Crypto News Cast 📮 29-11-2021
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
📈MarketCap: $2630 B
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Crypto News Updates :
- Bank Of Tanzania Starts Preparations For The Launch Of Its Own CBDCs
- Litecoin And Solana Based Investment Products Outperformed Bitcoin
- Robert Kiyosaki Buying More Bitcoin And Ethereum As Inflation Rise
- Study Shows That 8.3% Of South Africans Respondents Own NFTs
- Crypto Exchanges Now Under UK Digital Services Tax Levy In New Announcement
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– Bank Of Tanzania Starts Preparations For The Launch Of Its Own CBDCs
Bank of Tanzania, the country’s central bank, kicks off the process of launching its own digital currency, as Governor Florens Luoga reportedly reveals the news at the central bank-organized 20th Conference of Financial Institutions (COFI) on Thursday. According to him, “the Bank of Tanzania has already begun preparations to have its own CBDC” in order to make sure that the country is not left behind the adoption of CBDCs. Read Full on theblockcrypto.
– Litecoin And Solana Based Investment Products Outperformed Bitcoin
Bitcoin-based investment products are facing stiff competition from altcoin-based products, according to cryptocurrency data firm CryptoCompare. In a new report, BTC-based investment products were outperformed by Solana and Litecoin-based products, led by 21Shares’ ASOL (Solana-based product) and Grayscale’s LTCN (Litecoin-based product), which returned 22.0% and 14.9% respectively. This shows that Litecoin and Solana had better returns than Bitcoin. Read Full on dailyhodl.
– Robert Kiyosaki Buying More Bitcoin And Ethereum As Inflation Rise
Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, revealed on Twitter last week that he was buying more bitcoin (BTC) and ethereum (ETH) in response to the alarming rise in inflation. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. He further said that be smart and become rich by investing in gold, silver, bitcoin, ethereum, rental real estate and oil. Read Full on Bitcoin News.
– Study Shows That 8.3% Of South Africans Respondents Own NFTs
Recent study by the latest Finder online survey shows about 8.3% of the 1,205 South African internet users own a non-fungible token (NFT). This makes South Africa the 12th ranked country with highest NFT adoption in the world. Also, the survey shows that 9.4% of polled South Africans are planning to own one, together with the total number of internet users that already own NFTs, South Africa’s NFT adoption could see an increase to 17.8%. Read Full on Bitcoin News.
– Crypto Exchanges Now Under UK Digital Services Tax Levy In New Announcement
Her Majesty’s Revenue and Customs (HMRC) recent update on regulations is the introduction of a digital services tax that will be placed on crypto exchanges operating in the United Kingdom. This means, Crypto exchanges in the UK will now have to pay a 2% digital services tax as per Telegraph report. Britain’s tax authority, HMRC does not consider digital assets as financial instruments, making exchanges not eligible for financial exemptions. Read Full on cointelegraph.
