The Ukrainian parliament has passed a new payments law that would put its central bank digital currency(CBDC) on par with cash in Ukraine.

The meeting was scheduled for May 11.

Senator Cynthia Lummis – a Republican of the state of Wyoming – is looking to make it so that individuals can use their retirement accounts to invest in bitcoin and other cryptocurrencies. Cynthia Lummis: Crypto Would Be Perfect for Diversification Lummis was first elected to Congress in late 2020. Beginning her term in January of...

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Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021. India’s Crypto Future Looks Grim  Despite the fact that the supreme court of India has since overturned the bank’s ban on bitcoinRead More

US investors in cryptocurrencies are not driven by a distrust of the mainstream financial industry, according to the Bank for International Settlements...

Are stablecoins actually stable? Tether’s basket of reserve assets raises eyebrows as a new round of debate regarding backing begins.

Bitcoin maximalists have always been known to refer to Bitcoin as digital gold. There are speculations that Bitcoin will overtake gold in the coming years as a preferred store of value. This seems to be the case with each bull market as Bitcoin outperformed gold by 10 times in 2020. Gold has always been a […]

Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.

A recent report released by the Bank for International Settlements (BIS) pushed for CBDCs, saying that central bank digital currencies can be a good supplement to a competitive monetary system, and explored CBDC designs that countries can consider adopting. Central banks across countries are exploring digital currency options, including major economies like China, Japan, USA, and Russia. […]

For weeks, speculations have been high about the possibility that Paraguay would also follow El Salvador’s bold decision to make Bitcoin a legal tender. This speculation has finally ended when Paraguayan lawmaker Carlos Rejala was interviewed by Reuters and clarified that the country has no plans to follow El Salvador’s decision. He said the government […]

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Global cryptocurrency interest continues to grow, and is being propelled by discussion of mainstream companies, research from GlobalData suggests. The company monitored Twitter...

The South African Financial Services Conduct Authority is seeking to categorize digital currencies as a financial product after the massive $3.8 billion scam scare. FSCA categorizing digital currencies as the financial product would give it jurisdiction over the industry and allow it to protect investors who are becoming increasingly vulnerable to such scams. South Africa […]