The Parliament of Japan passed a law that aims to clarify the legal status of stablecoins, now naming them as digital money.
This proposal plans to go beyond any measure previously established in any country in the world, in terms of protecting stablecoin investors.
It should be remembered that…
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digital currencies
65 % of Argentines willing to use cryptocurrencies
A market investigation carried out by Coinspaid revealed that 65 % of Argentines say they are willing to use cryptocurrencies as a means of payment in different types of physical stores. The study was carried out between the months of March…
China continues to test the digital yuan
The Chinese government is planning to hand out about 15 million yuan worth of CBDC to about 130,000 residents of the Shenzhen community.
These coins will be accepted in at least five thousand stores, with no minimum purchase required to be…
Bitcoin recorded seven consecutive weeks of losses
Bitcoin, the cryptocurrency with the largest market capitalization, has registered losses for seven consecutive weeks, which has become a new historical record for the cryptocurrency in the midst of an increasingly complex market due to the…
Brazil will launch its CBDC this year
The president of the Central Bank of Brazil, Roberto Campos Neto, reported that the pilot program of a digital currency issued by the institution will be applied this year.
As indicated by the president of the entity, this is expected to…
European Parliament rejects the ban on PoW mining
The European Parliament's Committee on Economic and Monetary Affairs has rejected the version of the draft Digital Assets Market Act (MiCA) that prevented cryptocurrencies based on Proof-of-Work (PoW) mechanisms.
The version of the law…
European Parliament suspended the discussion of regulatory framework on crypto assets
The parliamentarians of the European Union indefinitely suspended the vote on the regulatory framework for digital currencies that was scheduled to take place on February 28 and intended to approve a package known under the acronym MiCA,…
Hyperinflation boosts the use of cryptocurrencies in Venezuela
Venezuelan citizens currently use dollars, euros, Colombian pesos for their transactions. Cryptocurrencies also have an important use in the market to cancel products and services as a result of the loss of value and confidence of the…
Russia introduced draft law on digital currencies
The Russian Ministry of Finance has sent a draft law for the regulation of digital currencies to the national government that aims to establish the legal bases for the cryptocurrency market and the rules for its circulation in the country.…
Americans invest in cryptocurrencies
A survey conducted by The State of Consumer Banking & Payments to 2,200 people determined the increase in the investment of Americans in cryptocurrencies as one of the preferred investment alternatives compared to traditional media.…
The United States could launch its digital currency by 2030
The Central Bank of the United States considers that it is quite likely that the country will be able to launch its own cryptocurrency or CBDC between 2025 and 2030. This was reported by the representatives of the financial center Alkesh…
PayPal offers a cryptocurrency purchase and sale service
The use of cryptocurrencies as a financial exchange instrument is limited due to the volatility, cost and speed with which transactions are carried out. However, some technology platforms like PayPal are taking up the challenge and have…