The Prudential Authority in South Africa, South Africa’s largest banking regulator, stated that some banks’ decisions about separating from crypto entities could ‘pose a risk to financial integrity overall’. The Prudential Authority, South Africa’s main regulator of the banking industry, suggested that banks could avoid cryptocurrency entities entirely to weaken their risk management processes. A guidance note was
The price comparison portal Finder has updated its ether ( ETH ) price predictions Monday. It uses weekly and quarterly surveys to measure expert predictions about the future price of ethereum. Finder explained that the company’s most recent quarterly survey was conducted in July and ‘asked 54 industry experts to give their opinions on how ethereum will perform during
The Bitcoin price is poised for its highest weekly gain since October 2013 thanks to a greater risk appetite on global markets. Bitcoin is poised for its biggest weekly gain since October 2013. This is due to a greater risk appetite on global markets. As of Friday, Singapore’s largest cryptocurrency was up over 13%. If the move continues that
According to the Persian calendar, the Iranian authorities have taken the necessary steps to launch a pilot of crypto rial in the month of Shahrivar. The top executive was quoted by the English-language Iran Front Page news site, stating that Iran’s digital currency would be different than the global decentralized cryptocurrencies. He stated that it is
In a recent interview with CNBC, the Managing Partner and Co-founder of Fundstrat Global Advisors, Tom Lee, shares his beliefs about Bitcoin hitting rock bottom already. According to Tom, ‘Bitcoin is doing far better than what everybody expected’ It’s already crypto winter – Tom Lee When asked by the interviewer if he is still sticking
Imagine a country that is landlocked and susceptible to coups, where armed groups hold large portions of the territory beyond the capital city and where the median income for the year is $493. What would you do to improve the lives of its peasant farmers, who make up the majority of its long-standing citizens? Enhance the education
The FSRA is a regulatory arm for the UAE financial center ADGM. It has published a discussion paper seeking public comments on the policy considerations of decentralized finance (defi). The document was released at a time when the defi space has experienced strong growth in both the number and the value of such transactions. This is what
ZIL dropped for the fourth consecutive session on Tuesday as prices continued to slide from $0.2313 last week. ZIL dropped by nearly 13% today. CELO, however, gained almost the same percentage and climbed to its highest point in almost four years. After a low of $3.68 at the beginning of the week, CELO/USD rose to
Trammell Venture Partners is a leading venture capital company. They announced the closure of their first fund, which was specifically designed to support founders working on the Bitcoin/Lightning Network protocol. TVP Bitcoin Venture Fund series is leading the industry to this crucial area of dedicated venture investment. It has reduced the gap in venture financing for Bitcoin-focused
Bitcoin fell to its lowest point in a month, along with a wide decline in other cryptocurrency after Vladimir Putin ordered Russian troops to attack Ukraine. Within minutes of Putin’s broadcast decision to launch an’special military operation’ against Ukraine’, there were reports of flares and explosions from at least five locations within the country, including Kyiv. According to data from CoinMarketCap, Bitcoin
