China Makes Asian Digital Currency Proposal to Fight Dollar Hegemony
Researchers from the Chinese State Institute have put forward the idea of a pan-Asian digital currency to reduce the dependence of the region’s economies on the US dollar.
Binance Pool Unveils a $500M Fund to Support Crypto Miners
Binance Pool has recently announced that it has created a $500 million fund to provide debt financing to struggling crypto miners.
BNB Chain Will Activate a Hard Fork After Recent $100M Hacker Attack
The BNB Chain team is implementing a network upgrade as a “hot fix” following a $100 million BSC Token Hub cross-chain bridge hack.
Arcane Research: Volatility in the Crypto Market Could Increase
Arcane Research analysts believe that against the backdrop of the current consolidation, this may be a harbinger of a sharp increase in volatility.
Kazakhstan Greenlights Crypto Regulation and Mining Bills
The lower house of Kazakhstan’s parliament yesterday approved in the first reading five bills regulating the issuance and circulation of cryptocurrencies in the country.
G20: Stablecoins Are Unstable
None of the existing stablecoins meet the standards set for digital assets by the central banks of the largest economies.
USDC’s Capitalization Falls by 12%
The USDC supply topped $56 billion, but it has fallen 12% over the past month.
Binance Will Invest Over $1B in Business Expansion
Cryptocurrency exchange Binance plans to invest more than $1 billion in business expansion by the end of the year .
Bitcoin Mining Difficulty Reaches a New Record
After the latest adjustment to the difficulty of Bitcoin mining that took place yesterday, the figure is up 13.55%.
Portugal May Soon Pass a Law on Crypto Traders Taxation
Portugal may introduce starting next year a 28% tax on income from transactions with digital currencies.
