Day: 18 November 2024

Binance has introduced merged mining on its pool mining platform. Starting today, November 18, 2024, interested parties can join the Binance Pool platform to earn Fractal Bitcoin (FB) rewards while mining Bitcoin (BTC).   Fractal Bitcoin is a Layer 2 sidechain scaling solution built on Bitcoin's core code, designed to "scale ...

Dutch payment technology firm Quantoz Payments has announced the launch of two new stablecoins, EURQ and USDQ, set to go live in Europe on November 21. According to a November 18 press release, EURQ and USDQ are fully backed on a one-to-one basis by fiat reserves and highly liquid financial ...

A top Wall Street expert recently made waves by declaring that missing ETFSwap (ETFS) today could be as costly a mistake as overlooking the SHIB explosive rise in 2021. Those who missed the  SHIB early days surge passed up on a rare wealth-building moment, as early investors watched their holdings ...

The European Banking Authority (EBA) has issued new guidelines for payment service providers (PSPs) and crypto-asset service providers (CASPs) to ensure compliance with the European Union’s sanctions when transferring funds or crypto assets. Released on November 14, the guidelines outline how these providers should implement EU and national sanctions to ...

Nepal’s Financial Intelligence Unit (FIU) has raised alarms over the growing use of cryptocurrencies in cyber-related frauds despite an official ban on crypto trading.  The FIU is a division of the Asian country’s central bank, Nepal Rastra Bank, and it focuses on monitoring and combating financial crimes such as money ...

Russia is advancing a draft amendment to its Bitcoin mining legislation, proposing new tax regulations for crypto mining activities, transactions, and associated infrastructure.    According to a report by local media Interfax, the country’s Ministry of Finance has introduced amendments detailing tax guidelines for income and expenses in the crypto ...

Authorities in Paju, a city in South Korea's Gyeonggi Province, are ramping up efforts to collect unpaid taxes by targeting residents who use cryptocurrency to evade payment. Local officials have issued warnings to 17 individuals with outstanding tax debts amounting to 124 million Korean won (approximately $88,600).   According to ...

Coinbase CEO Brian Armstrong has described President-elect Donald Trump's new Department of Government Efficiency (DOGE) as a once-in-a-lifetime opportunity that could help boost economic freedom in the United States. In a November 17 post on X, Armstrong highlighted the new agency's potential to streamline government operations and reduce inefficiency. He ...

The local branch of Seychelles-based crypto exchange OKX has introduced fee-free deposits and withdrawals of Singapore dollars (SGD) for customers in Singapore, using the country's payment systems PayNow and Fast and Secure Transfers (FAST).  The announcement, made on Monday, November 18, leverages the exchange's collaboration with DBS, a leading Singaporean ...

Metaplanet has announced a ¥1.75 billion (approximately $11.7 million) ordinary bond issuance to bolster its Bitcoin acquisition strategy. The company revealed the move on November 18, highlighting its ongoing commitment to integrating cryptocurrency into its broader investment portfolio. These third series of ordinary bonds are exclusively allocated to EVO FUND ...