Coinbase to track recipient information for crypto transfers in Canada, Singapore and Japan
    29 Mar 2022
    422 Views

    Starting in early April, crypto exchange Coinbase Global will require its customers in Canada, Japan and Singapore who send cryptocurrency to non-Coinbase wallets to provide the name, address and, in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will…

    The layer-2 solution brings Ethereum compatibility to the Cardano blockchain
    29 Mar 2022
    437 Views

    The Milkomeda Foundation has announced the launch of C1, a sidechain that is compatible with Ethereum Virtual Machine (EVM) and connected directly to the Cardano blockchain. In response to the rollout of this layer-2 solution, Cardano’s native token (ADA) has rallied more than 32% over the week, outperforming other major altcoins. According to a Monday…

    Following El Salvador and Cuba. Part 2
    29 Mar 2022
    428 Views

    While the world’s largest economies are gearing up for the CBDC race we recently wrote about, smaller countries are looking to integrate “traditional” cryptocurrencies into their financial systems. The alternative, they realise, is quickly losing their fiscal independence in the new economic reality. Australia went its own way: ANZ – one of the country’s “big…

    Mass adoption and Web3 future: Day 1 of Binance Blockchain Week 2022
    29 Mar 2022
    504 Views

    The attitude of crypto after mass adoption, developing a Web3, future of crypto and non-crypto blockchains. These and other hot topics were discussed by the leading industry speakers on Day 1 of Binance Blockchain Week 2022, which is taking place in Dubai from 28 to 30 March 2022. The annual Binance Blockchain Week involves the…

    BIS and four central banks to develop multiple CBDCs platform prototypes
    28 Mar 2022
    429 Views

    The Bank for International Settlements (BIS) Innovation Hub collaborated with central banks from Australia, Malaysia, Singapore, and South Africa to develop prototypes of two versions for an international settlement platform that uses different central bank digital currencies (CBDCs). According to the executive summary of the report, the project’s first phase was successful in developing functioning…

    Crypto Trends Weekly March 19 – 25
    28 Mar 2022
    456 Views

    Breaking crypto news from the last week (Mar. 19 – 25, 2022): Mar. 19: After the US authorities have seized $7.1 billion of assets belonging to Afghanistan, the liquidity crisis in the country unable users to cash out their own money or take loans. As a result, Afghanistan has become the 20th country out of…