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National Bank of Georgia to Regulate Country’s Crypto Sector
The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial…
MMA Entertainment Giant UFC to Pay Fighters Bitcoin Bonuses
On April 7, the digital currency exchange Crypto.com announced that fighters from the mixed martial arts (MMA) promotion company, Ultimate Fighting Championship (UFC), will be able to win Fight Night bonuses that will be paid in bitcoin.…
Cash App Introduces Paid in Bitcoin, BTC Roundup and Lightning Network Services
At the Bitcoin 2022 conference in Miami, Block, Inc., formerly Square, Inc., announced three new bitcoin services for the company’s mobile payment platform. The mobile payment platform Cash App will feature a “paid in…
Bank of Russia Rejects Idea of Using Cryptocurrency to Circumvent Sanctions
The Central Bank of Russia has turned down a proposal to allow the use of digital currencies for the purpose of sanctions evasion. The monetary authority believes this is hardly an option as Western regulators are already taking steps to…
Ukrainian Charity Organization Launches NFT Sale
A newly established Ukrainian charity organization, Pray4Ukraine, has brought together hundreds of digital artists that are using art to raise funds for the Ukrainian army and civilians devastated by the war. The organization is also…
Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the…
Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-Up
PRESS RELEASE. Venture capitalists, founders, and eminent crypto investors graced the event to meet and connect. While the event was insightful, it was also a moment of unwinding for the attendees after weeks of back-to-back cryptocurrency…
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed.
Indian Parliament…
Bank of England Governor Says Crypto Creates ‘Opportunity for the Downright Criminal’
The governor of the Bank of England, Andrew Bailey, has warned that crypto creates an “opportunity for the downright criminal.” The central bank chief described: “You only have to ask the question ‘What do people…
Heroes of Arcan Announces Community-Driven Heroic Fantasy Play-to-Earn Game
PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology.
The play-to-earn revolution has catalyzed…