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Bitcoin falls to $38,000 to hit a six-month low.

The leading cryptocurrency Bitcoin (BTC) has dumped 7.5% in the past 12 hours, plunging to 6-month lows from $43,328 yesterday to $38,258 by 4 am UTC today. Today’s price crash has so far wiped about $50 billion from the overall crypto market. The total crypto market cap has been on a slow decline since early […]

Security Tokens: What They Are and How to Invest (in 2022)

In simple language, a security token is a blockchain-based "share" of an underlying asset, such as a company, real estate, or gold.

The post Security Tokens: What They Are and How to Invest (in 2022) appeared first on Bitcoin Market Journal.

Central Bank of Russia Intends to Ban Crypto Mining and Activities


The Central Bank of Russia is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities. (Read More)

Binance’s CZ Explains Why Banning Crypto Ads Won’t Affect Demand

Several regulators around the globe have taken a hostile approach around crypto exchanges and crypto-related companies by forbidding them to advertise the industry to the general public. However, Binance’s CEO Changpeng Zhao thinks this will not affect the high demand of the market. Curbing Crypto Ads Crypto-related firms have been accused by international regulators of marketing their services with misleading messages that undermine the risk digital assets investments could possess to users. Spain, U.k., and Singapore have banned the advertisement of crypto to different extents. In Singapore alone, crypto exchanges and other licensed companies can only publish ads on their own websites and mobile apps to avoid reaching the general public. The country’s ban includes “any form of advertisements or promotional materials in public areas such as Singapore public transport, public transport venues, broadcast media or periodical publications, third party websites, social media platforms, public events or roadshows.” “MAS stresses that DPT service providers should conduct themselves with the understanding that trading of DPTs is not suitable for the general public. These Guidelines set out MAS’ expectation that DPT service providers should not promote their DPT services to the general public in Singapore.“ Spain requires a pre-approval for any crypto advertisement directed towards an audience of 100,000 or more people and all ads and must include a warning like such: “Investments in crypto-assets are not regulated. They may not be appropriate for retail investors and the full amount invested may be lost.” In the U.K., authorities have banned several ads that they have claimed to be “irresponsible and took advantage of consumers’ inexperience or credulity.”  Related Reading | Fidelity Says What We’ve Been Thinking: Countries & Central Banks Will Buy BTC Why It Won’t Affect Price The price of cryptocurrencies is driven by demand and supply, meaning the interest users have in the market and the availability of each digital coin. For this reason, the effects that bans might have on the adoption of cryptocurrencies are believed to be important for the future of the market. Binance CEO Changpeng Zhao (also known as “CZ”) alleged during a CNBC International interview that the reason why regulators take this approach on advertisements is that the crypto industry has a huge demand. Even though the CEO thinks these bans could slow down the industry’s growth, CZ is not worried about the macro picture because he thinks the demand for crypto is so high that curbing crypto ads will have little impact. Changpeng Zhao claimed that most users are driven to the crypto industry through “word of mouth” marketing rather than ads. “Clampdown on crypto advertising is unlikely to have much of an effect on demand, as most of the crypto users come from word-of-mouth promotions anyway.” CZ noted that Facebook and Google opposed crypto ads for a long time and even though they are giant platforms that reign over the internet, this has not affected the adoption of digital assets. Binance is the largest crypto exchange in the world and it recently withdrew its application to start a cryptocurrency exchange in Singapore after facing pressure from the country’s regulators over concerns of risks and consumer protection. The exchange, however, has not lost interest in conducting business in the country. The global regulatory framework is miles away from becoming clear, and Binance is working to adapt and comply, taking “strategic, commercial and developmental” considerations. CZ stated that Binance hasn’t driven its eyes away from Singapore for the country might change its regulatory framework later on. The future location of Binance headquarters remains a mystery. CZ said they are exploring “everywhere in the world.” The CEO noted that Binance is working with many authorities to help them build a comprehensive regulatory framework for the crypto market. Related Reading | Binance’s CZ Wants Entrepreneurs To Create Coins. Does His Argument Make Sense? Crypto Total Market Cap At the time of writing, the global market cap of cryptocurrencies sets its price at $1,8 trillion, showing a decline of %3 in the daily chart.

London Is Seeing Far More Crypto Ads as of Late

London is now home to a record number of bitcoin and crypto-related advertisements, and many are calling for a ban on such promotions as they feel the crypto space is far too risky. London Is Seeing an Influx of Crypto Advertisements Crypto assets are largely unregulated in the United Kingdom, and there is much concern...

The post London Is Seeing Far More Crypto Ads as of Late appeared first on Live Bitcoin News.

Morocco’s Largest Bank Will Get Into Crypto By Joining RippleNet

Morocco’s largest bank Attijariwafa Bank got into the crypto space by joining the RippleNet network as we are reading more in our latest Ripple news today. The leading banking service operator in Morroco, or Morocco’s largest bank will join RippleNet. The latter is an international cross-border payment netowrk that is designed by Ripple. The local […]

Celebrating A New Year In Bitcoin With A Roundtable Of Influencers

Bitcoin luminaries like Peter McCormick, Justine Harper, Charlie Lee, Jimmy Song and more joined a New Year's "Bitcoin Bottom Line."

Pakistan’s FIA Asks Telecom Authority to Block Over 1600 Crypto Sites

Pakistan Blocks 1600 crypto sites

Samaa TV reported last Tuesday, citing FIA Director Babur Bakht Qureshi, that Pakistan’s Federal Investigation Agency (FIA) has written to the Pakistan Telecommunication Authority (PTA) seeking a prohibition on the access to more than 1,600 cryptocurrency trading websites. Last week, the director announced his plan to seek the Telecommunications Authority over the shutdown of various crypto websites. Cryptocurrency, he believes, is being used for money laundering. Qureshi said “a list of those involved in the Bitcoin trade is being compiled,” according to the website. When Bitcoin is banned in Pakistan, he says, “These guys would be jailed.” Furthermore, Qureshi stated that those who promote cryptocurrency in Pakistan will be prosecuted. The director was cited as adding, “These persons are on the radar of the agency, and action will be done against them soon.” Pakistan Still Comprehending What To Do with Crypto Pakistan’s government is debating whether or not to ban or regulate Bitcoin. Shibli Faraz, Pakistan’s minister of science and technology, said last Monday during the country’s inaugural blockchain summit, which his ministry co-hosted, that the government plans to “regularize” cryptocurrencies in Pakistan. He went on to say that the finance ministry, the State Bank of Pakistan, and the Pakistan Securities and Exchange Commission are all working on a strategy right now. The State Bank of Pakistan (SBP), on the other hand, has already decided to outrightly ban cryptocurrencies. The central bank presented a report to the Sindh High Court last week suggesting that cryptocurrency be banned entirely.

The post Pakistan’s FIA Asks Telecom Authority to Block Over 1600 Crypto Sites appeared first on Cryptoknowmics-Crypto News and Media Platform.

Crypto ATMs in Singapore shut down following newly released guidelines

Crypto ATM machines in Singapore are being taken offline following a crackdown on various crypto-related services. Crypto ATMs have become increasingly popular as they offer [...]

UK Regulators Announce Better Regulation For Crypto Ads

The British finance ministry, in coordination with the Financial Conduct Authority (FCA), is set to introduce clear regulations for crypto ads. UK to protect investors from “misleading statements” It is estimated that about 2.3 million people in Britain now have exposure to at least one crypto asset. However, the finance ministry notes that there is […]

The post UK Regulators Announce Better Regulation For Crypto Ads appeared first on CryptoCoin.News.

Unstoppable Domains for ALL your Crypto Domain Needs

There always seems to be a lot of disputes and disagreements when it comes to which updates need to happen to which crypto networks and why. But if there is one update needed for the entire crypto space that I think we can all agree on, it is that we all need an easier way […]

The post Unstoppable Domains for ALL your Crypto Domain Needs appeared first on Coin Bureau.

The Days of OnlyFans Are Over – ONLYCAM is Here to Tackle The Issues Faced by Adult Content Creators…

OnlyCam is breaking down barriers in the online adult entertainment industry by making content more accessible, reliable, and more fun for both creators and consumers. In recent times, NSFW content creators have faced a myriad of issues including censorship, lack of copyright laws, cultural and regulatory challenges, intermediaries, and lack of payment platforms. OnlyCam provides accessible and straightforward solutions to all these issues for its creators and aims to provide a new and exciting online experience for both creators and consumers.

Here's how OnlyCam will take each of these issues:

Censorship

 Adult content creators are subject to many censorships that mainstream actors do not encounter. Many social media platforms such as Facebook and Instagram prohibit sexually explicit content, which puts a limit on the earning of creators by blocking their access to these revenue streams. Censorship can result in creators being banned from platforms sits altogether and being unable to work. Not only this, but it also creates instability for content creators. By announcing they would exit the industry and no longer allow explicit content, OnlyFans caused many content creators to be out of work. OnlyFans have also censored content they may not agree with, for no reason other than personal preference. OnlyCam gives its performers a safe and reliable platform where creative freedom is encouraged. Performers can work without the worry of censorship through working with an inclusive, non-discriminatory platform, where content is never censored.

 Copyright Ownership

 Adult creators and performers are always denied copyright to their work. This prevents them from selling their work by themselves and prevents the adult content producers and actors from receiving royalties from others using it.

 Our NFT solution provides the copyright to the creator for their adult content and ensures the content belongs to the adult content creator or performer. Since the content will belong to the content creators and performers, they will also receive royalties for every usage and every sale of the content. The creator is provided with more autonomy as they can directly sell/mint/repurpose their content.

Intermediaries & Lack of Payment Platforms 

The biggest issue facing adult performers is its unfair pay, where larger production companies take most of the revenue, and only a small percentage goes to the performers. There is also a lack of payment platforms available on most large NSFW content sites, meaning performers do not have freedom in how to access their earnings. OnlyCam provides solutions to both issues by introducing their $ONLY payment token. By using the $ONLY token, there is little gas fee. OnlyCam will offer a gateway through Onlycam.exchange that will allow creators and customers to exchange Bitcoin, Ethereum, BNB and other stable coins as well as fiat for $ONLY. This means more money goes directly to the creators by using a straightforward transaction method. It also ensures creators access their earnings in a new and unique way which allows them to take control of their finances.

 About OnlyCam: OnlyCam is an online NFSW entertainment ecosystem that is revolutionising the way content is consumed. OnlyCam aims to tackle the big issues faced by the adult industry by providing sustainable, and profitable solutions, for both content creators and consumers.

Find out more about the project: https://only.cam/

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