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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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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…

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

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

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

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.

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

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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Elizabeth Warren questions bitcoin mining, US senator says cryptocurrencies raise environmental concerns

Senator Elizabeth Warren wrote a letter to the CEO of New York mining company Greenidge Generation, Jeff Kirt, requesting details about the company’s emissions. Warren’s letter insists that “Greenidge and other [bitcoin] factories raise concerns about their impacts on the global environment.” Elizabeth Warren targets bitcoin mining operations Former law professor and US Democratic Senator…