🥇 The Future of Cryptocurrency 🥇

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📣 Crypto Exchange Binance Approved by French Regulator as a Fully Regulated Digital Asset Service Provider Cryptocurrency exchange Binance has received regulatory approval from the French financial regulator to operate as a registered digital asset service provider. “Binance will significantly scale our operations in France to make crypto and our services more accessible to all,” the exchange said. Binance is now a fully regulated digital asset service provider in France. Follow & share 👉 @FutureCryptoBusiness

📣 Bitcoin of America Launches New Website and Blog Bitcoin of America has officially launched a newly redesigned website and blog. The popular operator has created an all-new modern design that features their services. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. The popular operator has made a lot of exciting changes this year. They recently announced their addition of dogecoin to their Bitcoin ATMs. They also have continued their promotion for women in crypto by sending their all-female team to Bitcoin 2022 in Miami for a second time. Bitcoin of America has seen tremendous growth already in 2022. They currently have around 2000 Bitcoin ATMs across the United States. Follow & share 👉 @FutureCryptoBusiness

📣 Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investing in cryptocurrency are already able to purchase four different crypto assets directly from the home banking app of the financial institution, making it reportedly the first bank to offer this possibility to Argentinian customers. Follow & share 👉 @FutureCryptoBusiness

📣 Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face fines, among other penalties, including prohibition to carry out their respective activities. Follow & share 👉 @FutureCryptoBusiness

📣 Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this year to test transactions to the back-end developed by the regulator. Follow & share 👉 @FutureCryptoBusiness

📣 Switzerland Has 'the Most Profitable Bitcoin Traders' Worldwide, While France 'Is the Best Bitcoin Trading Nation' According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz assign each country a score in terms of the most profitable bitcoin trading by country. It is France [that claims] the title of best bitcoin traders. But there must be something in the water in mainland Europe, because their dominance of the top of the table is clear. Follow & share 👉 @FutureCryptoBusiness

📣 Founder of Zimbabwean Fintech Startup: 'Everyone Has a Right to Access Funds and Financial Freedom' Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Everyone has a right to access funds and financial freedom and we can achieve this through bitcoin. Follow & share 👉 @FutureCryptoBusiness

📣 Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the IMF says. This is occurring against a longer-term increase in such cross-border transactions, bringing to the fore the challenges of applying capital flow measures and sanctions. Follow & share 👉 @FutureCryptoBusiness

📣 Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the IMF says. This is occurring against a longer-term increase in such cross-border transactions, bringing to the fore the challenges of applying capital flow measures and sanctions. Follow & share 👉 @FutureCryptoBusiness

📣 Europe’s Largest Electronics Retailer to Install Bitcoin ATMs Media-Markt, the number one electronics retailer in Europe, has decided to roll out Bitcoin ATMs at twelve of its branches throughout Austria, according to a report by local newspaper Kleine Zeitung. Customers will be able to purchase Bitcoin at Kurant vending machines. Kurant, which was founded as a spin-off of Coinfinity back in 2017, currently operates 200 Bitcoin ATMs in Austria, Spain, Greece, and Germany. Media-Markt started testing such functionality in 2019 at one of its branches in Vienna. It has now decided to expand it due to strong demand. Follow & share 👉 @FutureCryptoBusiness

📣 Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’ The Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark. A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as the fiat ruble. However, the sources these outlets have used to back their claims do not appear to give any backing to such claims. Follow & share 👉 @FutureCryptoBusiness

📣 Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these transactions if they suspect there are suspicious circumstances involved, such as those related to identity theft or money laundering. It may happen that the bank has suspicions that identity theft with credential theft is taking place. There are frequent cases of fraud in which there is fraudulent access to the accounts of the clients of an entity after having stolen their passwords from the client, and which end in a transfer to acquire cryptocurrencies. Follow & share 👉 @FutureCryptoBusiness

📣 Tanzania Officials Want Global Clarity on CBDCs and Crypto Assets Officials from Tanzania’s financial sector have called for a clearer global consensus on central bank digital currencies (CBDCs) and crypto-assets. The officials agreed that more discussions still need to be carried out before a final decision is made. The central bank is finalising preparations of a business case for [the] establishment of a CBDC in Tanzania and evaluation of crypto assets after recording significant progress. Follow & share 👉 @FutureCryptoBusiness

📣 Mexico's Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to 'Save Your Skin' The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s. Follow & share 👉 @FutureCryptoBusiness

📣 UK Regulator Allows 5 Crypto Firms to Operate With Temporary Registration Britain’s top financial regulator, the Financial Conduct Authority (FCA), has allowed five crypto firms to continue to operate in the U.K. with temporary registration. The deadline for crypto firms to register with the FCA was last week but these five firms’ applications are still pending. Follow & share 👉 @FutureCryptoBusiness

📣 Coinbase Ranks Top Among Crypto Exchanges, ‘Oligopoly’ Seen on Horizon The US-based crypto exchange came in with the top score in CryptoCompare’s latest Exchange Benchmark Report, with a strong team and compliance with regulations making the exchange stand out among its peers. Meanwhile, further industry consolidation is expected, with the possibility of “an oligopoly” forming. Per the report, Coinbase is followed by the major exchanges , , and - and these are the only four exchanges with an ‘AA’ final grade in the ranking of global crypto exchanges. Among the four exchanges, Bitstamp and Gemini both scored significantly higher than others in terms of the “quality/diversity of assets.” Coinbase, meanwhile, scored markedly higher than the others in terms of the team and regulation. Follow & share 👉 @FutureCryptoBusiness

📣 Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring session. Follow & share 👉 @FutureCryptoBusiness

📣 EU Designates ESMA as Crypto Regulator of the Region in Latest MiCA Draft The Parliament of the EU has designated ESMA, the European Securities and Markets Authority, the top cryptocurrency regulator of the region in the latest draft of MiCA, the Markets in Crypto Assets regulation. The European organization would have the task of licensing crypto-related institutions and exchanges, putting national regulators under its authority. Follow & share 👉 @FutureCryptoBusiness

📣 Mexican Senator Moves to Make Bitcoin Legal Tender Mexican lawmaker Indira Kempis (pictured) plans to propose legislation on a money law in addition to a bill to guarantee financial inclusion and financial education. Bitcoin law, said Samson Mow, formerly of Blockstream and now at a new company he has formed called Jan 3, for January 3 2009 when the bitcoin genesis block was mined. A bitcoin ambassador to nation states, was how Mow was described by David Portnoy of Barstool Sports. Mow is working with Kempis to arrange a meeting with the Mexican president to discuss bitcoin as legal tender, Kempis said. Follow & share 👉 @FutureCryptoBusiness

📣 A Look at the First Quarter's Top Performing Cryptocurrencies in 2022 The first quarter of 2022 has come to an end and specific digital currency markets have seen a lot of action during the last three months. Out of the top ten digital currencies, terra (LUNA) saw the biggest gains, jumping more than 43% higher against the U.S. dollar in Q1. Out of the top 30 crypto assets, unus sed leo (LEO) spiked 58% higher in value against the dollar over the last three months. Follow & share 👉 @FutureCryptoBusiness

📣 Coinbase Launches New Debit Card Amid Intensified Competition Among Exchanges, Platforms As crypto industry players continue to lure customers with debit cards that offer an expanding range of benefits and bonuses, major crypto exchange Coinbase has rolled out a new card that promises more crypto rewards and no transaction fees under certain terms. Coinbase said in a statement that its card’s forthcoming rotating rewards structure will enable customers to earn a broader variety of crypto rewards and diversify their crypto portfolios. Owing to this, customers will be eligible to earn up to 4% back on every purchase with various cryptos. “Rewards will have an expiration date. If a customer doesn’t select a reward when the next rotation is launched, we’ll automatically give them the reward with the highest crypto-back rate so they can diversify their earnings,” according to the crypto exchange. Follow & share 👉 @FutureCryptoBusiness

📣 Hollywood Has Future in Blockchain, NFTs Says Outgoing Warner Media CEO Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. “I think that’s going to be a potential wave that’s going to be coming to Hollywood, in the same way that the DVD wave came to Hollywood in the ’90s,” Kilar is quoted explaining, regarding his thoughts on NFTs and blockchain technology. Follow & share 👉 @FutureCryptoBusiness