Crypto News Cast For March 23rd 2022 ?

Crypto News Cast 📮 23-03-2022

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Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap: $1937 B
📊24h Mcap %: 4.22%
⚠️Bitcoin Dom: 41.70%

📌Active Coins: 4523
📍24h Vol %: -8.12%
💲24h Vol: $90 B

Crypto News Updates :

In The Coming Days, Honduras Is Expected To Recognize Bitcoin As Legal Tender
Customers Demand More Crypto-related Services As Interest In Digital Assets Grows
Bitcoin Mining May Be Beneficial To The United States’ Energy Independence
Grayscale Investments Launches Solana, Avalanche, Polygon, And Cardano Smart Contract Fund
reland’s Central Bank Grants Gemini An Electronic Money License
Abu Dhabi Publishes Draft On NFT Trading Recommendations
Acorns, U.S Fintech Firm Adds Cryptocurrency Exposure Using Proshares Bitcoin ETF
Florida Should Allow Businesses To Pay Taxes In Cryptocurrency, Says DeSantis

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– In The Coming Days, Honduras Is Expected To Recognize Bitcoin As Legal Tender

If numerous online sources are to be followed, Honduras could be the next country to recognize Bitcoin (BTC) as legal cash, following El Salvador. El Salvador’s President, Xiomara Castro, is quoted as saying that the country should not be the only one “escaping dollar hegemony.” As per the sources, Castro also stressed Honduras’ right to advance towards the First World, however the information was unsubstantiated at the time of publication. Read Full on Finbold.

– Customers Demand More Crypto-related Services As Interest In Digital Assets Grows

Customer’s interest in the growing cryptocurrency asset class remains strong, according to a number of Australia’s leading banks, super funds, and financial institutions. On the first day of Blockchain Australia’s five-day Blockchain Week conference in Sydney, representatives from Visa, Macquarie, the Commonwealth Bank, and JP Morgan all claimed that their customers were pushing them to provide more cryptocurrency-related services. Read Full on Finbold.

– Bitcoin Mining May Be Beneficial To The United States’ Energy Independence

Texas Congressman Pete Sessions has made a bold declaration about the impact Bitcoin (BTC) mining will have not only on his state, but on the entire United States. The Texan congressman, who is a proponent of Bitcoin mining, tweeted on Tuesday that Bitcoin mining will be essential in restoring the United States’ energy independence. Both admirers and detractors reacted to his statement. Senator Cynthia Lummis of Wyoming was one of the supporters.Read Full on cointelegraph.

– Grayscale Investments Launches Solana, Avalanche, Polygon, And Cardano Smart Contract Fund

Grayscale, a cryptocurrency asset management company, is adding non-Ethereum smart contract tokens to its line of investment funds. The Grayscale Smart Contract Platform ex Ethereum fund, or GSCPxE, lets investors participate in some of the most popular smart contract networks and Ethereum sidechains. Cardano, Solana, Avalanche, Polkadot, Polygon, Algorand, and Stellar are among the altcoins included in the fund. Read Full on Decrypt.

– Ireland’s Central Bank Grants Gemini An Electronic Money License

The Central Bank of Ireland has awarded Gemini, a cryptocurrency custody and exchange based in the United States, an electronic money (e-money) license. According to The Irish Times, the crypto exchange originally filed for the license in early 2020, partly owing to the impact of Brexit. Later in 2021, Gemini opened an office in Dublin, and former chief strategy officer Gillian Lynch was named to manage operations in the Irish city. Read Full on CryptoPotato.

– Abu Dhabi Publishes Draft On NFT Trading Recommendations

On Monday, the emirate’s free zone, Abu Dhabi Global Market (ADGM), released a consultation paper titled “Proposals for upgrades to capital markets and virtual assets in ADGM.” The publication includes proposed guidelines for nonfungible token (NFT) trading, among other asset types. Companies holding a license from the free zone’s financial regulator would be permitted to facilitate NFT trading, according to the report. Read Full on cointelegraph.

– Acorns, U.S Fintech Firm Adds Cryptocurrency Exposure Using Proshares Bitcoin ETF

Acorns, a fintech business based in the United States, announced on Tuesday that demand for bitcoin investments has surged. The company, situated in Irvine, California, specializes in micro-investing and robo-investing. Also, it falls on Acorn to determine how much of a customer’s portfolio can be invested in the Proshares Bitcoin Strategy ETF (NYSE: BITO), which can be up to 5%. Read Full on Bitcoin News.

– Florida Should Allow Businesses To Pay Taxes In Cryptocurrency, Says DeSantis

Governor Ron DeSantis of Florida has stated that the state is working on a plan to allow businesses to pay taxes in cryptocurrencies. DeSantis, a prospective Republican presidential candidate in 2024, has been promoting the state’s burgeoning status as a crypto investment hotspot, with companies like Blockchain.com establishing offices in Miami. He proposed a program in December to allow firms to pay state fees in digital currency. Read Full on bloomberg.

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