The government of Uzbekistan has signed a decree on the regulatory framework of the cryptocurrency industry within its jurisdiction. According to the decree signed by the nation’s head of state, Shavkat Mirziyoyev, the goal is to improve digital technologies, foster a favorable entrepreneurial environment, and boost the legislation in the sector. The document revealed that […]
In what is becoming an all-too-familiar occurrence, Solana (SOL) has recorded another network outage following a surge of transactions on the network. Solana has suffered network difficulties severally in 2022, with block production always getting affected. The network outage was confirmed by Solana Status on Twitter, which detailed that “Block production on Solana Mainnet Beta […]
Nirmala Sitharaman, the Finance Minister of India, commented on the nation’s pending central bank digital currency (CBDC) at a business roundtable on “Investing in India’s Digital Revolution” in San Francisco last week. The event, which was organized by the Federation of Indian Chambers of Commerce & Industry (FICCI)—an independent trade association and advocacy group in […]
Lucky Block (LBLOCK) has onboarded another world-class boxer to its sponsorship roster. The crypto project announced a sponsorship deal with undefeated Albanian boxer Florian Marku. Given his popularity in the boxing and MMA industries, teaming up with the boxer is a strategic promotional endeavor by Luck Block. Thanks to some valuable real-world utility, the lottery […]
There is a flow of money governments always want to take their cut, and cryptocurrency is no exception. It is so because of a very practical means for tax evasion and criminal activity, since cryptocurrency payments do not need the clearing authorities of the traditional financial system to operate. The goal is to discourage users […]
New York-based multinational investment management corporation BlackRock has announced the launch of its cryptocurrency-focused exchange-traded fund (ETF) called iShares. Like most ETFs, the product will grant customers access to the cryptocurrency market without holding real crypto assets. BlackRock is revered as the world’s largest asset manager, with an asset under management (AUM) of a jaw-dropping […]
Tron (TRX) has announced the disbursement of its famous $1,111,111,111 ecosystem fund, which they revealed in November 2021. Tron established the fund over a decade ago to incentivize the growth and development of the network ecosystem. Tron has remained true to its support of the decentralization of the Internet via blockchain technology. Since achieving total […]
According to a recent survey conducted by cryptocurrency trading platform Bitstamp, 80% of institutional investors believe that cryptocurrency will someday overtake traditional investment assets. This survey result was the first-ever of its Crypto Pulse Survey Monday. The survey comprised a total of 28,563 respondents across North America, Latin America, Europe, Africa, the Middle East, and […]
Following news that Fidelity Investment plans to create a Bitcoin (BTC) plan in its 401(k) retirement accounts, MicroStrategy CEO and vocal Bitcoin supporter Michael Saylor has commended the move, arguing that BTC is perfect for retirement and better than bonds. Speaking to CNBC on April 26, the pro-Bitcoin CEO argued that BTC is significantly better […]
