Search results for "cryptocurrency investment"

Limited Support for Central Bank Digital Currencies in Global Investment Industry Survey

The latest comprehensive survey conducted by the CFA Institute, encompassing over 4,150 respondents from the global investment industry, revealed limited support and a lack of understanding regarding CBDC adoption. LONDON (Reuters) -The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack […]

To Invest or Not to Invest: The Cryptocurrency Conundrum

Cryptocurrency conundrum and its potential for success is uncertain, and it is important to consider practical use cases, regulatory environments, and technological flaws when evaluating it. · Practical use cases and staying power can drive long-term growth. · Regulation is necessary to protect investors, but a balance must be struck with innovation. As I sit […]

Why Cryptocurrency Will Fail? Why It Won't? 

During the last few years, cryptocurrencies have developed from digital wonders to trillion-dollar technologies with the possibility to disrupt the international financial system. Bitcoin like hundreds of other cryptocurrencies is increasingly kept as assets and employed as currencies to buy goods and services, such as digital real estate, software, and illegal drugs.  To their supporters, […]

Zambia to Finish Cryptocurrency Regulation Tests by June - Minister

Zambia is planning to finish tests that simulate real-world cryptocurrency usage by the end of June to help it create regulations that balance citizens’ safety with innovation, science and technology minister Felix Mutati told Reuters. The southern African country also needs digital infrastructure, including digital identities, before cryptocurrencies can be introduced, Mutati said in an […]

Ex-Deutsche Bank Investment Banker Charged in US with Crypto Fraud

A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors whom he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling and other personal expenses, federal prosecutors […]

Reflecting on the Cryptocurrency Terra Luna Crash

The Cryptocurrency Terra Luna crash shocked the crypto world upon its unfolding a while back. In an upset that shook the crypto world, Terra came crashing down. The Cryptocurrency Terra Luna’s plummet towards the crypto abyss was so impactful it de-pegged the stablecoin TetherUSD(UST). Such a massive collapse can teach us a lot upon reflecting […]

What is the Future of Cryptocurrency in India?

Over the past ten years, especially over the last three, the crypto sector has expanded from a tiny group of creators to a trillion-dollar worldwide business encompassing advanced technology, a wide range of applications, and millions of users. India is at the forefront of these changes. With a sizable portion of the population eager to […]

3 Cryptocurrency Regulations Coming for South Africa

Cryptocurrency is gaining speed in South Africa, as the government made it clear in its 2022 Budget Speech that it is taking it very seriously, says Tax Consulting SA.  In the Budget Review 2022, the government established its cards on the table by proposing that regulatory bodies safeguard the crypto owner, the firm said.   Tax […]

Ukraine, Russian Conflict Crashes Cryptocurrency Market

Russia’s probable invasion of its neighboring country, Ukraine, has reached the cryptocurrency market as decentralized assets’ valuation crashed with escalated tensions, resulting in cryptocurrency investors offloading their assets to safeguard their portfolios before any risky price fall. On Friday, U.S. President Joe Biden revealed that Russia’s President Vladimir Putin decided to take control of Ukraine, […]