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Iran Begins Central Bank Digital Currency ‘Crypto Rial’ Pilot Today

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, […]

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Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges

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

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Huobi Partners With Astropay to Facilitate Fiat Payments in Latam

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

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Brace Yourself for the Impact

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.

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Ethereum Hard Fork Instigator Chandler Guo Claims the Value of ETH and Forked ETHW Will Be the Same in 10 Years

According to Chandler Guo, who initiated the latest Ethereum hardfork, the U.S. dollar price of the newly airdropped coin natively to the forked Ethereum Proof-of-Work (PoW), blockchain will be equal to that of ether. Guo stated that the token's value, currently "very low," will grow 100x over the next ten years. Inflation in ETHW Trade

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Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots

Chain, a Web3 software company, announced that it has partnered up with Kraft Sports + Entertainment. Kraft Sports + Entertainment is the owner and operator of New England Patriots and New England Revolution as well as Patriot Place and Gillette Stadium. Chain explains that the multiyear agreement will allow the company as its "official blockchain

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Founder of Web3 Messaging App: Decentralized Platforms Enable Users ‘to Build Their Communities in a Safe Place’

Web3 is the next generation of the internet. In an era where privacy rights are being compromised and censorship is increasing, it seems like Web3 is the solution that users have been waiting for. Web3 solutions and products have shown that users can be in control of their data, resulting in fewer breaches. Decentralized Communication

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Brazilian Federal Police Launch Operation Colossus, 6 Cryptocurrency Exchanges Involved

Brazilian Federal Police and Brazilian Tax Authority have launched the final stage in Operation Colossus. This movement has executed hundreds court orders against fake companies, arbitrage agents and cryptocurrency exchanges in four states. This operation involved 158 government officials, 130 of them federal policemen. It resulted in search and seizure orders for six forex institutions

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Singapore’s Largest Bank Expands Bitcoin, Crypto Trading To 100,000 More Clients

The country's biggest bank increased its members-only digital exchange by 100,000 clients following the release of Singapore’s digital asset framework. DBS Group Holdings increases bitcoin and crypto trading to 100,000 clients who are its most wealthy. Banks require capital requirements and a minimum of $500 investment. This expansion comes after the release by the central

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