Cryptocurrency Analysis and News Portal
Argentina’s economic restrictions have reached the sports industry, with the first signing of a local football player with cryptocurrencies hitting national headlines.The transfer of midfielder Giuliano Galoppo from Banfield's Athletic Club to Sao Paulo Futebol Clube was made in USD Coin (USDC), exceeding $6 million and up to $8 million
Read More
Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a devastating economic and political crisis. The central bank stressed that it “has not given any license or authorization to any entity or company to operate schemes” involving cryptocurrencies. Sri Lanka’s Central Bank Issues Notice About Cryptocurrency The Central
Read More
“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. The zone can quickly pass thorough and comprehensive frameworks for the regulation of DAOs, stablecoins and other facets of the Web3 space that are currently poorly defined
Read More
“We want this country to be a global hub – the very best place in the world to start and scale crypto companies,” he said at the Innovate Finance Global Summit in London, according to a published version of his speech. “If there is one message I want you to
Read More
Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that prompted the price of stablecoins in
Read More
The Ghanaian government has reportedly changed its mind and will now seek a financial rescue package from the International Monetary Fund (IMF). The decision comes just a few days after residents took to the streets to protest the spiraling inflation and growing economic hardships. Ghana’s Growing Balance of Payments Deficit After
Read More
Bitcoin (BTC) was a response to the 2008 global recession. It introduced a new way to transact without depending on trust of third-parties, such as banks, particularly failing banks that were nevertheless bailed out by government at the expense of the public. "The central bank must be trusted not to debase
Read More
The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve. Original Source
Read More
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s Chief Economic Adviser Skeptical of Crypto, Defi, Decentralization The Indian government’s
Read More
Global investment bank Goldman Sachs’ president and chief operating officer has warned of unprecedented economic shocks and tougher times ahead. His statement echoes JPMorgan CEO Jamie Dimon’s warning that a “hurricane” is coming our way. Goldman Sachs President’s Warning About the U.S. Economy Goldman Sachs President and Chief Operating Officer John
Read More