As an increasing number of regulatory bodies adopt digital assets, the use of cryptocurrencies to make payments to governmental organizations and institutions is gaining traction. As a result of developments in the financial sector, governments are actively working to modernize their payment systems. The implementation of blockchain technology makes it possible for organizations to begin…
As of the 24th of August, the province of Mendoza in Argentina is now accepting cryptocurrency payments for taxes and fees (administrative). The service is known as the Crypto Payment Service of the New Mendoza Tax Administration. One further step has been taken toward wider bitcoin acceptance in Argentina with the announcement that residents of…
The Central Bank of Nigeria has announced that it will reduce the transaction fees for the e-naira platform by fifty percent. The bank believes that this decision will result in an increase in the number of transactions that take place on the central bank digital currency (CBDC) platform. The central bank also expects that a…
The post There Is a Possibility That Bitcoin Will Experience Massive Price Action in September! The post Market Watcher Discusses Bitcoin’s Price Behavior Over the Past Month appeared first on Coinpedia – Fintech & Cryptocurrency News Media| Crypto Guide. Many people these days are keeping a close eye on the price of bitcoin. Not only…
The Brazilian banking behemoth known as Itau Unibanco will soon begin working on a new initiative that will involve the establishment of a stablecoin that will be tethered to the Real, the country’s national currency. During the LIFT (Laboratory of Financial and Technological Innovations) Lab program, the proposal that the bank submitted was chosen as…
The Federal Bureau of Investigation (FBI) has issued a warning regarding the cybercriminal exploits of DeFi, as the smart contracts that govern DeFi platforms have been singled out as a particular area of concern for the agency (FBI). The Federal Bureau of Investigation (FBI) has issued a warning regarding the cybercriminal exploits that have been…
The value of the worldwide cryptocurrency market in 2021 was estimated to be 1,782 billion dollars US. Individuals have been given the ability to earn large profits on their investments and produce one-of-a-kind collectables thanks to the introduction of decentralized and permissionless ownership of assets via web3. Sectors such as DeFi and NFTs have made…
In the past twenty-four hours, Litecoin has outperformed Bitcoin due to the fact that its value has increased at a faster rate than that of larger cryptocurrencies such as Bitcoin and Ethereum. Since the massive market crisis in 2022, Litecoin (LTC) has had a difficult time boosting its value. This trend is expected to continue…
The head of the Xbox brand, Phil Spencer, feels that the metaverse has existed since the widespread introduction of digital gaming 30 years ago. However, Spencer attacked play-to-earn (P2E) models, arguing that they create a workforce comprised of gamers who must commercialize their time spent playing. Phil Spencer, CEO of Xbox, believes that the Metaverse…
Despite claims that cryptocurrencies are not securities, Gary Gensler has stated that his organization will remain a “policeman on the beat” in terms of regulating the industry. In his most recent opinion piece that was published in the Wall Street Journal, the U.S. The chairman of the Securities and Exchange Commission stated that he did…