Russian Finance Ministry Rules Out Sale of Oil for Bitcoin

Post Views: 96 The Russian government considers bitcoin as a payment option for small business transactions, not for oil exports, the country’s finance ministry has indicated. A top official emphasized the department means that cryptocurrencies may be used in barter deals, but not as legal tender. Cryptocurrency payments, in terms of international transactions, are seen…

Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE

Post Views: 79 Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena to not only expand its activities but to “further strengthen [its] banking relationships within the UAE.” A Bahrain-headquartered digital asset exchange, Coinmena,…

Kevin O’Leary Says He Won’t Sell Any Crypto Despite Downturn – ‘You Just Have to Stomach It’

Post Views: 80 Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he is not selling any of his cryptocurrencies despite the crypto market downturn. “Long term, you just have to stomach it. You have to understand you’ll get volatility,” he stressed. Shark Tank star Kevin O’Leary talked about bitcoin and other cryptocurrencies in…

Bitflex Commences BETA Testing With Zero-Trading Fees

Post Views: 83 PRESS RELEASE. Seychelles, June 20, 2022 – Bitflex Inc. (the “Company,” “we” or “our”), a blockchain technology company in the global market, today announced that the Company will commence BETA testing of its cryptocurrency exchange and plans to officially launch the exchange by October this year. “We are so excited to finally…

McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’

Post Views: 74 Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. In addition, more than 80% of commerce could be impacted by activities in the metaverse. Global management consulting firm McKinsey & Company published a report last week titled “Value creation in the…

Social Media Marketing Services: The Trend Changing Tactics to Boost Conversions

With businesses moving towards digital presence transformation, Digital Marketing is replacing traditional ways of marketing with SEO, SMM, SMO and Content Marketing. Social Media Marketing services are changing the perspective of strategies and uniquely focusing on the target audience. One can target a wide range of audiences with creative content and impress them to look forward to more. Numerous tactics work for businesses on different social media platforms, but only a few are effective with consistency.

Binance Suspends Direct Deposits and Withdrawals in Brazil

Post Views: 84 Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states that…