The Reserve Bank of Zimbabwe plans to issue a digital currency, that is backed by gold. This move shows Zimbabwe’s commitment to the adoption of crypto and its potential to improve financial access and stability. Here are some key points: The Reserve Bank of Zimbabwe (RBZ) intends to introduce a digital currency backed by gold. […]
Nasdaq plans to launch its cryptocurrency custody services by the end of the second quarter of this year. According to a recent report by Bloomberg, the services will be made available to customers on a global basis. The service is expected to provide investors with secure storage and trading of digital assets, as well as […]
The UK Treasury has recently published a paper outlining its proposed regulatory framework for cryptocurrencies. This comprehensive 80-page report delves into the difficulties associated with algorithmic stablecoins, nonfungible tokens (NFTs), and initial coin offerings (ICOs). Here are a few takeaways: The UK Treasury recently issued a consultation paper outlining their intentions to enforce regulations on trading […]
