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Argentinians Criticize IMF Requirement to Slow Down Crypto Adoption in the Country
15.3.2022
Argentinian citizens involved in the cryptocurrency industry are criticizing a perceived anti-crypto requirement that the recent deal made with the IMF has introduced. The deal, which restructures and gives more facilities to the country to pay the $45 billion owed to the fund, also hints at...
China’s Digital Yuan App Gets Update as Police Deal with First-Ever CBDC ‘Fraud’ Case
15.3.2022
The central People’s Bank of China (PBoC) has added new functionality to its pilot digital yuan app – but it appears that some citizens are already trying to commit crimes using the new token, and have attempted to use it to launder money.
Per IT Home, the PBoC’s app, which debuted in 11 cities...
Ukraine War Throws Timing of El Salvador’s Bitcoin Bond Debut into Doubt
14.3.2022
El Salvador may launch its sovereign bitcoin (BTC) bonds as early as tomorrow – but the war in Ukraine may cause disruption to the plans of the President Nayib Bukele-led government.
The 10-year bonds, the government said it hopes, will be worth some USD 1bn, will be backed by taxpayer funds...
South Korea’s Next President Might Create Parity for Crypto and Stock Market Traders
12.3.2022
South Korean media expect the nation’s President-Elect to up the crypto tax limit to impose uniformity with stock market traders – and venture into the unknown with pro-crypto policies. However, this is likely to result in more regulation rather than a laissez-faire approach....
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Stripe’s Support for Crypto is Back, NFT Support Launched As Well
11.3.2022
Payments giant Stripe has launched support for cryptoassets and non-fungible tokens (NFTs), while crypto exchange FTX and its US arm also signed with Stripe for payments and know-your-customer (KYC) services.
Stripe co-founder John Collison announced that:
“Stripe now supports crypto...
eBay to Launch ‘Digital Wallet’, Teases 'Fractionalization'
11.3.2022
The e-commerce heavyweight eBay has claimed that it is exploring the option of adding “new forms of payment” and will launch a digital wallet in the second quarter of the financial year – but has stopped short of announcing any crypto pay-related developments. Meanwhile, the company also made...
Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
10.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
Goldman Sachs Leaves Russia, Reportedly Set to Increase Crypto Focus
10.3.2022
Investment banking giant Goldman Sachs is reportedly stepping up its work on crypto by exploring whether it should offer over-the-counter (OTC) crypto options. The news came as the firm said it is leaving Russia, becoming the first major Wall Street bank to do so after the war in Ukraine...
Okcoin launches $165M collective investment to push Bitcoin adoption
10.3.2022
The Bitcoin Odyssey is funded by Digital Currency Group, GBV Capital, White Star Capital and GSR, among other organizations
Ukraine Outlets Offer Exclusive Content Behind an NFT Paywall
9.3.2022
Three Ukrainian news outlets have partnered with Vault, a non-fungible token (NFT) platform, to offer exclusive content from within the country but behind an NFT paywall, requiring those interested to buy an "NFT key" in order to gain access.
The three outlets are Ukrainska Pravda, Novoye...
Avalanche aims to accelerate subnet adoption with multiverse incentive program
9.3.2022
Avalanche Foundation Director Emin Gün Sirer says that subnets may be the next big thing in blockchain technology
El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits
9.3.2022
On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which...
Russia Sanctions Means Countries May Transition to Bitcoin Reserves - Pantera’s CEO
8.3.2022
Both nation-states and private citizens around the world are likely to find it “very appealing” to keep control of their own money in light of the sanctions placed on Russia, and countries could start transitioning to bitcoin (BTC) for foreign reserves, Pantera Capital’s Dan Morehead has argued....
Clear regulations will accelerate crypto adoption, says SEBA Bank exec
7.3.2022
“In the medium-long term, I expect engagement with crypto to accelerate prompted by a clearer regulatory environment,” SEBA Bank's Christian Borel told Cointelegraph
Bitcoin Is Helping Both Sides in Ukraine War, But It Won’t Wreck Russian Sanctions
6.3.2022
Gavin Brown, Associate Professor in Financial Technology, the University of Liverpool._____
War is expensive. The United States spent about USD 1.1tn on the 2003 Iraq war in today’s money, while the Falklands war cost the UK the equivalent of about GBP 2.6bn (USD 3.4bn). ...
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Crypto Wallet Trends in 2022: More Privacy, Security, Features, and Choice
6.3.2022
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Cryptoasset ownership and adoption continue to increase steadily, encouraging new investments and developments in the crypto wallet market too.
In fact, data compiled by Statista shows that downloads of the ten most popular wallet apps began to take off from December 2020, while...
Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
5.3.2022
Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s...
Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
4.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Shake Shack Bitcoin, Manchester OKX, New Crypto Investments + More News
Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options
4.3.2022
The Spanish telecoms giant Telefónica is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage....
Read More: Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options
Swiss City of Lugano Makes Bitcoin, Tether ‘De Facto Legal Tender’
3.3.2022
Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials...