Honduras and Guatemala are studying CBDCs and the values they bring
Following El Salvador’s Bitcoin debut, Honduras and Guatemala, two Central American countries, are studying central bank digital currencies and the value they could bring to their respective monetary systems. Rather than adopting an existing cryptocurrency as legal money, as El Salvador did, Honduras and Guatemala’s central banks are now researching central bank digital currencies (CBDC). […]
DeFi Land raises $4.1M to develop its new DeFi game on Solana
DeFi Land, a blockchain gamification platform, has raised $4.1 million in funding to develop a new decentralized finance game on Solana. DeFi Land is a simulation game for agriculture that gamifies the facets of decentralized finance. The purpose is to develop educational resources for anyone who wants to learn more about DeFi or other alternative […]
CrossTower crypto exchange expands to India
US crypto exchange CrossTower is seeking to harness the opportunities in the growing Indian crypto market despite the uncertainty over the legal status of Bitcoin in the country. Despite the current legal ambiguity surrounding local crypto regulation, CrossTower, a cryptocurrency exchange based in the United States, is expanding its operations to India . According to […]
Crypto Gaming United and Zebedee raise millions from seed funds
Play-to-earn startups such as Crypto Gaming United and Zebedee have earned millions from their recent seed funding round to the tune of $5 million and $11.5 million respectively. Crypto Gaming United, a firm intending to create a global community of nonfungible token (NFT)-focused play-to-earn gamers, acquired $5 million in a seed fundraising round that was […]
Ukraine passes law to legalize crypto and regulate digital assets
The Ukrainian Parliament has passed a legislation that legalizes cryptocurrencies. The country hopes its new digital asset regulations will attract foreign crypto exchanges. The Ukrainian Parliament passed the draft law “On Virtual Assets ” on September 8, making cryptocurrencies legal for the first time in the country. The legislation is based on existing guidelines issued […]