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Tether executives said to face criminal probe into bank fraud - Bloomberg News
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(Reuters) - The U.S. Department of Justice is probing whether executives behind the Tether digital token committed bank fraud during the nascent stages of its cryptocurrency business, Bloomberg News reported on Monday
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Tesla And SpaceX Billionaire Elon Musk Doubles Down On Dogecoin And Ethereum Plan To Beat Bitcoin Amid Crypto Price Bounce
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The bitcoin price jumped in anticipation of the virtual event, climbing back from under $30,000 per bitcoin to over $32,000, and finding fresh support after Musk revealed that his rocket company SpaceX has joined Tesla TSLA 1% in holding bitcoin.
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?Dogecoin Is Money??Elon Musk Shares Bullish Doge Theory Amid $200 Billion Bitcoin And Crypto Price Rally
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Now, as the dogecoin price nears 20 cents per doge token after crashing under the psychological level earlier this month, Musk has shared a dogecoin theory that proclaims the memecoin isn't a speculative asset but rather "dogecoin is money."
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Bitcoin surges 15% to top $38,000, boosted by comments from influential investors and chatter about Amazon getting into crypto
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Bitcoin rose 15% to its strongest level since mid-June on Monday.
Positive remarks by Elon Musk, Jack Dorsey, and Cathie Wood at "The B Word" event helped drive the gains.
Chatter about Amazon possibly accepting bitcoin payments by the end of 2021 are seen as adding further support.
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Cryptocurrency?s Wild West is in Wyoming, USA
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WASHINGTON, July 7 (Reuters Breakingviews) - U.S. cryptocurrency businesses are riding out to the Wild West of Wyoming. The cowboy state has revamped financial rules to attract bitcoin startups, putting it ahead of the Federal Reserve and other D.C. regulators.
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Published over a month ago.
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How decentralized finance will transform business financial services ? especially for SMEs
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Decentralized finance (DeFi) is emerging as a tool for smaller businesses in developing markets, particularly for remittances and small loans.
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Published over a month ago.
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JPMorgan steps up as first big US bank offering broad retail crypto funds access
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The news: JPMorgan Chase has made history as the first big US bank to offer crypto funds to retail customers beyond the very wealthy, per Insider. The banking giant told wealth-management advisors that, beginning July 19, they could receive trading orders for five funds invested in the asset class: Four are offered by Grayscale Investments and one is available from Osprey Funds.
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INDIA, BE READY TO ENJOY THE BENEFITS OF CRYPTOCURRENCY BANK
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Cryptocurrency investors keep on confronting difficulties in banking transactions with practically all significant banks not allowing such transactions. Enter cryptocurrency bank. In a bid to get a cut of the developing growing cryptocurrency market share in India, banking platform Cashaa has declared its launch in India. It will be delivering personal account services for the same by mid-August.
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TOP BANKS INTERESTED IN USING CRYPTOCURRENCY WITH BLOCKCHAIN
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The extensive use of cryptocurrency in the financial world has instigated banks and other financial institutions to adapt to the cryptocurrency market. Banks have initiated to embrace the functionalities of a cryptocurrency and are interested to integrate blockchain technology into their existing financial system.
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Published over a month ago.
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BofA Debuts Crypto Research Team in Latest Wall Street Push
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Bank of America Corp. created a new team dedicated to researching cryptocurrencies, marking Wall Street?s latest push to capitalize on investors? frenzy for digital assets.
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Cryptocurrencies don?t yet pose a threat to financial stability, Bank of England?s Cunliffe says
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?The speculative boom in crypto is very noticeable but I don?t think it?s crossed the boundary into financial stability risk,? Bank of England Deputy Governor Jon Cunliffe told CNBC.
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Indian crypto exchanges flounder as banks cut ties after RBI frown
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MUMBAI, July 1 (Reuters) - Indian cryptocurrency exchanges are scrambling to secure viable, permanent payment solutions to ensure seamless transactions after banks and payment gateways started cutting ties with them, six industry insiders said.
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Bitcoin Rewards Is Becoming A Hot New Trend In Banking
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Many experts still project that Bitcoin will surpass $200,000 or more in value in the near-term. This includes billionaire venture capitalist and bitcoin investor Tim Draper, who recently told CNBC Make It that Bitcoin will reach $250,000 by late 2022 or early 2023 despite its dramatic swings.
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Published over a month ago.
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Cryptocurrency bank plans India operations, takes cooperative route to get around RBI rules
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The ?bank? has ambitious plans to extend loans to buy cryptocurrencies and open savings accounts for customers. The government is also planning to bring in a law to regulate cryptocurrencies.
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Cryptocurrencies, stablecoins and central-bank digital currencies are all the rage. We break down what they are and what you need to know about them
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Cryptocurrencies and stablecoins have boomed in 2021, sucking in investors.
The world's central banks are increasingly looking to create their own digital currencies.
Insider cuts out the jargon and explains the key differences and what they're used for.
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Published over a month ago.
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CRYPTO DECODED Britain?s crackdown on Binance boosts the cryptocurrency exchange?
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The U.K.?s Financial Conduct Authority recently moved to block Binance, the world?s top crypto exchange, from operating in the country.
While Binance can continue offering crypto trading services to Brits, it was ordered to notify users that it is not authorized to operate in the U.K.
The FCA?s crackdown on Binance has benefited a number of its rivals, including Bitstamp, Kraken and Gemini.
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Is investing in crypto worth the risk?
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A Q&A with hedge fund manager Amit Rajpal on the case for betting big on digital assets ? and why Bitcoin is more sustainable than investors think.
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Published over a month ago.
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Japan's central bank kicks off experiments on issuing digital currency
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TOKYO (Reuters) - The Bank of Japan (BOJ) began experiments on Monday to study the feasibility of issuing its own digital currency, joining efforts by other central banks that are aiming to match the innovation in the field achieved by the private sector.
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Regulation: The solution to Bitcoin?s risks and unrealized benefits
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Bitcoin continues to ride waves of popular interest and market volatility. But behind the swings is an unwavering reality: The largest species of cryptocurrency doesn?t measure up to its promised benefits as a peer-to-peer network, a uniquely quick and efficient payment system, or a store of value.
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EXCLUSIVE Japan beefs up diplomatic efforts on regulating digital currency - sources
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TOKYO, July 16 (Reuters) - Japan is beefing up its diplomatic efforts to regulate digital currencies globally, three officials told Reuters, a sign of the government's growing alarm that a proliferation of new forms of private money could upend the financial system.
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How business schools are dealing with the rise in cryptocurrency.
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?Blockchain has become part of elective business education over the past five years,? says Jean-Philippe Vergne, the former director of the Scotiabank Digital Banking Lab at Ivey Business School in London, Ont. ?Over the next five, it will likely become part of core business education,
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Seawind Solution Pvt Ltd
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Seawind Solution is an IT solution helping organizations address the evolving business needs and challenges in a highly competitive industry through digital transformations and services tailored to your specific business requirements. Serving Quality, Satisfactory and Fruitful Services to many Clients.
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Paragliding at Kamshet
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Fulfill your dream of flying like a bird in the sky and Experience the best moment of your life with paragliding Kamshet near Lonavala, Pune . And enjoy 100% safe flying with experienced pilot.
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Welcome to the Church of Bitcoin
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Bitcoin 2021, a two-day conference in Miami’s swiftly gentrifying Wynwood neighborhood that’s attracted 12,000 attendees in what is being advertised as not only the largest Bitcoin conference in history, but one of the biggest public gatherings in the U.S. since the Covid-19 pandemic began.
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US financial crime-fighting agency steps up its crypto efforts by hiring its first digital-currency advisor
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The US Treasury's crime bureau, FinCEN, hired its first chief digital currency advisor.
Michele Korver, who was in the Digital Currency Council for the Department of Justice, has got the job.
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The future of bitcoin, cryptocurrency, and NFTs, according to 30+ experts
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We asked venture capitalists, security experts, futurists, startup founders, and others for their thoughts on the likely trajectory of cryptocurrencies in the post-pandemic world.
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Crypto is ?the future of finance? Why Gen Z is ditching traditional investment but with caution
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Gen Z and young millennial investors, from teens to those in their early 20s, are bullish on cryptocurrency and the technology that surrounds it.
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$55 billion hedge fund Marshall Wace is reportedly planning its first investments in the crypto market
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London-based hedge fund Marshall Wace is planning its first investments in the cryptocurrency market, the Financial Times reported, amid steadily increasing interest in the digital asset space from major financial institutions.
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Visa is partnering with over 50 crypto companies to allow clients to spend and convert digital currencies
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Visa is partnering with over 50 crypto companies to allow clients to spend digital currencies.
This means clients can buy from any merchant accepting Visa, even those who do not accept crypto.
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Legendary investor George Soros is trading bitcoin after eyeing digital tokens for years, report says
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Legendary investor George Soros' fund is to start trading #bitcoin, according to a report.
Soros Fund Management, thought to manage around $27 billion, started looking at bitcoin in 2018.
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Ethnic suits-Enaarah
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Shop from a huge inventory of Indian ethnic suits online at Enaarah. Our dupatta sets and 3-piece sets make you look extravagant & are fit for every occasion.
Visit: Read more...
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India is reportedly mulling over a new crypto tax which could make trading on foreign exchanges more expensive
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India?s Income Tax (IT) Department is reportedly mulling over imposing a 2% equalisation levy on crypto trading on exchanges based outside the country.
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How should cryptocurrency be taxed in India? Here are some thoughts
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Even though cryptocurrencies are not mentioned in the Indian income tax act and there are no rules defined yet, you must report them in your income tax return and pay tax on them.
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Indians invest billions in Bitcoin, Dogecoin, Ether despite RBI's concerns on crypto
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RBI says it has 'major concerns' about the asset class and six months ago the government proposed a ban on trading in digital coins
In India, where households own more than 25,000 tonnes of gold, investments in crypto grew from about $200 million to nearly $40 billion in the past year
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A German travel site will allow customers to pay in dogecoin as part of its debut in the US
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German travel-booking platform GetYourGuide on Tuesday announced that it will accept dogecoin as a form of payment as part of its expansion plans in the US.
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India closes all tiger reserves after Covid outbreaks in zoos
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The Indian government has ordered the temporary closure of all tiger reserves to tourism, after a spate of Covid-19 outbreaks in zoos around the country.
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Silicon Valley Thought India Was Its Future. Now Everything Has Changed.
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Throughout this year, India’s ultraconservative government has consistently threatened major Big Tech at a level it hadn’t dared before.
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