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NFTs are still a gray area in China where unlike cryptocurrencies, there’s no official ban on its use, but the authorities have warned investors against the risks from time to time. Go to Source Powered by WPeMatico
Numerous governments have tried to ban Bitcoin mining, but data and insights from those in the mining industry suggest that this is easier said than done. Go to Source Powered by WPeMatico
An improving Tether discount in Asian markets and positive futures premiums for BTC and ETH suggest a slight recovery is in the making. Go to Source Powered by WPeMatico
Last week brought some notable reactions to the stablecoin’s depegging in the East Asia region. Go to Source Powered by WPeMatico
China’s advanced CBDC strategy sees digital yuan airdropped to thousands of people. Meanwhile, Binance Labs raised $500 million for a new Web3 fund. Go to Source Powered by WPeMatico
China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse of Terra’s algorithmic stablecoin. Go to Source Powered by WPeMatico
Conflicting Bitcoin derivatives data shows leverage traders bullish, while pro traders fear a deeper correction below $29,000. Go to Source Powered by WPeMatico
Three Republican senators introduced a bill to protect Americans from the “Authoritarian Digital Currencies Act.” Go to Source Powered by WPeMatico
A Chinese indexes company, Hang Seng Indexes, has launched a new index which tracks the performance of metaverse-related companies in mainland China. The index is calculated and disseminated in real-time at two-second intervals, the company said. Rising Popularity of the Metaverse Hang Seng Indexes Company Limited, an entity that manages and compiles the Hang Seng … Read more
Developing countries have more than double the amount of people positive that the Metaverse will impact their lives and they’d use it daily in comparison to developed countries. Go to Source Powered by WPeMatico