...Continue Reading
BTC appears to be in the early stage of a recovery this week, and ADA, XLM, XMR and MANA could follow. The bears are trying to extend Bitcoin’s (BTC) record of nine consecutive red weekly candles to ten weeks, but the bulls are trying to avert this negative occurrence. Although sentiment remains negative, Arthur Hayes,...Continue Reading
A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead. Ethereum’s native token Ether (ETH) has dropped more than half of its value in 2022 in dollar terms, while also losing value against Bitcoin (BTC), and now remains pinned below $2,000 for several reasons. What’s more, ETH price could face even...Continue Reading
It’s touch-and-go for BTC bulls this Sunday with a tenth red weekly candle still at stake. Bitcoin (BTC) kept traders guessing into the June 5 weekly close as BTC price action closely mimicked last weekend. BTC/USD 1-week candle chart (Bitstamp). Source: TradingView BTC price traders $300 in the gree Data from Cointelegraph Markets Pro and...Continue Reading
Who accepts Bitcoin as payment? Read about the companies that accept BTC as a payment method. How do you use Bitcoin? Buying and selling Bitcoin is not that hard. It all depends on a good crypto exchange and your online security measures. Now you know what stores accept Bitcoin. But, what you may not know...Continue Reading
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Nikki Farb an active investor and advisor to technology companies who is currently a venture partner at Headline,...Continue Reading
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