Bitcoin declared legal currency in Central African Republic. Country follows El Salvador in adopting cryptocurrency.

Bitcoin will be considered legal tender alongside the regional Central African CFA franc. Lawmakers in the CAR’s parliament voted unanimously to pass a bill legalizing bitcoin and other cryptocurrencies, according to a statement from the presidency. The Central African Republic(CAR) is rich in diamonds, gold and other valuable minerals, but ranks as one of the world’s poorest and least-developed countries. “The big question is who the cryptocurrency ruling is for,” […]

Zitec anunță dezvoltarea platformei de freelancing Lanceria, construită pe tehnologia blockchain

Proiectul Lanceria este o inițiativă independentă, 100% românească, ce propune un model de business diferit față de celelalte platforme de freelancing. Prin eliminarea comisioanelor pentru freelanceri, reducerea la minimum a taxelor pentru angajatori și prin introducerea opțiunii de plată prin criptomonede, pe lângă plățile în sistemul fiat (valute clasice), „ revoluționează piața freelancerilor din întreaga lume,” potrivit comunicatului. Criptomoneda LANC, token-ul nativ Lanceria, stă la baza tranzacțiilor de pe platformă, […]

Commerzbank applies for crypto custody licence

Germany’s Commerzbank (CBK) applied for a crypto license earlier this year, a spokesperson for the bank said. This makes it the first major bank in Germany to move towards crypto adoption (exchange and crypto-asset services), according to “To this end, we entered into a cooperation with Deutsche Börse and Fin-Tech 330x in spring 2021. In addition, we are pursuing our own digital asset strategy and are also planning our own […]

Stripe introduces global crypto payouts. Initially, payouts will be available using USD Coin (USDC), a stablecoin pegged to the US dollar.

Stripe, a financial infrastructure platform for businesses, announced that platforms and marketplaces on Stripe can now instantly pay funds to their sellers, freelancers, content creators, and service providers using cryptocurrency. Using Stripe, companies like Twitter can offer creators the choice to receive payments in crypto. Twitter will use this feature to pay out earnings from Ticketed Spaces and Super Follows. This option will initially be offered to a small group of Twitter’s […]

Coinbase NFT is now in beta

article written By Sanchan Saxena, VP of Product, Ecosystem Products Last year we announced Coinbase NFT, a Web3 social marketplace for NFTs. Since then, we’ve been building in the open and getting input from the NFT community. We shared previews of our progress with collectors and creators and received amazing feedback. We learned that people don’t just want better tools to buy and sell NFTs: they want better ways to discover them, better ways to […]

Number of NFT sales increase by more than 100% in 30 Days. First jump since January.

an article written by Edith Muthoni The NFT market has been quite the talk among crypto enthusiasts. After a somewhat successful 2021 for the market, sales began to dip in January and have been on a downward trend ever since. However, things may seemingly be looking up, as the number of sales involving NFTs increase for the first time in months. has been following up on the NFT market. According to market […]

Crypto firms continue to clash with governments over regulations. „If crypto firms don’t bend to regulatory demands, governments can back these as widespread payment options instead.” – says GlobalData

In response to the news that crypto business leaders are objecting to EU proposals to regulate cryptocurrencies, including requiring crypto firms to disclose transaction details; Amrit Dhami, Associate Analyst in the Thematic Research team at GlobalData, comments: “Anonymity is big within the world of cryptocurrency, from the anonymous crypto wallets to the creative pseudonyms of crypto and NFT creators. It’s a big selling point for consumers who don’t want their transactions […]

CBDCs in emerging market economies – a BIS survey among 26 central banks

In recent years, emerging market economy (EME) central banks have increasingly engaged in projects related to central bank digital currencies (CBDCs). The stage of their engagement – research, pilot or launch – varies according to differences in country circumstances, including the availability of digital infrastructure, their focus among different policy objectives, and the attendant motivations and concerns, according to a BIS Paper – CBDCs in emerging market economies. This volume contains papers […]

Hackers are stealing more cryptocurrency from DeFi platforms than ever before – $1.3 billion in the first three months of this year

Digital thieves had a big year in 2021, stealing $3.2 billion worth of cryptocurrency. But in 2022, they’re shaping up to steal even more. „In the first three months of this year, hackers have stolen $1.3 billion from exchanges, platforms, and private entities—and the victims are disproportionately in DeFi, according to Chainalysis. Almost 97% of all cryptocurrency stolen in the first three months of 2022 has been taken from DeFi protocols, […]

Mastercard lists trademarks in the metaverse

Mastercard has filed 15 NFT and metaverse trademark applications as part of a wide-ranging plan to extend its payment processing system, slogans and branding into the new virtual economy, Finextra reports According to the filings Mastercard sees five key applications for its services in the metaverse: . “Downloadable music files authenticated by non-fungible tokens (NFTs); . “Marketplaces for digital goods and NFT backed media” . “Processing of virtual credit card, virtual debit […]