Banking

The Bank Of Spain Has Launched The Test Of A Euro-Backed Stablecoin EURM
Jan 20, 2023 at 08:30
News
The Bank Of Spain Has Launched The Test Of A Euro-Backed Stablecoin EURM
The Bank of Spain has announced that it has begun testing the EURO backed stablecoin, called EURM. The new digital euro is based on the Ethereum and Polygon blockchain network.
Fraud, Bankruptcies, And Collapses: How 2022 Became A Terrible Year For Cryptocurrencies
Dec 30, 2022 at 08:30
News
Fraud, Bankruptcies, And Collapses: How 2022 Became A Terrible Year For Cryptocurrencies
2022 was a year that saw the massive collapse of high-profile companies and the crash of crypto prices. The year's events left many investors with fears and made it difficult for cryptocurrency market analysts to predict prices.
What Type Of Crypto User Benefits the Most from Crypto Payments and Transfers?
Oct 19, 2022 at 13:00
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What Type Of Crypto User Benefits the Most from Crypto Payments and Transfers?
The cryptocurrency ecosystem is vast and growing, with new segments sprouting up faster than innovation can keep up. Early on, the industry consisted of miners and hobbyists who were in it for the tech.
A UK Banking Giant Turns to the Cryptocurrency Industry Amidst Bearish Market
Jul 25, 2022 at 11:50
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A UK Banking Giant Turns to the Cryptocurrency Industry Amidst Bearish Market
While the overall cryptocurrency market appears to be unwaveringly bearish, some investors think the downtrend is a good time to get into the industry. UK financial giant Barclays is looking to invest in a cryptocurrency project.
Bank Of Uganda Warned Traders Against Cryptoasset Business
May 10, 2022 at 12:00
News
Bank Of Uganda Warned Traders Against Cryptoasset Business
The Central Bank of Uganda (BoU) has warned citizens against using Bitcoin and other forms of cryptocurrencies for business.
The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
Apr 26, 2022 at 11:38
News
The Bank of Russia Continues to Test Digital Ruble Payments. Could It Help Circumvent Western Sanctions?
The Bank of Russia is continuing to test the Digital Ruble payment system and plans to involve more banks into the program in 2023.
Russia Seeks a way to Legalize Cryptocurrency Mining as Soon as Possible
Mar 28, 2022 at 09:40
News
Russia Seeks a way to Legalize Cryptocurrency Mining as Soon as Possible
The issue of legalizing the mining of cryptocurrencies in Russia is not new. However, now the country's Energy Ministry is emphasizing the need to create a proper framework so that the economy can benefit from it.
Is it Possible to Use Cryptocurrency to Sanction Any Country
Mar 14, 2022 at 08:21
News
Is it Possible to Use Cryptocurrency to Sanction Any Country
Whenever a country is sanctioned, its traditional banking institutions are the number one target. This is the same thing that happened recently with Russia when the EU, NATO, the US and many other democratic countries decided to impose tough economic sanctions for invading Ukraine. Now Washington is considering cryptocurrencies as a possible tool for sanctions against Russia.
How Cryptocurrency Save People's Life in Crisis and War
Mar 03, 2022 at 10:00
News
How Cryptocurrency Save People's Life in Crisis and War
The currently prevailing political war between Russia and Ukraine required faster preparation of the respective citizens for emergencies. People have withdrawn their money from ATMs and are therefore cashless. At the same time, they cannot join the queues at the banks to collect their money from the counters, so they are in a state of helplessness.
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