Skip to main content

Posts

Gary Gensler asked by U.S Senator to provide clarity on crypto regulations

  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 ...

No crypto ban in Indonesia

  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 cl...

Alternate coins that can be referred for investment in 2021

Bitcoin came as the first digital currency that ignited the new flag of digital money in the world economy. The credit for bringing up this wonderful idea goes to its anonymous founder Satoshi Nakamoto. Till now there are no confirmed facts about his real identity. No matter what he has become popular with his bronze statue now being unveiled in Hungary.  Ever since Bitcoin came it attracted many investors towards it. The popularity of this digital currency became the reason for its being a common choice among traders. But in the following time, many more alternatives came into being. They are specially termed as ‘Altcoins’. It means those coins that came after Bitcoin. Well, there have been coins that are either new or not up to that worth. But you can make choices with the best altcoins to invest in 2021 . Some of these include: Ethereum Polkadot Cardano (ADA) Ripple (XRP) Tether (USDT) Litecoin LINK COTI You can check all about their prices on the leading crypto site Cryptoknowm...

Central Bank of China considers crypto activity unlawful

  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...

American rapper Snoop Dogg discloses being a crypto whale

  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 a...

Shahid Kapoor- From Struggler To A Famous Actor

  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, ...

Love Is Stronger- Understanding The True Meaning Of Beauty

  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 vi...

Top 3 Basic Hatha Yoga Poses For Better Health

  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 diversifi...

When to invest and sell BTC?

  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 o...

Famed Golden State Warriors point guard Stephen Curry Takes Crypto Advice

  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...