RBI launched a digital form of the rupee on November 1 of last year. The CBDC pilot program was launched with a small number of clients and retailers in 4 cities. Reserve Bank of India (RBI) Deputy Governor T. Rabi Shankar remarked on Thursday, June 8 after the monetary policy announcements that the RBI aims […]
The SEC Squeeze Continues; What Does the Sluggish Bitcoin Trend Signify for the Entire Crypto Space?
The post The SEC Squeeze Continues; What Does the Sluggish Bitcoin Trend Signify for the Entire Crypto Space? appeared first on Coinpedia Fintech News The global market cap is struggling to sustain above $1.1 trillion as the top 2 cryptos, Bitcoin and Ethereum constitute more than 80% of the market cap and maintain sluggish behaviour. […]
NEAR Foundation collaborates with Galxe
NEAR Foundation has gone ahead and collaborated with Galxe, which is an absolute top-of-the-line platform meant for Web3 community enhancement, to introduce Voyage Season 2 – Calling. This is SPACE ID’s latest referral program, and it is entirely for the benefit of Web3 users. The importance of the collaboration lies in the fact that Galxe […]
Understanding Bitcoin: What is it, How it Works, and Why it Matters
In this article, BitPinas explained what bitcoin is, how it works, and why it matters in the financial system. The post Understanding Bitcoin: What is it, How it Works, and Why it Matters appeared first on BitPinas.
EU starts countdown to crypto legislation, adds MiCA to official journal
MiCA, which comes into effect by the end of 2024, aims to create a consistent regulatory framework for crypto assets among European Union member states.
U.S House Committee Proposes Draft Stablecoin Law
The Republican and Democratic stablecoin bills have been combined into a single draft. A hearing will be held before the entire US House Financial Services Committee today. House Republicans and Democrats have collaborated on a draft stablecoin law. This has been produced by the House Financial Services Committee in the United States. On Tuesday, a […]
South Korea traces more funds allegedly moved by Do Kwon
South Korean authorities are investigating the whereabouts of about $29 million worth of cryptocurrencies allegedly moved from a crypto wallet controlled by Do Kwon’s Luna Foundation Guard (LFG). Kwon is currently under house arrest and is awaiting trial in Montenegro.…
DeFi Tokens Show Resilience Amid Bearish Trend
The Crypto market experienced volatility amidst SEC turmoil impacting investor confidence. Some DeFi tokens surged despite the challenges highlighting market resilience. Last week was quite a rollercoaster ride for the crypto market amidst the SEC’s never-ending turmoil. It had a significant impact on the overall market, and surges in crypto gains became rare. Investors have […]
What Is a Layer 2 Blockchain?
Popular blockchains like Bitcoin and Ethereum have taken the world by storm but still suffer from many issues. These include high transaction costs and severe network congestion. To solve this, developers have created a unique method of using alternative blockchains to lighten the load on the “main” chains. These are known as Layer 2 (L2) […]
This Cat-Themed Meme Coin Is up 35%, Can It Beat Dogecoin’s Legacy?
Can cat-themed meme coin ChitCAT use its low supply and great fundamentals to copy Dogecoin’s success?