Cuba is reportedly going to recognize and regulate cryptocurrencies for payments. Per Aljazeera, the central bank of the Caribbean country will establish rules for mainstreaming cryptocurrency transactions. Cuban authorities are also expected to distribute relevant licenses to businesses providing crypto-related services. The popularity of cryptocurrency trading has grown in recent months in Cuba, especially among…
The People’s Bank of China once again asserted its crypto crackdown stance at a recent media briefing. The Central Bank stated that virtual currencies like Bitcoin can’t compete with legal tender in the nation. The bank officials argued that cryptocurrencies are not backed by any real value. According to local media, Yin Yuping, deputy head…
What is blockchain, and what does it have to do with cryptocurrency, writes Thomas Hum on Yahoo Finance. Blockchain is a type of database composed of a growing list of records, individually known as blocks, that are chained together through computer cryptography. The goal of blockchain is to allow for the recording and distribution of…
Binance Coin is raising. Cardano has doubled in August, becoming the third-largest digital coin, while Avalanche has tripled. Meanwhile, prices for NFTs, mostly funny digital photos or cartoon depictions, are going mad, sometimes quadrupling in a few days. Analysts and investors did not come to a consensus on what’s driving this craze. Some suggest speculators…
Stephen Stonberg, CEO of Bittrex Global, praised the efforts of the UAE authorities to poise a crypto-friendly positioning of the region. Helped by the region’s status as a tax haven, Dubai is poised to benefit from the growing cryptocurrency market in the Middle East, he said in an interview with Bloomberg. Stephen Stonberg, Bittrex CEO…
E-commerce giant Shopping.io has developed a collaboration with TRON that allows TRX holders to spend their tokens on Shopping.io’s platform. The collaboration with Shopping.io will also add to the value of TRON and other cryptocurrencies in the world. Shopping.io’s newest collaboration is with TRON (TRX), one of the world’s largest and most popular blockchain-based operating…