Netanyahu floats Crypto to bypass sanctions
Netanyahu floats Crypto to bypass sanctions
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Netanyahu floats Crypto to bypass sanctions
A cryptocurrency trading platform on Hong Kong and Canadian regulators’ alert lists has opened an office in the city, prompting experts to urge closer scrutiny of how such firms promote themselves without undermining an open business environment. Experts told the South China Morning Post that inclusion on a regulator’s alert list did not necessarily mean a company had broken the law. But they urged authorities to step up oversight of how such firms marketed regulated financial products. Polar...
Bitcoin ended the week almost unchanged at US$81,629 and ether at US$2,404, as crypto kept tracking falls in US technology shares. The post Bitcoin Steadies at US$81,629 as Ether Edges Up | Crypto Wrap, Oct 23 appeared first on The Rio Times.
Some of the most prominent early investors in Bitcoin are squaring off again. This time they are seeking to capitalize on a massive rally in the year’s standout major cryptocurrency.
The broader cryptocurrency market may be flagging, but newer corners of the industry are surging, fueled by an expanding regulatory framework and growing demand for hyper-speculative investments.
While Hong Kong is betting on its established banking network to bring stablecoins into mainstream finance, Singapore is seeking to make regulated digital currencies easier to use. Both approaches reflect different priorities in the race to build global cryptocurrency centres: Hong Kong is linking stablecoins to its existing financial system, while Singapore is looking to strengthen the infrastructure for circulating and settling tokenised assets. Analysts said the ultimate test would be whether...
Bitcoin closed at US$82,046 on Friday 16 October, down 0.61% on the week, while Coinbase fell 5.79% and Strategy 9.56% in a tech selloff. The post Bitcoin Slips 0.6% on the Week to US$82,046 | Crypto, Oct 16 appeared first on The Rio Times.
From currency brokers to crypto, Iranians find ways to circumvent sanctions, but each comes with its own problems.
Bitcoin closed Friday at US$82,123, down 2.8% on the week, while ether lost 6.8% to US$2,488 as oil, rate fears and Iran tensions weighed. The post Bitcoin Ends Week 2.8% Lower at US$82,123; Ether Falls 6.8% | Crypto, Oct 9 appeared first on The Rio Times.
Strategy Inc. returned to profitability for the first time in four quarters after registering an unrealized gain from an increase in the value of its Bitcoin holdings during the late summer’s rally in the cryptocurrency.