Crypto-news

The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE, which works to advance tokenization, promotes non-fungible tokens (NFTs), and develops payments infrastructures and various blockchain applications. ZelaaPayAE CEO, Mr. Sahil Arora said in a press release: “We chose to set up at SRTIP because of their…

A forum of some of the largest U.S. and European banks, including JPMorgan Chase and Deutsche Bank, has urged modifications to the rules proposed by the world’s central banks and regulators for capital requirements on Bitcoin exposure. Banking bosses from the largest financial institutions in the U.S. and Europe have voiced their opposition to the…

Internet Computer blockchain developed by Dfinity Foundation is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the world’s biggest cryptocurrency. Following the trailblazing successes of Ethereum and more recently Cardano, Dfinity is looking to plug its upgraded mainstream network link known as ‘chain key cryptography’ into…

After a sweeping ban on the use of cryptocurrencies this April, Turkish President Recep Erdogan is aiming to assert financial control ahead of launching the digital Lira. Although the central bank is not opposed to using digital currency, Erdogan believes the digital Lira faces conflict with cryptocurrencies. During a national youth meeting with representatives from…

The sudden drop in cryptocurrency prices and the overall market drawdown certainly demand an explanation. And while many analysts were quick to link the events with what’s happening in China, we may also be able to suggest some alternative reasons. On September 20, Bitcoin’s updated monthly low fell below $ 42,500. In just a day,…

Amid a cryptocurrencies price explosion in 2021, European Central Bank (ECB) president Christine Lagarde argued cryptocurrencies aren’t currencies, which should be treated as “highly speculative” and “suspicious.” Speaking on a Bloomberg podcast, Lagarde said: “I think we have to distinguish between cryptos that are those highly speculative, suspicious occasionally, and high intensity in terms of…