News

President of Panama Partially Vetoes Crypto Law Passed by National Assembly

Coins Legend June 18, 2022 0

Laurentino Cortizo, president of Panama, has exercised his veto powers to make a series of objections to the recently approved cryptocurrency law. The observations of the president only touch on certain articles and do not affect the law in its entire scope. However, these articles of the bill

News

Agoras: Cryptocurrency Designed to Evolve Alongside Humanity

Coins Legend June 15, 2022 0

Agoras is the cryptocurrency of Tau. If you haven’t heard about Tau yet, it is the first-ever decentralized blockchain social network, that will be able to take the thoughts, advice, and knowledge of its users and update its own software in real-time to give all users control over what the software does for them and […]

Regulation

South Korean Government Calls for Voluntary Regulations From Crypto Industry

Coins Legend June 15, 2022 0

The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean Crypto Sector for Regulatory Proposals Representatives of the South Korean

Regulation

Bank of Canada’s Official: Crypto Needs Regulation Before It Becomes ‘a Lot Larger’

Coins Legend June 15, 2022 0

Bank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is an area that is still small, but it’s growing really rapidly,” the official said. Bank of Canada’s Official Stresses the Importance of Crypto Regulation Bank […]

News

Argentinian Cryptocurrency Exchange Buenbit Launches Stablecoin Yield Instruments

Coins Legend June 14, 2022 0

Buenbit, one of the leading Argentinian cryptocurrency exchanges, announced the inclusion of two stablecoins in its current yield program. The company will allow its customers to earn yields of up to 11% annually on their USDC and USDT funds, with the earnings being deposited in customers’ accounts daily, targeting high inflation markets. Buenbit Announces USDC […]

Finance

JPMorgan Economist Expects the Fed to Hike Benchmark Rate by 75 bps as Global Markets Bleed

Coins Legend June 14, 2022 0

The U.S. Federal Reserve is expected to raise the federal funds rate during its next meeting on Wednesday and JPMorgan economist Michael Feroli believes that rising inflation will push the Fed to increase the rate by 75 basis points (bps). Last week, CME Group data indicated the market priced in a 95% chance that the […]

Market updates

Report: Kenyan and Nigerian Central Bankers Attack Cryptocurrencies but Endorse CBDCs

Coins Legend June 13, 2022 0

Cryptocurrencies are very unstable for them to become a widely used method of payment, the Nigerian and Kenyan central bankers have reportedly said. In addition, the bankers claim that cryptocurrencies also pose a risk to financial stability. Narrowing the Financial Exclusion Gap The Nigerian and Kenyan central bankers have said cryptocurrencies are too volatile to […]

Finance

Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens — Warns ‘Don’t Buy This Dip’

Coins Legend June 13, 2022 0

Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession deepens,” adding that bitcoin is poised to crash to $20K while ether will sink to $1K. Peter Schiff Shares […]

News

Mad Money’s Jim Cramer Offers Advice on Cryptocurrency Investing

Coins Legend June 10, 2022 0

The host of Mad Money, Jim Cramer, has some advice for cryptocurrency investors. “I would never discourage you from buying crypto,” he said, adding that he himself owns ethereum. Jim Cramer’s Advice on Crypto Investing Jim Cramer, the host of Mad Money, gave some advice regarding cryptocurrency investing on CNBC Make It Wednesday. Cramer is […]

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Citadel, Charles Schwab, Fidelity Join Forces to Build Cryptocurrency Trading Platform

Coins Legend June 8, 2022 0

Citadel Securities and Virtu Financial are reportedly building a cryptocurrency trading platform with help from Fidelity Investments and Charles Schwab. “We know there is significant interest in this cryptocurrency space and we will look to invest in firms and technologies working to offer access with a strong regulatory focus and in a secure environment,” said […]