Report – Page 12 – DIGIT INFO

Central Bank of Chile Studies Issuance of a Digital Currency

The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” where it explores the possibility of the creation of a central bank digital currency (CBDC) in the future, the mechanism it […]

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Moody’s: Cryptocurrencies Unlikely to Help Russia Evade Sanctions

Russia’s ability to employ cryptocurrencies to circumvent international sanctions is restricted by the limited size of the crypto market, according to Moody’s. Despite increased use in small transactions, low liquidity is another factor preventing Russians from exploiting the utility of bitcoin and the like. Crypto Assets Not Viable Option for Sanctioned Russia, Moody’s Report Suggests […]

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NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already

Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021.

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GameFi is showing signs of a mature landscape: Report

New industry report on the GameFi landscape traces its development from the embryonic stages to an established industry.

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Singaporean investors’ appetite for crypto is key to mainstream adoption — Survey

Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities.

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The NFT sector is projected to move around $800 billion over next 2 years: Report

More than 50% of respondents highlighted that they have a HODL mentality and see a future where non-fungible tokens could be important items in games.

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Bank of Spain Report Warns About Cryptocurrency Usage and Its Effect on Financial Stability

The Bank of Spain has issued a new report that touches on the subject of the popularity of cryptocurrency usage and the possible effects it might have on the financial stability of the nation. In the document, the bank explains that these assets — which ostensibly don’t have any kind of support behind them — […]

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Sanctioned Russia, Iran May Turn to Crypto Mining to Monetize Energy, IMF Says

Nations like Russia and Iran may utilize cryptocurrency mining to monetize their energy resources and circumvent sanctions, the International Monetary Fund predicts in a report. Repercussions of the war in Ukraine continue to reverberate globally and cryptoization is one of the effects, the IMF says. War, Sanctions Lead to Wider Spread of Crypto Assets, Report […]

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Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto

Argentinians are very interested in cryptocurrencies, according to a survey made by Americas Markets Intelligence. According to data sourced from the study, more than one in ten Argentinians have made some kind of crypto investment. Furthermore, 18% of the surveyed stated they had an interest in buying cryptocurrencies in the future. Crypto Adoption Booms in […]

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Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings […]

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