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El Salvador hosts 32 central banks and 12 other institutions to discuss Bitcoin
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The majority of central banks and financial authorities that featured are from Africa  The continent lags in terms of crypto adoption and use compared to ...

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RBI warns of crypto ‘dollarization’ of Indian economy
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Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of ...

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China returns as 2nd top Bitcoin mining hub despite the crypto ban
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China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.

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Japan’s largest investment bank Nomura readies new crypto subsidiary
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The leading Japanese bank plans on establishing a crypto subsidiary outside of Japan and will acquire about 100 personnel to work in the digital asset space.

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Twitch co-founder raises $24M for Web3 gaming firm Metatheory
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The funding round led by Web3-focused venture capital firms will be used for upcoming non-fungible tokens (NFTs), comics, and a play-to-earn game slated for ...

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Coinbase unveils Web3 mobile Dapp and DeFi wallet and browser
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Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other Dapps on Ethereum through the Coinbase app.

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Stablecoin supplies and cash reserves in question amid crypto exodus
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The fallout from Terra’s collapse continues as outflows from Tether (USDT) hit an average of $1.1 billion a day over the past week.

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Miami and New York City coins tank despite Mayoral endorsements
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“People will stop mining the coin if they can’t make money off of it,” according to Michael Bloomberg who referred to the two previously hyped city coins.

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Portugal to lose crypto tax haven status as state announces gains duties
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The small Iberian nation is set to reverse a long-standing tax law that excluded crypto gains on the grounds that they are not legal tender.

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BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
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Quad-stablecoin liquidity pools, an integration with Oasis Network and 12 new vaults could be the factors behind BIFI’s current triple digit gain.

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