65% of Transactions Will be Digital by 2026, a BCG-PhonePe Report Says
As consumers continue to go cashless and move into the digital payment system, the practice of holding a physical wallet when shopping or making offline...
Tag : Cryptocurrencies
Stablecoins Fail to Meet Requirements for Massive Use, Bank of England Says
As a result of the recent TerraUSD crash, which dropped to zero over the course of many days, sliding below parity, a Bank of England...
Technologists Call on the US Lawmakers to Resist the Influence of the Crypto Industry
The first coordinated campaign to challenge well-funded lobbying by blockchain corporations has united a group of prominent experts to encourage US lawmakers to crack down...
Britain’s Finance Ministry Will Adapt Existing Rules to Deal With Any Stablecoin Collapse
Following the crash of Terra’s stablecoin earlier this month, the UK Treasury has proposed a new insolvency regime to safeguard consumers’ assets, as Britain’s finance...
Ropsten Beacon Chain Is Ready To Run Through The Merge
A public test network known as Ropsten will be the first to move from a proof-of-work (PoW) consensus mechanism to one based on the Ethereum...
South Korea is Establishing a Crypto Regulatory Agency
According to local media sources, South Korea plans to establish a digital asset monitor as early as June. Since the Terra ecosystem’s demise, the South...
Ryoshi, the Founder of Shiba Removes His Posts From Social Networks
Memecoin SHIB’s creator, Ryoshi, has erased all of his tweets and blogs in a move that has many members of the community scratching their brains...
China Eases Covid Restrictions and Crypto Market Rises
The worldwide cryptocurrency market has seen a modest boost in its price, making it an exciting start to the week for Bitcoin and other major...
Australian Consumer Advocates Call for Urgent Regulation of the Crypto Sector
An Australian consumer advocacy organization, Choice has urged the new Labor government to prioritise cryptocurrency regulation as part of a proposed regulatory framework to better...
Bitcoin Rises 5% And Recovers 30K, the Rest of the Market Follows on the Rise
After another round of falls in the last few days, the global crypto market cap has recovered. And the crypto market cap was $1.27 trillion...