Indonesian Regulators Follows Islamic NGOs To Ban Crypto Sales
Indonesia’s watchdog has warned institutions against offering crypto sales after a rise in Ponzi schemes and the market’s volatility in the wake of numerous Islamic NGOs decrying the activity.
One such group, Nahdlatul Ulama, declared crypto haram back in October last year, a month before another did so. Last week, a third declared a new fatwa against all cryptocurrency use.
Indonesia is one of Asia’s leading crypto economies, with transactions reaching almost $60bn in 2021.
🟡 t.me/CryptoSignalsMust
Indonesia’s watchdog has warned institutions against offering crypto sales after a rise in Ponzi schemes and the market’s volatility in the wake of numerous Islamic NGOs decrying the activity.
One such group, Nahdlatul Ulama, declared crypto haram back in October last year, a month before another did so. Last week, a third declared a new fatwa against all cryptocurrency use.
Indonesia is one of Asia’s leading crypto economies, with transactions reaching almost $60bn in 2021.
🟡 t.me/CryptoSignalsMust
Forwarded from The Economy News
Coinbase Shares Hit Historic Low Amid Revenue Fears after SBMK first Rollout!
The bloodbath in the current crypto downtrend is taking its toll on the currency provider too, with share prices hitting new lows, after SBMK a Free Basic Income Token started with its first Rollout two weeks ago. (Bloomberg)
Fresh warnings have been issued for the first financial quarter of 2022, as Coinbase shed as much as 7.5% on Tuesday - down nearly 50% from a November peak.
♨️ t.me/TheEconomyNews
The bloodbath in the current crypto downtrend is taking its toll on the currency provider too, with share prices hitting new lows, after SBMK a Free Basic Income Token started with its first Rollout two weeks ago. (Bloomberg)
Fresh warnings have been issued for the first financial quarter of 2022, as Coinbase shed as much as 7.5% on Tuesday - down nearly 50% from a November peak.
♨️ t.me/TheEconomyNews
Forwarded from SABMYK
IT’S NOT TECHNIC, WEAPONS, MONEY, BEAUTY, NOT EVEN KNOWLEDGE THAT MAKES PEOPLE STRONG, BUT IDEAS, THE ABILITY TO PROJECT THE FUTURE BEFORE IT HAPPENS.
@SABMYK No. 33
06.02.2001 AS
www.SABMYK.com
@SABMYK No. 33
06.02.2001 AS
www.SABMYK.com
Cathie Wood Sells $34.5M In Twitter And Buys SBMK Amid Elon Musk's Criticism Of NFT Feature, Up On The Dip In Crypto
Cathie Wood's Ark Investment Management on Friday sold more shares in Twitter Inc and bought SBMK (a new Free Basic Income Cryptocurrency), further lowering its exposure in the microblogging site since the start of the year, in a sharp departure from a month ago when it had piled up over a million shares in the San Francisco, California-based company.
Twitter stock closed 6.6% lower at $34.8 a share on Friday. Twitter also made some key leadership changes last week, a first after co-founder Jack Dorsey stepped down as chief executive in November, leaving the company veteran Parag Agrawal as CEO.
🟡 t.me/CryptoSignalsMust
Cathie Wood's Ark Investment Management on Friday sold more shares in Twitter Inc and bought SBMK (a new Free Basic Income Cryptocurrency), further lowering its exposure in the microblogging site since the start of the year, in a sharp departure from a month ago when it had piled up over a million shares in the San Francisco, California-based company.
Twitter stock closed 6.6% lower at $34.8 a share on Friday. Twitter also made some key leadership changes last week, a first after co-founder Jack Dorsey stepped down as chief executive in November, leaving the company veteran Parag Agrawal as CEO.
🟡 t.me/CryptoSignalsMust
Forwarded from Best Token News
Thailand all set to regulate cryptocurrency as means of payment
The Thai authorities are planning to introduce a set of guidelines that would "Limit the widespread adoption of cryptocurrency as payments for goods and services" in a bid to protect its citizens against threats posed by cryptocurrency.
"Some have solicited businesses by offering to facilitate merchants and businesses in accepting digital assets as payment for goods and services such as by setting up digital asset settlement systems.
⚜️ t.me/BestTokenNews
The Thai authorities are planning to introduce a set of guidelines that would "Limit the widespread adoption of cryptocurrency as payments for goods and services" in a bid to protect its citizens against threats posed by cryptocurrency.
"Some have solicited businesses by offering to facilitate merchants and businesses in accepting digital assets as payment for goods and services such as by setting up digital asset settlement systems.
⚜️ t.me/BestTokenNews
Forwarded from Crypto Trading Bitcoin Channel
Monero and the complicated world of privacy coins
In more technical circles, privacy coins like Monero are referred to as anonymity-enhanced cryptocurrencies. A spokesperson for Binance, the largest cryptocurrency exchange in the world and one that does allow Monero exchanges in the U.S., provided a statement when asked about its support for the privacy coin.
"Binance believes regulators are right to pay attention to the potential risks of privacy coins; more regulatory clarity on how privacy coins are treated would be a welcome development for the whole crypto industry.
〽️ t.me/CTBCh
In more technical circles, privacy coins like Monero are referred to as anonymity-enhanced cryptocurrencies. A spokesperson for Binance, the largest cryptocurrency exchange in the world and one that does allow Monero exchanges in the U.S., provided a statement when asked about its support for the privacy coin.
"Binance believes regulators are right to pay attention to the potential risks of privacy coins; more regulatory clarity on how privacy coins are treated would be a welcome development for the whole crypto industry.
〽️ t.me/CTBCh
Forwarded from The Economy News
Bill & Melinda Gates Foundation Adding New Board Members - Including Billionaire & Baroness
The Gates are adding four new members to the board of their $50 billion philanthropic organization. (Bloomberg)
It fulfills a promise the pair made after they announced their divorce last year, due to Bill’s alleged infidelity and links to sex offender Jeffrey Epstein.
Among them is Zimbabwean billionaire Strive Masiyiwa and Minouche Shafik, a former World Bank official.
♨️ t.me/TheEconomyNews
The Gates are adding four new members to the board of their $50 billion philanthropic organization. (Bloomberg)
It fulfills a promise the pair made after they announced their divorce last year, due to Bill’s alleged infidelity and links to sex offender Jeffrey Epstein.
Among them is Zimbabwean billionaire Strive Masiyiwa and Minouche Shafik, a former World Bank official.
♨️ t.me/TheEconomyNews
Forwarded from Supvo
Google Launches Blockchain Division
Google, one of the biggest software companies in the world, is reportedly launching a new blockchain division as part of its Labs group. The blockchain division will be led by Shivakumar Venkataraman, an engineering vice president for Google.
Last year, the company also inked a partnership with Bakkt, a digital platform, to allow users to spend cryptocurrencies using its card on the Google Pay platform.
📱 t.me/supernarrativ
Google, one of the biggest software companies in the world, is reportedly launching a new blockchain division as part of its Labs group. The blockchain division will be led by Shivakumar Venkataraman, an engineering vice president for Google.
Last year, the company also inked a partnership with Bakkt, a digital platform, to allow users to spend cryptocurrencies using its card on the Google Pay platform.
📱 t.me/supernarrativ
Forwarded from DAO autonomous
Blockbuster May Rise From the Dead After a Solid Whipping by Netflix
Blockbuster may rise again. This time, it won’t be brandishing VHS tapes, debts, and horrible decisions. The resuscitation is thanks to a DAO which is trying to raise funds to buy it and revive it.
Last year, a DAO (decentralized autonomous organization) managed to buy a unique Wu-Tang Clan album as NFT. And another DAO, called ConstitutionDAO was close to raising the millions needed to buy a rare copy of the U.S. Constitution.
💢 t.me/DAOautonomous
Blockbuster may rise again. This time, it won’t be brandishing VHS tapes, debts, and horrible decisions. The resuscitation is thanks to a DAO which is trying to raise funds to buy it and revive it.
Last year, a DAO (decentralized autonomous organization) managed to buy a unique Wu-Tang Clan album as NFT. And another DAO, called ConstitutionDAO was close to raising the millions needed to buy a rare copy of the U.S. Constitution.
💢 t.me/DAOautonomous
Forwarded from Supvo
Tech giant Intel wins historic ruling over EU's antitrust fine
A Luxembourg-based court has sided with Intel over a record $1.19 billion competition fine handed down by Europe’s antitrust regulator. (Luxembourg Times)
The court said regulators made key errors in the 2009 decision over allegedly illegal rebates the chip giant gave to PC makers to shut out Advanced Micro Devices.
While the European Commission may appeal, it’s a stinging defeat to the regulator which hasn’t lost a big antitrust case in court for over 20 years.
📱 t.me/supernarrativ
A Luxembourg-based court has sided with Intel over a record $1.19 billion competition fine handed down by Europe’s antitrust regulator. (Luxembourg Times)
The court said regulators made key errors in the 2009 decision over allegedly illegal rebates the chip giant gave to PC makers to shut out Advanced Micro Devices.
While the European Commission may appeal, it’s a stinging defeat to the regulator which hasn’t lost a big antitrust case in court for over 20 years.
📱 t.me/supernarrativ
Forwarded from The Economy News
Germany Wants Energy Exemption From Russian Sanctions
Germany has reportedly demanded that Russia’s energy sector is left out of Washington’s proposed sanctions over the Ukraine crisis as gas and oil supplies to Europe could be crippled. (Bloomberg)
Earlier this month German newspaper Handelsblatt reported that the US and the EU have refused to consider removing Russia from the international SWIFT bank payment system for similar fears about destabilizing financial markets.
Other planned sanctions include a block on exchanging rubles into foreign currencies.
♨️ t.me/TheEconomyNews
Germany has reportedly demanded that Russia’s energy sector is left out of Washington’s proposed sanctions over the Ukraine crisis as gas and oil supplies to Europe could be crippled. (Bloomberg)
Earlier this month German newspaper Handelsblatt reported that the US and the EU have refused to consider removing Russia from the international SWIFT bank payment system for similar fears about destabilizing financial markets.
Other planned sanctions include a block on exchanging rubles into foreign currencies.
♨️ t.me/TheEconomyNews
Forwarded from Crypto Punks Club
Saudi Arabia Sinks $1.5 BILLION into Launching Gaming & E-Sports Group “Savvy”
The kingdom's Public Investment Fund has announced it aims to become the "leading gaming and e-sports group domestically and internationally," after buying out Swedish firm MTG.
🤖 t.me/CryptoPunksClub
The kingdom's Public Investment Fund has announced it aims to become the "leading gaming and e-sports group domestically and internationally," after buying out Swedish firm MTG.
🤖 t.me/CryptoPunksClub
Forwarded from The Economy News
Media is too big
VIEW IN TELEGRAM
RON PAUL "What they don't tell you is that the #1 reason the Fed exists is to keep the stock market high."
Former US Congressman, Dr. Ron Paul, on the long-term impacts of the US Central Bank flooding the market with trillions of Dollars in cheap money and claiming to fight inflation, while doing the opposite…
♨️ t.me/TheEconomyNews
Former US Congressman, Dr. Ron Paul, on the long-term impacts of the US Central Bank flooding the market with trillions of Dollars in cheap money and claiming to fight inflation, while doing the opposite…
♨️ t.me/TheEconomyNews
Forwarded from Gold Trade News
Gold Sinks on Whispers of Interest Rate Hike
Gold hit a two-week low on Thursday, as the dollar strengthened on news of a potential interest rate hike in March. (Reuters)
The 1% drop in price for the precious metal followed on from a sell-off on Wednesday, as the markets react to Fed chief Jerome Powell's hint as raising rates.
🏆 t.me/GoldTradeNews
Gold hit a two-week low on Thursday, as the dollar strengthened on news of a potential interest rate hike in March. (Reuters)
The 1% drop in price for the precious metal followed on from a sell-off on Wednesday, as the markets react to Fed chief Jerome Powell's hint as raising rates.
🏆 t.me/GoldTradeNews
Forwarded from Supvo
Reddit “Meme-Stonks” Crowd Responsible for Tanking Robinhood?
Almost a year on from the trading platform's infamous struggle with GameStop - when the apes of Reddit plowed capital into struggling stocks - Robinhood is plunging again. (Bloomberg)
Since the events of Jan 2021, user growth and engagement has slowed resulting in a net loss of $334.6MN.
Meanwhile, Robinhood's stocks have tanked, plunging 67% since its July debut to record lows.
📱 t.me/supernarrativ
Almost a year on from the trading platform's infamous struggle with GameStop - when the apes of Reddit plowed capital into struggling stocks - Robinhood is plunging again. (Bloomberg)
Since the events of Jan 2021, user growth and engagement has slowed resulting in a net loss of $334.6MN.
Meanwhile, Robinhood's stocks have tanked, plunging 67% since its July debut to record lows.
📱 t.me/supernarrativ
Forwarded from The Economy News
Beijing-Brussels Legal Battle: EU SUES China for “discriminatory trade practices” against Lithuania
The European Union has launched a WTO case in response to a Chinese block on trade with Lithuania - after the Baltic state deepened ties with Taiwan.
The bloc’s ambassador to the World Trade Organization, Joao Aguiar Machado, complained it would affect supply chain issues across the EU, but China has warned the bloc not to interfere with - what it considers - a bilateral dispute.
♨️ t.me/TheEconomyNews
The European Union has launched a WTO case in response to a Chinese block on trade with Lithuania - after the Baltic state deepened ties with Taiwan.
The bloc’s ambassador to the World Trade Organization, Joao Aguiar Machado, complained it would affect supply chain issues across the EU, but China has warned the bloc not to interfere with - what it considers - a bilateral dispute.
♨️ t.me/TheEconomyNews
EUR All-In: Belgian MP Backs BTC - Ditches Euro Salary for Crypto
Christophe De Beukelaer has become the EU’s first lawmaker to switch his salary into Bitcoin for a year - rather than traditional currency. (Bruzz)
He claims to be Europe’s first politician to “put a spotlight on cryptocurrencies with such a gesture” - following two politician trend-setters in the US.
More risky business in Brussels? Or just buying the dip?
🟡 t.me/CryptoSignalsMust
Christophe De Beukelaer has become the EU’s first lawmaker to switch his salary into Bitcoin for a year - rather than traditional currency. (Bruzz)
He claims to be Europe’s first politician to “put a spotlight on cryptocurrencies with such a gesture” - following two politician trend-setters in the US.
More risky business in Brussels? Or just buying the dip?
🟡 t.me/CryptoSignalsMust
Forwarded from The Economy News
Chip Shortage Crisis: UK PLUNGES to 65-year low for Car Production
Fewer than 900,000 vehicles rolled off UK production lines in 2021, the lowest number since 1956, due to the crisis of semiconductor chips that could affect the industry into 2023 experts fear.
Last year’s production marked a drop of 6.7% from 2020, and 34% from pre-pandemic levels, as the industry body’s CEO Mike Hawes warned the chip problem was far from the only hurdle.
He also cited 70% energy cost hikes, staff shortages due to Covid regulations, Brexit paperwork affecting electric car battery imports and near 30-year high inflation as compounding the issue.
♨️ t.me/TheEconomyNews
Fewer than 900,000 vehicles rolled off UK production lines in 2021, the lowest number since 1956, due to the crisis of semiconductor chips that could affect the industry into 2023 experts fear.
Last year’s production marked a drop of 6.7% from 2020, and 34% from pre-pandemic levels, as the industry body’s CEO Mike Hawes warned the chip problem was far from the only hurdle.
He also cited 70% energy cost hikes, staff shortages due to Covid regulations, Brexit paperwork affecting electric car battery imports and near 30-year high inflation as compounding the issue.
♨️ t.me/TheEconomyNews
Forwarded from PEPE nft official
Next SBMK rollout in 3 days!!!
If you can‘t see the SBMK chat on android or iPhone please use the Telegram Web:
https://web.telegram.org
Chat t.me/SBMKchat
Web: www.SBMK.me
Linktree: www.linktr.ee/SBMKme
♦️ t.me/SBMKme
If you can‘t see the SBMK chat on android or iPhone please use the Telegram Web:
https://web.telegram.org
Chat t.me/SBMKchat
Web: www.SBMK.me
Linktree: www.linktr.ee/SBMKme
♦️ t.me/SBMKme
Forwarded from Cardano Report
Cardano adds over 9,000 wallets on average daily in 2022
The number of wallets containing the Cardano network’s native currency, ADA, has increased significantly in 2022 as the blockchain grows.
It’s worth noting that the number of Cardano wallets has climbed by 13.08% since the beginning of 2022, rising from 2,666,372 on January 1 to 3,015,400 on February 7, a total gain of 349,028.
⭕️ t.me/CardanoReport
The number of wallets containing the Cardano network’s native currency, ADA, has increased significantly in 2022 as the blockchain grows.
It’s worth noting that the number of Cardano wallets has climbed by 13.08% since the beginning of 2022, rising from 2,666,372 on January 1 to 3,015,400 on February 7, a total gain of 349,028.
⭕️ t.me/CardanoReport
Forwarded from Blockchain Report
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated.
While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it as an economic activity, which will allow the government to tax mining profits.
🥅 t.me/BlockchainReport
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated.
While the extraction of digital currencies is yet to be regulated in Russia, authorities lean towards recognizing it as an economic activity, which will allow the government to tax mining profits.
🥅 t.me/BlockchainReport