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Tag: banking

Posted on 26/09/2021

China’s Supposed ‘Bitcoin Ban’ Fails To Crash Market As Twitter Adds Crypto Payments In Historic First

A move by China’s central bank to criminalize all forms of cryptocurrency trading – effectively making bitcoin illegal in the country – has failed to meaningfully impact the price of the world’s ... ( read original story ...)

Posted on 26/09/2021

China’s crypto ban has almost achieved a ‘meme-like status,’ but here are the lingering impacts

Most analysts expect the sell-offs from 'China FUD' to be short-term, but China's most recent crypto crackdown could further changes the industry's ... ( read original story ...)

Posted on 26/09/2021

Key detail in China’s crypto crackdown is callout of Bitcoin, Ethereum and Tether

China has reiterated its crackdown on cryptocurrencies in the world's second largest economy and the latest statement from the People's Bank of China ... ( read original story ...)

Posted on 26/09/2021

This Week in Apps: PayPal launches ‘super app,’ Twitter adds crypto tips, Apple won’t take Fortnite back

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a ... ( read original story ...)

Posted on 26/09/2021

The crypto industry could take tax fight all the way to the Supreme Court

The cryptocurrency community launched an all-out but ill-fated lobbying blitz to water down new proposed tax reporting rules that could be passed into law ... ( read original story ...)

Posted on 25/09/2021

The Fight to Control the $2 Trillion Crypto Market Is Heating Up

Investors are being rattled by volatility as the two biggest economies — the U.S. and China — seek to tighten their grip on Bitcoin and other digital currencies. ( read original story ...)

Posted on 25/09/2021

China banned all crypto transactions on Friday, but experts say the move was mostly priced in for bitcoin

The reaction is significantly smaller than previous bans as the market has already priced in the risk,' Wes Fulford of Viridi Funds said. ( read original story ...)

Posted on 25/09/2021

Crypto Exchange Stops Taking China Users as Beijing Widens Ban

Huobi, China’s largest Bitcoin exchange, has halted new registrations for domestic users, taking one of the first actions to comply with Beijing’s latest crypto ban. ( read original story ...)

Posted on 25/09/2021

Donate 1.2 Billion Vaccines, Japan to Help India Finance Covid Treatment | 5 Points from Quad’s Plan

Indian Foreign Secretary Harsh Vardhan Shringla briefed the media on Prime Minister Narendra Modi's meeting with the Quad leaders, where his counterparts- Scott Morrison of Australia and Japan's ... ( read original story ...)

Posted on 25/09/2021

Japan gov’t to OK Princess Mako’s decision to turn down lump-sum marriage money: sources

The Imperial Household Agency is set to finalize a decision not to pay a lump sum to Princess Mako, the eldest daughter of Crown Prince Akish ... ( read original story ...)

Posted on 25/09/2021

China is cracking down on crypto again — here’s what that actually means, and how it affects U.S. crypto investors

It's not the first time China has cracked down on bitcoin and cryptocurrency. Here's what experts say it means for people buying bitcoin in the U.S. ( read original story ...)

Posted on 25/09/2021

China Just Made Crypto Transactions Fully Illegal

The update from The People's Bank comes on the heels of a years-long crackdown in an effort to stave off illegal activities and environmental apocalypse. ( read original story ...)

Posted on 25/09/2021

China has banned all crypto transactions in the country. Here is what it means and why experts say bitcoin will bounce back.

China's declaration that crypto-transactions are illegal drove down bitcoin and other digital currencies Friday. China, however, didn't ban possession of digital currencies, which likely prevented ... ( read original story ...)

Posted on 25/09/2021

Crypto plunge a wake-up call — and tax opportunity — for investors

Price swings for bitcoin, ethereum and other cryptocurrencies highlight the asset's characteristic volatility. Investors can use it to their benefit. ( read original story ...)

Posted on 25/09/2021

Japan’s Nikkei 225 jumps 2% as investors seek clarity on Evergrande situation

The Wall Street Journal reported Thursday that Chinese authorities have told local officials to prepare for a potential demise of developer Evergrande. ( read original story ...)

Posted on 25/09/2021

China and Hong Kong-based bitcoin holders scrambling to protect their crypto assets

Some crypto holders in China and Hong Kong are scrambling to safeguard their crypto assets, according to an attorney who works with overseas crypto clients. ( read original story ...)

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