Category: Crypto Currency

A total of 134 countries representing 98 percent of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and pioneers like China, the Bahamas and Nigeria starting to see a pick up in usage. The research by the US-based Atlantic Council think-tank published on Tuesday showed…

Donald Trump on Monday offered few details about a new cryptocurrency business that the Republican former president, his family and associates unveiled in a live event on X Spaces. Trump engaged in a wide-ranging discussion that touched on the second apparent assassination attempt against him on Sunday and his shift from being a cryptocurrency skeptic to…

The digital assets industry is expanding globally, with blockchain and cryptocurrency-related businesses on the rise. In a new development, Qatar has made a move to attract Web3 developers to establish their operations in the country. The Qatar Financial Centre (QFC) in Doha has launched the ‘Digital Assets Lab’ to facilitate the development, testing, and commercialization…

Blockchain technology, also known as distributed ledger technology (DLT), forms the backbone of Web3 innovations, including cryptocurrencies, the metaverse, NFTs, and more. To enhance the functionality and use cases of these networks—often seen as a more secure alternative to traditional Web2 servers—developers employ various techniques. One such method is sharding, which improves blockchain networks by…

Rexas Finance (RXS) is fast emerging as one of the key daggers in the Real-World Asset (RWA) tokenization market. This project implements the tokenization approach to standardize the linkage of physical assets to the blockchain. More people are being brought into the normally complex and illiquid niche of tokenized real estate, fine art, and commodities….

The overall crypto market is struggling to stabilise with the presidential race between Donald Trump and Kamala Harris intensifying by the day in the US. On Monday, September 23, multiple cryptocurrencies reflected gains on the price charts. In the last 24 hours, Bitcoin registered profits of around 1.30 percent and 2.15 percent on Indian and…

The official YouTube channel of the Supreme Court of India that was used for streaming proceedings was purportedly compromised by hackers on Friday showing crypto advertisements. The channel was uploaded with videos relating to a cryptocurrency product. The entire page has been deleted since. The top court has been using the video streaming platform to live…

India is one of several countries actively working to integrate Central Bank Digital Currencies (CBDCs) into their financial systems. Over the weekend, the International Monetary Fund (IMF) proposed a framework aimed at facilitating widespread adoption of CBDCs, known as REDI, which stands for Regulation, Education, Design and Deployment, and Incentives. In its latest report, the…

Hong Kong is actively accelerating efforts to give its fiat currency, the Hong Kong Dollar (HKD), a blockchain revamp. The special administrative region (SAR) of China has launched its e-HKD central bank digital currency (CBDC) into the second elaborate phase of trials. Following the footsteps of the Reserve Bank of India, the authorities in Hong…

Coinbase and the US securities regulator faced off in a federal appeals court in Philadelphia on Monday as the cryptocurrency exchange pressed the agency to create new rules for digital assets. Coinbase, the largest US crypto exchange, sued the Securities and Exchange Commission last year in an effort to compel the regulator to act on…