Romance scams are gaining ground beyond dating apps and now involve even cryptocurrencies and victims turned into money “mules”, according to the FBI, which warns that on Valentine’s Day 2021 at least 24,000 lovers fell for one of them. these modalities in the United States. “Anyone, anywhere can become a victim of a romance scam. […]
Tag: Cryptocurrencies
Uber admits that it could receive payments in cryptocurrencies “at some point”
Dara KhosrowshahiCEO of Uber, revealed that the passenger transport application could accept cryptocurrencies as a means of payment in the not too distant future. In an interview with Bloomberg, Khosrowshahi said that he and his team are constantly discussing this possibility, although some factors hold them back. “Will Uber accept cryptocurrencies in the future?” Was […]
The need to legislate on stable cryptocurrencies would be urgent
Congress must act quickly to pass legislation that creates regulatory limits for the fast-growing market for cryptocurrencies stable, according to Treasury Undersecretary for Domestic Finance Nellie Liang. “This is an urgent issue given the rapid growth of this market,” he told Bloomberg in an interview ahead of Tuesday’s House Financial Services Committee hearing on the […]
Cryptocurrency fever also reaches mortgages in the US.
The adoption of cryptocurrencies continues to gain ground in the United States, with bars, businesses, ATMs and, now, even the possibility of using them for mortgage loans, as proposed by a Miami (Florida) financial technology company. The world of financial services is undergoing a revolution. Classic banking is no longer the only actor: with cryptocurrencies […]
Five recommendations to start investing in cryptocurrencies
Cryptocurrencies have become very popular in recent years for being a digital asset that ensures the integrity of transactions. That is why more and more people venture to become “traders” hoping to achieve a great return on investment. However, what every new investor should know is that developing a strategy is essential to optimize your […]
Four reasons bitcoin is tanking: should you buy now?
Bitcoin is down 8.5% since the start of the year, according to data from CoinMarketCap and has lost nearly 40% of its value since its November high. The market capitalization of the grandfather of the cryptocurrency world represents around 40% of the total cash invested in digital currencies and is by far the largest and […]
Bank for International Settlements Urges Regulation of Private Stablecoins
The CEO of the Bank for International Settlements (BIS), Agustín Carstens, has called for proper regulation of private stablecoins to address risks such as leaks and concentration of economic power following the launch of Facebook’s Novi digital wallet. Carstens told a virtual conference organized by the Goethe University of Frankfurt that “anywhere stablecoins are issued, […]
Crypto Investors Victory Over Biden Plan Stop
Updated on 12/21/2021 02:58 am The uproar around President Joe Biden’s flagship economic plan is a temporary victory for crypto investors who were faced with the possibility of higher taxes on capital gains if it were enacted. Amid the version of the plan that the House of Representatives approved in November were two measures that […]
Texas, after blackouts, seeks to be the capital of cryptocurrencies
Updated on 11/22/2021 02:09 am Texas, which now houses the most vulnerable electricity grid in USA, it would be on the verge of being affected by an increase in electricity demand that would be twice that of Austin. Due to its low energy rates and economic liberalism an army of cryptocurrency miners plans to head […]
BCRP works on digital currency for future markets
The president of the Central Reserve Bank of Peru (BCRP), Julio Velarde, reported that they are working on the creation of a digital currency to connect us to the payment systems of the future. During the first day of CADE Executives, the banker recalled that the payment system that we are going to have, between […]