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Chinese Telecoms Firms Growing Increasingly Keen on Digital Yuan


Chinese telecom operators are growing increasingly keen on digital yuan adoption, a report has claimed, as the CBDC finds new adoption strongholds. Per EY (via Sohu), the central People’s Bank of China (PBoC) is keen to bring the nation’s biggest operators (the likes of China Telecom and China...

BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop


After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?... Read More: BTC20...

Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban


In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...

Will the Bitcoin Price Hit $50k in 2023? BTC20 Presale Pumps Past $450,000


The anticipation surrounding the Bitcoin price in 2023 continues to grow as BTC20, a highly-anticipated presale event, experiences a surge, surpassing the remarkable milestone of $450,000.  Speculations are mounting among investors and enthusiasts alike, wondering if this upward momentum will...

Coinbase to Wind Down Lending Program Over Coming Months


Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said

‘Historic’ BRICS Summit to Be Held Without Putin in Person


Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing that Putin will join the event via video link. Putin...

RFK Jr. Pledges Support for Bitcoin-Backed Dollar and Tax Exemption for BTC


US Democratic presidential candidate Robert F. Kennedy Jr. has said he is in favor of a tax exemption on Bitcoin (BTC), while also unveiling a plan to partly back the US dollar with “real, finite assets” like Bitcoin. “Like Singapore, Germany, Switzerland, Puerto Rico and Portugal, a Kennedy...

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