China’s central bank has sent notice to the country’s financial institutions instructing them to stop dealing with cryptocurrency transactions. The disclosure notes that the People’s Bank of China (PBOC) aims to protect Chinese citizens and “combat the speculation of Bitcoin and other virtual currency transactions.” PBOC Tells Banks to Stop Dealing With Crypto Exchanges and…
Nigeria’s use of multiple exchange rates regimes may have contributed to a rise in the country’s inflation rate, the latest World Bank report has said. In addition, the report says ongoing restrictions on the use and movement of foreign exchange are “further pushing up prices of food and agricultural inputs like fertilizer.” Misaligned Exchange Rates…
As Signature Bank expands its commercial banking offerings, the trueusd stablecoin has been integrated with its Signet blockchain-based digital payment platform to deliver instant dollar payments. Signet Integration to Deliver 24/7 Dollar Payment and Settlement As more enterprises flirt with the idea of blockchain-based products and services, stablecoins are one of the areas of fascination…
When you could lose 30% of your investment in a single day, stress seems unavoidable. This one-of-a-kind asset necessitates one-of-a-kind fortitude. Yoga comes to your rescue! Read More and Learn Poses to De-Stress
The Narcotics Control Bureau Mumbai Zone nabbed Makarand P Adivirkar, a Mumbai resident, for allegedly facilitating the purchase of drugs in Bitcoin. According to NCB Mumbai officials, Adivirkar, also known as “Crypto King,” used to take commissions from those who wanted to convert their money into Bitcoin and then buy LSDs (a hallucinogenic drug) and…
The pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has published his “worst case scenario for 2021” predictions on social media on Sunday. The analyst says there’s also a “more fundamental reason” to why bitcoin prices have been dropping in June and how the month of July may see “weakness” as…
