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Rumors of expanding war, massive inflation destroying people’s purchasing power, and widespread volatility in the world of fiat currencies shaped the news this past week, with similarly dynamic developments in…
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were…
Russia intends to use its digital ruble, to be introduced early next year, for payments with its key ally, China. Authorities in Moscow hope other nations will be willing to…
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part.
Law enforcement agents from Hengyang (a city in the southern Chinese province Hunan) have reportedly busted a criminal group that employed cryptocurrencies to launder 40 billion yuan (approximately $5.6 billion).…
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year.
Some governments can negatively impact Bitcoin's environmental footprint by banning BTC mining, according to new data from Cambridge.
Nanjing University in China has reportedly launched one of the first majors in the country dedicated to the study of metaverse-related knowledge. The university, located in eastern China, stated that…
The Merge changed Ethereum’s protocol consensus from PoW to a more eco-friendly PoS. However, it caused some collateral damage along the way. For example, it is hurting GPU companies that…
While the U.S. dollar has soared in value against a basket of worldwide fiat currencies, Russia’s ruble climbed 4.5% against the greenback this week. During the first week of September,…