For several months, the use of the first cryptocurrency in El Salvador did not take on a mass character. This is evidenced by the data of a representative survey American organization National Bureau of Economic Research. Law recognizing bitcoin as an official means of payment in the country entered into force on September 7, 2021. Citizens...
The Central African Republic (CAR) has approved bitcoin as a means of payment along with the local franc. The relevant law was adopted by Parliament and signed by President Faustin-Archange Touadéra, writes AFP. The document also involves the introduction of cryptocurrencies. “The CAR was the first in Africa to take this step, which will put it among...
The cryptocurrency industry is still too small to compare large projects. However, this approach is useful when describing the product being created, said Ava Labs President John Woo as part of a podcast. Decrypt. The startup is behind the development of Avalanche, an open source platform for running decentralized applications, public and private blockchains. According to...
Lower house of the New York State Legislature voted for a bill designed to freeze current levels of carbon emissions from cryptocurrency mining. The document provides for a two-year moratorium on the issuance of new permits for the production of cryptocurrency using electricity generated from hydrocarbon sources. Enterprises operating under this scheme will not be able...
The developers of MetaMask and the service for buying cryptocurrencies and NFT MoonPay have agreed to cooperate. Non-custodial wallet users will be able to purchase digital assets with fiat. 🚨ICYMI🚨 MoonPay is now available to over 30 MILLION MetaMask users. Read about how we enable the purchase of crypto with cards. 👇https://t.co/9L7Z3RfaQS pic.twitter.com/EhMHLwCYVK — MoonPay (@moonpay) April 26, 2022 Options...
Arizona resident Reginald Fowler pleaded guilty to providing shadow banking services through the Panamanian processing of Crypto Capital. The Block writes about it. At the end of 2019, the man was going to partially confess to a number of charges. He later abandoned the plans due to a condition under which the authorities could recover $371 million from him. During...
Cryptocurrencies are a global phenomenon, so a coordinated effort is needed to regulate them. This was stated by a member of the ECB Board Fabio Panetta. Speaking at Columbia University, he noted that the potential collapse of the crypto industry poses a serious risk to financial stability. According to Panetta, the capitalization of digital currencies is about...
The developers of Near Protocol have launched an algorithmic stablecoin USN pegged to the US dollar and backed by the native NEAR token. It will be managed by DAO Decentral Bank. Meet $USN, the first NEAR-native stablecoin by Decentral Bank! Starting today, users can mint $USN using $NEAR through the NEAR web wallet (https://t.co/Kc7Tr4M7B8). Users can also swap...
Investment company SkyBridge Capital filed application to SEC to launch a fund that will invest in a cryptocurrency mining business. SkyBridge BTC Mining raises $7.04 million The form of limited partnership was chosen for the structure. Its participants will direct funds to co-finance the acquisition of mining equipment for Genesis Digital Assets, according to sources. CoinDesk. In September...
Dogecoin (DOGE) quotes reacted with a sharp increase to the news about the decision of Twitter management to sell the social network to Elon Musk. Over the past day, the meme-cryptocurrency has grown by 24.2%, according to CoinGecko. On the evening of April 25, the price of DOGE reached $0.17 at the moment. Currently, the rate...
