The Сentral bank of Tanzania is working on President Samia Suluhu Hassan’s directive to prepare the country for cryptocurrencies, as Reuters reported. It might point to a reversal of a local law banning digital assets it put in place in November 2019. Tanzania may now be on the cusp of a crypto turnaround after the…

Recently, thanks to Bloomberg, the whole world learned that Israel has completed a pilot test of its own central bank digital currency (CBDC). This was announced at a conference from the Interdisciplinary Center Herzliya by the central bank Deputy Governor Andrew Abir. According to the official, the actual launch of CBDC will likely take a…

Decentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….

The Palestinian Monetary Authority is researching the possibility of issuance of its own digital currency, which would provide a symbolic move to monetary independence from Israel. PMA plans to use European funds to boost the private sector, but experts are skeptical about this new adventure. This step would include Palestine on the list of other…

Britain’s financial regulator has ordered Binance Markets Ltd., one of the world’s largest cryptocurrency exchanges, to stop conducting any regulated activity in the U.K. by June 30. But as the exchange pulled its application for the assets register, it will be unable to offer unregulated services too. It appears one of the most significant regulator’s…

The “seasons” on the cryptocurrency market are becoming more and more distinct. If what we witnessed a year ago could be called the “crypto spring”, now everything indicates that the “crypto winter” has begun. BTC went below $ 30 thousand, similar to dropping air temperature that points to the advent of frost. The feeling of…

CoinShares CSO Meltem Demirors sees the current fall of the crypto market as a correction that will shake out weaker investors. A crypto strategist and known Bitcoin bull Meltem Demirors believes that the ongoing crypto collapse is just an ordinary correction, which would wipe out investors with “paper hands.” She pointed that Bitcoin has always…

The chief investment officer of the Guggenheim Partners investment firm, Scott Minerd, warned on Friday that Bitcoin could step down at $10,000 to $15,000. This February, the now-bearish expert was much more optimistic. In the interview on CNBC, the expert of the multi-billion dollar investment firm said that investors shouldn’t be “anxious to be putting…

Scotland Yard seized £114 million (around $158 million) worth of cryptocurrency, which they believe was being used to transfer proceeds of crime. As the Metropolitan Police said on Friday, they arrested a 39-year-old woman on suspicion of money laundering. This was the biggest seizure in the U.K. and more than doubled their total seized from…

Blockchain is not just about cryptocurrencies. The technology is also used in blockchain platforms to trade in oil and gas – the prime exports of the Persian Gulf countries. Blockchain can also help the renewable energy market infrastructure safer, more resilient and economically effective. Stage 1: trading on the blockchain Back in 2018, the World…