Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities

Digital realThe Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects from companies and organizations like Aave, Banco Santander, and Mercado Bitcoin […]

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Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System

Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s deposits. Increase in the Banking System’s Interest Expenses Israel’s central bank, the […]

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FC Barcelona to Get Into Metaverse and NFTs

barcelona team flag FCBThe FC Barcelona, a soccer club with a large fanbase in Spain and Europe, has revealed its plans to take advantage of the rise of the metaverse and NFTs in the cryptocurrency market. Joan Laporta, president of the club, explained how it plans to occupy all of these markets to bring more engagement from fans […]

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LBank Exchange Will List Apollo Inu (APOLLO) on March 9, 2022

PRESS RELEASE. INTERNET CITY, DUBAI, March. 5, 2022 – LBank Exchange, a global digital asset trading platform, will list Apollo Inu (APOLLO) on March 9, 2022. For all users of LBank Exchange, the APOLLO/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on March 9, 2022. There are many content creators such […]

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G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions

G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade SanctionsG7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance. G7 and EU Seek to Prevent Crypto Use to Evade Sanctions The Group of […]

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Devere CEO Bullish on Bitcoin, Predicts BTC Hitting $50,000 This Month

Devere CEO Bullish on Bitcoin, Predicts BTC Hitting $50,000 This MonthThe CEO of Devere Group has predicted that the price of bitcoin will reach $50,000 by the end of this month. He explained that geopolitical tensions from the Russia-Ukraine war and institutional investment are key drivers boosting the price of bitcoin. He also said, “the dollar’s reserve status could, ultimately, be in jeopardy.” Devere’s CEO […]

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Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble Collapses

Coinbase CEO Says Ordinary Russians Use Crypto as a Lifeline as the Ruble CollapsesThe CEO of the Nasdaq-listed crypto exchange Coinbase says ordinary Russians are using cryptocurrency as a lifeline now that their own currency, the ruble, has collapsed. The executive also does not see a high risk of Russian oligarchs using crypto to avoid sanctions. Crypto Becomes a Lifeline for Ordinary Russians Coinbase CEO Brian Armstrong shared […]

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