The Bank of Russia has registered tokenization service Atomyze as the country’s first digital asset management company, the central bank officially announced Thursday.According to the announcement, the Bank of Russia has formally deemed the rules of the company’s information system and the platform’s technical implementation as being compliant with the Russian law.The … [Read more...] about Russian central bank registers nation’s first digital asset manager
Nations
Palau President Talks Stablecoin Plans Following Island Nation’s ‘Digital Residency’ Rollout
“One of the challenges that we have in Palau is, it's hard to get pennies, it's hard to get quarters,” Whipps said. “Cash shortages are a real thing here, so what digital wallets would really provide is freedom, freedom from having to go to the bank.” Source link … [Read more...] about Palau President Talks Stablecoin Plans Following Island Nation’s ‘Digital Residency’ Rollout
$2.5T crypto market will not wait for nations to onboard: WazirX CEO
Indian entrepreneur and the CEO of crypto exchange WazirX Nischal Shetty envisions a race between countries to launch their local versions of central bank digital currencies (CBDC) in the coming year. Speaking to Cointelegraph, Shetty said that the year 2022 would be an extension of the ongoing discussions around crypto regulations, exchange-traded funds (ETFs) and the … [Read more...] about $2.5T crypto market will not wait for nations to onboard: WazirX CEO
Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status, Hillary Clinton Says
Clinton’s comments come in the wake of controversial crypto tax reporting requirement that was part of the $1 trillion bipartisan infrastructure bill signed into law by U.S. President Joe Biden on Monday. Per the bill, from 2023, brokers will need to disclose customers’ names, addresses, phone numbers, capital gains, and losses to the Internal Revenue Service. Entities … [Read more...] about Crypto Could Destabilize Nations, Undermine Dollar’s Reserve Currency Status, Hillary Clinton Says
Monster-battle NFT game Axie Infinity soars in popularity among developing nations
It's no secret that video-game streaming platforms, such as Twitch, have made it possible for players to earn money by broadcasting their gaming experience to an audience of gaming enthusiasts. But now, the tokenomics of blockchain-powered digital games like Axie Infinity have made it possible for users to make money by simply playing the game. At the time of publication, Axie … [Read more...] about Monster-battle NFT game Axie Infinity soars in popularity among developing nations