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German Commerzbank First to Apply for Crypto Licence in the Country

One of the largest banking institutions in Germany, the ‘Commerzbank’ has been trending in the news this morning, confirming that it applied for a local crypto license earlier this year, marking the first time a major bank has made a move toward cryptocurrencies in the country. A representative from Commerzbank confirmed to local media outlet Börsen-Zeitung that it “applied for ...

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Are Experts Using Auto Trading Robots in 2022?

Online trading is one of the most lucrative activities, and every day, many traders are signing up for memberships on different platforms to give it a try. Note that succeeding in trading requires extensive skills and solid plans. One of the best approaches is using auto trading robots. The best element about trading robots is that they minimize human trading ...

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Coinbase Not Blocking Russian Crypto Accounts Unless Forced by US Government

The CEO of popular American cryptocurrency exchange Coinbase has announced that they will not block Russian crypto accounts unless the US government issues an order to do so. The company feels it’s unfair to ban ordinary Russians from crypto. Brian Armstrong, the Coinbase CEO, believes that crypto will most likely not be used by the Russian oligarchs to move funds. ...

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Ukrainians Turn to Bitcoin Crowdfunding in Preparation of a Possible Russian Invasion

Donations totaling hundreds of thousands of dollars have flooded into Ukrainian nongovernmental organizations and volunteer groups, to help fund Ukainian protection in case of a Russian invasion accross Ukrainian borders. Russia has about 70% of the combat power in place in its neighboring country Belarus, of the total amount it would need for a full-scale invasion of Ukraine. Two U.S. ...

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Millions spent on Crypto Commercials During the Super Bowl a Sign of a Dotcom part 2, or of Mainstream Recognition?

Coinbase spent nearly $14 million on its QR code Super Bowl commercial, and it’s already considered one of the most confusing but also most effective Super Bowl commercials. The cryptocurrency company paid nearly $14 million for the ad, which ran during Sunday’s Super Bowl between the Los Angeles Rams and the Cincinnati Bengals. The minute-long scannable and bouncing QR-code with ...

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EU Proposes Ban on Proof of Work Cryptos Like Bitcoin

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin climbed overnight to $39,000, as the crypto market remains in a state of indecision. There are bullish and bearish catalysts on the horizon, but in the short term risks are dominant in my opinion. On the positive side, Terra founder Do Kwon says the Luna Foundation Guard is planning ...

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Bitcoin rallies overnight despite warnings from Powell

By Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin dropped yesterday, after Federal Reserve chairman Jerome Powell spoke about soaring inflation, before then rallying 6% overnight. Powell said that “inflation is much too high” and that the U.S. central bank is willing to raise rates more aggressively. In addition, Powell said that the federal funds rate could be raised ...

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FTX to be the First to Receive a Virtual Asset Exchange (VAX) License in Dubai

Major global cryptocurrency exchange FTX is receiving a virtual asset exchange (VAX) license in Dubai, and is expanding its operations in the United Arab Emirates. The VAX license is granted under a new cryptocurrency law and was issued by Sheikh Al Maktoum, creating a legal framework for crypto in the Emirate of Dubai, aimed at protecting investors and “designing much-warranted ...

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Talao, the new Self-Sovereign Identity Wallet, Gives Consumers Control over Their Personal Digital Data

Identity theft could soon be something of the past, as we are now entering into a new era of innovation. An era in which individuals retain control and sovereignty of their own data, not companies or institutions. Blockchain-based Digital Identity specialist Talao, a Paris-based startup which specializes in Self-Sovereign Identity solutions and blockchain-based solutions is the developer of the first ...

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Crypto officially legalized in Ukraine, enhancing adoption and providing tangible economic advantages

The Ukrainian parliament has backed a bill to legalize cryptocurrencies. In a nearly unanimous vote, the Ukrainian Parliament adopted the law that was set in motion in 2020. Unlike El Salvador, Ukraine’s crypto law does not facilitate the rollout of bitcoin as a form of payment, but plans to open the cryptocurrency market to businesses and investors. Previously, Ukrainian locals ...

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