Kraken to suspend ACH withdrawals and deposits
Kraken cryptocurrency exchange is experiencing issues with the automated clearing house (ACH) withdrawal and deposit channel via Silvergate and in this regard looking to suspend transactions involving ACH. Kraken apparently informed its users on March 27 that it will no longer accept ACH deposits and withdrawals. According to various online accounts from purported Kraken users, […]
Australian crypto exchange considers Hong Kong setup
Independent Reserve, an Australian cryptocurrency exchange, is exploring the possibility of establishing a presence in Hong Kong as the city shows a “friendly” licensing regime towards crypto and cryptocurrency businesses. In an effort to become Asia’s next crypto hotspot, the Hong Kong Securities and Futures Commission (SFC) on February 20 suggested a licensing scheme for […]
6 Ways to earn passive income from crypto in 2023
Do you want to boost your passive income from Bitcoin and crypto? Would you like to know the quickest way to activate the bitcoin income you are now receiving? There are more opportunities for passive income as a result of the surge in the popularity of cryptocurrencies. The goal of producing residual income with bitcoin […]
Despite the Collapse of Major Crypto-Focused Banks, Bitcoin is Pumping
Following the collapse of two major crypto-friendly banks within the last two weeks, bulls seem determined to end bearish trends as Bitcoin price soars above its highest levels since summer 2022. The uptrend in BTC price has caused a widespread price increase in the value of tokens in the best crypto wallets in the UK […]
CBDC adoption in Nigeria surges due to fiat shortage
Due to the Nigerian central bank’s decision to replace older bank notes with bigger denominations, a shortage of fiat currency hit the Nation leading to a rise in its central bank digital currency (CBDC) adoption. Due to rising inflation, the Nigerian central bank decided to replace outdated bank notes with larger denominations, resulting in a […]