Regulation

Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up

Top Crypto Prices Today – BTC, ETH Decline; DOGE, SHIB Move Up

The crypto market exhibited lower prices on Monday. That followed geopolitical tensions from Ukraine and Russia and investors' concerns about the continuing inflationary pressure. Russian military proceedings suggest an imminent invasion. The Crypto market saw trading volumes halving because of high volatility. Besides Dogecoin and Shiba Inu, top digital assets traded low on Monday. DOGE and SHIB recorded marginal increases, while Solana and XRP lost up to 5%. As BTC had its price meandering within the past few days, the dominant crypto by market cap has recorded modest under-radar recoveries from the wintertime collapse. Meanwhile, the recent downswing had the…
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Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry

Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry

Ripple (XRP) has been among the top daily gainers. That comes amid bullishness that had the global crypto market cap surging past $2 trillion once more. XRP changes hands around $0.90 following a 20% upsurge within the past 24 hours, its market cap standing at $42.9 billion. The latest upward move had the remittance crypto flipping Solana and Cardano, preparing for a massive uptick to enter the sought-after top-5 crypto pack. Santiment, a data provider, reports that Ripple's latest price climb came as the project recorded growth in daily active wallets. It stated that XRP gained 37% over the past…
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Crypto.com (CRO) on a 20% Weekly Loss as UK Advertising Watchdog Bans Two Ads

Crypto.com (CRO) on a 20% Weekly Loss as UK Advertising Watchdog Bans Two Ads

com's price lost 4% within the last 24 hours and more than 20% in one week amid news of a ban. Advertising Standard Authority in the UK has banned two Crypto.com ads, deeming them irresponsible and misleading. Experts forecast further drops in CRO price as the alt prints lower lows. Crypto.com (CRO) price encountered plunges within the last week. The alternative toke has recorded losses in four successive weeks. Meanwhile, UK advertising regulators banned two advertisements by the exchange. CRO Responds to Advert Ban with Price Plunge The UK advertising regulator ASA (Advertising Standards Authority) banned two crypto ads from…
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Reserve Bank of India Declares Crypto as an Instrument of “Fraud” & “Consumers’ Nightmare”

Reserve Bank of India Declares Crypto as an Instrument of “Fraud” & “Consumers’ Nightmare”

Reserve Bank of India (RBI) had never lent out any sort of recognition nor any support to digital currencies ever, however, it has been continuously discouraging Indian to beware of them because they are instruments of “fraud” and “consumers’ nightmare”. It recently shared the same point of view when RBI said that engaging with cryptocurrencies may lead to consumers’ nightmares and expose them to risks of fraud and extreme volatility. The Financial Stability Report has recently been compiled and made public by the Reserve Bank of India (RBI). The report is comprehensive in nature as it expands over 150 pages…
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Digital Assets to Be Taxed In South Korea

Digital Assets to Be Taxed In South Korea

“Whether anyone owns them or gets them as a donation or inherit them or even receive them as a gift, none of the digital assets will be exempted from tax”, says the National Tax Service of South Korea (NTS). For the purposes of imposing the tax, major crypto firms of the country have been given the responsibility of identifying the digital assets liable to be taxed by the authority. A new tax policy is going to be introduced in South Korea which entails bringing digital assets within the tax net. The policy will be implemented by the National Tax Service…
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Florida’s ‘Freedom First Budget’ Wishes to Welcome Digital Currency Payments against State Fees

Florida’s ‘Freedom First Budget’ Wishes to Welcome Digital Currency Payments against State Fees

At the announcement of the annual budget for Florida, the Governor of Florida proposed that a mechanism should be adopted which can accept digital currencies against payment of state fees. Governor Ron DeSantis is of the view further that for adopting the crypto payment mechanism, a separate department is required to be established. The annual budget of 2022-23 has been announced for the State of Florida by Ron DeSantis, the Governor of Florida. The budget was named as “Freedom First Budget”. DeSantis is an attorney by profession first and then joined the Republican political party of the US. He was…
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India’s Prime Minister Twitter Hacked By Crypto Fraudsters Again

India’s Prime Minister Twitter Hacked By Crypto Fraudsters Again

The Twitter account of India's Prime Minister, Narendra Modi, was hacked today. The hackers put up false information claiming that the government had chosen to adopt and legalize all cryptocurrencies and share 500 Bitcoin tokens amongst its citizens. Two days ago, the Prime Minister had been in attendance in a virtual global meeting on Democracy. Details Of The Cyber Attack Apart from offering technological solutions to help other countries curb electoral malpractice, the prime minister also called for a global regulatory framework on cryptocurrencies and social media. The Prime Minister cited that these revolutionary technologies have impacted electoral processes recently.…
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The venture stage assists clients with developing their income without the intricacies of exploring crypto finance

The venture stage assists clients with developing their income without the intricacies of exploring crypto finance

The absence of straightforward experience is keeping the world away from accepting exorbitant premium income on computerized monetary forms. While the allure of acquiring large digital currency ventures has caught the consideration of many, it has regularly eclipsed the intrinsic dangers related to the business. While many have become for the time being moguls, the advanced cash biological system has its intricacies, bringing up issues to clients, including which coins they ought to purchase, how they can undoubtedly store and deal with these resources, and how they can improve a portfolio to assemble gradual abundance as is valid for those…
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