Cryptocurrency Exchanges

This is driving Dubai’s cryptocurrency market to do ‘fantastically well’

Source Node: https://ambcrypto.com/this-is-driving-dubais-cryptocurrency-market-to-do-fantastically-well/
Time Stamp: August 30, 2021 5:30 AM - Modified On: August 30, 2021 - Published By:
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Republished By Plato

Dubai and the larger UAE have long been touted as rising tech and innovation hubs, providing entry points into Asia and Middle Eastern markets. With exponential developmental growth in the past decades, Dubai is now considered one of the fastest-growing metropolitan areas in the world. It would then not be surprising for some to speculate that the country could also rise up as one of the leaders in the cryptocurrency space. In a recent interview, Bittrex Global CEO Stephen Stonberg opined that Dubai is well-poised to capitalize from the growing cryptocurrency

Blockchain Analytics Platform Antinalysis Suspends Service

Source Node: https://beincrypto.com/blockchain-analytics-platform-antinalysis-suspends-service/
Time Stamp: August 16, 2021 12:50 PM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

A service created to aid dark web users in uncovering compromised BTC addresses has been shut down after gaining the attention of state regulators. Sponsored Sponsored Antinalysis, a blockchain analytics tool that allows Bitcoin addresses to e checked to criminal activity has suspended operations. According to Elliptic, the tool allows cryptocurrency launderers to see if funds will be tagged as illegal funds by regulated exchanges before making a transaction.  Elliptic provides regulated cryptocurrency exchanges tools to check customers’ deposit links to any illegal or illicit activity they may be connected to.

JP Morgan and Its Bitcoin Trading Service to Face Stiff Competition from Cryptocurrency Exchanges

Source Node: https://coinidol.com/jp-morgan-bitcoin-trading/
Time Stamp: August 10, 2021 6:28 AM - Modified On: August 10, 2021 - Published By:
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Republished By Plato

Aug 10, 2021 at 10:28 // News JP Morgan is finally offering bitcoin investment options to its customers after years of aversion to crypto investing, and is reportedly promoting its bitcoin product to its retail customers. However, the bank should be prepared for competition from cryptocurrency exchanges and similar banks. Sceptic becomes a believer After JP Morgan Chase discovered the potential of cryptocurrencies, the bank added Bitcoin to the list of assets its clients can invest in. Everything JP Morgan is doing now in regards to Bitcoin has proven to

Longing Cardano: Does this move make sense

Source Node: https://ambcrypto.com/longing-cardano-does-this-move-make-sense/
Time Stamp: August 8, 2021 9:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market during the last bear market brings forth the fifth-ranked alt’s tendency of getting less affected by the larger market.  The speculations of ADA following Bitcoin and Ethereum have been around for quite some time. As a

Singapore Regulator Allows Crypto Exchange to Offer Digital Payment Token Services

Source Node: https://beincrypto.com/singapore-regulator-crypto-exchange-digital-payment-token-services/
Time Stamp: August 3, 2021 5:56 AM - Modified On: August 3, 2021 - Published By:
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Republished By Plato

Singapore has taken another step towards securing its position as the region’s fintech hub with the in-principal regulatory approval of digital token payment services for a crypto exchange.Sponsored Sponsored The Monetary Authority of Singapore (MAS) has granted an “in-principle approval” to cryptocurrency exchange Independent Reserve allowing it to operate as a regulated provider for digital payment token services. Singaporean financial regulators classify digital payment tokens as any “cryptographically-secured digital representation of value that is used or intended to be used as a medium of exchange.”Sponsored Sponsored According to Bloomberg, it

Race cars and earn cryptocurrency with Riot Racers

Source Node: https://ambcrypto.com/race-cars-and-earn-cryptocurrency-with-riot-racers/
Time Stamp: July 28, 2021 10:00 AM - Modified On: July 28, 2021 - Published By:
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Republished By Plato

The gaming industry has grown exponentially in the past few years, and the play-to-earn gaming model is leading the way with an innovative approach that puts the gamer in the driver’s seat. Play-to-earn is a relatively newer concept that allows players to own part of the game, earn cryptocurrency-backed tokens by playing, and later trade or exchange earned tokens for fiat on cryptocurrency exchanges. While the play-to-earn gaming industry has seen steady growth recently, many of the games have become too expensive to start playing, with the cost to play

Indian crypto investors may not be charged this tax

Source Node: https://ambcrypto.com/indian-crypto-investors-may-not-be-charged-this-tax/
Time Stamp: July 28, 2021 8:30 AM - Modified On: July 28, 2021 - Published By:
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Republished By Plato

India may not be charging a 2% equalization levy on crypto investors. Finance Minister of India, Nirmala Sitharaman was responding to a query by the deputy chief minister of the eastern state of Bihar about data concerning crypto exchanges and their investors in the country. Sitharaman noted that the current administration did not collect any such information. Earlier reports stated that the tax department was analyzing whether the equalization tax will be applicable on the purchase of digital assets from overseas exchanges. This was because the country has expanded the

China Situation Not as Bad, Bitcoin to Reclaim $60K In 2021: Interview with OKEx

Source Node: https://cryptopotato.com/china-situation-not-as-bad-bitcoin-to-reclaim-60k-in-2021-interview-with-okex/
Time Stamp: July 12, 2021 11:36 AM - Modified On: July 12, 2021 - Published By:
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CryptoPotato had the opportunity to host a discussion with Lennix Lai – the Financial Markets Director at OKEx. Established in 2017, OKEx is one of the leading cryptocurrency exchanges in the world by means of trading volume and is also a big player in China. We took the opportunity to discuss, first hand, what’s currently going on in the market from both a retail and institutional perspective, as well as what’s actually happening in China. [embedded content] $60K Bitcoin In 2021 After Bitcoin lost around 50% from its all-time high

The Effect of Coronavirus on the Cryptocurrency Market

Source Node: https://coinrabbit.io/blog/the-effect-of-coronavirus-on-the-cryptocurrency-market/
Time Stamp: December 30, 2020 5:58 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The year 2020, has been greatly eventful. From threats of a world war, to increased terrorist attacks. A biography on the life of the year 2020, would not only be a bestseller but also an excellent read. However the most significant single event of this year is and has been the coronavirus (COVID-19) pandemic, at its global takeover. From a regular virus, one that was once considered to be not worse than a cold flu, to transition into a global pandemic outbreak. The COVID-19 pandemic has affected every aspect of