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Myanmar shadow government declares stablecoin USDT an official currency

Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared U.S. dollar-based stablecoin Tether (USDT) as an official currency for local use. As per a report published in Bloomberg, the NUG will accept Tether for its ongoing fundraising campaign seeking

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Dvision Network Announces Official Start of Its 1st LAND Sale in Cooperation with Binance NFT and NFTb

Dvision Network has announced that it will start offering the LAND NFTs in its metaverse, which represents the digital estate ownership in Dvision World. The anticipated launch of the first Meta-Cities will see lots sold in both New York and Seoul as part of a 10-part launch that is scheduled

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Institutions Snap Up Ether $5K Call, Bitcoin Risks Double Top as RBA Official Warns of FOMO Meltdown

“Aside from activity in the $5,000 and $6,500 calls, we also saw interest in calls at $7,000, $10,000, and $12,000 strikes,” Chu added. Ether’s options market has consistently seen bullish flows over the past month, barring Monday’s large trade in the put options or bearish bets at $3,000 and $4,000

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RBA Steps Up CBDC Research, But Is Not Convinced There Is a Policy Case Yet: Official

The Reserve Bank of Australia has been ramping up research into central bank digital currencies (CBDCs), but is not convinced “that a strong policy case has emerged in Australia,” said Tony Richards, Head of Payments Policy at the RBA.Australia’s current payment infrastructure provides consumers with ample safe and convenient options,

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Chinese provincial official expelled for violating crypto mining ban

The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful emgagement with crypto mining activities among other abuse of power. The Central Commission for Discipline Inspection (CCDI) alleged that Xiao Yi, former vice-chairman of the Chinese People’s Political Consultative Conference from Jiangxi province

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China to Release National Blockchain Standard Next Year, Says Official: Report

China’s technology standardization body will issue a national standard for blockchain next year, said an official from the China Electronics Standardization Institute, according to news site Chuanguan.The institute has drafted a standard and is in the process of approving it, said Li Ming, director of the Blockchain Research Office at

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Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions

Wally Adeyemo, the Deputy Secretary of the United States Department of the Treasury, said the department would likely be enforcing more sanctions on companies involved in illicit transactions related to ransomware payments.Speaking at an online event hosted by the Center for a New American Security with former Treasury Secretary Jack

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BTC Futures Open Interest Soars Leading up to Bitcoin ETF’s Official Launch – Bitcoin News

Prior to the launch of the Proshares Bitcoin Strategy ETF (BITO), open interest in bitcoin futures products has been surging since the start of the month, according to data from the Coinbase Institutional arm Skew Analytics. Binance and FTX command the lion’s share of bitcoin futures’ open interest with 40.67%

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YIELD App Named Official Partner of Premier League Football Club West Ham United – Press release Bitcoin News

press release PRESS RELEASE. YIELD App, a FinTech company, is thrilled to announce it has become the Official Digital Asset Wealth Management Partner of top Premier League football club, West Ham United. This exciting partnership comes just seven months after the public launch of YIELD App in February 2021, demonstrating the

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