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Iran Prepares Bill to Centralize and Regulate Cryptocurrency Use
The plan involves making the Central Bank of Iran the primary regulatory body regarding the domestic exchange of cryptocurrencies within three months. This includes plans to prohibit the exchange of any cryptocurrency within the country, aside from a national one, as means of payment.
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Whales Grabbing Bitcoin as 1k – 10k Wallet Supply Sees Sharp Rise
Bitcoin whales are accumulating the flagship crypto on the dip, ignoring the negative news coming from China and the world’s central banks. Right now the number of BTC users has hit all-time highs for 2021. Woo indicates a major rise in the number of Bitcoin entities.
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A ‘Dogecoin Metaverse’ Launches Tomorrow—And It’s Giving Away 1 Million DOGE
A weird and wacky augmented reality Dogecoin game event kicks off tomorrow. There’s free DOGE and promises of “world peace.” Participants in the augmented reality game will be awarded NFTs—and receive free Dogecoin. Canadian PM Justin Trudeau’s half brother is behind the event.
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Ethereum, Cardano, Ethereum Classic and Dfinity Lead Altcoin Surge
Market-wide gains can be observed across most of the top cryptocurrencies today. The prices of major altcoins like Ethereum, Cardano, Ethereum Classic and Dfinity all surged today as crypto markets grew 5.21% overnight to take a market cap of $1.52 trillion, according to crypto data aggregator Nomics.
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India Looking to Implement Additional 18% Tax on Foreign Crypto Exchanges
The Indian government might require foreign crypto exchanges to shell out an additional 18% tax on transactions with Indian citizens. Foreign exchanges are currently avoiding those taxes, the Indian government has a plan to bring them under the jurisdiction of their tax bubble.
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