Category Archives: Cryptocurrency News

Raul Pal: The economic crisis makes bitcoin more and more interesting for investment

The founder of Real Vision, a former CEO of Goldman Sachs, said that the macroeconomic environment is starting to look attractive for investing in cryptocurrencies. Raoul Pal says investor sentiment is in a state of extreme fear right now, and this could be a catalyst for growth for risky assets like bitcoin and altcoins: “The bearish trend and the situation in the global economy makes everyone think that the global collapse of the financial system…

Opinion: “Distrust of banks contributes to the adoption of bitcoin in the EU countries”

Julian Liniger, founder and CEO of bitcoin investment app Relai, said that since the 2008 financial crisis, people’s trust in the banking system has been greatly shaken. In his article, Julian Liniger cites a YouGov survey that found that the majority of Britons still trust traditional banks, with only 36% saying that financial institutions act in their own interest. Liniger believes that confidence in banks has declined due to persistent economic instability. “Bitcoin allows investors…

OSC: More than 30% of Canadians plan to buy cryptocurrency by 2024

According to the Ontario Securities Commission, more than 30% of Canadians plan to buy crypto assets in the near future, and the regulator sees no need to counter their intentions. Speaking to the Economic Club of Canada, Ontario Securities Commission (OSC) director Grant Vingoe revealed that more than 30% of Canadians plan to buy crypto assets by 2024. According to Wingow, this reflects the significant potential inherent in blockchain technology. Wingow noted that the widespread…

The European Union agreed on a bill on crypto asset markets

Representatives of the governments of the EU member states signed the text of the Bill on Crypto Asset Markets (MiCA). Now the bill must be approved by the European Parliament. The MiCA includes rules that apply to issuers of fiat crypto assets, issuers of stablecoins, and trading and custodial platforms. According to the document, virtual asset service providers must comply with rules aimed at protecting users and be liable in case of loss of investor…

The European Parliament voted to change the taxation of the crypto industry

EU legislators supported the use of blockchain to identify tax evaders and tax the withdrawal of cryptocurrencies into fiat. European legislators at the plenary meeting during the discussion of the report of the European Parliament member Lydia Pereira (Lídia Pereira) tried to determine in which case transactions with cryptocurrencies should be taxed. And we came to the conclusion that it is advisable to do this at the stage of converting digital assets into fiat currency.…

SEC accuses Kim Kardashian of illegal advertising of EthereumMax cryptocurrency

The American reality TV star must pay a fine of more than a million dollars, as well as stop advertising products of cryptocurrency companies. The US Securities and Exchange Commission (SEC) has filed charges against American actress Kim Kardashian, saying the star promoted the EthereumMax (EMAX) token last year. According to the SEC, Kardashian did not disclose the $250,000 payment she received for the promotional post on Instagram. In the post, the actress posted instructions…

Robert Kiyosaki: “Dollar strength provides a great opportunity to buy bitcoins”

Robert Kiyosaki, author of the bestselling book Rich Dad Poor Dad, said that the strength of the dollar gives everyone a great chance to buy gold, silver and bitcoins. Robert Kiyosaki expects “safe assets”, including bitcoin, to continue to decline amid a strengthening US dollar and higher base rates. And it will be a great opportunity to invest in these assets. And when the base rates begin to decline, the rate of bitcoin and other…

Spanish telecommunications giant Telefonica has connected cryptocurrency payments

The largest telecommunications company in Spain, Telefonica, has entered into an agreement with the local exchange Bit2Me, under which the Tu.com marketplace will be able to make payments in cryptocurrencies. Tu.com focuses on the sale of high-tech products such as smartphones, tablets, laptops and electric scooters. Now site users will be able to pay for purchases using digital assets. Telefonica also invested in the largest Spanish exchange Bit2Me, but the amount of investments has not…

CFTC plans to tighten controls on retail crypto investors

Commissioner for the U.S. Commodity Futures Trading Commission (CFTC) Caroline Pham has proposed the creation of a unit to oversee investments in cryptocurrencies by individuals. According to Caroline Pham, the “Retail Legal Department” will be able to implement and expand the Commission’s aspirations for greater oversight of the cryptocurrency markets. Areas of the financial system that are beyond the control of supervisory authorities, such as the “shadow” crypto industry, also need to be regulated. Pham…

Greece ranked sixth in the number of installed crypto ATMs in the EU

Despite the low awareness of citizens about cryptocurrency and blockchain, Greece ranked sixth in terms of the number of installed crypto ATMs in the EU – now 64 devices are located in the country. Basically, cryptomats are concentrated in the capital of Greece, Athens and the second largest city of Thessaloniki. Greek ATM operator BCash has also placed several of its devices on the country’s popular islands of Mykonos, Santorini and Crete. Director and co-founder…