Latest Blockchain and Crypto News

The US presidential administration is going to issue an initial government strategy for the crypto industry next month, after which agencies will estimate the risks and advantages of digital assets. A report by Bloomberg, based on the information from people familiar with the subject, reveals that...

Recently it became known that one of the leading banks in Morocco, Attijariwafa Bank, is joining the payment network of the RippleNet cryptocurrency project, which was created by the well-known American blockchain company Ripple, which is the developer of the digital asset of the same name. It must...

It is no secret to anyone that the Chinese government has recently been waging a fierce fight against the cryptocurrency industry, not giving it the slightest chance for its development. However, despite this, various fraudulent groups continue to carry out illegal cryptocurrency fraud, deceiving...

The president of El Salvador, Nayib Bukele revealed that the country obtained 410 bitcoins for $15 M. The BTC price was around $36.580 at the time of the purchase. It's the lowest price since July 26, 2021. Earlier, Bukele tweeted that he would probably miss the dip this time. However, he changed...

Rishi Sunak, the British chancellor, recently expressed his concerns about the promotion of cryptocurrency investment through the mass media. In his opinion, advertising misleads financial market customers and can entail huge risks. "Advertising carries a threat because they can cause great...

The Federal Reserve System of the USA published a research paper on the digital USD, discovering the currency’s advantages and shortcomings. The establishment said that this is the first step between the system and stakeholders. Originally, the release was expected to be published in the summer...

According to the CEO of Paxos stablecoin developer Charles Cascarilla, in 2022 the cryptocurrency industry will enter a qualitatively new phase of development. First of all, this concerns the entry of institutional investors into digital assets. We will also see the massive adoption of...

Twitter's subscription service Twitter Blue announced that now users can use NFTs as their profile pictures by connecting their crypto wallets. Tesla CEO Elon Musk reacted to the news, saying that the news is annoying. In his opinion, it would be better if the social media network spent its...

Popular Instagram model Irene Zhao recently launched a special Decentralized Autonomous Organization (DAO) called IreneDAO, as well as a collection of native tokens, which caused a flurry of discussion in the NFT space. IreneDAO was launched on the weekend, but in two days the popularity of the...

Crypto prices continued to decline. Bitcoin price dropped to $38.560. Currently, Bitcoin trades at around $39.000. Ether declined to $2800. In the last 24 hours, the global market cap decreased by 7.8% and now stands at around $1.8 trillion....

As of today, many government agencies in Singapore express their distrust of digital assets, not wanting to use virtual money for any transactions. At the same time, everyone should note that not so long ago, the government of the country reacted quite kindly to the cryptocurrency, even developing...

El Salvador continues to increase Bitcoin’s role in the country’s economics. Currently, the government considers offering small and medium businesses $10 M in crypto-backed loans. The program will start in the first quarter of this year. Director at Technological Economic International Affairs...

In November 2021, as part of the implementation of the CBDC concept, the Bank of Russia announced tests of a platform for transactions with the crypto ruble. As Deputy Chairman of the Central Bank Olga Skorobogatova noted, the regulator, together with several largest banks, intends to implement the...

Today Russia’s Central Bank issued a report on the crypto industry, trends, risks, and regulations. The regulator announced its plans to enhance regulations on unbanked cryptos and stablecoins. The institution proposes a full crypto ban, including issuance and operations. It also offers to...

In the middle of this week, Bitcoin (BTC) broke above $42,000. On some trading floors, the BTC rate reached $42,500 on the morning of January 19. However, a correction soon followed, and the night before, the cryptocurrency fell to $41,292. Today, its capitalization over the past seven days has...

Meta, the parent company of Facebook, Instagram, and other entities, aims to provide users the possibility to create and trade NFTs. An article, published by Financial Times, informs that Facebook, and Instagram are working to enable users to put their NFTs on view through their profiles. Persons...

Iranian authorities expect to use the national digital currency (CBDC) to bypass US economic sanctions. According to local media reports, the Central Bank of the Islamic Republic plans to provide access to the token to all test participants. However, the regulator has not yet named any specific...

The chair of the US SEC, Gary Gensler said that platforms offering crypto trading services will be a primary focus of the agency. Bloomberg informs that during a recent virtual conference, Gensler said that he had asked the staff to get crypto exchanges inside the investor protection area and look...