The blocking of SWIFT for Russians, has also boosted Bitcoin activity in the country. Ethereum has gained 1.65% in the previous 24 hours. After a long string of losses, the global crypto market has reversed direction. Consequently, there was an increase in uncertainty and a subsequent decrease in its value.
Brian Powell, criticized the government’s response to the demonstrators’ acts. CEOs are legally obliged to conduct Know Your Customer (KYC) checks. Bitcoin and other cryptocurrencies are still being used to support demonstrators in Canada. For some of the demonstrators, Prime Minister Justin Trudeau’s recent invocation of the Canada Emergencies has
Fed officials can no longer trade or own any sort of digital assets and stocks. Official announcement from Federal Open Market Committee (FOMC) spikes fire. Limited time period allotted to dispose of all their digital and stock holdings. This particular official statement from the Federal Reserve is quite hysterical. With
The expertise team behind Ripple (XRP) officially announces a promising partnership with the Digital Euro Association (DEA). The main aim of the collaboration is to exchange technical knowledge. And to enhance the design and updates of the central bank digital currencies (CBDCs). Significantly, through this partnership, Ripple will strengthen its
India’s central bank digital currency (CBDC) is also being developed by RBI. RBI would adopt crypto taxes before issuing its digital currency. It has been stated that the Indian government is “constantly monitoring” and “watching the crypto sector” by Finance Minister Nirmala Sitharaman. In reference to her budget address, she
Their families were able to join the wedding via Google Meet. The couple tied the knot on November 15, 2021. Most people would choose to tie the knot on a beach or at a five-star resort. Still, Indian couple Shruti Nair and Anil Narasipuram chose to wed in the most
The Infrastructure Bill was passed into law last November. The White House intends to seize control of U.S. government policy on crypto. As early as February 2022, the Biden administration will issue an executive order on cryptocurrency. According to several government agencies, there have been several discussions among top administration
Fed Chair Jerome Powell reveals a new legislature for digital currencies will be out soon. New rules and regulations by the U.S will be reflecting on the crypto market. Congressman Tom Emmer also tweets the same. It’s quite skeptical that ever since, the talks started in December, 2021 in the
George Town, Cayman Islands, 10th January, 2022, Chainwire The majority of today’s decentralized finance (DeFi) projects build tools that are replacements to those found in traditional finance (TradFi) systems. However, a new blockchain project called Abachi believes that DeFi is destined to converge with traditional finance, not replace it. To
Shanghai puts forth plans of adopting Metaverse. Metaverse technology to be used for economic developments through all sorts of industries and sectors. China focuses on adopting new technologies over crypto. It’s a well known fact that China is one of the prominent leaders in adopting the latest technology of all
