Crypto News Cast 📮 16-11-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2643 B
📊24h Mcap %: -173.00%
⚠️Bitcoin Dom: 43.40%
📌Active Coins: 6461
📍24h Vol %: 51.20%
💲24h Vol: $152 B
Crypto News Updates :
- Ripple To Handle First-of-Its-Kind Payment Corridor Between The UAE And Pakistan
- Bitcoin Decentralized Design Offers Freedom From The Corruption In The Government
- Tanzania’s Zanzibar Is Considering Ways To Adopt Cryptocurrency In The Country
- Citizens In Argentina To Start Paying Crypto Taxes Depending On Location
- Marathon, Nasdaq-listed Bitcoin Mining Firm Plans To Raise $500M In Debt To Buy Bitcoin
- Cryptocurrency Should Not Be Banned Says Indian Parliamentary Standing Committee
- U.S Senators Introduce Bill In Order To Amend New Crypto Regulations
- Cardano’s Transaction Volume Doubles, Now Ranks 2nd Most Active Chain
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– Ripple To Handle First-of-Its-Kind Payment Corridor Between The UAE And Pakistan
Bank Alfalah, one of Pakistan’s biggest private banks is teaming up resources with LuLu Exchange, the Abu Dhabi-based remittance and foreign exchange company so as to launch a remittance passage. This means a possible means of Payment between the two countries that will be handled with the assistance of the RippleNet Cloud service, as LuLu Exchange also opened remittance corridors to India and Egypt earlier this year. Read Full on U.Today.
– Bitcoin Decentralized Design Offers Freedom From The Corruption In The Government
The design of Bitcoin is to offer and bring freedom by its unique design of a decentralized network owned by no one, as no government or entity or even an organization can claim ownership to the top Cryptocurrency and by such brings freedom in a world of slavery. Also, it is free from the corruption in the government, where they plunge people into poverty through taxes, credits and debts, and then insist on paying bills to allow them to live. Read Full on Bitcoin Magazine.
– Tanzania’s Zanzibar Is Considering Ways To Adopt Cryptocurrency In The Country
Zanzibar is a semi-autonomous territory in Tanzania with reports revealing considerations on ways to regulate and adopt cryptocurrencies like Bitcoin (BTC). The government of Zanzibar is setting up meetings with stakeholders such as banks and ministries so as to discuss extensively the policies relating to the cryptocurrency industry, as announced by the Minister of State Mudrick Soraga to the Tanzanian news agency The Citizen last week on Wednesday. Read Full on cointelegraph.
– Citizens In Argentina To Start Paying Crypto Taxes Depending On Location
Cryptocurrency taxes are kicking off in Argentina, at least in certain provinces, where users that trade and hold cryptocurrencies must reveal their profits and pay taxes at least in two provinces, namely Cordoba and Tucuman. This is due to the new regulation proposed at the province level that stipulates cryptocurrencies will be taxed like every other international currencies when traded, according to regulation. Read Full on Bitcoin News.
– Marathon, Nasdaq-listed Bitcoin Mining Firm Plans To Raise $500M In Debt To Buy Bitcoin
Marathon Digital Holdings is one of the largest Bitcoin (BTC) mining companies in the United States and it is planning to raise $500 million in debt to purchase Bitcoin and build more new Bitcoin miners. The Nasdaq-listed company reveals a private debt offering with a $500 million aggregate principal amount of its convertible senior notes, with initial purchasers able to buy additional $75 million principal notes after 13 days of issuance. Read Full on cointelegraph.
– Cryptocurrency Should Not Be Banned Says Indian Parliamentary Standing Committee
after the meeting on crypto conducted by the Parliamentary Standing Committee on Finance with the various stakeholders, they reached a conclusion that “cryptocurrency cannot be stopped” but it has to be “regulated”, as according to information by government sources. Actually, This is the first-of-its-kind meeting called by the Standing Committee, with crypto exchanges, block chain and Crypto Assets Council (BACC), and others. Read Full on Hindustan Times.
– U.S Senators Introduce Bill In Order To Amend New Crypto Regulations
After President Joe Biden signed the $1.2 trillion infrastructure bill into law, describing it as “an enormous win for the American people,”. A bipartisan team of U.S. senators introduces a bill, focusing on narrowing some of the infrastructure bill’s cryptocurrency tax reporting rules. Also, Many cryptocurrency investors have given their concerns on how the crypto tax provision of the infrastructure legislation is overly broad. Read Full on Crypto Briefing.
– Cardano’s Transaction Volume Doubles, Now Ranks 2nd Most Active Chain
There seems to be good results after a series of ongoing Cardano network development, as the assets emerged among the top active chains over the last 24 hours as of November 15th, recording $18.24 billion in transaction volume to rank in the second spot behind Bitcoin, as per information by Cardano Daily. Bitcoin has a volume of $21.67 billion, whilst Cardano’s volume was double compared to third-placed Ethereum’s $9.31 billion. Read Full on Finbold.