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‘All Winter Olympics Merchants Now Accept Digital Yuan,’ Say Chinese Banks


  The Chinese central bank, the People’s Bank of China (PBoC), is gearing up for what will be the biggest week yet for its digital yuan. And while the token remains officially in its pilot phase, it will be showcased to the world next week as the Winter Olympics begin. Domestic adoption plans will...

Global Crypto Owners Predicted to Surpass 1 Billion This Year


The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by the public. We may in many cases expect a friendlier stance towards the crypto...

Putin Talks up Russia’s Crypto Credentials as Ukraine Tension Mount


  Recent talk of a ban on crypto in Russia may be premature – particularly after the nation’s President Vladimir Putin appeared to talk up the country’s crypto capabilities. And with the United States threatening to sanction the Russian leader over heightened tensions on the Ukrainian border...

Crypto-Based Money Laundering Still on the Rise, DeFi Gets Bigger Role


  Money laundering in crypto continued to rise between 2020 and 2021, although the illicit activity still remains below its all-time high from 2019. However, the takedown of two major illegal services in the past year may have made the activity less concentrated, blockchain intelligence firm...

Chinese Local Gov’ts, Tech Firms Take Tentative Metaverse Steps


  Chinese government-run firms and local governments are starting to explore metaverse-related innovations – although they are proceeding with due caution, given the fact that the nation last year enacted its most stringent crypto crackdown to date. With the rest of the tech world launching...

Why and How Crypto Will Rule Metaverse


  Rabindra Ratan, Associate Professor of Media and Information, Michigan State University, and Dar Meshi, Assistant Professor of Communication Arts and Sciences, Michigan State University. ____... Read More: Why and How Crypto Will Rule Metaverse

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