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Iran Places First Official Import Order With Cryptocurrency Worth $10 Million


Iran has placed its first official import order using cryptocurrency worth $10 million, according to a government official. “By the end of September, the use of cryptocurrencies and smart contracts will be widespread in foreign trade with target countries,” the official added. Iran...

Chess Robot Breaks Seven Year Old's Finger, Tourney Official Blames Kid


Last week a child was playing chess against a robot when, in the words of one official, something “of course bad” happened. According to Russian media reports and a video of the incident, the robot pinched the seven-year-old’s finger and fractured it. Not great!Read more

Argentinian Government Excludes Crypto Investors From Buying Dollars


The Argentinian Central Bank has issued a new set of restrictions that are affecting citizens and companies that have purchased cryptocurrency to use it as a hedge against currency devaluation. The bank will only sell dollars at an official rate to individuals and companies that have not purchased...

US Treasury Open to Nonbanks Issuing Stablecoins, Official Says


As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, says that’s fine with the agencies that once recommended issuers be regulated as banks

NYDIG to Provide the New York Yankees With Bitcoin Payroll Services


On July 14, 2022, the bitcoin company NYDIG, a subsidiary of Stone Ridge, announced that the firm inked a multi-year deal with the Major League Baseball (MLB) team the New York Yankees. According to the partnership announcement, NYDIG will be the professional baseball team’s “official...

Bank of Russia Says Stablecoins Are Not Suitable for Settlements


The Central Bank of Russia has spoken out against stablecoins, which it says are highly risky and not fit for payments. The monetary authority reacted to a statement by a top finance ministry official who suggested that his department would support the development of Russian stablecoins....

Adshares Establishes Premium Partnership With Sandbox


PRESS RELEASE. Adshares (ADS) is putting another stake in Metaverse’s advertising territory through a partnership with Sandbox (SAND). The long-awaited partnership by the Adshares community has finally come to a head. The official partnership will bring the two projects closer, in order...

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