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digital assets

UAE prepares cryptocurrency launch

The United Arab Emirates are working on developing their own cryptocurrency, which is expected to come out between 2023 and 2026. This launch will be thanks to the efforts of the Central Bank of the United Arab Emirates (CBUAE), which…

France and Singapore jointly test cbdc

The Bank of France and the Monetary Authority of Singapore (MAS) are jointly testing digital currencies issued by central banks, according to a joint statement. Both institutions ensured that the cross-border settlement and payment…

Electricity consumption of bitcoin begins to fall

According to data from the Cambridge Bitcoin Electricity Consumption Index (cbeci), the electricity consumption of the cryptocurrency plummeted 60 % from the all-time high reached above 143 terawatt-hours (twh). No such low numbers were…

Iran prepares to regulate cryptocurrency mining

The legislators of the Iranian parliament presented a bill that will allow crypto mining in their territory with well-established rules and a preponderant role of the Central Bank. The project aims to "support cryptocurrency mining and…

Singapore’s DBS launches its own token

The multinational banking corporation, known as DBS Bank of Singapore, launched its first security token offering, or STO, through the issuance of a digital bond. As indicated, this asset has a price of 11.35 million dollars to be paid…

Tether, the most used cryptocurrency other than bitcoin

The cryptocurrency tether is known as the one that remains and acts in the shadows. However, today it is one of the most used,  even above bitcoin. All this because this asset, also known as the usdt, is one of the financial vehicles that…