Israel said Thursday it is starting to seize cryptocurrency accounts used by the Palestinian Hamas group to raise funds for its armed wing using Bitcoin and other cryptocurrencies. Benny Gantz, Israeli Defense Minister, ordered security forces to seize the accounts after a joint operation “uncovered a web of electronic wallets” used by Hamas to raise…
As local news reported, the Vietnamese Prime Minister Phạm Minh Chính has ordered the State Bank of Vietnam to study the feasibility and test the operationality of a pilot for a digital currency (CBDC). Unlike other countries, Vietnam is looking to test a digital currency built on blockchain technology, not a centralized protocol. According to…
Iran’s leadership now seems to have again decided to use cryptocurrencies to stabilize the country’s financial system. The first attempt was made in early 2019, but was unsuccessful. The Iranian parliamentary committee on economics has developed legislation titled “Supporting Cryptocurrency Mining and Regulation of Domestic Cryptocurrency Trade”. When it is adopted, the Central Bank of…
Central bank digital currencies (CBDC) are a promising tool that will enable people to make payments quickly, inexpensively and without intermediaries. That is precisely why now the central banks of the world’s leading countries are conducting research and development, making plans to create their own digital currencies. However, the process doesn’t look particularly fast-rolling yet:…
The Coin Bureau head might change his mind about Shiba Inu (SHIB), the Dogecoin (DOGE) copycat currency. According to Coin Bureau, the crypto asset surged 47,387,400% this year and might become a dark horse in the Ethereum ecosystem. In a new strategy video dedicated only to Shiba Inu, the Coin Bureau host, also known as…
Though there is still no final decision on launching state digital currency, even with all the necessary legislation, a model project and a seemingly an already determined blockchain. On June 30, Ukrainian parliament, the Verkhovna Rada of Ukraine, on second reading passed the law “On Payment Services”, which, among other things, spelled out the general…