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XRP Hits $2.77, Becomes Third-Largest Crypto Amid Market Frenzy
2.12.2024
Over the past day, XRP, the digital currency, has climbed more than 41% against the U.S. dollar, marking a 431% increase overall. Trading Mania: XRP’s Explosive Rally Draws Global Attention Currently riding a wave of momentum, XRP is trading at $2.77 per coin as of 11:20 a.m. ET on Dec....
US Bitcoin reserve is possible to achieve but not without downsides
2.12.2024
Government participation in crypto hasn’t always had great outcomes for the space, with the SEC under the Biden administration causing plenty of headaches for firms
Prelude to Currency War? Trump Threatens 100% Tariffs to BRICS Countries Abandoning the ‘Mighty’ Dollar
1.12.2024
President-Elect Trump has threatened countries of the BRICS bloc leaving the dollar standard with 100% tariffs, applying the same playbook implemented against China, Mexico, and Canada. Trump remarked the U.S. would not stand and watch the bloc replace the dollar. Trump to Close U.S. Markets...
Russia Approves Crypto Tax Law, Redefining Digital Currency Rules
28.11.2024
Russia’s new crypto tax law classifies digital currencies as property, exempts mining from VAT, and mandates detailed reporting, signaling a seismic shift in regulation. Russia’s New Crypto Tax Rules Signal a Major Shift in Digital Currency Regulations The Federation Council, Russia’s upper house...
Tether discontinues support for euro-pegged stablecoin EUR₮
27.11.2024
Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin
Digital money lag threatens international security
26.11.2024
Central banks face mounting pressure to innovate, or risk falling behind in the digital currency race, with implications for national security and financial stability
Texas’ gold-backed coin aims to help Bitcoin adoption, says lawmaker
22.11.2024
The Texas state-issued digital currency is projected to encourage skeptical investors to eventually try out Bitcoin one day
Shanghai judge says cryptocurrency is a commodity, legal to own
20.11.2024
Shanghai Judge Sun Jie calls virtual currency a commodity with property attributes in a commentary on a 2017 business dispute
Digital Currency Group’s Barry Silbert Bets Big on AI Blockchain Bittensor
20.11.2024
Barry Silbert will be the CEO of Yuma, a new DCG company focused on incubating and building new businesses within Bittensor’s decentralized AI ecosystem
AI Agents Can Help Crypto Become the Currency of AI
19.11.2024
But there’s a lot of work to do, says Jesus Rodriguez, CEO, IntoTheBlock
Will Trump Make Bitcoin America’s Reserve Currency? Polymarket Bettors Say Maybe
13.11.2024
Donald Trump’s potential move to establish a national bitcoin reserve sparks interest on Polymarket. Polymarket Users Place Bets on U.S. Bitcoin Reserve In an interesting turn, Polymarket, a decentralized prediction market platform, has seen some activity in a bet worth $262,098 that wagers...
Chinese microchip company says it’s now accepting Bitcoin as payment
12.11.2024
Huangzhou-based crypto mining chip maker Nano Labs saw its share price rise slightly after announcing it will start accepting Bitcoin as payment
Zimbabwe Plans to ‘Float’ Rapidly Depreciating Gold-Backed Currency
11.11.2024
Zimbabwe has said it plans to let its rapidly depreciating gold-backed currency, Zig, float freely on the foreign exchange market. A central bank official said this would help the currency achieve price discovery without administrative interference. However, the official did not give a timeline...
Polygon’s AggLayer adopts Agora’s AUSD as native currency
11.11.2024
AUSD now powers AggLayer on Polygon, optimizing crosschain liquidity and eliminating token bridges
Putin Discusses US Dollar Dominance and BRICS Common Currency
9.11.2024
Putin dismissed claims that Russia would abandon the U.S. dollar, downplayed BRICS currency ambitions, and emphasized the dollar’s global dominance. Putin’s Take on US Dollar: Why Russia Isn’t Turning Away Yet Russian President Vladimir Putin addressed speculation regarding Russia’s...
Kremlin Warns: Global Concerns Grow Over Dollar’s Political Use
9.11.2024
Kremlin spokesman Dmitry Peskov noted that the abuse of the U.S. dollar as a political instrument has caused other nations to be concerned about potential roadblocks to using the currency in the future. Kremlin Highlights Nations’ Concerns on the U.S. Dollar Weaponization The Kremlin...
Pokémon TCG Pocket Has A Staggering 12 Different Currencies, And Counting
8.11.2024
We’ve already very carefully been over the grimly insidious nature of Pokémon TCG Pocket’s unpleasant free-to-play model, but an aspect of this peculiar and enormously successful mobile spin-off from the long-established card game is just how many in-game currencies it has you juggle. So far, there...
Pakistan Digital Currency Reforms Set Path for CBDC as Legal Tender
5.11.2024
The Pakistani government has proposed amendments to the State Bank of Pakistan (SBP) Act to recognize central bank digital currencies (CBDCs) as legal tender. These changes would authorize the central bank to issue, regulate, and manage digital currency in both digital and physical forms....
Pakistan moves to regulate cryptocurrency, CBDCs as legal tender
4.11.2024
The proposed amendments would allow for sweeping changes to the country’s financial sector.
US store chain Sheetz expands crypto payments via Flexa
2.11.2024
Sheetz has expanded its partnership with Flexa to accept BTC, ETH and stablecoin payments at over 750 locations in the US