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Tag: CRYPTOCURRENCY

Business / Companies

Challenges of Nigeria’s New Cryptocurrency Tax Policies: A Path to Revenue?

March 8, 2025March 8, 2025 - by Marcus Chen - Leave a Comment

In an effort to rejuvenate its economy, Nigeria has introduced cryptocurrency tax policies, aiming to collect from unregulated exchanges like Binance. Despite the country’s large market and high crypto adoption, …

Challenges of Nigeria’s New Cryptocurrency Tax Policies: A Path to Revenue? Read More
Business / Companies / economics

The Impact of Binance’s Restrictions on Nigeria’s Cryptocurrency Landscape

March 8, 2025March 8, 2025 - by Allegra Nguyen - Leave a Comment

Nigeria’s crypto market faces turmoil as Binance imposes restrictions amid government pressures, blocking airdrops and removing local trading pairs. This confrontation raises concerns about the future of crypto adoption in …

The Impact of Binance’s Restrictions on Nigeria’s Cryptocurrency Landscape Read More
Business / economics

Argentina’s President Javier Milei Faces Judicial Scrutiny Over Libra Affair

March 7, 2025March 7, 2025 - by Sofia Nawab - Leave a Comment

President Javier Milei of Argentina is embroiled in a judicial investigation concerning the cryptocurrency Libra, linked to allegations of fraud and pump-and-dump schemes. His promotional tweet led to a significant …

Argentina’s President Javier Milei Faces Judicial Scrutiny Over Libra Affair Read More
Business

El Salvador’s Bold Move: Acquisition of Additional Bitcoin Amid IMF Warnings

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

El Salvador has acquired 500 more Bitcoin, raising its total to 6,800 BTC worth $635 million. This purchase occurred despite IMF warnings, with public reactions celebrating the nation as a …

El Salvador’s Bold Move: Acquisition of Additional Bitcoin Amid IMF Warnings Read More
Business / Companies

Argentina’s $LIBRA Cryptocurrency Investigation Heightens Political Tensions

March 6, 2025March 6, 2025 - by Allegra Nguyen - Leave a Comment

Argentine prosecutor Eduardo Taiano is intensifying the investigation into the $LIBRA cryptocurrency scandal, which implicates President Javier Milei. Authorities aim to freeze approximately $110 million in assets as details emerge, …

Argentina’s $LIBRA Cryptocurrency Investigation Heightens Political Tensions Read More
Business

Rising Cryptocurrency: Bitcoin’s Surge and Promising Investment Opportunities

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

The cryptocurrency market is experiencing growth as the United States, El Salvador, and Russia explore cryptocurrency reserves, with Bitcoin leading the way. Notable investment options include BTC Bull Token, Meme …

Rising Cryptocurrency: Bitcoin’s Surge and Promising Investment Opportunities Read More
Business

Méliuz Allocates 10% of Cash Reserves to Bitcoin for Long-Term Growth

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

Brazilian fintech Méliuz will invest 10% of its cash reserves in Bitcoin as part of a long-term treasury strategy. The company has already purchased 45.72 BTC for approximately $4.1 million, …

Méliuz Allocates 10% of Cash Reserves to Bitcoin for Long-Term Growth Read More
Business / economics

The Decline of El Salvador’s Cryptocurrency Vision

March 5, 2025March 5, 2025 - by Sofia Nawab - Leave a Comment

El Salvador has reversed its cryptocurrency laws that made bitcoin legal tender as part of a deal for a $1.4 billion loan from the IMF. The reversal allows businesses to …

The Decline of El Salvador’s Cryptocurrency Vision Read More
Business / economics

El Salvador’s Commitment to Bitcoin Persists Despite IMF Restrictions

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

El Salvador’s President Nayib Bukele asserts that the country will maintain its Bitcoin purchases despite an IMF deal that forbids new acquisitions. The recent agreement includes restrictive measures on Bitcoin …

El Salvador’s Commitment to Bitcoin Persists Despite IMF Restrictions Read More
Business

El Salvador Increases Bitcoin Holdings to 6,000 Units, Valued at $569 Million

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

El Salvador has successfully increased its Bitcoin reserves to over 6,000 coins, valued at $569 million, marking a 108% increase in investment. This move reaffirms Bitcoin as the country’s main …

El Salvador Increases Bitcoin Holdings to 6,000 Units, Valued at $569 Million Read More

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