Category: Blog

Mexico's central bank
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Mexico to create its own digital currency

Mexico’s central bank has announced that it will launch its own ‘digital currency’ by 2024. The inverted commas appear here for a reason, as CBDC will be very different from bitcoin and other cryptocurrencies. The news was confirmed in an interview by the central bank’s…

Cryptocurrency mines have had their electricity cut off in Iran
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Ban on cryptocurrency mining in Iran

Cryptocurrency mining has been banned in Iran on the grounds that it consumes too much energy. Local miners will only be able to resume work at the end of winter. Under pressure from the Iranian Energy Ministry’s demands, local cryptocurrency miners must suspend operations. The…

What does the bill on cryptocurrencies contain
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Senator Cynthia Lummis has drafted a new cryptocurrency bill

Cynthia Lummis, a senator from the state of Wyoming, has drafted a new bill to comprehensively regulate the cryptocurrency market. The document will be submitted to Congress as early as this year. Senator Cynthia Lummis has repeatedly made herself known as a supporter of digital…

bitcoin is unrivaled
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Will bitcoin replace dollar?

Rapper Cardi B asked on Twitter whether bitcoin has a chance of replacing the American dollar. Famous billionaire Jack Dorsey gave an affirmative answer. Jack Dorsey, the former chairman of Twitter, is famous for his pro-bitcoin sentiments. He abandoned his own company in order to…

the number of cryptocurrency transactions in Turkey
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Turkey investing in cryptocurrencies

The Turkish lira is currently the weakest currency in the world. The currencies of other countries have gotten 100% stronger compared to it. In the face of hyperinflation, Turks have started investing in digital assets in droves, especially in bitcoin. The cryptocurrency market in Turkey…

Making Dubai World Trade Center a regulator
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Dubai will improve the cryptocurrency market

The Dubai authorities have announced that the government business complex Dubai World Trade Center is to become a cryptocurrency market regulator. The main goal of this enterprise is to promote investing in digital assets. Dubai, a city located in the middle of a desert, has…

Work is underway to integrate Instagram with NFT
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Work is underway to integrate Instagram with NFT

The creators of Instagram are working non-stop to implement NFT technology into their service. It will make tagged posts and photos unique, like physical objects, and prevent them from being copied. Work on Instagram’s integration into the NFT marketplace has been underway for at least…

Will Russia ban cryptocurrency trading
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Will Russia ban cryptocurrency trading?

Russian central bank intends to ban investment in cryptocurrencies. It argues its decision, among other things, with the use of digital assets in criminal activities. Russian policymakers have previously expressed their scepticism towards cryptocurrencies. It looks like they will ban digital assets trading soon. The…

ASA bans cryptocurrency ads
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ASA bans cryptocurrency ads

The UK advertising regulator has banned cryptocurrency advertising by exchanges such as Coinbase, Kraken, eToro and Exmo. The reason for this decision is allegedly to mislead unwitting consumers. The Advertising Standards Authority (ASA for short), the institutional regulator of advertising in the UK, has issued…