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December 2021
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Gary Gensler, the chairman of the U.S. SEC has been asked by the United States Senator to provide clarity on regulatory guidance on cryptocurrency. As stated by the senator, in several enforcement actions the SEC has failed to notice the involvement of securities or genuine reason for cryptocurrency status as securities. This would have led to more clarity on regulations.
SEC chairman to provide clarity on crypto regulation Concerning the matter of cryptocurrency regulation, a letter was written to the U.S SEC chairman Gary Gensler by Pat Toomey, member of the U.S. Senate Committee on Urban Affairs, Banking, and Housing. In the letter, U.S. Senator Toomey mentioned expressing his concern about the clarity in cryptocurrency regulation around rising digital money technology, cryptocurrencies. It does not include only Bitcoin, but also stablecoins. The senator came prepared with his volley of questions that U.S SEC chairman Gary is supposed to answer on those. It is all intending to gain additional guidance on the regulations of cryptocurrency. So far, the SEC commission has enforced actions on crypto regulations around seventy-five or more than that. Fines and penalties of around $2.5 billion have also been imposed on the companies that engage in it. Keep following the Cryptoknowmics website, and know about COTI crypto price prediction 2025. Cryptoknowmics
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No crypto ban in Indonesia9/28/2021
It seems Indonesia does not want to follow in the footsteps of China in curbing the use of digital currencies. Straightaway, there will be no crypto ban. According to an official from the Indonesian government, the country won’t be banning cryptocurrencies, but will also ensure that they must not be misused for unlawful activities. The statement came following a rise in the turnover recorded by local crypto exchanges in 2021. No crypto prohibition in Indonesia, but regulations would be strict Unlike China, there will be no ban on digital currencies in Indonesia. Muhammad Luthfi, the Minister of Trade made a special emphasis on it in his comments to local media. He also added that the government is also concerned about their judicial use, and making them less prone to illegal monetary motives like money laundering. In one line he cleared about no crypto prohibition but regulations would be tighter. Some of the top digital currencies like BTC, ETH, and DOGE are classified as assets and commodities in Indonesia. Their legal status lets Southeast Asian nations residents practice trading in these top cryptocurrencies, but not for payment purposes since it is not allowed. So at least Indonesia has set one more example of a crypto-friendly nation with tight regulations. Follow Cryptoknowmics to explore UOS coin price prediction for 2021 and further years. Cryptoknowmics
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Cryptocurrency might have become a successful digital monetary technology still, but it is not looked upon positively from the perspective of the Central Bank of China. It regards activity in digital currency as totally illegitimate. China’s central bank mentioned this in a tough talk on Bitcoin, calling it illegal and taking a pledge to curb it down on the market.
According to a post on a website, PBOC , the services like issuing tokens, trading, virtual currencies derivatives, and matching of the order does not come under any legality in the eyes of law. All these are prohibited. Not only this, but the offering of services by cryptocurrency exchanges overseas is also illegal. PBOC also further stated that the use of the internet by virtual exchanges overseas for providing services to residents is considered an illegal financial activity in China. Adding more to it, the investigation would also be done on the working of crypto exchanges in foreign. The central bank of China also referred to the necessary upgrades in its systems regarding controlling transactions made with cryptocurrencies and plucking out hypothetical investments. Well, there is nothing new that happened in seeing China’s tough stance on cryptocurrency. Earlier, it decided upon pulling down the mining of cryptocurrency. A process that involves a process that requires energy and checks the transactions, and minting of new currency units. This resulted in bringing down the processing power of Bitcoin, as the equipment was taken offline by several miners. Read Cryptoknowmics blogs and find out about free Ethereum cloud mining sites. Cryptoknowmics
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Bitcoin is the most popular digital currency still known today. No matter today there are plenty of altcoins available. This cryptocurrency still holds its dominance over them. If you search for the Bitcoin millionaires list, then you will find the names of so many people who invested in Bitcoin. This year many famous musical artists like Eminem and Lil Pump have shown keen interest in NFT.
American rapper Snoop Dogg is one such example. According to a recent crypto news report, he has disclosed about being a crypto whale as he has a collection of non-fungible tokens. The American rapper even claims to have an anonymous Twitter account in the name of Cozomo de Medici. It is an online character popular for holding NFTs in million dollars. Snoop Dogg discloses his anonymous account Popular American rapper Snoop Dogg has revealed the anonymity of his social media account name, Cozomo de Medici. He has also indicated that the crypto whale is having a collection of NFTs and joining on Opensea.io website, and began a Twitter account. The wallet on Opensea.io revealed a collection of NFTs that was worth $17 million from multiple non-fungible token collections including Snoop Dogg cash, Cryptopunks, and Cosmoflowers. It has been reported that the Opensea account of Snoop Dogg anonymous Twitter account Cozomo ranges around two-hundred-seven NFTs. Log on to the Cryptoknowmics to know about Bitcoin millionaire stories and other crypto-related topics. Cryptoknowmics
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The most handsome actor in the Bollywood industry was once a struggler and then established himself as a successful actor. The son of Pankaj Kapoor has made his wings through his acting career. He was able to write his own destiny with his hard work. His calm and innocent personality describes his talents and sparks hidden inside. Shahid Kapoor has a magnetic personality and his down-to-earth personality makes him the ultimate actor. From being an unnoted actor in ‘Ishk Vishq’, he was able to pull out the best of the characters in the later movies. If you wonder what makes him the best actor, then you should know his unparalleled style of giving justice to his roles no matter what kind of role is. Shahid’s role as an artist is not only limited to acting. He is a multi-dimensional artist. He is a dancer and an entertainer. There is nobody else in the whole Bollywood industry who can pull off the energy and spontaneity. To know more about anything and everything else, visit Blogjab. It is a one-stop platform for all the writers to come and express their views on the diversified topics there are in the world. It helps you to express your views on almost every topic you prefer. Blogja
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This is about the real meaning of beauty. We all assume it is the physical beauty that holds the first impression. A matter of fact is that it is your inner beauty that attracts people. The concept of beauty is just dynamic. It changes with race, caste, creed, and any other kind of discrimination. The light that you have inside of you is what makes you different. The people might want to change the world in the way they are but the truth is the world would only work the way it wants. You have no right to change the world. The respect you get for it is what makes you ‘you.’ The message you leave for the world is the mirror of you. Respect the people and pay your gratitude to everyone, in return, you will get the same. You are going to get what you To know more about anything and everything else, visit Blogjab. It is a one-stop platform for all the writers to come and express their views on the diversified topics there are in the world. It helps you to express your views on almost every topic you prefer. Blogjab
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Hatha yoga is one of the easiest forms of yoga. The first thing that ever comes to your mind when you think of yoga is what is Hatha yoga. Here is what it really means. ‘Ha’- The ‘Sun’ ‘Tha’- The ‘Moon’ Hatha yoga means to bring balance between the two extreme energies inside of you, which are- The Sun and Moon. Tadasana or the mountain pose is the most important pose or asana of hatha yoga. It creates the base of practicing yoga. Another one is Vrikhahasana or the tree pose. The health benefits of hatha yoga are immense but you need to start immersing in this yoga to understand it clearly. The tree pose brings balance to your core and body. The third one is Uttanasana or the standing forward bend. It not only benefits the body but your mind as well. It is quite simple, but it only demands practice. To know more about anything and everything else, visit Blogjab. It is a one-stop platform for all the writers to come and express their views on the diversified topics there are in the world. It helps you to express your views on almost every topic you prefer. Blogjab
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When to invest and sell BTC?9/16/2021 Bitcoin is a popular term in the crypto world. It has been gaining attention since its early days of inception. The dominant cryptocurrency is always known to amaze and surprise the ones who are keen to invest in it. Bitcoin was founded by an anonymous person Satoshi Nakamoto. Its unit called satoshis is derived from its name.
The globally popular crypto token made a high record with $65K in mid-April but came down to $30K. It even bounced back in crossing the target of $42K but traded at $38K. Doing investment is indeed a risky task, as the above example indicates that Bitcoin is a volatile asset. Despite being aware of this fact, investors do not leave any chance of fetching speedy gains from it. In such a complex situation, it is indeed to feel perplexed in deciding which is the right time to invest in bitcoin? If you plan for long-term gains, then buy and hold bitcoin when its price is at a falling state. Remember there is no surety as to when bitcoin will rise or fall further in the next moment of the hour. According to experts from the crypto industry, the volatility in the price of the latter crypto coin does not stay for long. Knowing the truth, one should know that making money via a shortcut is not possible. You should be patient and expert in reading the market trends properly. Cryptoknowmics
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Cryptocurrency has gained immense popularity in the contemporary financial world. Many big companies like Goldman Sachs, JPMorgan, BMW, Starbucks, Coca-Cola, Paypal, Mastercard, Tesla, and many other top firms now accept cryptocurrency as a new payment option. But other than that, there are celebrities like Amitabh Bacchan, Ashton Kutcher, Floyd Mayweather, Mike Tyson, Paris Hilton, R. Madhvan, Prachi Desai, Katy Perry, and others who have shown interest in cryptocurrency. Stephen Curry, the popular Golden State Warriors point guard also joins the list. He is even seeking advice from his million followers regarding crypto. Steve expressed about being the newbie in this digital money world. Many people initiated in giving the professional basketball player on cryptocurrency. Other Celebrities who took crypto advice There are many celebrities from diverse fields around the world who have taken interest in digital currencies and are taking advice from their fans to brief them with pointers. According to a current report from a cryptocurrency website, a famous rapper from America, Busta Rhymes also sought advice on digital currencies. He wanted to know whether he should go for it. Citing another example is boxing legend Mike Tyson who also sought advice from his fans regarding preference for BTC and ETH. Reese Witherspoon, the popular ‘Legally Blonde’ actress informed her fans on Twitter about her ETH purchase. If you seem to be the new entrant to the crypto space, then leave no chance in upgrading yourself with the latest news on Ripple or any other digital currencies. Cryptoknowmic |