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The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of regulations in the sector aimed at increasing oversight of the expanding digital assets market. Indonesia Mulls Over New Financial Legislation Designed to Tighten Crypto Rules Indonesian authorities intend to task the Financial Services Authority (OJK) with regulation, supervision and oversight of cryptocurrency investments, which have been booming in the country. The market is currently overseen by the Ministry of Trade and the Commodity Futures Trading Regulatory Agency which…
The Zimbabwean central bank has said it is “conducting a CBDC [central bank digital currency] Consumer Survey to solicit opinions on the design and nature of the CBDC and its overall acceptance by the public.” The bank said the information obtained via this process will be “treated with the utmost confidentiality and the results will only be used for purposes of research on the design.” Assessing the ‘Acceptability of a CBDC in Zimbabwe’ The Reserve Bank of Zimbabwe (RBZ) has said residents can now share their views and thoughts concerning “the design and nature of the CBDC [central bank digital…
MKR is a token of platform Maker. Its current price is around $855.49 at the time of writing, with a low of $586.45, and it has a market cap of 837 million dollars. What is Maker (MKR)? MKR is the coin of the Maker platform, which is around $855.49 by the time of writing, with a low of $586.45. It reached a high of $3,444.06, and its current ranking is #52, according to CoinMarketCap, with a market cap of 837 million dollars. Maker is a smart contract platform built on Ethereum, which aims to solve crypto market volatility issues. Buy MKR Why…
Investment opportunities are rare in market-down cycles. Investors tend to lay low and play it safe during this cycle. It’s somewhat unbelievable that a crypto project could generate 100% profit in a market-down cycle. However, despite all odds, a particular project achieved 110% ROI in mere weeks after its first phase ICO (Initial Coin Offering). Oryen Network is the newest addition to the DeFi space, and it’s gaining a lot of attention from investors, analysts, and market spectators alike. Oryen achieved 110% ICO profits Having had its first phase ICO in September 2022, Oryen was at a price of $0.05.…
Law enforcement and judicial authorities from Russia and Turkey are joining forces in the fight against cybercrime, including the use of cryptocurrencies for illegal purposes. The collaboration has been agreed upon during a visit by Russia’s Prosecutor General to Ankara. Russia, Turkey Arrange Cooperation on Countering Crime Involving Digital Space and Assets The Prosecutor General of the Russian Federation Igor Krasnov and the Turkish Minister of Justice Bekir Bozdag have signed a new, two-year program for cooperation between their departments, the Tass news agency reported. The high-ranking officials met in the Turkish capital. One of the areas where the sides…
PRESS RELEASE. The9 Limited (Nasdaq: NCTY) (“The9”), an established internet company, has newly announced that its NFT community NFTSTAR is releasing the next drop of exclusive NFTs in collaboration with professional Brazilian international footballer Neymar da Silva Santos Júnior. The collaboration so far has been a huge success, with the first drop of Beastmode Metaverse, named ‘JungleVIBES’, hitting over 60,000 freemints worldwide and reaching a large portion of Neymar Jr.’s constantly growing fanbase. Beastmode Metaverse is excited to release its next special edition drop for the biggest fans of Neymar Jr. and the project, titled ‘Beastmode Metaverse x Neymar Jr.:…
TWT is a token of the platform Trust Wallet. Its current price is around $1.16 at the time of writing, with a low of $0.4073, and it has a market cap of 480 million dollars. What is Trust Wallet Token (TWT)? Trust Wallet (TWT) is around $1.16 when writing this, with a low of $0.4073. It reached a high of $1.38, and its current ranking is 71, according to CoinMarketCap – with a market cap of 480 million dollars. The TWT Token is designed to give you access to the cryptocurrency space. It also acts as a governance token where holders can…
Twitter has filed paperwork with the U.S. Financial Crimes Enforcement Network (FinCEN) to start a payment business. Tesla CEO and Twitter chief Elon Musk explained the social media platform could offer “an extremely compelling money market account” in addition to “debit cards, checks, and whatnot.” Elon Musk Shares Ideas for Twitter’s Payment System Twitter Inc. filed registration paperwork with the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) to allow it to process payments, The New York Times reported Wednesday, noting that it has seen the filing. During a Twitter Spaces audio podcast on Wednesday, Tesla CEO and the new Twitter…