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0 CommentsThis time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…
This time, the citizens will be offered a “digital bolivar”. However, in Venezuela, this central bank digital currency will have to withstand fierce competition from the Dash cryptocurrency project. Try not to laugh, but there is once again a monetary reform upcoming in Venezuela with yet another denomination. It has already been announced, and it…
According to a new report from Allied Market Research, the cryptocurrency asset-management market will grow to $9.4 billion by 2030, growing by 30% a year, while it was just $670 million in 2020. By the study, the global crypto asset management market garnered $0.67 billion in 2020 and is expected to garner $9.36 billion by…
A fundamentally new banking system structure may emerge sooner rather than later: the one where fiat and stablecoins, CBDC and “classical” cryptocurrencies are used on equal terms. And DeFi will compete directly and on a level playing field with centralized banking services. To understand how the banking system will change, let’s delve a little deeper…
The Circle company, known as the issuer of the USDC stablecoin, is set to become a US national commercial bank – a digital bank that combines crypto and fiat payments. This is yet another way the cryptocurrency industry is invading traditional banking. We have only just written about how crypto exchanges are becoming competitors of…
Non-fungible tokens (NFTs) trading is soaring to 8x multiples of the levels seen this March when the NFT frenzy burst into mainstream media with sound headlines, as art dealers were excited. Digital collectibles mania seems to be back as the NFT flagship marketplace prints new records, according to the trading volumes on the OpenSea platform….
