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The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with cryptocurrencies and insists that state-issued digital currencies are safer. Bank … Read more
Strong fundamentals and the steady growth of the Polygon network are just a few of the factors behind MATIC’s recent rally above $2.00. Go to Source Powered by WPeMatico
Bitcoin’s settlement efficiency has been improving which means more value can be sent for lower transaction fees. Go to Source Powered by WPeMatico
Transaction fees have dropped this year, after a spike earlier this summer. Go to Source Powered by WPeMatico
Buterin issued a decrease-cost-and-cap proposal, which aims to achieve most of the benefits of the decrease Go to Source Powered by WPeMatico
Blockdata’s report suggests that the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060. Go to Source Powered by WPeMatico
On a net basis, however, the supply of Ether is still inflating at about 1.2% per year. Go to Source Powered by WPeMatico
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank of Russia to Charge for Digital Ruble Transfers The … Read more
Rapper Post Malone bought two Bored Ape Yacht Club NFTs for a combined 160 ETH via a new crypto fintech startup, MoonPay. Go to Source Powered by WPeMatico
Bank of Russia is preparing for a prolonged trial of the digital version of the national fiat to ensure this is a “full-fledged ruble,” the head of the monetary authority has emphasized. The regulator has put forward some conditions for the implementation of the new currency project. Bank of Russia Sets Conditions for Digital Ruble … Read more