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Paraguay approves bill to regulate bitcoin mining and trading

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On Thursday, Paraguay’s Senate approved a bill aimed at regulating cryptocurrency mining and trading in the country. According to a post on Twitter by one of the three proponents of the bill, Senator Fernando Silva Facetti said that the Paraguayan Chamber of Deputies will meet to deliberate on the bill in 2022. Paraguay will decide…

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Lending Platform Ledn Launches Bitcoin-Backed Mortgage Product and Raises $ 70 Million

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Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company also raised $ 70 million, bringing its valuation to $ 540 million. Bitcoin-backed mortgage: “The first product of its kind to hit the…

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Swissquote, Switzerland’s largest online bank, to launch its own crypto exchange

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Switzerland’s largest online bank, Swissquote, is launching its own cryptocurrency trading platform. The company is seeing strong demand for cryptocurrency trading. “Our customer service and compliance teams were almost overrun with encryption.” Switzerland’s largest online bank launches its own cryptocurrency trading platform Switzerland’s largest online bank, Swissquote, is about to launch its own cryptocurrency trading…

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Russia will allow foreign residents to own and use the digital ruble

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Russia’s central bank plans to convert the digital ruble into foreign currency that can be used by non-residents. In a document dedicated to digitizing the Russian financial sector, the regulator reiterates its concern about the risks associated with cryptocurrencies and insists that digital coins issued by the state are safer. The Bank of Russia will…

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Miami Mayor Francis Suarez Plans to Get a Fraction of His 401k in Bitcoin

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During the first week of November, the re-elected mayor of Miami, Francis Suárez, explained that he would receive part of his salary in bitcoins through the payment processor Strike. A month later, speaking at the Real Vision Takeover event in Las Vegas, Suárez revealed that he too plans to participate in his 401k in bitcoin….

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WhatsApp launches a pilot program of cryptocurrency payments in the United States.

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One of the world’s largest mobile messaging services is launching a new function, which allows its users to send and receive encryption assets. The USAApp US platform has just announced a new pilot program that is integrated by Novi, the digital portfolio developed by the main social media platform Facebook, now goal. USSAPP users based…

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Crypto Exchange Bit Mart hacked; Almost $ 200 million reported lost

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It happened again, folks. Another crypto exchange hack is in the books. This time, the alleged victim is Bit Mart, which appears to have lost $ 150 million in digital currency funds at the time of this writing, although some companies, such as Peck Shield, a blockchain analytics firm, believe that the company may have…

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The largest bank in Colombia to offer bitcoin trading

Byadmin

Bancolombia will soon offer its clients the ability to buy and sell bitcoins through a partnership with Gemini. Cryptocurrency exchange Gemini will soon offer frictionless bitcoin trading in Colombia to clients of the country’s largest bank, Bancolombia, the company said in a statement Monday. However, it is unclear whether users will be able to withdraw…