India’s RBI Announces Pilot Launch Of ‘Digital Rupee’ For ‘Specific Use Cases’

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…

Web 3 platform SWALLOW Brings Tattoos to the Metaverse

Enjinstarter, a blockchain-based game, and entertainment launchpad have officially launched SWALLOW, a Web3 platform. Coolest Tattoo Artists Now In the Metaverse The SWALLOW team published a press statement stating the initiative’s goal was to bring the tattoo community—including the best…

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…

Mexican Businessman Launches Mall In Metaverse

Visits to retail malls in the metaverse provide a number of advantages. They can accommodate as many shops as the designers and builders can imagine, which is one advantage. This objective inspired a Mexican businessman to build Island Shopping Mall,…

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…

Interpol: Metaverse Could Spark New Levels Of Cybercrime

Global police organization Interpol stated that it was ready for the possibility that online immersive environments, or the “metaverse,” could both invent new types of criminality and enable existing crime to be committed on a greater scale. According to Madan…

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…