The CEO of MicroStrategy Says He Will Continue to Buy and Hold Bitcoin

Saylor is satisfied with the results of his investment strategy in Bitcoin since it had allowed them to expand their digital reserves. The executive thinks the migration of Chinese miners has contributed to decentralizing that business, benefiting Bitcoin, the US dollar, and Western technology. In recent days, MicroStrategy CEO Michael Saylor revealed that he owns […]

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Binance Reduced Withdrawal Limits if Users do not verify their Identity

From now on, withdrawals will face a limitation of 0.06 BTC for unverified users. Previously, the maximum amount, with registration without verification, was 2 BTC. Binance is now planning to reduce the maximum daily withdrawal amounts from 2 BTC to 0.06 BTC for those who do not have identity verification. This move is a measure […]

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Spaniards Must Respect Certain Rules to Use Cryptocurrencies

The income tax on investments in cryptocurrencies ranges from 19% to 23% for more than EUR 50,000. All crypto companies must duly register with the BDE and adopt the KYC-AML and CFT measures. The government of Spain has been skeptical of cryptocurrencies since 2018 when they first spoke out against them. Bitcoin and other cryptocurrencies […]

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Vitalik Buterin Explains What Will Happen Following the ETH 2.0 Merge

Vitalik Buterin said that the hard fork implementing the merge does not enable removing a deposit in the PoS system. The merge will change the consensus mechanism from PoW to PoS, which is more ecological, efficient, and secure. Vitalik Buterin said that the Ethereum network had undergone several updates, as all its content will migrate […]

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According to the Central Bank of Russia, Local Exchanges Should Avoid Cryptocurrencies

The bank refers to the announcement as a recommendation rather than a regulation. Exchanges should refrain from including such assets in mutual funds, among other financial services. The Central Bank of Russia (CBR) uses the alleged risks of cryptocurrencies as an argument to recommend local exchanges to avoid trading them. The statement appearing on the […]

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