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Weekly News

Bitcoin price slips under $19K as official data confirms US recession

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Politicians continue to argue about whether the U.S. economy is in a recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now. Bitcoin…

Continue ReadingBitcoin price slips under $19K as official data confirms US recession

Crypto startup to save iconic fiat money sculpture with 1M euros in funding

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making. The paths of traditional finance and…

Continue ReadingCrypto startup to save iconic fiat money sculpture with 1M euros in funding

The Caribbean is pioneering CBDCs with mixed results amid banking difficulties

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Emtech’s Cadet talks about CBDCs in emerging markets as the U.S. Congress and United Nations hear about the traditional banking crises. The Caribbean region is in a tough situation for…

Continue ReadingThe Caribbean is pioneering CBDCs with mixed results amid banking difficulties

Ooki DAO members explore options in response to CFTC lawsuit

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the Commodity Futures Trading Commission. Members of the decentralized autonomous organization (DAO) known…

Continue ReadingOoki DAO members explore options in response to CFTC lawsuit

Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable. Despite Russia pushing the idea of using…

Continue ReadingRussia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

Paxful CEO Ray Youssef said that the current growth trends in Ghana show it has the potential to be a leader in terms of crypto adoption. As emerging markets take…

Continue ReadingGhana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

Kazakhstan ready to legalize crypto as Russians flock to the country

  • Post author:admin
  • Post published:September 30, 2022
  • Post category:Weekly overview

A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. Kazakhstan is ready to legalize a mechanism…

Continue ReadingKazakhstan ready to legalize crypto as Russians flock to the country
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