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Zimbabwe to Hike Benchmark Rate to 200%, Central Bank Minted Gold Coins to Act as Store of Value
28.6.2022
After seeing the country’s inflation rise to 191.6% in June, Zimbabwean monetary authorities said they have resolved to increase the benchmark interest rate to 200% per annum. In addition, the central bank said it will introduce gold coins which will act as an instrument that will...
Netherlands-Based Coinbase Customers Required to Submit KYC Data When Transferring Crypto off the Platform
26.6.2022
Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants...
Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment
17.6.2022
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow...
USDC Issuer Circle to Introduce Euro-Backed Stablecoin in U.S.
16.6.2022
The Euro Coin will be backed by euro-denominated reserves held by U.S. regulated financial institutions
Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules
7.6.2022
A wide-reaching, bipartisan crypto bill finally emerged Tuesday from U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), who are seeking to extend a comprehensive set of regulations across digital assets in the U.S. and have given industry lobbyists something meaty to debate
Senators Introduce Bill to Limit Use of China’s Digital Currency in the US — ‘This Is a Major Financial and Surveillance Risk’
28.5.2022
Several U.S. lawmakers have introduced a bill to prohibit app platforms in the country from hosting apps that enable transactions using China’s central bank digital currency, the digital yuan. “The Chinese Communist Party will use its digital currency to control and spy on anyone...
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
20.5.2022
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government...
Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina
3.5.2022
Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investing in cryptocurrency are already able to purchase four different crypto assets directly from...
Fuzzle NFT Game is Landing on Planet Earth
28.4.2022
PRESS RELEASE. PLANET EARTH (April 27, 2022) – Gala Games has teamed up with Endless AI to introduce Fuzzle– a first-of-its-kind “living” NFT collectable, simultaneously pushing the boundaries of conversational AI and blockchain gaming through a groundbreaking...
FoggyStar
26.4.2022
FoggyStar was launched in the beginning of 2022 by Canadian and Japanese company investors. We came up to create something new in the crypto casino industry by utilizing blockchain technology. We continuously work very hard to introduce new products on … Continued
The post FoggyStar appeared...
Interlay introduces new protocol for Bitcoin’s reciprocal relationship with DeFi
7.4.2022
XCC is positioned as a supporting mechanism to XCLAIM, a protocol which acts as the foundational layer for Interlay’s Bitcoin one-to-one backed asset interBTC
Meta to Introduce Virtual Tokens that Are Not Cryptocurrency - Report
7.4.2022
Meta, the parent organization of social media platforms Facebook, Instagram, and WhatsApp, is reportedly drafting plans to introduce virtual coins that are not based on a blockchain.
“Zuck Bucks,” which is how it is called by Meta employees internally, is one of these virtual coins designed...
Meta may introduce tokens and digital currency lending services to apps: Report
6.4.2022
The virtual currency, which employees have reportedly dubbed ‘Zuck Bucks’, will be aimed at use in the metaverse
US lawmakers introduce companion bill to 'mitigate risks' from El Salvador’s Bitcoin Law
5.4.2022
"The United States must have a plan in place to protect our financial systems from the risks of [El Salvador's] decision," said Representative Norma Torres
Georgia Central Bank Plans to Introduce New Crypto Rules: Report
5.4.2022
The eastern European nation will follow international guidance as it sets out anti-money laundering and licensing regime
MADworld and BAPE Partner to Introduce Online/Offline Web3 Experience
4.4.2022
MADworld has announced a collaboration with A Bathing Ape, also known as BAPE, a renowned Japanese fashion company, and both will be dwelling in the world of Metaverse. Since its inception in 1993 in Harajuku, Tokyo, Japan, BAPE has become one of the world’s most recognizable streetwear...
Shiba Inu Presents SHIB Metaverse With Over 100K Land Plots
3.4.2022
Shiba Inu, the meme-coin project that mimicked dogecoin, has announced it is launching its own take on the metaverse. The project, called “Shib: The Metaverse,” will introduce more than 100K plots of land to be unlocked at different times. The Shiba Inu team also announced the prices...
EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi Space
1.4.2022
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions...
Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions
1.4.2022
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month....
US Lawmakers Introduce 'ECASH' Bill in New Push to Create a Digital Dollar
28.3.2022
The ecash would be a digital analogue to the greenback, and could preserve privacy and anonymous transactions, according to an adviser on the bill