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Central Bank of Peru Will Develop a Digital Currency


The Central Reserve Bank of Peru, the Peruvian central bank, is planning to develop a central bank digital currency (CBDC) like other economies of the world. The announcement was made by its president, Julio Velarde, who stated that the currency would be designed for use primarily in payments....

Bitpanda New Partner Lydia's 5.5M Users Will be Able to Invest in Crypto


Major French mobile financial services app Lydia is slated to offer its 5.5m users exposure to a wide range of crypto assets after a partnership with the Austrian crypto exchange Bitpanda. As part of the deal, Lydia will integrate Bitpanda’s digital asset investment product, dubbed 'White Label...

Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says


Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...

Bitcoin as Legal Tender: a Look at the Pros, Cons, and Future Trends


Greg Waisman, co-founder and COO of the global payment network Mercuryo. __________ Since the inception of Bitcoin (BTC) back in 2009, there has always been buzz around the topic of adopting the cryptocurrency as a nation's official legal tender.... Read More: Bitcoin as Legal Tender: a Look...

India To Define Crypto As Asset, Ban Payments, and Ads - Report


Amid a rising number of signs indicating that India’s government could adopt a more nuanced approach to cryptoassets, another report claims that the authorities are finalizing work on legislation that could pave the way for regulation of cryptoasset trading - while banning crypto’s use in payments...

Digital Ruble Should Not Boost Inflation, Bank of Russia Says


Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project....

Crypto Adoption in 2022: What to Expect?


The crypto market is having a strong end to 2021, with various cryptoassets -- including bitcoin (BTC) -- hitting new all-time highs. The question is: will we continue seeing increasing adoption of cryptocurrencies among investors, institutions, and even governments next year?... Read More: Crypto...

Alchemy Pay’s Unique Crypto-Fiat Payment Solution Disrupts the Industry


On November 6, 2021, Alchemy Pay’s Chief of Staff, Karmen Tang, delivered her keynote address at the Epicenter Crypto Conference in Lisbon. Tang took the audience through a brief history of Alchemy Pay and the broad ecosystem they have now built within blockchain infrastructure. The founders...

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