BIGG Digital Assets Inc V.BIGG

Alternate Symbol(s): BBKCF

BIGG Digital Assets Inc. owns, operates and invests in crypto businesses. The Company’s principal business activity is investing in companies in the digital asset space. It operates through three business segments: blockchain technology development, digital currency sales via the Netcoins App and immersive metaverse experiences. It has three portfolio companies: Netcoins Inc. (netcoins.com), Blockchain Intelligence Group (blockchaingroup.io), and TerraZero Technologies Inc. (terrazero.com). Netcoins offers secure crypto trading in Canada and the United States and has a robust product offering with over 50 assets for Crypto Trading, Netcoins Pay Mastercard and Staking (Canada Only). TerraZero Technologies Inc. is a vertically integrated Metaverse development group and Web3 technology company specializing in helping brands create immersive experiences. Blockchain Intelligence Group is a digital asset forensics, anti-money laundering detection, and cryptocurrency investigations company.

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Post by forrest6748on Apr 25, 2021 7:24pm

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Post# 33064378

NEWS: Turkey’s Central Bank Denies Total Ban Ahead

Turkey’s Central Bank Head Says Crypto Regs Coming, Denies Total Ban Ahead

https://www.coindesk.com/turkeys-central-bank-head-says-crypto-regs-coming-denies-total-ban-ahead

The head of Turkey’s central bank ruled out a total ban of cryptocurrencies and said a wide range of crypto regulations is coming within two weeks, Trade Moneta reported.

Speaking on state-run channel TRT, Governor ahap Kavacolu said, "You cannot fix anything by banning crypto and we do not intend to do this."
Kavacolu's comments come less than a week before a planned ban on the use of cryptocurrencies for payments is due to go into effect. The announcement of the ban, which came as the use of cryptocurrencies in the nation has soared due to a plunging lira, drew protests from the government's political opponents.
The comments also came shortly after the detention of employees of two crypto exchanges that are being investigated by the government.
Without giving details about the coming regulations, Kavacolu indicated they would clarify the legal definition of cryptocurrencies and regulate how they should be stored by institutions, Trade Moneta said.
The central bank chief said the regulations are needed to address the "alarming" amount of funds leaving the country via cryptocurrency, the report said.
News of the country's coming ban on crypto use for payments sparked a sell-off in the price of bitcoin (BTC, -3.61%) partly on concerns that other countries could follow Turkey's lead.