Brazilian Congress Aims to Pass Unified Crypto Framework in Coming Months
The Brazilian Congress is trying to approve a cryptocurrency legal framework before the end of Q2.
Central Bank of Brazil Confirms It Will Run a Pilot Test for Its CBDC This Year
The Central Bank of Brazil has confirmed that the institution will run a pilot test regarding the implementation of its proposed central bank digital currency (CBDC), the digital real. Roberto Campos Neto, president of the bank, also stated that this new test will include a fixed supply of the mentioned token, and detailed this pilot will be executed during the last six months of this year.
Why We Can’t Just ‘Stop Printing Money’ to Get Inflation Down
With the Bank of Canada announcing an oversized interest rate hike this week, it might seem like central banks are coming to rescue us from inflation once again. Yet while they did play an important role in mitigating a COVID-induced recession, central banks don’t have the power to solve our inflation problem.
DAO regulation in Australia: Issues and solutions, Part 3
Progressive DAO regulation means questioning accepted institutions: public registries, licensing and corporate rules. Are lawmakers ready?
Metaverse Casino Violating Securities Law Through NFT Sale, State Regulators Say
Two Cyprus-based online gaming operators have been told they can’t fund the development of their planned ‘Metaverse’ casino through the sale of NFTs. That’s because they are violating securities laws.
The SEC wants better corporate disclosures about hacks
Letting customers know about cyber attacks may no longer be based on the judgement of corporate lawyers.
Major Indian Crypto Exchanges Blocked All Transfers and Deposits
Large Indian cryptocurrency exchanges have issues with state-backed transfer network.
Mexico's Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to 'Save Your
The third-richest billionaire in Mexico, Ricardo Salinas Pliego, has shared his experience of living through hyperinflation. He warned that the U.S. and several other civilized countries are “going exactly the same route” his country went through in the 1980s.
Iran plans to launch its own CBDC
Iran has announced plans to launch its CBDC. The country has announced a regulatory framework for the crypto-rial.The CBDC will be minted and distributed by the Central Bank of Iran.
Crypto Exchanges Binance and Whitebit Offer Help for Ukrainian Refugees
The global crypto community has actively supported humanitarian efforts in Ukraine and two crypto exchanges are also looking to help Ukrainian refugees abroad. Binance, the largest coin trading platform, and the Ukrainian Whitebit have turned their attention to the Ukrainians who had to leave their country as a result of Russia’s invasion.
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