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Adoption of Crypto by South American Countries and Implications for Gambling

Source Node: https://themerkle.com/adoption-of-crypto-by-south-american-countries-and-implications-for-gambling/
Time Stamp: August 28, 2021 1:36 PM - Modified On: August 28, 2021 - Published By:
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Republished By Plato

South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country

Spain: Here are the latest regulatory requirements for crypto-exchanges

Source Node: https://ambcrypto.com/spain-here-are-the-latest-regulatory-requirements-for-crypto-exchanges/
Time Stamp: August 27, 2021 2:30 PM - Modified On: August 27, 2021 - Published By:
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Republished By Plato

Spain’s central bank is all set to roll out the new registration process for crypto-exchanges by September-October. Exchanges, along with crypto-asset custody platforms and wallets, will be required to register with authorities in order to comply with legal requirements. This, the institution believes, will address transparency and terrorism financing issues. The aforementioned steps are mandated by the Prevention of Money Laundering and Financing of Terrorism Law. It was passed by the Spanish parliament last year. Subsequently, this provision was included in Royal Decree-Law 7/2021. It gives a period of six

Why DACH could be the key to injecting $657B into cryptocurrencies

Source Node: https://ambcrypto.com/why-dach-could-be-the-key-to-injecting-657b-in-cryptocurrencies/
Time Stamp: August 5, 2021 8:00 AM - Modified On: August 5, 2021 - Published By:
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Republished By Plato

Regulatory uncertainty and restrictions have been a bane for the crypto-space for a while. However, in a way, they have also ushered in greater adoption. Consider this – Between $100 billion and $657 billion could flow into the crypto-market from the DACH region within the next three years, a new survey has found. How? Well, all thanks to the region’s changing regulatory landscape. DACH to the rescue 70 investment funds in Germany (D), Austria (A), and Switzerland (CH) were surveyed in the report by Russia’s Mindsmith. According to the same,

Mitsubishi Power Introduces Global Network of “TOMONI HUBs” with Artificial Intelligence to Protect Power Generation and Energy Storage Assets

Source Node: https://www.jcnnewswire.com/pressrelease/68455/3/
Time Stamp: August 3, 2021 6:18 AM - Modified On: August 3, 2021 - Published By:
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YOKOHAMA, Japan, Aug 3, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, is introducing a global network of TOMONI HUBs that use artificial intelligence to provide real-time, cyber-secure interactive support of plant operation and maintenance (O&M) decision making. TOMONI HUBs include connected software, hardware and services that provide pre-warning of impending issues or needed corrective action to avoid unit trips or load reductions, eliminate energy efficiency losses, and avoid unnecessary maintenance.The global network includes TOMONI HUBs in Takasago and Nagasaki, Japan; Orlando, Florida,

Bitcoin and Gold Short-Lived Correlation Not a Sign of Comparability

Source Node: https://cointelegraph.com/news/bitcoin-and-gold-short-lived-correlation-not-a-sign-of-comparability
Time Stamp: August 18, 2020 10:30 AM - Modified On: May 21, 2021 - Published By:
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The Bitcoin (BTC) and gold one-month correlation reached a record high of 68% as Bitcoin hit $12,000 early in August, but the correlation crashed by 20% the following week. Despite this, Bitcoin looks set to become digital gold in 2020 considering the price correlations and trends in the futures market.Both gold and Bitcoin are having a phenomenal year in terms of year-to-date returns. According to Skew Analytics, gold has a 27.93% YTD return, while Bitcoin has racked up a 71.68% YTD yield. Although Bitcoin sees much higher volatility than gold,