Stc Bahrain, a telecom provider in Bahrain, recently made a public announcement that it will begin accepting cryptocurrency payments. The firm has partnered with Eazy Financial Services, according to the announcement. Customers of Stc Bahrain may now use the Binance wallet to pay their invoices, according to the announcement. Cryptocurrencies
Officials at Kazakhstan’s central bank, the National Bank of Kazakhstan (NBK), say they’ve finished phase two of testing the infrastructure supporting the country’s central bank digital currency (CBDC). The whitepaper produced by the regulator. Presents trial findings and research on the necessity for a new form of national fiat, the
As India holds the rotating chair of the G20, the finance and central bank deputies convened in Bengaluru, India, from December 13-15. As India’s economic affairs secretary Ajay Seth said at a press conference on Wednesday, the G20 countries are working to develop a policy consensus on crypto assets in
The substantial reduction in the Shiba Inu (SHIB) circulating supply has been caused by the quantity of SHIB burnt in the recent hour. More tokens have been burnt in the past 24 hours than in the previous day. The Shibburn community burnt 1,500,000 SHIB tokens in a single transaction in
Following the demise of the FTX exchange. The crypto sector across the globe has been dealt with a stringent hand in terms of regulations. Incoming FCA chair Ashley Alder is the most recent person to comment on the sector. On December 14th, he warned MPs that cryptocurrency platforms enabled widespread
The Prudential Treatment of Cryptoasset Exposure Report, December 2022, was recently published by the Bank for International Settlements (BIS). According to the latest policy announcement, financial institutions may now keep 2% of their reserves in cryptocurrency. The new policy, which allows banks to store 2% of their reserves in cryptocurrency,
On Friday, the US Department of Justice (DOJ) stated that Karl Sebastian Greenwood, an associate of “Cryptoqueen” Ruja Ignatova and the co-founder of OneCoin, had pled guilty to federal counts of wire fraud and money laundering in connection with the OneCoin scandal. U.S. Attorney Damian Williams stated: “As a founder
In response to B. Riley’s $72 million investment. Shares of Core Scientific, a Bitcoin mining company, have more than doubled in price during the previous 48 hours, from $0.15 to $0.46. Core Scientific, one of the major crypto-mining corporations in the United States, has had a disappointing year, prompting this
The European Central Bank (ECB) joined the U.S. Federal Reserve and other central banks around the globe in taking action against inflation on Thursday by lowering the pace at which it is increasing interest rates. In an effort to combat the high costs that are weighing on consumers, the central
Separating the Terra Classic (LUNC) community from Terraform Labs and Do Kwon. As proposed by the Terra Rebels in their contentious Proposal 11030, seems to be turning into reality. In fact, as Jared of TFL pointed out before, splitting Terra Classic apart from Terra (LUNA) is the best option. Since
