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Significant technology development for the last two decades has led to the establishment and successful evolution of virtual currencies. Nowadays, there’s hardly anyone who hasn’t heard of Bitcoin, and its popularity is constantly growing.

The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business.

Most travel restrictions have been lifted and everyone is almost ready for the holiday season. Time to start checking travel destinations off the bucketlist. What better way to start traveling again than by using cryptocurrencies?

Liquid Craft has successfully launched their first liquor-backed NFT series Dragons and Bourbon with the aim of adding tangible value to NFTs through physical asset backing.

If there were a Crypto Republic, these heads of state would potentially be its leaders. From adopting cryptocurrencies as their respective country's currency to passing crypto-friendly regulations, they are the true unsung heroes of the crypto revolution.

El Salvador has left the whole world wondering whether it should follow suit after adopting bitcoin as legal tender this month, despite critics saying it comes with huge social, economic and political burdens. Africa, particularly Tanzania, could become a carbon copy of El Salvador.

The International Monetary Fund (IMF) and the World Bank have been somewhat reticent about countries giving cryptocurrencies legal tender status or promoting their widespread use within their borders, but no one seems to be listening.

Cryptocurrencies are on the rise in numerous industries including sports. Many sports clubs are introducing salary payments, partnerships and sponsorships in crypto. AZ Alkmaar is the latest European sports club to crack a partnership deal where part of the sponsorship amount is disbursed in bitcoin.

The flag carrier of Latvia AirBaltic has become the first-ever airline to create non-fungible tokens (NFTs). The airline unveiled that it will create NFT in a short supply to exhibit one of its registered Airbus A220-300 and also use it to promote the tourism industry in the country.