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Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny


With the US reportedly cutting off Venezuelan oil sales by May 31, experts warn that the country’s likely shift towards digital currency necessitates stricter regulations. The post Venezuela’s Digital Currency Use to Face Tighter Regulatory Scrutiny appeared first on Cryptonews

Taking Ordinals to a New Level: Why Bitcoin Inscriptions Need AR


Have you ever touched an NFT – or seen one floating in the air right in front of your eyes? The time has come to advance digital collectibles – and bring them as close to the physical reality as they have ever been, enabling a plethora of new use cases. The post Taking Ordinals to a New Level:...

FBI Warns Americans Against Using Unregistered Crypto Money Transmitters


The US Federal Bureau of Investigation (FBI) has issued a warning to Americans regarding the use of cryptocurrency money-transmitting services that are not registered as Money Services Businesses (MSBs). The post FBI Warns Americans Against Using Unregistered Crypto Money Transmitters appeared...

Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again


Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports, prompted by renewed US oil sanctions, Reuters reported on Monday. The post Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again appeared first on Cryptonews

World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs


The World Economic Forum recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored the potential of wCBDCs to alleviate significant industry challenges and address key pain points. The post World Economic Forum Study Reveals 98% of Central...

Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments


The Bank of Israel is launching a sandbox environment for testing CBDC said in a statement use cases, in an effort to refine the design of the digital shekel and ensure its capacity to facilitate advanced applications. The post Israel’s Central Bank to Roll Out Sandbox for CBDC Experiments...

Payment Use Cases Fuel Increasing Stablecoin Growth


The global stablecoin supply currently stands at over $150 billion, demonstrating new demand for relatively stable digital assets.  The stablecoin market has also grown more competitive. For example, XRP issuer Ripple recently announced plans to launch a United States dollar-backed stablecoin. ...

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