12 / 12 Relevant items tagged with #digitalcurrency

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MATIC Rising: Why Investors Are Upbeat On This Crypto For 2023

[Dec 24, 2022 3:34 AM] The year 2023 looks promising for MATIC. At least, with the way Polygon’s development team are performing, the crypto looks poised for a better year ahead. Polygon, a Layer 2 scaling solution, has recently rolled out zkEVM public testnet…

National Bank of Kazakhstan Publishes Whitepaper for Digital Tenge

[Dec 17, 2022 11:00 PM] The central bank of Kazakhstan has completed the second phase of testing for its digital currency and published a whitepaper. The studies carried out by the regulator on its introduction did not identify significant risks for the country’s…

Corporate America has finally taken notice of Web3: US trademark lawyer

[Dec 16, 2022 3:30 PM] Trademark applications filed this year covered various disparate sectors.

ADA Price Sheds 5% In The Last 7 Days Even As Trade Volume Soars

[Dec 16, 2022 8:37 AM] Cardano has been on the downside since ADA reached an all-time-high of $3.10 back in September 2021. As of writing, the 9th top crypto has dropped 5% in the last seven days. In comparison, major cryptocurrencies like Ethereum lost over 4.5%, and…

MetaMask to allow users to purchase and transfer Ethereum via PayPal

[Dec 14, 2022 2:45 PM] The service will initially be rolled out to select PayPal users within the United States.

FalconX says exposure to FTX represented 18% of its 'unencumbered cash equivalents'

[Dec 9, 2022 2:00 PM] According to the crypto brokerage firm, the 18% ratio fell well within its “counterparty exposure limits.”

Report: South African Digital-Only Bank Launches Crypto Payments Gateway

[Dec 6, 2022 6:30 AM] A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of…

Bitcoin Price Soars 5% In Last 7 Days – More Increase Coming This Week?

[Dec 5, 2022 4:59 AM] In recent days, Bitcoin has shown a good degree of bullishness. CoinGecko reports that Bitcoin’s price has increased on a daily and biweekly basis, suggesting that the market may be recovering from FTX’s fall. Investors at large were…

Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

[Dec 5, 2022 1:00 AM] A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under the current Russian DFA law, covers the…

Bitcoin Could Usher In December Near $18,000 If It Moves Past This Resistance

[Dec 1, 2022 10:10 AM] Bitcoin’s price increases have brought some sunshine to the cryptocurrency sector. Each of CoinGecko’s three timeframes—daily, weekly, and biweekly—showed BTC in a positive light. This is fantastic news for the cryptocurrency market as…

National Bank of Ukraine Unveils E-hryvnia Concept

[Dec 1, 2022 2:30 AM] The central bank of Ukraine has presented to interested parties a draft concept of the nation’s future digital currency, the e-hryvnia. The regulator is currently considering several potential applications for its digital coin, including retail…

Blockchain Pilgrimage: Regulating Crypto ‘Should Be Combined With Education’ Says Top Wadzpay Executive

[Nov 29, 2022 5:30 AM] The collapse of Do Kwon’s Terra empire in May, and Sam Bankman-Fried’s FTX in early November 2022, will be remembered as two incidents that put the crypto industry on the back foot. It is now widely expected that regulators around the…

National Bank of Ukraine releases draft concept for digital hryvnia

[Nov 29, 2022 4:03 AM] One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations.

MakerDAO community votes against CoinShares’ $500M investment proposal

[Nov 28, 2022 2:00 PM] Over 70% of the community’s votes were against CoinShares’ proposal to invest MakerDAO’s funds into various traditional assets.

Putin Calls for International Settlements Based on Blockchain and Digital Currencies

[Nov 27, 2022 5:00 AM] Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger…

‘Cryptocurrencies Like Bitcoin Make Global Commerce Easy’ — Founder of Nigerian Crypto Exchange

[Nov 26, 2022 3:30 AM] Despite the Central Bank of Nigeria (CBN)’s Feb. 5, 2021 directive that instructed banks to block crypto entities from the financial system, the demand and use of cryptocurrencies have continued to grow. Not even the central bank’s…

Banks still show interest in digital assets and DeFi amid market chaos

[Nov 18, 2022 9:49 AM] Traditional financial institutions continue to demonstrate use cases for digital asset support, along with DeFi capabilities, despite current market conditions.

Quant Wallet Holders Reach More Than 90,000 – Time To Buy QNT?

[Nov 17, 2022 10:06 PM] Quant (QNT) may not be like the Bitcoin and some of its fellow altcoins like Ethereum, Dogecoin and even Shiba Inu in terms of social dominance but it is silently making its move to be included among the list of must-have crypto assets right now…

Could Hong Kong really become China’s proxy in crypto?

[Nov 17, 2022 9:13 AM] With its partial autonomy, the island city of Hong Kong has traditionally served as a gate to China, but with crypto, there is a catch.

Russia’s Digital Ruble Integrated Into Banking App

[Nov 12, 2022 3:30 PM] VTB has become the first Russian bank to add the digital ruble to its mobile application. The integration is currently being tested with accounts set up for legal entities. Select customers will be granted access in the coming months and will be…

California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’

[Nov 11, 2022 8:00 AM] After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of Financial Protection and Innovation (DFPI) published…

Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says

[Nov 9, 2022 8:30 PM] The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender…