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Bancolombia, Colombia-based bank, planning to give access to its clients to do Bitcoin buy, sell and trade with their funds.  Because of the increasing demand for crypto-related products, not only new companies are entering this crypto industry but also financial institutions are getting in.  In the lastest, Colombian biggest Bank, Bancolombia revealed that they established a partnership with the Gemini crypto exchange. Under the partnership with Gemini, Bank will offer frictionless Bitcoin trading services for its clients.  However, Bank revealed its plan for its new crypto services but didn’t yet explain whether they will give the ability to the users to deposit and withdraw funds to/from third-party platforms or wallets, or not Reportedly, this initiative of the bank is a part of the government-sponsored pilot program. Under this proposed idea, the Bank will launch its service of Bitcoin trading by 14 December.  Cynthia del Pozo García, principal of strateg...

A South Korean regulator official left his job to get a job in the crypto industry.  In the present time, the crypto industry is exploding at a very high rate because people are looking toward a new way to make money and also unemployment is a big factor that is pushing people to get into such kinds of things. But this is a very effective way to make money from the big startups and companies. Most of the crypto companies are hiring either tech experts or any government official, to establish better connections with the industry & government regulatory body.  In the latest, the news is coming from South Korea, where Seo, deputy director at Financial Services Commission (FSC), planned to leave his position in the financial industry department this month. Reportedly, Seo will get a job at crypto exchange Bithumb. According to experts, the government will see the resignation letter of Seo to follow all the rules to accept the request.  Last year, a similar case was ...

The regulators of the UK are planning to exclude the crypto industry from its compensation program.  In the present time, the crypto industry is growing much rapidly in almost every country. However there are huge restrictions on the crypto-related services and also on the crypto traders directly and indirectly but still, crypto lovers are not going backward.  Due to the increasing demand for crypto investment and also the movement of big companies in the crypto firm investment, raising concerns for the lawmakers of the United Kingdom. According to UK officials, if by chance this market exploded then in that situation, these companies will face a very big hurt over other industries. So, UK authorities are planning to restrict the investment indirectly in the crypto industry, which surged by around 30% over the last year, even experts warned.  The Financial Conduct Authority (FCA) published the proposal document and clearly said that they are planning to cut Crypto inv...

Singapore, Singapore, 6th December, 2021, Play-to-earn blockchain game SYN CITY will be launching its Binance mafia metaverse via the Binance Initial Game Offering (IGO) on December 9th at 4 pm UTC. As part of this launch, the SYN CITY team will offer a list of limited-edition NFTs and other in-game assets specifically designed exclusively for Binance. The concept of Initial Game Offerings (IGO) has been gaining significant traction in recent months. All IGOs are exclusive to Binance, where top-tier blockchain games drop their NFT collections on the Binance NFT platform. These collections may list via auctions, fixed-price sales, mystery boxes, and more. Binance allows game developers to install several rounds of IGOs for their upcoming games. This helps creators offer unlimited assets in each round via flexible pricing structures. IGOs are limited to gaming so all dropped content on the Binance NFT platform must only include in-game assets. These may include assets such as experi...

Charlie Munger shared his stance on the Chinese authorities to ban crypto assets. He also expressed his own opinion on Bitcoin as disgusting in the past years.  In the present time, there are many crypto billionaires and also non-crypto billionaires, who grabbed huge profits through hard work of perfect analysis and the decision to invest in the best assets( crypto or non-crypto). It has been seen so far many times that most of the non-crypto billionaires criticized the crypto industry as an illusion to get rich in a short time.  In the latest, Charlie Munger- a billionaire and investor, appeared at the live Sohn Conference in Sydney on Friday. He showed that he agrees with the policies of China to ban crypto.   “I admire the Chinese, I think they made the correct decision, which was to simply ban them.” Earlier, in May of this year, Charlie described his point of view on Bitcoin and the crypto industry as disgusting. He said that Bitcoin and “ the whole damn...

Meme coin project Floki inu announced strategic integration of the FLOKI inu project with the Chainlink network.  Even there are no use cases with the meme coins, except trading. But still, there are many meme coins, which are getting huge support and gain by price. It happened many times that most of the meme coins projects faced huge criticism by big crypto personalities because of no use cases. Now, most of the meme crypto projects are planning to expand their future with new use cases.  In the latest, Floki inu coin project announced their plan of ChainLink integration as a strategic move to push the crypto project to the next level in terms of use case.  On 3 December, with the announcement, the Floki inu team confirmed that they are ready to push the Floki crypto project in the Defi industry also.  The #FLOKI x Chainlink Integration: A Quick Overview Here's a quick overview of the #FLOKI x Chainlink integration we announced today — and how importan...