The Central Bank of India, the Reserve Bank of India, has announced that the pilot project for central bank digital currency (CBDC) will start tomorrow. The trial of Digital Rupee (e₹) for particular use cases was launched by the RBI…
Dogecoin Could Be Heading to the Moon According to Veteran Market Trader
Dogecoin has been the running joke of the crypto world since it got hyper-famous during the pandemic. After months of stagnation, we are finally seeing some positive price movement with the memecoin. Musk Twitter Move Could Be Pumping Doge According…
El Salvador to Establish First Bitcoin Embassy in Lugano
El Salvador, the first country to make Bitcoin a legal tender, is set to establish a BTC embassy in the pro-crypto city of Lugano. The Swiss city signed an economic cooperation agreement with the South American Country in Lugano’s Plan…
Ex-Twitter CEO Beta Testing New App After Musk Takeover
With Elon Musk’s acquisition of Twitter, many social media users are getting ready to leave the platform. Jack Dorsey is one step closer to giving them an online haven. Twitter co-founder and former CEO Dorsey, 45, stated that his decentralized…
China Ranks Top 10 in the World’s Crypto Adoption
China, the second largest economy in the world, has returned to the top 10 countries in terms of crypto adoption according to The 2022 Geography of Cryptocurrency Report, a report done by Chainalysis. The Red Dragon dropped to 13th place…
Costa Rican Lawmaker Proposes Legislation to Control And Recognize Cryptocurrency
The “Cryptoassets Market Law (MECA)” bill, put up by Costa Rican congresswoman Johana Obando, seeks to regulate and legalize cryptocurrencies in the Central American nation. Congressmen Luis Diego Vargas and Jorge Dengo seconded her and stressed the need for the…
Vietnam & Philippines, Emerging Economies Lead Crypto Adoption – Chainalysis
According to The 2022 Geography of Cryptocurrency Report, a study done by Chainalysis, emerging economies are leading in crypto adoption. Ten of the top twenty countries are classified as lower middle income and eight are upper middle income. The study…