Cryptocurrency Analysis and News Portal
The central bank of Iran is gearing up to begin the pilot phase of its digital currency project in the near future, its new head announced to representatives of local media. The monetary authority is also preparing to move forward with a plan to reform the legislation that governs its
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Grayscale Investments has confirmed its plan to file for its bitcoin trust (GBTC) to be converted into a bitcoin exchange-traded fund (ETF). “The NYSE Arca will file a document called the 19b-4 to convert GBTC into an ETF,” said Grayscale’s official. GBTC to Become Bitcoin ETF Grayscale Investments has confirmed that it
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The owner of the NBA team Dallas Mavericks, Mark Cuban, has said “no” to investing in bitcoin-based exchange-traded funds (ETFs), one of which could start trading next week in the U.S. The Shark Tank star does not see a reason for him to invest in a bitcoin ETF, emphasizing that
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“Yahoo users will not be able to interact via mail with Google email (Gmail) users,” — If tomorrow’s headlines sounded like this, the earth would come to a halt. This headline shall never see the light for all the right reasons. However, blockchain tech and its favorite son, decentralized finance
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Zimbabwe’s increasingly pro-crypto finance minister, Mthuli Ncube, recently told his colleagues in government that it is now impossible to run away from cryptocurrencies. Ncube said this after revealing that some 30% of the country’s youth are now invested in cryptocurrencies. Zimbabwe Ready to Make Concessions on Cryptos According to a report
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While none of the seven members have yet to commence development of a retail CBDC, the central banks of all of the member countries (the European Central Bank in the case of France, Germany and Italy) have at least demonstrated intent to explore implementing one. Original Source
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A Financial Stability Board (FSB) stocktake has found that stablecoins, or cryptocurrencies pegged to real-world assets, are currently not being used at a significant scale for mainstream payments.The finding was mentioned in an FSB roadmap and progress report for enhancing cross-border payments on Wednesday. The FSB published its first targets
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While Russia continues to enforce a ban on cryptocurrency payments as part of a law which took effect in January, the country has no plans at this time to completely prohibit trading by its citizens.According to an Oct. 12 report from local news agency Interfax, Alexey Moiseev, the deputy finance
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On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and
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sponsored Flurry Finance is announcing an exciting development in the world of DeFi, as the successful launch of the rhoToken marks a next level evolution in yield aggregation! Users are now able to freely earn, trade, and spend deposit tokens while farming without restrictions or lockup periods. The future of
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