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Crypto and NFTs meet regulation as Turkey takes on the digital future
23.1.2022
Despite unclear — or even lack of — regulation and taxation of cryptocurrencies, Turkey is increasingly using digital assets amid high inflation
World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF
23.1.2022
The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF). The Ishares blockchain tech ETF aims to track the Intercontinental Exchange (ICE) index called...
Russian Banks Begin Testing Digital Ruble Payments
22.1.2022
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble...
Fractional NFTs Might Democratize Digital Investing
22.1.2022
2021 has arguably been the year of non-fungible tokens (NFTs). With over USD 10bn in sales, the largely crypto art-driven NFT market could overtake the traditional arts & antique markets in sales by as early as this year.
One of the latest innovations in the NFT market is so-called “fractional...
Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market
22.1.2022
The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other...
Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population
21.1.2022
Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons...
Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site
21.1.2022
PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns...
Does a Fed digital dollar leave any room for crypto stablecoins?
21.1.2022
Could stablecoins be undone by a Federal Reserve that takes consumer deposits? Would retail banks be hobbled?
These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
21.1.2022
A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive...
US Fed Wants Answers To 22 Questions About Digital Dollar
21.1.2022
The US Federal Reserve (Fed) has released its digital dollar whitepaper, and is seeking answers to 22 questions related to its central bank digital currency (CBDC) project from a wide range of stakeholders....
Read More: US Fed Wants Answers To 22 Questions About Digital Dollar
Bitcoin Falls Beneath $40K, Dragging Crypto Economy Below $2 Trillion
21.1.2022
On Thursday evening around 10 p.m. (EST), the price of bitcoin fell beneath the $40K zone for the first time since September 21, 2021. During Friday’s early morning trading sessions, bitcoin plunged to a low of $38,250 per coin. Furthermore, the market capitalization of the entire...
Laos Licenses 2 Cryptocurrency Trading Platforms
21.1.2022
The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now the only two licensed entities that can offer full brokerage and trading services in cryptocurrencies and other digital assets in the country. 2 Cryptocurrency...
LBank Exchange Will List STEP on January 21, 2022
21.1.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STEP on January 21, 2022. For all users of LBank Exchange, the STEP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 21, 2022. While...
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
21.1.2022
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’...
Yield App Launches V2, and It’s More Than Just a New Look
20.1.2022
Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than...
Fed issues discussion paper on benefits and risks of a digital dollar
20.1.2022
"The Federal Reserve would only pursue a CBDC in the context of broad public and cross-governmental support," said the recently published paper
Spellfire Oversubscribed Twice, a Staggering $3.8M Raised
20.1.2022
Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million. Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital...
MicroStrategy CEO won't sell $5B BTC stash despite crypto winter
20.1.2022
MicroStrategy's Michael Saylor has no intention of selling from his firm's $5 billion Bitcoin chest despite a 40% drop in the value
Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
20.1.2022
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco
China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made
20.1.2022
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yuan ($13.78 billion) have been made using the digital yuan and more than 8 million...