Author name: Peter

A pilot program has been launched by the Central Bank of Iran (CBI), for its central bank digital currency, also known as "cryptorial". Iran's chamber of Commerce explained that "cryptorial" can be traced even if data from smartphones is stolen. Pilot launches 'Crypto Rial’ today According to Iran's Chamber of Commerce, Industries, Mines and Agriculture, […]

Indonesia is set to release new regulations to tighten regulation of crypto-exchanges. The revised regulatory framework requires that two-thirds (or more) of crypto exchange directors must be Indonesian citizens who reside in Indonesia. Indonesia plans to tighten crypto regulation Officials from Indonesia's Ministry of Trade and Commodity Futures Trading Regulatory Agency, (Bappebti), said Tuesday that

Huobi Global, the largest exchange in terms of volume traded, announced a partnership to make it more convenient for Latam-based customers who want to purchase cryptocurrencies. Astropay, a payment platform that allows customers to buy cryptocurrency in Latam with fiat currencies, has been partnered with the exchange. Huobi makes Crypto easier to Buy in Latam

Fed's message this week: Higher rates, lower economic growth and higher unemployment. For the third consecutive meeting, the Fed raised interest rates by 75 basis point. The statement also stated that the Fed anticipates additional increases. Summary of Economic Projections (SEP), showed that the median projection was for an additional 1.25% increase by Year End.

The hash rate reached an all-time high. While miners appear to have stopped selling bitcoin, institutions seem still interested in the cryptocurrency and long-term holders keep stacking sats. This transcript is an excerpt from the "Bitcoin Magazine podcast", hosted by P & Q. Sam Callahan joins them to discuss the three main reasons why he