Tag: regulation

March 10, 2022

  The National Bank of Romania has approved an acquisition in the blockchain enterprise, authorizing the blockchain startup Elrond to develop a payment processing platform. Elrond is a blockchain company focused on distributed applications has now earned permission to buy the electronic money institution Capital Financial Services, which works under the brand Twispay, as per […]

March 9, 2022

  The United States Treasury Department is inaugurating a fresh ambition to boost understanding of the threats involved in investing in digital assets. The Department’s Financial Literacy Education Commission is formulating educational types of equipment constructed to educate the public on how crypto assets regulate and fluctuate from traditional assets. Treasury under secretary for domestic […]

  Democratic Senator Elizabeth Warren is working on a bill to deal with the use of crypto to avoid economic sanctions. Warren’s new anti-crypto step runs along with a push from the U.S. government to end the chance of Russia using crypto to ignore a host of economic sanctions placed on the country. As per […]

February 28, 2022

  U.S. dollar-pegged stablecoin Tether (USDT) noticed a rise of above 30% in the last five days against the Russian ruble, bringing out the adverse and sudden effect of the continuous war on the formal monetary system. As per the data, the ruble, RUB, is facing inflation as the USDT or RUB trading pair for […]

February 23, 2022

El Salvador’s adoption of Bitcoin as legal tender in September of last year has accelerated an outstanding boost in its Gross Domestic Product (GDP) and for the local tourism improvement. Salvadoran President, Nayib Bukele recently declared that GDP has shown a growth of around 10 percent in 2021 As per Salvadoran Tourism Minister Morena Valdez, […]