Kuwait's Capital Markets Authority (CMA) has announced a drastic move by issuing a circular establishing an outright ban on almost all cryptocurrency-related operations, including the use of Bitcoin and other virtual currencies in payments, investments, and mining.
The circular issued by the CMA…
Read More...
Browsing Tag
cryptocurrencies
Ethereum will surpass Bitcoin in the long term
The "Q2 2023 Signals Report" by Fidelity Digital Assets, which was published on July 18, presents an optimistic outlook for Ethereum both in the coming year and in the long term. Although the investment firm shows short-term bullish…
Binance begins to lose ground against the competition
Binance, the leading platform for buying and selling digital currencies, is experiencing a steady loss of ground against its main competitors, according to data provided by analytics firm Kaiko. This decline coincides with the rise of other…
Latin America at the forefront of CBDC adoption
Latin American and Caribbean countries are directing their economies towards the adoption of cryptocurrencies and CBDC, as an escape route from international sanctions, inflation, the devaluation of their official currency, among other…
The G20 asks to apply international regulation of crypto assets
The Financial Stability Board (FSB), which is a member of the G20 countries, urges all nations in the world to apply the international regulation of crypto assets and stablecoins that it recommends.
The FSB published its final…
The crypto community remains loyal to Twitter despite the launch of Threads
Despite the recent launch of Threads, the new social network from Meta Corporation, a large part of the cryptocurrency community remains loyal to Twitter.
According to NFT Gators, approximately 70 % of cryptocurrency companies have yet to…
Bitcoin has entered the colorful world of Minecraft blocks
Fans of one of the most popular and successful video games of all time now have the ability to earn Bitcoins while playing the game, thanks to a collaboration between Satlantis, a community-operated Bitcoin-themed Minecraft server, and…
Cryptocurrency scams fell 77 %
A recent report from Chainalysis revealed that cryptocurrency-related scams saw a significant decline compared to the same period last year. However, malicious actors continue to pose a threat.
According to Chainalysis' semi-annual report,…
Ron de Santis would ban CBDCs if he becomes president
Ron DeSantis, candidate for the presidency of the United States, reiterated his criticism of digital currencies issued by central banks (CBDCs), specifically opposing the possibility of implementing a digital dollar in the country.
During…
UK will apply new crypto regulation in October
The new regulations that will govern the trading of digital assets in the United Kingdom will come into force on October 8. The Financial Conduct Authority (FCA) has stressed that companies that do not adhere to the rules will face…
Increased interest of central banks around the world for digital currencies
Central bank digital currencies, or CBDCs, are attracting increasing interest from the world's central banks, according to a study by the Bank for International Settlements (BIS).
The study by the Swiss-based body was published on Monday.…
Accountants’ lack of interest in crypto raises concerns
Despite several new issues being examined in relation to cryptocurrency fraud, recent research reveals a general lack of interest on the part of accountants in honing their skills in this area.
The study, carried out by Recap, analyzed…