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Zimbabwe can no longer ignore the cryptocurrencies

Several countries around the world have reported that they consider after the Savior’s initiative in the adoption of Bitcoin as a national currency. According to Zimbabwe’s Minister of Finance, Mthuli Ncube, his country is ready to make cryptomotor concessions, who thought they could reduce the cost of shipments, among other benefits. Panama, Paraguay and Mexico…

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Guernsey regulator approves launch of Bitcoin ETF by Jacobi Asset Management

The GFSC-approved Jacobi Bitcoin ETF is a cryptocurrency-based crypto financial instrument backed by Bitcoin Escrow provided by Fidelity Digital Assets. Jacobi Asset Management, a London-based multi-asset investment platform, received approval from the Guernsey Financial Services Commission (GFSC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). Speaking to Cointelegraph, Jamie Khurshid, CEO of Jacobi Asset Management,…

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Traders Celebrate Looming Bitcoin ETF, But Options Markets Are Less Secure

The United States Securities and Exchange Commission, or SEC, is expected to decide on October 18 whether or not to approve an application from asset manager ProShare Capital Management for a Bitcoin Traded Fund (ETF). As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator was more inclined to approve indirectly…

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Bank of Russia now rates citizens’ investments in Bitcoin

As recently as yesterday, Russian President Vladimir Putin noted the tolerance of cryptocurrencies like Bitcoin to transfer funds. Today, the head of the central bank’s financial stability department assesses how much Bitcoin is held by local investors. The Bank of Russia’s Elizaveta Danilova is making headlines today after revealing that she is consulting with local…

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Why We Could See the First US Bitcoin ETF Approved in October

Several mutual funds have applied for Bitcoin ETFs in the United States. The number has grown as interest in cryptocurrencies has increased in recent months. So far, some countries have approved certain encrypted ETFs and investors can trade with them. However, the United States has yet to see the approval of its first bitcoin ETF….

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Blockchain 30th Anniversary Celebrated by Blockchain’s First Inventors

Drs. Stuart Haber and W. Scott Stornetta, the co-inventors of the first blockchain, collaborate with a team of industry-leading partners to celebrate the beginning of blockchain technology, its past, present and future. It’s a tribute to the trip and the community. Blockchain 30th Anniversary Celebration As a result, according to today’s announcement, the blockchain’s 30th…

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Scammers pay six digits for misspelled website domains in hopes of deceiving victims

The scammers reportedly spent hundreds of thousands of dollars to buy misspelled website addresses linked to cryptocurrency companies in hopes of deceiving victims. The Washington Post claims that misspelled domain names are used to mislead visitors into thinking they are dealing with legitimate cryptocurrency companies. According to the report, a Brazilian spent more than $200,000…

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Russian Parliament Considers Restrictions on Unqualified Crypto Investors

Cryptocurrency can be quite complicated for some, and Russian lawmakers believe they should consider restrictions for private investors. According to a senior representative of the legislature, the Russian parliament must provide them with “maximum protection” against risks. Members of the Russian Parliament will seek to protect citizens who invest in cryptocurrencies Members of the Duma,…

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Nigerians’ Upbeat CBDC Will Improve Payments And Help Promote Cryptocurrencies

Nigerians hope that the central bank planned digital currency (CBDC), also known as e-naira, will improve international payments and facilitate the widespread use and acceptance of the naira. E-Naira launches a giveaway to Cryptos In fact, according to a VOA report, some Nigerian blockchain experts like Janet Kaatyo believe that the launch of e-naira will…