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MoneyGram invests in Bitcoin kiosk operator currency Coinme

The remittance giant acquired a 4% stake in Coinme to support the bitcoin exchange’s growth plans. Remittance giant MoneyGram has acquired a minority stake (4%) in the bitcoin-to-cash currency Coinme, according to a press release on Wednesday. The investment closes Coinme’s Series A funding round with the aim of furthering its international expansion plans and…

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The top 5 cryptocurrencies to invest in 2022 year

As we prepare for 2022, here is a list of 5 currencies you should invest in. Ethereum – Show star The Ethereum blockchain prides itself on being “the world’s programmable blockchain,” capable of hosting multiple applications. It uses cryptocurrency to mean more than money, applying it to the decentralization and disorganization of various sectors. While…

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Bank of Jamaica completes first CBDC pilot

Bank of Jamaica initially partnered with Irish crypto firm eCurrency Mint for its CBDC project in March 2021. The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), with the goal of rolling it out nationwide in the first quarter of 2022. After proceeding with initial testing of the CBDC…

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Microstrategy buys more bitcoins, now with 124,391 BTC

Microstrategy, which is listed on Nasdaq, bought more bitcoins for its corporate treasury. The latest purchase of 1,914 coins brought the company’s total cryptocurrency to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to reach $ 6 million. Microstrategy bought more Bitcoin The pro-bitcoin company Nasdaq, Microstrategy, bought…

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Binance gets the green light from Canada and Bahrain

If Bahrain’s application is approved, it will be Binance’s first regulatory approval in the Middle East and North Africa region. Binance is celebrating the new year with approvals from two different sides of the world. The Central Bank of Bahrain has granted a license in principle for the exchange of cryptocurrencies to operate as a…

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The advice of Mexico’s third-richest billionaire: invest in Bitcoin, stay away from dollars, euros

Mexico’s third-richest billionaire advised people to stay away from fiat currencies like the dollar and euro and invest in bitcoins. Calling fiat money “false money made of paper and lies”, he emphasized that “central banks are printing more money than ever before”. Ricardo Salinas Pliego recommends investing in Bitcoin, says to avoid fiat currency Mexico’s…

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African startup raises $6 million from pre-Series A funding round

The Africa Blockchain Lab recently said it raised $6 million from a pre-Series A investment round and that it will use the capital to fund the launch of an encrypted portfolio. Increase cryptocurrency adoption An African crypto startup, Africa Blockchain Lab, recently confirmed it has received $6 million from a pre-Series A investment round. The…

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Binance develops Crypto Exchange in Indonesia

Binance formed a joint venture with a consortium led by Telkom Indonesia’s $ 830 million venture capital arm. Binance aims to “expand the blockchain ecosystem in Indonesia by developing a new digital asset exchange based in Indonesia.” Binance Building Cryptocurrency Exchange in Indonesia Cryptocurrency and blockchain infrastructure provider Binance announced Wednesday that it has established…

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Paraguay approves bill to regulate bitcoin mining and trading

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…