Blockchain & crypto news from India
In three policy briefs released on, UNCTAD, the UN agency for trade and development, urged action to prevent the use of cryptocurrencies in developing countries. Private digital currencies have benefited certain people and organizations. The hazards they represent to monetary system security, domestic resource mobilization, and financial stability outweigh whatever benefits they may have for…
Gucci, the iconic Italian fashion brand declared this week that it would expand its payment alternatives to include the Bored Ape Yacht Club – affiliated ApeCoin (APE) – but only via BitPay. In other words, the prominent brand will allow you to liquidate your APE for United States dollars and spend the proceeds at its…
Iran has placed its first official order via crypto this week, a stance that can allow the Islamic Republic to avoid U.S. sanctions that have severely damaged its economy.
Cash is king… or is it? It may soon be a thing of the past for customers and retailers to prefer cash as a form of payment. Non-cash payment methods weren’t extensively recognized in Europe until the past ten years, but things change quickly in finance. By 2025, it’s anticipated that more than 80% of…
In emerging nations like those in Africa, cryptocurrencies have gained popularity. According to a policy brief recently published by UNCTAD, a United Nations organization. Significant segments of the populations of South Africa (7.1%), Kenya (8.5%), and Nigeria (6.3%) use these digital currencies. The Central African Republic recognized bitcoin as legal tender in June. Why Is…
Crypto influencers can drive markets and teach you about digital currencies. Finding trustworthy bitcoin information can occasionally be challenging, especially with all the new cryptocurrency frauds that keep cropping up. To get the appropriate information, it’s critical that you follow the right individuals. Cryptocurrency influencers can be an approachable, fun source for those who may not…
Speculative investments and cryptocurrency crashes are occasionally associated with blockchains. Some start-ups are attempting to implement Web3 use cases in Africa, such as getting unbanked individuals online and into a more centralized financial system. According to data from the Swiss Crypto Valley Venture Capital, or CV VC, while funding for African blockchain businesses raised $127…
The former founder of Twitter, Jack Dorsey believes that bitcoin has the potential to help the entire world. In an undated video released by Documenting Bitcoin on Twitter, Dorsey was being interviewed at an event, and he shared his thoughts on what makes cryptocurrencies like Bitcoin revolutionary. According to Dorsey, Bitcoin is “incredible” for it…
From Lamborghinis to Starbucks, consumers are utilizing crypto to pay for many goods, and retailers are taking notice.
Though the cryptocurrency wave is slowly gaining momentum, it is yet nowhere close enough to be as universal as fiat money. One of the major reasons for this is that cryptocurrency lacks bulk acceptance as a means of payment. However, many stores accept MasterCard, Visa, and the likes but don’t accept cryptos for transactions. But…