Author: admin

Uniswap’s founder Hayden Adams has criticized investment banking giant, JPMorgan Chase for closing down his accounts without any form of notice or explanations. Sharing his displeasure on Twitter, the decentralized finance (DeFi) innovator said the bank’s actions are not uncommon, making reference to the “many individuals and companies who have been similarly targeted simply for

The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. According to strategists Alkesh Shah and Andrew Moss, central bank digital currencies or CBDCs are an evolution of electronic currencies, but digital currencies issued by the private sector will also probably keep

In a press release issued on Monday, the Bank of Korea (BOK) said that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials. Many central banks worldwide are reconsidering the use of fiat currencies in their economies as the financial revolution is taking centre stage across the

While the Russian central bank presented the proposal to receive public comments, local tech and political oligarchs are expressing their full displeasure over the proposed ban. Just as China banned digital currencies in 2021, the Central Bank of Russia (CBR) has also proposed imposing a blanket ban on cryptocurrencies, as reported by Blockchain.News in the past week.