Cryptocurrency provider and aggregator Triple A says that almost 1 million people, or roughly 2.4% of Morocco’s population, currently own cryptocurrency, according to a Cointelegraph report Tuesday (Jan. 11). The data shows that Morocco is the top country in North Africa in terms of crypto...
Bitcoin is off to a rocky 2022, with prices tumbling below $40,000 for the first time since September, tracking to hit its worst start to a new year since 2012 and perhaps since its inception, Bloomberg reported. The world’s first cryptocurrency lost about 14% in...
El Salvador is apparently readying a new Bitcoin law. Samson Mow, Chief Strategy Officer of Blockstream — the crypto asset firm overseeing El Salvador’s forthcoming, billion-dollar Bitcoin bond issuance — announced it in an English-language tweet on Jan. 3, according to El Salvador.com. The new...
Thai taxpayers making money off cryptocurrencies will have to pay a 15% capital gains tax this year, CoinDesk reported Thursday (Jan. 6). While there will be exemptions for exchanges, there won’t be any exemptions for retail investors or mining operators, according to the Bangkok Post...
The FinTech and RegTech solutions provider Computer Services Inc. has joined forces with the bitcoin company NYDIG to offer bitcoin services to community financial institutions. “Powered by NYDIG, the new offering allows banking customers to buy, sell, and hold bitcoin directly within CSI’s digital banking...
FinTech Baanx has received full approval for cryptoassets registration by the U.K.’s Financial Conduct Authority (FCA), according to a IBS Intelligence report Wednesday (Jan. 5). Baanx has seen massive growth in the last year, and works on providing compliant and secure crypto assets. With the...
Nike’s selling virtual sneakers in the metaverse. Play-to-earn gamers in NFT-based Axie Infinity have bought and sold in-game items nearly 11.5 million times, with $3.81 billion changing hands. E-sports — watching people play video games over livestream — is a $1 billion business that attracts...
Decentralized finance (DeFi) platform WonderFi Technologies has agreed to buy Canadian crypto exchange Bitbuy for $161.8 million, according to a Tuesday (Jan. 4) CoinDesk report. With the deal, WonderFi now gets one of the fastest growing Canadian crypto platforms, with an addition of 375,000 new...
Bitcoin mining could grow abundantly in Latin America, research from data analysis firm Arcane Research predicts, according to Investing.com. The Monday (Jan. 3) report suggests that crypto’s hashrate will continue to grow in geographical distribution in 2022, partly as a result of China’s crackdown on...