It appears that due to the strict regulations concerning cryptocurrencies and the global economic crisis, many crypto firms are facing several hurdles when operating their business. Recently, Kraken, one of the largest cryptocurrency swaps in the world, has announced that it will be stopping its US crypto-staking business and compensating the US Commodity Futures Trading…
Recently it was announced that Russia’s Rosbank is now offering digital gold trading for digital rubles. This is an incredibly important development in the world of digital currency, as it marks the first time a major bank has accepted digital rubles as payment. This is just the beginning; over the following weeks, more and more…
In recent years, the world has seen a surge in the development of the digital currency. Several countries have been pushing toward the implementation of digital currency, including China, Japan, the Bahamas, and Sweden. Now, India is set to join the force as the Reserve Bank of India (RBI) is all set to publicize India’s…
On this joyous occasion of the Spring Festival, China is allocating a generous sum of $26 million in Central Bank Digital Currency (CBDC) to its citizens. This munificent gesture reflects their commitment to financial inclusion and technological progress. The government’s digital Yuan activities have seen a massive uptake in multiple cities, with the total value…
