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Today’s financial world is becoming increasingly digitized, and naturally, central banks want to adapt to the changing environment. The use of cash is rapidly declining. Globally, the rise of digital payment apps and COVID-19 have only accelerated the decline in cash usage, fueling interest in digital currencies and demand for
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The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With Musk via Korean Government’s Youtube Account The
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Other altcoins in the CryptoX top 20 by market cap were in the green, most of them firmly so with ATOM and LRC recently jumping 12% and 8%, respectively. AVAX rose more than 5%, regaining ground it lost after a self-described "whistleblower" website on Sunday accused Ava Labs, the company
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Stakeholders in India’s blockchain space have created a new forum with more than 40 influencers to liaise with governments and regulators for blockchain and Web 3.0 adoption in the country.See related article: India’s latest tax assault on crypto exchanges starts FridayFast factsAccording to a local media report, India Blockchain Forum
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Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance; bitcoin and other cryptos rise. Original Source
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Veteran investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, has warned about cryptocurrency, stating that “if and when all our money is on our computer, it’s going to be government money.” Nonetheless, he noted that his wife invests in crypto. Jim Rogers’ Crypto Warning Famed investor Jim
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Last week, Democrats unveiled climate and health care legislation called the “Inflation Reduction Act,” and there’s a lot of debate over the name of the proposed public policy measures. After the legislation was revealed, 230 economists sent a letter to the country’s House and Senate leaders warning that the proposed
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The bill, which suggested significant restrictions on investing and using cryptocurrencies, should be opposed. Crypto adoption has accelerated in Turkey over the past two year, in part due to high inflation. My co-author and I believe that restricting crypto is a restriction on freedom, and is not only ethically and
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The government has published its response to a consultation on the upcoming Data Reform Bill. The response outlines plans to reduce burdens on business by enabling organisations to create flexible and proportionate compliance regimes. It includes proposals for improved
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