Cryptocurrencies cannot be ignored at this time – Zimbabwe Finance Minister
The Zimbabwe Finance Minister, Mthuli Ncube suggests treating cryptocurrency as a type of investment rather than a currency. In 2021, the cryptocurrency industry became mainstream, drawing not only institutional investors and millionaires, but also governments. First, El Salvador made history by making Bitcoin legal tender, setting off a chain reaction that saw countries like Paraguay, […]
New Australian legislation allows for the seizure of cryptocurrencies
Australian lawmakers are taking a stronger approach against ransomware, as authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under the new legislation. Following a 60 percent increase in cyberattacks on Australian businesses and state agencies last year, the federal government announced new safeguards and a proposed Surveillance Legislation Amendment on Oct. […]
Evolve Funds Group launches Canada’s first multi-crypto ETF
Evolve Funds Group, a Canadian exchange-traded fund (ETF) provider, has launched the country’s first multi-crypto ETF that is pegged to both Bitcoin and Ethereum on the Toronto Stock Exchange. The Evolve Cryptocurrencies ETF will first invest in Bitcoin ETF (“EBIT”) and Ether ETF (“ETH”) and will trade under the tickers ETC (CAD Unhedged Units) and […]
Former US Treasury Secretary lauds XRP while dismissing other cryptocurrencies
Rosie Rios, the former United States Treasurer, recently posted a tweet praising the utility of XRP. Rios claims in her tweet that the Ripple-affiliated digital currency is used for cross-border payments, which she believes distinguishes it from other digital currencies that are primarily used for speculation. The former Treasury Secretary, whose name is on billions […]
Jim Cramer begs crypto investors to sell
Mad Cash Jim Cramer is no stranger to the world of cryptocurrencies, he has been in the headlines numerous times for his views on cryptocurrency and his investments in it. Cramer has previously stated that he had bitcoin and Ethereum assets. Cramer has also announced his plan to return to cryptocurrency after he sold. The […]