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Russia Explores Stablecoins for Settlements With Friendly Nations
7.9.2022
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face...
Brazilians Spent Almost USD 1Bn on Crypto in May, Digital Real Pilot to Begin in 2023
7.9.2022
Brazilians have spent more money than ever buying cryptoassets this year – and in May shattered previous spending records by shelling out a combined USD 912 million on coins.
Per the media outlet Portal de Bitcoin, the data was released by the nation’s Central Bank, which is yet to compile...
Ripple advisor teases 'more CBDC announcements in the next few weeks'
7.9.2022
The blockchain company has been pushing hard into the CBDC space since piloting its CBDC Private Ledger aimed at central banks in March 2021
India’s Central Bank RBI Starts Digital Currency Pilot With 4 Banks: Report
7.9.2022
India’s central bank, the Reserve Bank of India (RBI), has reportedly asked four banks to pilot the country’s central bank digital currency (CBDC) ahead of its public launch. RBI to Pilot India’s CBDC With Public-Sector Banks The Reserve Bank of India (RBI),...
Marathon Digital Energized 25,000 Miners in August, Produced 184 Bitcoins
6.9.2022
The company had previously faced issues of mining rigs installed, but with no energy service
CBDCs require governments to put a special focus on security
6.9.2022
Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys
Report: Saudi Arabia’s Central Bank Hires Virtual Assets and Digital Currency Program Lead
6.9.2022
The Saudi Arabian central bank has reportedly appointed Mohsen Al Zahrani as the lead of the bank’s virtual assets and digital currency project. The emergence of the United Arab Emirates (UAE) as the regional crypto hub is believed to have forced authorities in Saudi Arabia to consider...
Crypto noobs: What to tell newcomer friends about digital currency
5.9.2022
A look at some of the questions that friends, family and acquaintances may have about crypto and some appropriate responses
Binance Partners With Nigerian Authorities to Launch Dubai-Like Digital Economic Zone
5.9.2022
Major crypto exchange Binance is expanding its presence in Africa by launching a partnership with Nigeria’s authorities to build a Dubai-like digital economic zone. ...
Read More: Binance Partners With Nigerian Authorities to Launch Dubai-Like Digital Economic Zone
Terror groups may turn to NFTs to raise funds and spread messages — WSJ
5.9.2022
National security experts have raised the alarm bells over the "IS-NEWS #01" NFT, which is being seen as the first case of an NFT created and shared by a “terrorist sympathizer."
Study Identifies the Top 10 States in America Most Interested in Bitcoin, Ethereum
5.9.2022
On September 2, the crypto market aggregation web portal Coingecko.com published a study that identifies the top ten states in America that are most interested in the two leading digital currencies, bitcoin and ethereum. The team leveraged Coingecko’s page traffic data and found that...
Argentinian Tax Authority Wins Landmark Case to Confiscate Funds From a Digital Account
4.9.2022
The Argentinian Tax Authority (AFIP) has won a historic case to seize taxpayer funds from a digital account. The case, which was won in an appeal in the Federal Chamber of Mar del Plata, might bring about more seizures of this kind and include cryptocurrencies as part of a stricter policy of...
Ghanaian Central Bank Allays Fears That a CBDC Will Disrupt Mobile Money Operations
4.9.2022
The Bank of Ghana has said the expected implementation of the central bank digital currency will not disrupt or negatively impact the operations of mobile money operators. Rather, the central bank expects the digital currency to improve the efficiency of Ghana’s settlement systems as well...
Report: 11.4% of UAE Residents Have Invested in Cryptocurrencies
4.9.2022
Just over 11% of United Arab Emirates (UAE) residents have invested in cryptocurrencies, a report issued by the country’s Telecommunications and Digital Government Regulatory Authority (TDRA) has reportedly said. Globally, the United Arab Emirates is now ranked tenth in terms...
Indonesian Government to Launch Crypto Bourse This Year, Official Says
4.9.2022
The Indonesian government is set to launch a crypto bourse by the end of this year, a high-ranking government official reportedly revealed. “We will make sure that every requirement, procedure, and the necessary steps have been taken,” he emphasized. Crypto Bourse Coming Soon...
FIFA to Launch NFT Platform for Soccer Fans
4.9.2022
The international soccer governing body, FIFA, has announced the upcoming launch of an NFT platform for fans of the sport across the globe. FIFA+ Collect will offer digital collectibles perpetuating the greatest game moments of FIFA’s world cups, the organization promised. FIFA Develops...
Crypto Economy Loses $102 Billion in 30 Days — BTC, SOL Shed the Most Losses
3.9.2022
A great deal of digital currencies are down in value during the last 30 days and the worst performing crypto out of the top ten coins with the largest market valuations was solana, losing 19.12% against the U.S. dollar. Bitcoin was the second biggest loser in the top ten, as the leading crypto...
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles
3.9.2022
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...
NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3
2.9.2022
NFT Steez chats with Lukso co-founder Marjorie Hernandez about how Universal Profiles onboard and empower users with digital self-sovereignty
Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues
2.9.2022
Digital assets could become “a permanent feature of the financial landscape,” although decentralized cryptoassets like bitcoin (BTC) “fail as money,” Singapore’s central bank director has argued....
Read More: Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker...