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60% of US Citizens Confess Lack of Clarity on Blockchain: Survey


A recent study found 60% of US residents lack comprehension of blockchain technology. Millennials, however, emerged as the most confident generation regarding crypto knowledge. The post 60% of US Citizens Confess Lack of Clarity on Blockchain: Survey appeared first on Cryptonews

Chinese Embassy Advises Citizens in Angola to Avoid Crypto Mining


The Chinese Embassy in Angola has cautioned its citizens residing in the African nation to refrain from mining cryptocurrencies, as this activity is now considered a criminal offense. The embassy has also urged its citizens to be vigilant of virtual currency schemes that exploit users’ aspirations...

South Korean Central Bank to ‘Speed up’ CBDC Project


The South Korean Central Bank is set to “speed up” its CBDC project, and will pilot its digital KRW with a group of 100,000 citizens later this year. The post South Korean Central Bank to ‘Speed up’ CBDC Project appeared first on Cryptonews

Republican Senators Propose Legislation to Prohibit CBDC: The Hill


U.S. GOP legislators have proposed a bill to ban Federal Reserve-backed central bank digital currencies, citing concerns over privacy and government access to citizens’ spending data. The post Republican Senators Propose Legislation to Prohibit CBDC: The Hill appeared first on Cryptonews

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