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Tag: cryptocurrency investments

South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry

south-korea-elects-crypto-friendly-president-who-vows-to-deregulate-digital-asset-industry

South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must overhaul regulations that are far from reality and unreasonable,” he said. South…

The post South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry appeared first on Bitcoin News Miner.

A crypto bull wins the presidency: What it means for South Korea

ICOs, revamped taxation, and investor protection reverse a past crypto reluctance under the incoming administration.

PayMaya Parent Firm’s ‘Crypto-ready’ MayaBank Eyes Q1 Launch

PayMaya Philippines' Maya Bank will be crypto-ready and crypto-friendly, the firm said.

The post PayMaya Parent Firm’s ‘Crypto-ready’ MayaBank Eyes Q1 Launch appeared first on BitPinas.

Vast Majority of Investors in Emerging Markets Plan to Increase their Crypto Investments

Roughly 75% of investors in emerging markets plan on increasing their holdings of cryptocurrency, according to a new study from consumer insight and analytics firm Toluna. The crypto-keen investors in emerging markets overshadows those in developed markets, of which only 57% responded saying they planned to grow their digital investments. Toluna says that crypto is […]

The post Vast Majority of Investors in Emerging Markets Plan to Increase their Crypto Investments appeared first on Coin Bureau.

FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments

FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency InvestmentsThe U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency explained. “2021 numbers are nearly five times those reported in 2020, and more than 25 times those reported in 2019,” said the FTC. FTC Warns […]

It’s Not Too Late to Invest in Bitcoin, Say Wells Fargo Analysts

The analysts believe that focusing on past performance of crypto could mislead new investors.

Argentinian Tax Authority to Seize Digital Wallets to Collect Tax Debts

Argentinian Tax Authority, AFIP, has said that they may be capable to seize any property owed by taxpayers in digital wallets if the tax money owed should not settled. Last 12 months, the group beneficial the regulation however didn’t execute it till early 2022 throughout the Covid-19 pandemic. Related Reading | Making Money in Bitcoin […]

The post Argentinian Tax Authority to Seize Digital Wallets to Collect Tax Debts appeared first on Bitcoin Upload.

Speculative, risky: Irish Central Bank bars retail funds from investing in cryptos

The Irish Central Bank has made some glaring statements regarding cryptocurrency investments in a report published on Tuesday, that could potentially effect the way retail investors engage with the industry. Cryptos barred for retail players In its annual Securities Markets Risk Outlook Report, the bank stated that it was “highly unlikely” to allow retail players […]

Cryptocurrency Investors Are More Attractive on The Dating Scene (Study)

Three in four participants admitted they would go on a second date if their admirer paid the bill in bitcoin, the eToro research estimated.

SEC Advises Public to be Cautious on Crypto Investments

This month alone, the SEC already flagged 4 entities that are leveraging the emerging market of cryptocurrency and play-to-earn games.

The post SEC Advises Public to be Cautious on Crypto Investments appeared first on BitPinas.

US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media

US Federal Trade Commission Warns About Cryptocurrency Scams Using Social MediaThe U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC. Federal Trade Commission Warns of Crypto Scams Utilizing […]

The Role of Blockchain in the Launch and Growth of Cryptocurrency

Blockchain technology has changed our lives in innumerable ways. One of the most obvious impacts of blockchain technology has been in the cryptocurrency industry. In fact, blockchain is largely attributed with the birth of bitcoin and other cryptocurrencies. It remains one of the most important forms of technology that is shaping the industry in the […]

The post The Role of Blockchain in the Launch and Growth of Cryptocurrency appeared first on SmartData Collective.

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