Ripple, one of the most discussed and innovative cryptocurrencies in recent years, is rapidly gaining popularity in the world of digital finance. Unlike Bitcoin, Ripple does not aim to replace traditional currencies, but rather to revolutionize the international payments industry. He’s doing it with acquisitions and expansions. Ripple and the XPR system Ripple is a […]
El Salvador, a small nation in Central America, made history by becoming the first country in the world to adopt a cryptocurrency as legal tender. On September 7, 2021, the Legislative Assembly of El Salvador approved the "Bitcoin Law," which made Bitcoin (BTC) an accepted medium of payment at all economic levels. And now launched […]
The recent judicial events between Binance, the Securities and Exchange Commission and the Commodity Futures Trading Commission in the United States would have had new feedback. According to Bloomerg, both Visa and Mastercard have decided to stop issuing co-branded cards with the platform. Binance Binance is one of the largest cryptocurrency exchange platforms in the […]
After National Financial Services and Market Authority (FSMA) told Binance, in June, to stop serving Belgian customers from outside the European bloc, the company found a new way to keep the transactions going. Belgian customers will now be routed via a Polish entity to escape that effort by regulators to chase the crypto company out […]
NFTs are facing a challenging time. First, a valuation crash hit, and then came accusations against renowned auction house Sotheby's, as well as notable celebrities like Paris Hilton, Justin Bieber, Madonna. Some investors alleged "misleading advertising" of Bored Ape Yacht Club NFTs, claiming that the auction house had artificially "manipulated the collection's price by inflating […]
In the annals of financial innovations, PayPal is about to take a bold step. According to Bloomberg, the company is about to enter the world of stablecoin with the launch of its own PayPal USD. This new digital asset is going to possess a significant characteristic: Paxos will partner in its issuance, and it will […]
Vitalik Buterin- co-founder of Ethereum - on July 24th publicly expressed his opinion about Worldcoin’s decentralized human identity verification system. Worldcoin consists of a privacy-preserving digital identity (World ID) and a digital currency (WLD) and was co-founded by Sam Altman, who is best known for being the CEO of OpenAI. Vitalik Buterin expressed his opinion in […]
Ron DeSantis spoke up against central bank digital currencies, CBDCs. DeSantis, current Florida Governor and U.S. presidential candidate, said “If I will be the president, on day one, we will nix CBDCs.” CBDCs are Central Bank Digital Currencies. These digital currencies are legal tender and guaranteed by the issuing central bank, therefore equipped with the […]
BTC spot, also known as Bitcoin spot, refers to the buying and selling of Bitcoin (BTC) on the spot market. The spot market is where financial assets are traded for immediate delivery of the entire quantity, distinguishing it from futures or options markets, which involve contracts expiring in the future. In this article, we will […]
