Russia’s CBDC Project Gains Momentum as Parliament Pass Digital Ruble Bill
The law will now shift to the Russian Federal Assembly’s upper chamber. If ratified, it will move to the president’s desk. The digital rule, which...
Coinbase Launches Messaging Service for Self-Custody Wallet
Coinbase, in its Wednesday, July 12 statement, confirmed introducing the messaging service allowing users to convey encrypted messages using the custodial wallet. The new feature...
International Monetary Fund (IMF) Urges Reforms to Shield Marshall Islands From Crypto Economy
The IMF believes that a nation with ‘capacity constraints’ and lacking a central bank should not enter the crypto economy. Annual talks between the Republic...
BISIH Supports CBDCs Though Critical to Cryptos in Open Letter to G20 Ministers
The Bank for International Settlements Innovation Hub (BISIH) penned an open letter to the G20 ministers. The letter captures the bank's findings addressed to the...
Standard Chartered Bank Claims Bitcoin May Hit $50K by End of 2023
Banking enterprise Standard Chartered has recently issued some major bullish predictions for the Bitcoin market. The report issued by the firm projects a $50K per...
Paradigm Counsel Faults SEC for Wrongful Attempts to Police Crypto Industry
The special counsel of crypto investment firm Paradigm criticized the US Securities and Exchange Commission (SEC) for its overreach in recent purges against crypto exchanges...
Google Cloud Adds New Bitcoin-Related Services for Consumers
Google Cloud is now working with Voltage to scale its current cloud-based services. At present Google Cloud is valued at $225 billion for data storage...
Gemini Sue Digital Currency Group and Barry Silbert Citing Earn Program Dishonesty
Cameron Winklevoss, the founder of Gemini, claimed that Barry Silbert was involved in fraud since he was aware that Genesis was significantly bankrupt when trying...
US Economy Adds 209,000 Jobs in June as Labor Market Slows Down
The total number of new jobs in America has reportedly dropped to the lowest ever rate since December 2020. The metric was shared by the...
UK Lawmakers are Working on New Legislation to Help Authorities Fight Crypto Illegal Activities
Lawmakers in the UK have continued their strict stance towards the crypto sector. The latest bill passed in the parliament has added new amendments to...