Russia’s Finance Minister Suggests Allowing Banks to Sell Cryptocurrencies
Unlike the Bank of Russia, Siluanov Russia’s Finance minister believes banks may be licensed to provide crypto exchange services. According to Russian newspaper Kommersant, Russian Finance Minister Anton Siluanov repeated the ministry’s stance on regulating rather than prohibiting cryptocurrency and urged allowing cryptocurrency trading through banks in a letter written to Prime Minister Mikhail Mishustin […]
New Russian bill may require investors to pass an exam before buying cryptocurrencies
Russian legislators are working on a bill that suggests non-qualified investors who seek to buy crypto with a total annual worth of more than 600,000 rubles ($7,700) be subjected to additional exams. The new bill, according to one of its proponents, Andrey Lugovoy, Deputy Chair of the parliamentary Security and Anti-Corruption Committee , is about […]
Turkish president calls for more research on the Metaverse
Turkish President Recep Tayyip Erdoğan who had earlier said no to crypto has an interest in the metaverse. He has called on leaders from the ruling Ak Party to discuss the metaverse, with Erdoğan urging for more investigation. According to a Daily Sabah newspaper, Erdoğan has ordered the Ak Party to research the metaverse , […]
American Express is exploring ways to allow credit cardholders to redeem points for crypto – CEO
Cardholders of American Express credit cards may be able to redeem points for cryptocurrencies in the future, but the corporation has no plans to launch a crypto-linked credit card right now. In a Tuesday interview with Yahoo! Finance, Amex CEO Stephen Squeri said that while credit card holders “probably won’t see an Amex crypto-linked card […]
New cryptocurrencies to expect in 2022
This guide gives an expose on what new crypto coins to look out for, already released tokens and upgrade to existing tokens for the year 2022. Bitcoin remained the most popular cryptocurrency in the year 2021, it was closely followed by other altcoins with Ethereum taking the lead, the year also saw the rise of […]