Auto Added by WPeMatico

Bank of Russia to Test International Crypto Payments With Companies

The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted…

Continue ReadingBank of Russia to Test International Crypto Payments With Companies

Commodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’

Bloomberg Intelligence senior commodity analyst, Mike McGlone, believes a “warm spell” is coming in terms of bitcoin markets as the market strategist detailed on Monday that “bitcoin appears poised to…

Continue ReadingCommodity Analyst Mike McGlone Suggests ‘Bitcoin Appears Poised to Resume Its Inclination to Outperform’

National Bank of Kazakhstan Publishes Whitepaper for Digital Tenge

The central bank of Kazakhstan has completed the second phase of testing for its digital currency and published a whitepaper. The studies carried out by the regulator on its introduction…

Continue ReadingNational Bank of Kazakhstan Publishes Whitepaper for Digital Tenge

Blackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning

Blackrock, one of the largest asset management companies in the world, has warned that 2023 will be a year of recession different from other recessions in the past. As part…

Continue ReadingBlackrock Warns of Unprecedented Recession for 2023, Bull Markets Not Returning

BlockFi employees were discouraged from describing risks in internal communications: Report

According to a former employee, an internal team at BlockFi raised concerns about the borrower pool being too concentrated among crypto whales, such as Three Arrows Capital and Alameda.

Continue ReadingBlockFi employees were discouraged from describing risks in internal communications: Report

Russia’s Largest Digital Asset Deal Denominated in Chinese Yuan

A Russian company has announced the country’s first authorized transaction with digital financial assets (DFAs) involving a foreign currency, China’s yuan. The deal, reportedly the largest made to date under…

Continue ReadingRussia’s Largest Digital Asset Deal Denominated in Chinese Yuan

Russia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create…

Continue ReadingRussia’s Sber Bank Aims for Blockchain Integration With Ethereum and Metamask

Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist

Bitcoin proponent and author Jeff Booth is convinced that the crypto ecosystem will eventually collapse as a consequence of its centralization — except Bitcoin, that is.

Continue ReadingIs Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist