The Ethiopian National Bank Issues a Warning Against Digital Currency Transactions
While other nations, such as the Central African Republic, have accepted bitcoin as legal tender, Ethiopia’s National Bank has stated in a statement released on...
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Institutional Buyers Begin to See Cryptocurrencies as a Source of Long-Term Potential
Some investors believe bitcoin is nearing a bottom, based on the amount of money flowing into listed cryptocurrency funds, which represent a small portion of...
Australian Gold Coast Mayor Suggests Using Cryptocurrencies for Tax Payments
Mayor Tom Tate of the Gold Coast, Australia, has suggested that in the future, people could use cryptocurrencies to pay local taxes, but critics have...
South Korea Try The Metaverse for Work and Study
by Jai Hamid
South Korea students believe that studying and working in the metaverse helps them focus better and stay up with their friends in a manner similar...
The New York Senate Passes a Bill to Ban Bitcoin Mining
During an early morning session of the state senate on Friday, New York lawmakers passed a bill banning some types of cryptocurrency mining that use...
U.S. Accuses Former OpenSea Employee with NFTÂ Insider Trading
by Jai Hamid
Manhattan federal prosecutors have accused a former product manager at OpenSea, the biggest online marketplace for non-fungible tokens (NFTs), of insider trading. This is the...
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...
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...