Key Takeaways The Central African Republic’s President believes understanding BTC is crucial to acknowledge its disruptive power to bring long-term prosperity CAR’s decision to make BTC legal tender has been described as ill-advised by critics In April, Central African Republic(CAR)…
Key Takeaways According to the letter, a national registry mandate would increase transparency and regular disclosures from all crypto mining facilities concerning their energy sources, emissions, and metering agreements with local utilities. The letter by US Senators primarily raised concerns…
Key Takeaways The Governor stated that QCB is currently evaluating the pros and cons of issuing CBDC. He further noted that crypto assets that are not underlined by monetary authority might prove to be less credible. Qatar Central Bank(QCB) is…
Key Takeaways Peirce states that the current nature of the market provides opportunities for market participants and regulators to learn. She noted that the lack of a bailout mechanism in crypto is one of its biggest strengths. Recently, the SEC…
Key Takeaways The BIS report stated that Crypto’s security risks, high fees, and scalability issues, and unregulated intermediaries that pose financial risks are growing concerns in today’s monetary system. According to BIS’ Economic Adviser and Head of Research Hyun Song…
Key Takeaways The crypto registry is compulsory for crypto companies to operate in Spain Some companies registered last week include Bitpanda,Vottun, Criptan Trade, Eurocoin Broker etc. Bank of Spain registered 17 crypto companies last week, with the inclusion of three…
Key Takeaways Deutsche Bank projects a 3.1% contraction of the GDP in the third quarter of next year. Federal Reserve recently raised interest rates by 75 basis points to a target range of 1.5% to 1.75%. Leading Financial Institution Deutsche…
Key Takeaways As part of the new rule, WeChat public accounts involved in the issuance, trading and financing of crypto and NFTs will be banned The rule also applies to accounts that provide services or content related to the secondary…
Key Takeaway CoinDCX has halted withdrawals citing wallet maintenance and hence making the users concerned. CoinDCX announced that its wallet maintenance is extended until further notice.” We are trying our best to complete the upgrade at the earliest possible and…
Key Takeaways BlockFi lost over US$285,000,000 in the last two years of the bull market. Out of the total loss, $221 million was lost during the 2021 bull run when Bitcoin price reached up to $69k. BlockFi was also among…
