The president of El Salvador, Nayib Bukele, recently indicated that he intends to introduce legislation in Congress on Tuesday to make bitcoin a legal tender in the country.
Bukele believes that the crypto industry would boost financial inclusion and generate employment.
This country's central bank will incorporate Bitcoin as part of its reserves while the public can freely use Bitcoin as a currency.
Strike CEO Jack Mallers worked with the government to craft the bill that would enable large-scale Bitcoin adoption viable.
This perhaps one of the most significant milestones for Bitcoin and the industry as it paves a way for future adoption, while also portraying how cryptocurrencies can benefit the masses.
https://twitter.com/CoinsbitIndia/status/1401823819673731074
Bukele believes that the crypto industry would boost financial inclusion and generate employment.
This country's central bank will incorporate Bitcoin as part of its reserves while the public can freely use Bitcoin as a currency.
Strike CEO Jack Mallers worked with the government to craft the bill that would enable large-scale Bitcoin adoption viable.
This perhaps one of the most significant milestones for Bitcoin and the industry as it paves a way for future adoption, while also portraying how cryptocurrencies can benefit the masses.
https://twitter.com/CoinsbitIndia/status/1401823819673731074
21shares, based in Switzerland, stated that it will begin offering its cryptocurrency exchange-traded product (ETP) to institutional investors in the UK.
The firm noted its intention to offer investors exposure to bitcoin without the hassles of crypto custody and security.
Each ETP unit will represent exposure to approximately 0.00035 BTC entitlement. Liquidity will be provided by GHCO, a leading market maker.
Institutional presence adds to the credibility of Bitcoin, this development will definitely benefit the crypto industry in general.
https://twitter.com/CoinsbitIndia/status/1402176228077965323
The firm noted its intention to offer investors exposure to bitcoin without the hassles of crypto custody and security.
Each ETP unit will represent exposure to approximately 0.00035 BTC entitlement. Liquidity will be provided by GHCO, a leading market maker.
Institutional presence adds to the credibility of Bitcoin, this development will definitely benefit the crypto industry in general.
https://twitter.com/CoinsbitIndia/status/1402176228077965323
Twitter
Coinsbit India 🐯
21shares, based in Switzerland, stated that it will begin offering its #cryptocurrency exchange-traded product (ETP) to institutional investors in the UK. The firm noted its intention to offer investors exposure to bitcoin without the hassles of #Crypto custody…
🔥 Don't miss SAFEBANK token listing on Coinsbit India! 🔥
💥 Dear users, we are glad to announce that SAFEBANK token will be available on Coinsbit India on 10.06.2021!
🌐 SafeBank is an automatic liquidity generating protocol owned and operated by DafriBank Digital.
🧩 DafriBank aims to address the banking needs of Africa’s growing digital entrepreneurial class — a niche that has been largely ignored by the traditional banks.
©️ Smart-contract: 0x2aB90FBb649bA3DDD4269764eb2975d8F32b7b5a
💵 Pairs:
SAFEBANK/USDT
SAFEBANK/USD
✅ Follow the links below to get more info:
Website: https://safebank.app
Telegram: https://t.me/SafeBank
Medium: https://digitalbankofafrica.medium.com/
Facebook: https://www.facebook.com/SafeBankToken
Twitter: https://twitter.com/SafeBankToken?s=09
Github: https://github.com/SafeBank-Digital/Token-Smart-Contract
Reddit: https://www.reddit.com/r/Safebanktoken/comments/n9qktm/safebank_yes_is_here/?utm_medium=android_app&utm_source=share/
🌈 Stay tuned to get updates and the latest news
💥 Dear users, we are glad to announce that SAFEBANK token will be available on Coinsbit India on 10.06.2021!
🌐 SafeBank is an automatic liquidity generating protocol owned and operated by DafriBank Digital.
🧩 DafriBank aims to address the banking needs of Africa’s growing digital entrepreneurial class — a niche that has been largely ignored by the traditional banks.
©️ Smart-contract: 0x2aB90FBb649bA3DDD4269764eb2975d8F32b7b5a
💵 Pairs:
SAFEBANK/USDT
SAFEBANK/USD
✅ Follow the links below to get more info:
Website: https://safebank.app
Telegram: https://t.me/SafeBank
Medium: https://digitalbankofafrica.medium.com/
Facebook: https://www.facebook.com/SafeBankToken
Twitter: https://twitter.com/SafeBankToken?s=09
Github: https://github.com/SafeBank-Digital/Token-Smart-Contract
Reddit: https://www.reddit.com/r/Safebanktoken/comments/n9qktm/safebank_yes_is_here/?utm_medium=android_app&utm_source=share/
🌈 Stay tuned to get updates and the latest news
🔥 Don't miss GGIVE token listing on Coinsbit! 🔥
💥 Dear users, we are glad to announce that GGIVE (https://globalgive.finance/) token is available on Coinsbit India, keep trading
🌐 GGIVE (https://globalgive.finance/) is a deflationary utility token built on BSC and used to facilitate donations directly to charities and emergency relief funds.
🎯 The aim of GlobalGive is to provide a ground-breaking platform for both global charities and investors alike. Focused on community and philanthropy, GlobalGive's reach extends beyond the crypto world, partnering with institutional, and non-cryptocurrency investors and shaping the future of fundraising and donations to become the token of choice for charities.
©️ Smart-contract: 0x60e9880daef10e960da3c45b076dbdac4f111edf (https://bscscan.com/token/0x60e9880daef10e960da3c45b076dbdac4f111edf)
💵 Pairs:
GGIVE/USDT
GGIVE/BTC
GGIVE/ETH
GGIVE/GBP
✅ Follow the link to get more info
Website: https://globalgive.finance/
🌈 Stay tuned to get updates and the latest news
💥 Dear users, we are glad to announce that GGIVE (https://globalgive.finance/) token is available on Coinsbit India, keep trading
🌐 GGIVE (https://globalgive.finance/) is a deflationary utility token built on BSC and used to facilitate donations directly to charities and emergency relief funds.
🎯 The aim of GlobalGive is to provide a ground-breaking platform for both global charities and investors alike. Focused on community and philanthropy, GlobalGive's reach extends beyond the crypto world, partnering with institutional, and non-cryptocurrency investors and shaping the future of fundraising and donations to become the token of choice for charities.
©️ Smart-contract: 0x60e9880daef10e960da3c45b076dbdac4f111edf (https://bscscan.com/token/0x60e9880daef10e960da3c45b076dbdac4f111edf)
💵 Pairs:
GGIVE/USDT
GGIVE/BTC
GGIVE/ETH
GGIVE/GBP
✅ Follow the link to get more info
Website: https://globalgive.finance/
🌈 Stay tuned to get updates and the latest news
👍1
⚡️KYC is now live⚡️
We regret the inconvenience caused by KYC earlier however we are excited to inform you that our KYC verification is back in action and is now live.
New Airdrop details coming next!
👇🏾Take a look at the KYC video tutorial below:
https://youtu.be/OnJXBCLreLg
Please read step by step instructions on how to do your KYC carefully:
https://link.medium.com/pKg5pDzoYgb
Facing issues with KYC? Please create a ticket in your Coinsbit India portal or send us an email to support@coinsbit.in
We regret the inconvenience caused by KYC earlier however we are excited to inform you that our KYC verification is back in action and is now live.
New Airdrop details coming next!
👇🏾Take a look at the KYC video tutorial below:
https://youtu.be/OnJXBCLreLg
Please read step by step instructions on how to do your KYC carefully:
https://link.medium.com/pKg5pDzoYgb
Facing issues with KYC? Please create a ticket in your Coinsbit India portal or send us an email to support@coinsbit.in
YouTube
Coinsbit India | Coinsbit India New KYC | Full kyc video Coinsbit India | CIN Token Explain
Sign up - go to coinsbit.in and create an account
Enter the email address and password
Click ‘I agree to Terms of Service and Privacy Policy”
Click ‘register’
Verification will be sent to their email address - this is a super important step and many users…
Enter the email address and password
Click ‘I agree to Terms of Service and Privacy Policy”
Click ‘register’
Verification will be sent to their email address - this is a super important step and many users…
⚡️ New Airdrop Rounds Announcement⚡️
Following the huge response to our initial Airdrop, we are now excited to introduce more rounds to preserve the value of the $CIN token & reward our new users at the same time.
👇🏾Full details below:
https://twitter.com/CoinsbitIndia/status/1402953788944621570
Please note: Coinsbit India users have 10 days starting from today to claim their $200 USD airdrop.
Following the huge response to our initial Airdrop, we are now excited to introduce more rounds to preserve the value of the $CIN token & reward our new users at the same time.
👇🏾Full details below:
https://twitter.com/CoinsbitIndia/status/1402953788944621570
Please note: Coinsbit India users have 10 days starting from today to claim their $200 USD airdrop.
Twitter
Coinsbit India 🐯
⚡ New Airdrop Rounds Announcement⚡ Following the huge response to our initial Airdrop, we are now excited to introduce more rounds to preserve the value of the $CIN token & reward our new users at the same time. 👇🏾Full details below: link.medium.com/DEbtGQgrYgb
According to industry sources, the Indian government has softened its previously hostile position towards virtual currencies and is likely to designate Bitcoin as an asset class in India soon.
SEBI, the country's securities regulator, will oversee cryptocurrency regulations.
The Indian crypto industry is also talking with the finance ministry about forming new regulations, and industry sources say that a ministry panel is studying the matter.
A bill to regulate crypto is likely to be introduced during the monsoon session of the parliament.
The development comes days after RBI directed banks to cease avoiding transactions involving Crypto.
"We are very hopeful that the government will embrace cryptocurrencies and blockchain technologies,” said Ketan Surana, Director and CFO, Coinsbit India, and Member, IMAI.
https://twitter.com/CoinsbitIndia/status/1403285915921833991
SEBI, the country's securities regulator, will oversee cryptocurrency regulations.
The Indian crypto industry is also talking with the finance ministry about forming new regulations, and industry sources say that a ministry panel is studying the matter.
A bill to regulate crypto is likely to be introduced during the monsoon session of the parliament.
The development comes days after RBI directed banks to cease avoiding transactions involving Crypto.
"We are very hopeful that the government will embrace cryptocurrencies and blockchain technologies,” said Ketan Surana, Director and CFO, Coinsbit India, and Member, IMAI.
https://twitter.com/CoinsbitIndia/status/1403285915921833991
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Following El Salvador, Tanzanian President Samia Suluhu Hassan urged the country's central bank to explore crypto assets while highlighting the lack of crypto adoption in Eastern Africa.
She expects the central bank to "be ready for the changes and not be caught unprepared.”
Hassan's remarks follow several Latin legislators' calls for further crypto adoption in other emerging economies.
Judging by the current scenario, we can expect many more legislations to start exploring and even accepting crypto, or at the least recognizing it as an asset class.
https://twitter.com/CoinsbitIndia/status/1404372441086840838
She expects the central bank to "be ready for the changes and not be caught unprepared.”
Hassan's remarks follow several Latin legislators' calls for further crypto adoption in other emerging economies.
Judging by the current scenario, we can expect many more legislations to start exploring and even accepting crypto, or at the least recognizing it as an asset class.
https://twitter.com/CoinsbitIndia/status/1404372441086840838
Twitter
Coinsbit India 🐯
Following El Salvador, Tanzanian President Samia Suluhu Hassan urged the country's central bank to explore crypto assets while highlighting the lack of #crypto adoption in Eastern Africa. She expects the central bank to "be ready for the changes and not be…
Bitcoin philanthropists continue to shine as they managed to garner more than $1.3 million worth of $BTC for the Bitcoin Water Trust, a non-profit looking to provide clean and safe drinking water for those who need it.
The sum was raised in less than three weeks.
The Bitcoin water trust has vowed to hold on to the Bitcoin donations until 2025. Donors include several prominent industry figures.
https://www.charitywater.org/bitcoin
https://twitter.com/CoinsbitIndia/status/1404749545389498370
The sum was raised in less than three weeks.
The Bitcoin water trust has vowed to hold on to the Bitcoin donations until 2025. Donors include several prominent industry figures.
https://www.charitywater.org/bitcoin
https://twitter.com/CoinsbitIndia/status/1404749545389498370
charity: water
The Bitcoin Water Trust
An exponential growth fund for clean water.
David Fadairo, a young Nigerian player with Alki Oroklini Cyprus football club, became the first soccer player whose transfer was paid 100% in cryptocurrencies.
The payment was made using TheFutbolCoin a native token for TheFutbolApp, an economic ecosystem for football fans.
This is a major milestone that marks the perfect convergence of the #crypto industry and sports.
This would also act as an entry point for millions of fans out there who would be discovering #cryptocurrencies for the first time.
We can expect more players to follow suit.
https://twitter.com/CoinsbitIndia/status/1405111278054436875
The payment was made using TheFutbolCoin a native token for TheFutbolApp, an economic ecosystem for football fans.
This is a major milestone that marks the perfect convergence of the #crypto industry and sports.
This would also act as an entry point for millions of fans out there who would be discovering #cryptocurrencies for the first time.
We can expect more players to follow suit.
https://twitter.com/CoinsbitIndia/status/1405111278054436875
Twitter
Coinsbit India 🐯
David Fadairo, a young Nigerian player with Alki Oroklini Cyprus football club, became the first soccer player whose transfer was paid 100% in #cryptocurrencies. The payment was made using @TheFutbolCoin a native token for TheFutbolApp, an economic ecosystem…
According to crypto market data aggregator Santiment, wallets holding between 100 and 10,000 BTC now constitute the largest category of Bitcoin hodlers, accounting for 48.7 percent of Bitcoin's supply.
These addresses have accumulated 90,000 more $BTC in the last 25 days.
The current buying frenzy has pushed the millionaire addresses' Bitcoin holdings to a seven-week high, with the addresses representing more than 9.11 million BTC.
Meanwhile, Glassnode found that weekly bitcoin outflows from miner addresses have reduced to $1.7 million.
It is evident that whales and miners are accumulating Bitcoin as it attempts to break past $40,000.
Could the days of accumulation fuel the next $BTC rally?
https://twitter.com/CoinsbitIndia/status/1405517097468260365
These addresses have accumulated 90,000 more $BTC in the last 25 days.
The current buying frenzy has pushed the millionaire addresses' Bitcoin holdings to a seven-week high, with the addresses representing more than 9.11 million BTC.
Meanwhile, Glassnode found that weekly bitcoin outflows from miner addresses have reduced to $1.7 million.
It is evident that whales and miners are accumulating Bitcoin as it attempts to break past $40,000.
Could the days of accumulation fuel the next $BTC rally?
https://twitter.com/CoinsbitIndia/status/1405517097468260365
Twitter
Coinsbit India 🐯
According to #crypto market data aggregator Santiment, wallets holding between 100 and 10,000 BTC now constitute the largest category of Bitcoin hodlers, accounting for 48.7 percent of Bitcoin's supply. These addresses have accumulated 90,000 more $BTC in…
👍1
Is cryptocurrency taxed in India?
This is a touchy subject for everyone, as the Indian income tax legislation is currently unclear about the tax implications of cryptocurrency gains.
👇🏽Here's what you need to know:
https://twitter.com/CoinsbitIndia/status/1405867188012023819
This is a touchy subject for everyone, as the Indian income tax legislation is currently unclear about the tax implications of cryptocurrency gains.
👇🏽Here's what you need to know:
https://twitter.com/CoinsbitIndia/status/1405867188012023819
Twitter
Coinsbit India 🐯
Is cryptocurrency taxed in India? This is a touchy subject for everyone, as the Indian income tax legislation is currently unclear about the tax implications of cryptocurrency gains. 👇Here's what you need to know: link.medium.com/Z6ehnKAGbhb
Cryptocurrencies are going mainstream in India and the latest development comes from Raftaar who became the first Indian musician to start accepting payment in Cryptocurrencies.
This a major milestone for the Crypto industry in India.
“I’ve always been an ardent admirer of blockchain technology and I’ve always wondered why artists and managers alike haven’t explored the potentiality of this disruptive medium. Nevertheless, I’ve finally taken the baby steps in this direction," said the popular Rapper.
We believe this is just the beginning and we can expect more artists to follow suit.
https://twitter.com/CoinsbitIndia/status/1406161342906527745
This a major milestone for the Crypto industry in India.
“I’ve always been an ardent admirer of blockchain technology and I’ve always wondered why artists and managers alike haven’t explored the potentiality of this disruptive medium. Nevertheless, I’ve finally taken the baby steps in this direction," said the popular Rapper.
We believe this is just the beginning and we can expect more artists to follow suit.
https://twitter.com/CoinsbitIndia/status/1406161342906527745
Twitter
Coinsbit India 🐯
Cryptocurrencies are going mainstream in India and the latest development comes from @raftaarmusic who became the first Indian musician to start accepting payment in #cryptocurrencies. This a major milestone for the #Crypto industry in India. Thread 🧵
Deputy Carlos Antonio Rejala Helman of Paraguay's Hagamos Party is the latest to announce that he is working on bitcoin legislation to be introduced next month.
The announcement follows in the footsteps of El Salvador and its pro-bitcoin president Nayab Bukele.
The deputy is working on a measure that would seek to legalize cryptocurrency payments in Paraguay.
The bill states that Bitcoin can be used for any transactions carried out within national borders.
He has also incorporated Lases eyes in support for BTC.
El Salvador seems to have started a trend as several regulators have spoken in favor of the world's largest cryptocurrency. Its only a matter of time before the rest of the world steps in.
Which nation do you think is next?
https://twitter.com/CoinsbitIndia/status/1406911689870614534
The announcement follows in the footsteps of El Salvador and its pro-bitcoin president Nayab Bukele.
The deputy is working on a measure that would seek to legalize cryptocurrency payments in Paraguay.
The bill states that Bitcoin can be used for any transactions carried out within national borders.
He has also incorporated Lases eyes in support for BTC.
El Salvador seems to have started a trend as several regulators have spoken in favor of the world's largest cryptocurrency. Its only a matter of time before the rest of the world steps in.
Which nation do you think is next?
https://twitter.com/CoinsbitIndia/status/1406911689870614534
Twitter
Coinsbit India 🐯
Deputy Carlos Antonio Rejala Helman of Paraguay's Hagamos Party is the latest to announce that he is working on bitcoin legislation to be introduced next month. The announcement follows in the footsteps of El Salvador and its pro-bitcoin president Nayab Bukele.…
Hello Fam, we'd like to thank you for helping make Round 1 of $CIN Airdrop a huge success. In total, 665,550 users have successfully claimed their CIN tokens.
*Round 2 is now live and the new airdrop is $100 USD (1,000 CIN tokens).*
📺 Full instructions on how to participate:
https://www.youtube.com/watch?v=OnJXBCLreLg
https://twitter.com/CoinsbitIndia/status/1407310857973866497
*Round 2 is now live and the new airdrop is $100 USD (1,000 CIN tokens).*
📺 Full instructions on how to participate:
https://www.youtube.com/watch?v=OnJXBCLreLg
https://twitter.com/CoinsbitIndia/status/1407310857973866497
The National Bank of Rwanda, the latest to join the CBDC trend, has confirmed that it is examining the prospect of issuing its own digital currency.
The bank is evaluating the economic, financial, and technological aspects of CBDCs, as well as the "operationalization model."
Additionally, the study will look at the "implications for monetary policy and financial stability." of the CBDC.
While CBDCs are centralized, recent events are proof of how far #Blockchain technology has come and how it is enhancing traditional finance.
https://twitter.com/CoinsbitIndia/status/1407633799467343875
The bank is evaluating the economic, financial, and technological aspects of CBDCs, as well as the "operationalization model."
Additionally, the study will look at the "implications for monetary policy and financial stability." of the CBDC.
While CBDCs are centralized, recent events are proof of how far #Blockchain technology has come and how it is enhancing traditional finance.
https://twitter.com/CoinsbitIndia/status/1407633799467343875
Twitter
Coinsbit India 🐯
The National Bank of Rwanda, the latest to join the CBDC trend, has confirmed that it is examining the prospect of issuing its own digital currency. The bank is evaluating the economic, financial, and technological aspects of CBDCs, as well as the "operationalization…
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More Bitcoin ETFs continue to surface.
3iQ Corp, Canada's largest manager of digital asset investment funds, has officially listed The Bitcoin Fund on the Nasdaq Dubai.
The Bitcoin ETF is the first publicly traded digital asset fund in the MENA region.
A bitcoin ETF reflects the price of the flagship digital currency. This enables investors to invest in crypto passively with significantly lesser risks.
This is a popular investment tool among institutional investors. The fund gained 10% on its first day of listing in Dubai.
https://twitter.com/CoinsbitIndia/status/1407970608940404740
3iQ Corp, Canada's largest manager of digital asset investment funds, has officially listed The Bitcoin Fund on the Nasdaq Dubai.
The Bitcoin ETF is the first publicly traded digital asset fund in the MENA region.
A bitcoin ETF reflects the price of the flagship digital currency. This enables investors to invest in crypto passively with significantly lesser risks.
This is a popular investment tool among institutional investors. The fund gained 10% on its first day of listing in Dubai.
https://twitter.com/CoinsbitIndia/status/1407970608940404740
Twitter
Coinsbit India 🐯
More Bitcoin ETFs continue to surface. 3iQ Corp, Canada's largest manager of digital asset investment funds, has officially listed The Bitcoin Fund on the Nasdaq Dubai. The #Bitcoin ETF is the first publicly traded digital asset fund in the MENA region.
Just days after accepting Bitcoin as a legal tender, El Salvador is set to get another upgrade as Athena Bitcoin is planning a $1 million investment to install cryptocurrency ATMs in the nation.
The firm will also open an office and recruit staff.
President Nayib Bukele "presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable," said the firm's director for Latin America Matias Goldenhörn.
The development follows El Salvadors plans to power Bitcoin mining operations using Volcanic energy.
The switch to Bitcoin has sparked a technological revolution in the nation.
https://twitter.com/CoinsbitIndia/status/1408360607598841858
The firm will also open an office and recruit staff.
President Nayib Bukele "presented us with a tough challenge of 1,500 ATMs, we will go for that, but in phases. We are a private company and we want to ensure that our development in the country is sustainable," said the firm's director for Latin America Matias Goldenhörn.
The development follows El Salvadors plans to power Bitcoin mining operations using Volcanic energy.
The switch to Bitcoin has sparked a technological revolution in the nation.
https://twitter.com/CoinsbitIndia/status/1408360607598841858
Twitter
Coinsbit India 🐯
Just days after accepting #Bitcoin as a legal tender, El Salvador is set to get another upgrade as Athena Bitcoin is planning a $1 million investment to install #cryptocurrency ATMs in the nation. The firm will also open an office and recruit staff. Thread🧵
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CIN tokens will have several use cases and holders can enjoy monthly #staking rewards.
Did you collect your $CIN tokens yet?
https://twitter.com/CoinsbitIndia/status/1408724861539688449
Did you collect your $CIN tokens yet?
https://twitter.com/CoinsbitIndia/status/1408724861539688449
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Mexico's third-richest man Ricardo Salinas Pliego wants his bank to be the first bank in the nation that accepts Bitcoin.
He is the founder and chairman of Grupo Salinas, a Mexican corporate conglomerate.
Salinas a major Bitcoin proponent and has more than 10% of his liquid portfolio in Bitcoin.
The development is quite ironic, but it seems the divide between banks and cryptocurrencies, in general, is narrowing down as more banking institutions get exposure to Crypto.
https://twitter.com/CoinsbitIndia/status/1409439617955233795
He is the founder and chairman of Grupo Salinas, a Mexican corporate conglomerate.
Salinas a major Bitcoin proponent and has more than 10% of his liquid portfolio in Bitcoin.
The development is quite ironic, but it seems the divide between banks and cryptocurrencies, in general, is narrowing down as more banking institutions get exposure to Crypto.
https://twitter.com/CoinsbitIndia/status/1409439617955233795
Twitter
Coinsbit India 🐯
Mexico's third-richest man Ricardo Salinas Pliego wants his bank to be the first bank in the nation that accepts #Bitcoin. He is the founder and chairman of Grupo Salinas, a Mexican corporate conglomerate.