One-Minute Crypto News – April 27, 2022

Polygon burns over 650,000 tokens since the rollout of burn mechanism. Crypto exchange Kraken received a financial services permission license from the Abu Dhabi global market to...

One-Minute Crypto News – April 27, 2022

  • Polygon burns over 650,000 tokens since the rollout of burn mechanism. “U Today”

  • The famous whale known as “Bombur” has purchased another 52 billion Shiba. “U Today”

  • Binance moves to impose new set of restrictions on Russian users of the platform in light of the new EU sanctions. “BSC News”

  • The Central Africa Republic became the latest country to regulate cryptocurrencies, allowing their use in the financial sector. “Coin Telegraph”

  • Crypto exchange Kraken received a financial services permission license from the Abu Dhabi global market to operate a regulated exchange platform in the United Arab Emirates. “Coin Desk”

  • Bitcoin ATM operator Coinme is arriving in Vermont, its 49th Only New York remains. “Coin Desk”

  • Reportedly, Afghans use crypto to curb Taliban’s influence on their financial well-being. “Bitcoin News”

  • The capital of Argentina, Buenos Aires, is planning to allow its citizens to pay some taxes with cryptocurrencies. “Bitcoin News”

  • Elon Musk hasn’t legally bought Twitter yet. The process is estimated to take several more months. My prediction is Twitter executives are doing this as a publicity stunt, to raise their stock prices. The deal will likely fall apart. “Mr. Whale”

  • Not a good sign for Bitcoin. New data shows that Bitcoin is facing a rare chart phenomenon that has historically resulted in 50 percent price drawdown. “Coin Telegraph”