CryptoRuble Being Developed to Help Russian Companies Evade Sanctions
Developers are creating a “cryptoruble”, which they claim will improve Russians’ access and allow them to make cross-border payments.
Large Insurance Firm USI Builds a Crypto Insurance Team of Risk Experts
USI, an insurance broker giant, has quietly built a large team consisting of crypto risk specialists. USI hopes to capture the market for digital assets
Michael Saylor – Physical Property Has too Many Elements, Bitcoin is Simple
Michael Saylor emphasized the high maintenance costs and taxes associated with inheriting or owning long-term physical property, which, in the case Bitcoin, is not possible.
ECB Selects Amazon and Five More Companies to Develop The Digital Euro
The European Central Bank announced its chosen partners for the collaboration on the digital euro prototype. Amazon will design e-commerce payment systems.
Predictions Have Been Made That 10% of PoW Miners Will Survive
According to the proof-of work advocate, The Merge caused a lot of damage to mining. He believes that the Ethereum fork he supports will draw the miners who
Digital US Dollar Moves Forward as Regulators Plan More Frequent Meetings
The Fed will be meeting regularly with federal regulators to support its research into the possibility of launching a digital currency.
Even though Bitcoin is Banned in China, It’s Still Legal to Keep it
China’s ban on crypto does not prohibit Chinese crypto holders from being protected by the law against theft, misappropriation, or breach of loan agreements.
Higher Interest Rates could Lead to Coinbase Earning $1.2B in 2023
The exchange’s revenue share from interest income from USDC reserves would be the main source of additional revenues.
Crypto Guidelines Introduced by The SEC Cause Lenders Cost to Increase
According to over half a dozen people who are familiar with the matter, U.S. Securities and Exchange Commission accounting guidance has rescinded banks’ cryptocurrency projects.
Crypto Hard Wallets Become Less Popular in Russia Due to Crypto Adoption
After the surge in interest in hardware wallets that allow cold storage of cryptocurrency, Russian users are now less interested.
