Bank of Israel, Hong Kong Monetary Authority to Test CBDC

The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The post Bank of Israel, Hong Kong Monetary Authority to Test CBDC appeared first on BeInCrypto. дальше »

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Oman is Currently Working on its First Digital Currency

Oman is currently working on its first digital currency. This comes after stern warnings for its people to stay away from cryptocurrencies in general. The post Oman is Currently Working on its First Digital Currency appeared first on BeInCrypto. дальше »

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Litecoin Market Cap Crashed More Than $2 Billion in May

Litecoin was among the cryptocurrencies that saw more than a billion dollars wiped off its market value due to the steep decline in digital assets in the crash of May.  The post Litecoin Market Cap Crashed More Than $2 Billion in May appeared first on BeInCrypto. дальше »

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Jamaica Becomes First Country to Make a CBDC Legal Tender

Jamaica’s central bank has officially recognized the “Jam-Dex” central bank digital currency (CBDC) as legal tender, becoming the first country to do so. The post Jamaica Becomes First Country to Make a CBDC Legal Tender appeared first on BeInCrypto. дальше »

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New Crypto Regulations in Japan Could Allow Authorities to Seize Stolen Digital Assets

After passing a landmark bill to regulate stablecoins, Japan might become yet another major economy to revise its laws to seize illegally obtained crypto. The post New Crypto Regulations in Japan Could Allow Authorities to Seize Stolen Digital Assets appeared first on BeInCrypto. дальше »

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Asian Funds Are Skeptical About Digital Assets Despite Growing Global Adoption

Cryptocurrencies are no longer a fringe asset class like it was ten years ago after making their debut. However, wealth managers in Asia still view them with a measure of skepticism. The post Asian Funds Are Skeptical About Digital Assets Despite Growing Global Adoption appeared first on BeInCrypto. дальше »

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How NFTs Will Dominate the Event Space With Project Galaxy

Some may believe NFTs to be a fad, however, they are expanding across a number of industries such as gaming, real estate, and now thanks to Project Galaxy, even events.  Covering the basics NFTs are Non-Fungible Tokens, which, as described by most websites, refer to digital assets that represent real-world objects, such as art, music, … Continued The post How NFTs Will Dominate the Event Space With Project Galaxy appeared first on BeInCrypto. дальше »

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South Korean Authorities Intensify Crypto Regulations to Prevent Terra (LUNA) Recurrence

South Korea’s Financial Supervisory Service (FSS) has opened investigations into payment gateway services working with digital assets.  The post South Korean Authorities Intensify Crypto Regulations to Prevent Terra (LUNA) Recurrence appeared first on BeInCrypto. дальше »

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China: Chongqing Launches Tax Payment Pilot for Digital Yuan

The Chongqing district in China is to conduct a new pilot for the digital yuan CBDC. The pilot will allow taxpayers to make payments in digital yuan. The post China: Chongqing Launches Tax Payment Pilot for Digital Yuan appeared first on BeInCrypto. дальше »

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No ‘Redline’ Argument Against CBDC, Says BoE Official

An official from the Bank of England said that developing a central bank digital currency (CBDC) would be in line with the central bank’s directive. The post No ‘Redline’ Argument Against CBDC, Says BoE Official appeared first on BeInCrypto. дальше »

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LUNA 2.0 Trading Volume Surpassed $2 Billion in May

LUNA 2.0 saw huge investor interest in May after the revival of the Terra project, which saw the old digital currency and its network rebranded to Terra Classic (LUNC). The post LUNA 2.0 Trading Volume Surpassed $2 Billion in May appeared first on BeInCrypto. дальше »

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Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse

Local reports have confirmed that the South Korean government will launch a Digital Asset Committee this month in the wake of the Terra collapse. The post Korean Govt to Set up Digital Asset Committee as Country Probes Terra Collapse appeared first on BeInCrypto. дальше »

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Pride in the Sandbox Highlights Diversity, Beauty, and Community

The Sandbox metaverse prepares for its first digital Pride celebration and major brands like NYX makeup are joining the festivities.  The post Pride in the Sandbox Highlights Diversity, Beauty, and Community appeared first on BeInCrypto. дальше »

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Meet Candydex, the New Multichain DEX Network Token

The crypto market has been dropping since March. However, amid all the bearish sentiments, some investors are now turning their eyes to the new digital token CandyDex (CANDYDEX ). And that’s understandable too considering that the team behind the project is expecting the CANDYDEX price to jump more than 1,000X in the future CandyDex in … Continued The post Meet Candydex, the New Multichain DEX Network Token appeared first on BeInCrypto. дальше »

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Corporations in the Metaverse: Innovative? Or Maintaining the Monopoly?  

Big corporations are entering digital reality. Do these market behemoths pose a threat to the rebirth of the online world?  The post Corporations in the Metaverse: Innovative? Or Maintaining the Monopoly?   appeared first on BeInCrypto. дальше »

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MoneyGram CEO Confident in USDC Stablecoin for Cross-Border Payments

Established U.S. money-transfer company MoneyGram backs digital assets as the future of remittance. The post MoneyGram CEO Confident in USDC Stablecoin for Cross-Border Payments appeared first on BeInCrypto. дальше »

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China Will Airdrop Digital Yuan to Boost Locked Down Economy

China’s Shenzhen district will distribute 30 million digital yuan via red envelopes through a lottery program in a bid to boost the local economy which has been affected by lockdowns. The post China Will Airdrop Digital Yuan to Boost Locked Down Economy appeared first on BeInCrypto. дальше »

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Phygital World: The Metaverse is Merging our Real and Digital Lives

Our physical and digital worlds are already merging together into the metaverse. .Here's how it is transforming our world. The post Phygital World: The Metaverse is Merging our Real and Digital Lives appeared first on BeInCrypto. дальше »

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U.S. SEC Rejects Carbon-Neutral Bitcoin ETF by One River

The SEC has rejected One River Digital's application to offer the One River Carbon Neutral Bitcoin Trust on the NYSE Arca on Friday. The post U.S. SEC Rejects Carbon-Neutral Bitcoin ETF by One River appeared first on BeInCrypto. дальше »

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BTC On-Chain Analysis: Long-Term HODL Waves Indicate the End of a Bear Market

In today's on-chain analysis, BeInCrypto takes a look at the HODL Waves and Realized Cap HODL Waves indicators for Bitcoin. The goal is to try to determine what stage of a bear market the largest cryptocurrency and the overall digital asset market is in. дальше »

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U.S. Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It ‘Bullying’

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China's digital yuan. The post U.S. Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It ‘Bullying’ appeared first on BeInCrypto. дальше »

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U.S Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It “Bullying”

Three U.S. senators introduced a bill that would prohibit U.S. based platforms from enabling transactions that support China's digital yuan. The post U.S Bill Seeks to Ban China’s Digital Yuan From App Stores, Chinese Embassy Calls It “Bullying” appeared first on BeInCrypto. дальше »

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Thailand Central Bank Not Rushing to Deploy CBDC, Crypto VAT Gets Delayed

The Bank of Thailand has put the brakes on its central bank digital currency (CBDC) plans as it sees plenty of viable alternatives for online payments. The post Thailand Central Bank Not Rushing to Deploy CBDC, Crypto VAT Gets Delayed appeared first on BeInCrypto. дальше »

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Portuguese Parliament Rejects Bill to Tax Crypto, but Bows to the Inevitable

The Portuguese parliament has rejected two separate proposals to tax digital assets, but the days of tax-free crypto may be coming to an end. The post Portuguese Parliament Rejects Bill to Tax Crypto, but Bows to the Inevitable appeared first on BeInCrypto. дальше »

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Digital Money: How Does it Shape the New World Order?

The assumption that CBDCs are more reliable than stablecoins should raise some eyebrows

The post Digital Money: How Does it Shape the New World Order? appeared first on BeInCrypto.

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Japanese Bank Launches Digital Asset Joint Venture With Crypto Exchange

Sumitomo Mitsui Trust Holdings (SuMi) has announced it will create a trust company with Japanese crypto exchange Bitbank to manage digital assets for clients. The post Japanese Bank Launches Digital Asset Joint Venture With Crypto Exchange appeared first on BeInCrypto. дальше »

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GameStop Takes on MetaMask With Beta Launch of Crypto Wallet

GameStop has launched a beta of its new digital wallet, enabling in-game purchases of cryptocurrencies and non-fungible tokens (NFTs). The post GameStop Takes on MetaMask With Beta Launch of Crypto Wallet appeared first on BeInCrypto. дальше »

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After Week of Record Inflows, Broader Weakness Leads to Digital Asset Outflows of $141 Million

Digital asset investment products for the week ended May 20 recorded outflows of $141 million amid broader market weakness. The post After Week of Record Inflows, Broader Weakness Leads to Digital Asset Outflows of $141 Million appeared first on BeInCrypto. дальше »

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Beeple Twitter Exploits Sees Hackers Drain Over 200 ETH

Digital artist Mike Winkleman, better known as Beeple, has become the latest victim of a phishing attack after his Twitter account was hacked. The post Beeple Twitter Exploits Sees Hackers Drain Over 200 ETH appeared first on BeInCrypto. дальше »

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SWIFT Payments Network Ramps up Cross-Border CBDC Testing

ternational payments organization SWIFT has announced that it will conduct cross-border tests for central bank digital currencies (CBDCs).  The post SWIFT Payments Network Ramps up Cross-Border CBDC Testing appeared first on BeInCrypto. дальше »

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Norway’s Central Bank Chooses Ethereum L2 Project for CBDC Test

Norway’s Central Bank is piloting it's Central Bank Digital Currency (CBDC) using a sandbox created by Nahmii, an Ethereum L2 solution. The post Norway’s Central Bank Chooses Ethereum L2 Project for CBDC Test appeared first on BeInCrypto. дальше »

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Coinbase Backs First Enterprise-Grade Liquid Staking Protocol

Coinbase, America’s largest crypto exchange, is venturing deeper into the realm of digital asset staking with its latest pledge of support. The post Coinbase Backs First Enterprise-Grade Liquid Staking Protocol appeared first on BeInCrypto. дальше »

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Digital Ruble: 5 Unobvious Consequences of a Launch in Russia

Digital ruble: Recently, Russia began testing a new type of money. The prototype was presented at the end of 2021. What happens next? The post Digital Ruble: 5 Unobvious Consequences of a Launch in Russia appeared first on BeInCrypto. дальше »

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India Mulls ‘Reverse Charge’ Tax on Foreign Crypto Platforms

The government of India is planning a "reverse charge" on virtual digital asset investment on overseas platforms. The post India Mulls ‘Reverse Charge’ Tax on Foreign Crypto Platforms appeared first on BeInCrypto. дальше »

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TerraUSD (UST) Collapse Triggers Buying Opportunity of Crypto Products, Inflows Hit $274M

Digital asset investment products saw the largest amount of inflows so far this year this past week, amounting to $274 million. The post TerraUSD (UST) Collapse Triggers Buying Opportunity of Crypto Products, Inflows Hit $274M appeared first on BeInCrypto. дальше »

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Marketing: 44% of Marketers Plan to Run Campaigns in the Metaverse

Marketing in the metaverse: Advertising in digital worlds is definitely on the radar for many marketers in 2022. Here's why. The post Marketing: 44% of Marketers Plan to Run Campaigns in the Metaverse appeared first on BeInCrypto. дальше »

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Nigeria’s SEC Issues New Guidance for Crypto, Classifies Them as Securities

Nigeria’s Securities and Exchange Commission has released new rules to guide the issuance, custody, and exchange of digital assets, while also classifying them as securities. The post Nigeria’s SEC Issues New Guidance for Crypto, Classifies Them as Securities appeared first on BeInCrypto. дальше »

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Galaxy Digital Holdings to Expect Massive $300 Million Loss in Q2 2022

Galaxy Digital Holdings could lose up to $300 million in Q2 of this year, given the recent performance of the crypto market. The post Galaxy Digital Holdings to Expect Massive $300 Million Loss in Q2 2022 appeared first on BeInCrypto. дальше »

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Chile Postpones CBDC Launch Citing Need for More Analysis of Benefits

Chile's central bank will delay issuing its central bank digital currency (CBDC), the digital peso, pending further research. The post Chile Postpones CBDC Launch Citing Need for More Analysis of Benefits appeared first on BeInCrypto. дальше »

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Bitcoin and Ethereum Trading Gets Green Light on Brazil’s Largest Digital Bank

Brazil’s largest digital bank will soon allow customers to buy Bitcoin and Ethereum. The neobank even hinted at adding more cryptocurrencies in the future. The post Bitcoin and Ethereum Trading Gets Green Light on Brazil’s Largest Digital Bank appeared first on BeInCrypto. дальше »

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Five State Regulators Issue Emergency Orders to Shut Down Metaverse Casino

Regulators in five American states have issued cease-and-desist orders to a digital casino with links to Russia marketing NFTs to Americans. The post Five State Regulators Issue Emergency Orders to Shut Down Metaverse Casino appeared first on BeInCrypto. дальше »

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Tanzania Looks to Follow Nigeria in Rolling out Digital Currency

The government of Tanzania is looking to launch a central bank digital currency (CBDC) to protect its citizens from cryptocurrency speculators. The post Tanzania Looks to Follow Nigeria in Rolling out Digital Currency appeared first on BeInCrypto. дальше »

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Crypto Products See Inflows Despite Sinking Market

Digital asset investment products saw inflows amounting to $40 million last week, in spite of sinking crypto markets. The post Crypto Products See Inflows Despite Sinking Market appeared first on BeInCrypto. дальше »

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China’s Digital Yuan Rolled out on Transport Networks in Major Cities

China's digital yuan is seeing its adoption grow by the day, most recently in the transportation sector of Xiamen and Guangzhou. The post China’s Digital Yuan Rolled out on Transport Networks in Major Cities appeared first on BeInCrypto. дальше »

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Utah to Create Blockchain and Digital Innovation Task Force; Governor Signs Bill

Utah Governor Spencer Cox approved a bill to create a Blockchain and Digital Innovation Task Force, which will enable it to make policy recommendations. The post Utah to Create Blockchain and Digital Innovation Task Force; Governor Signs Bill appeared first on BeInCrypto. дальше »

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Colorado Bill Looks to Study Security Tokens to Help Raise Capital

In its push towards becoming a digital state, Colorado is pushing a bill that aims to explore how security tokens can be used for fundraising. The post Colorado Bill Looks to Study Security Tokens to Help Raise Capital appeared first on BeInCrypto. дальше »

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Argentina: Central Bank Announces About-Turn on Digital Assets

Argentina's central bank has said that regulated financial entities should not facilitate operations in unregulated digital assets. The post Argentina: Central Bank Announces About-Turn on Digital Assets appeared first on BeInCrypto. дальше »

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Outflows of Digital Asset Funds Continue for a Fourth Week

A fourth straight week of outflows for digital asset investment products amounted to $120 million. The post Outflows of Digital Asset Funds Continue for a Fourth Week appeared first on BeInCrypto. дальше »

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Singapore Restaurants Accepting Crypto Despite Government Attitude Cooling

Singapore's food industry is keeping the crypto flame burning even as the government toughens its stance on digital assets. The post Singapore Restaurants Accepting Crypto Despite Government Attitude Cooling appeared first on BeInCrypto. дальше »

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Emirates Development Bank Rolling out Digital Platform to Ease SME Lending

The Emirates Development Bank has rolled out a digital platform to ease lending to the country’s SMEs, reaffirming its financial commitment to the country’s small business sector. The post Emirates Development Bank Rolling out Digital Platform to Ease SME Lending appeared first on BeInCrypto. дальше »

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