Oleg Derispaska blasts Central Bank of Russia for its stand on cryptocurrency
According to oligarch Oleg Deripaska, switching to Bitcoin will help Russia provide real financial instruments that allow the independence of foreign trade agreements.” Oleg Deripaska a Russian industrialist, has been described as the biggest figure to condemn the Bank of Russia’s position on cryptocurrency regulation in the country. The industrial tycoon pointed out that even […]
Sichuan city shuts down crypto miners for investigation
The news was released after mining operations in some parts of Sichuan city were forced to shut down. According to three different local media reports, Ya’an is one of the major cryptocurrency mining centres in Sichuan Province, China, and will close the city’s mining operations. However, it is not clear how long the mine will […]
Largest Danish bank cautious about cryptocurrency, but not ready to budge
Largest Danish bank, Danske Bank, announced its official stand on cryptocurrencies on Thursday the 17th of June. The bank’s stance was made known when it issued a four-point notice outlining the reasons to be mindful when trading digital assets. The bank vehemently stated that it will not provide any cryptocurrency services to its customers and […]
Virtual property developer Acquires Digital land for $913K on Decentraland
A virtual real estate investment firm has a bought the most expensive digital land plot in Decentraland’s metaverse after spending $913,000 on 259 parcels thereby setting a new record on the platform. A piece of virtual real estate in the Ethereum-based open world game Decentraland sold for more than $913,000, and its intangible assets were […]
Grayscale considers Adding 13 more crypto-assets for its trusts
Exhibiting such great interest in DeFi, Grayscale has added 13 new cryptocurrencies to its list of assets under consideration. Grayscale Institutional Asset Management Corporation announced that it is currently considering to add 13 other crypto assets to its cryptocurrency investment trust products. This was announced on June 18, the potential assets mainly represent the decentralized […]