Crypto News Cast đŽ 28-04-2022
Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today
24hours Cryptocurrency Market Cap:
đMarketCap:Â Â Â Â Â $1819 B
đ24h Mcap %: Â Â Â Â 14.68%
â ď¸Bitcoin Dom:     41.70%
đActive Coins: Â Â Â 4529
đ24h Vol %: Â Â Â Â Â 3.10%
đ˛24h Vol:        $87 B
Crypto News Updates :
- The Central African Republic Becomes Second Country To Legalize Bitcoin
- Cuban Central Bank Will Provide Licenses To Crypto Service Providers
- Bank Of Spain Says European Cryptocurrency Users Now Prefer Decentralized Services
- Standard Chartered Bank Makes A Foray Into The Metaverse
- Switzerland Lists First Bitcoin And Gold Exchange-Traded Product In The World
- Buenos Aires Mayor Promotes A Plan That Allows For Bitcoin Tax Payments
- Polygon Sees 6x Increase In Number Of dApps Built On Its Network
- Wood And Novogratz Considers $1Million Target For Bitcoin, Discusses Web3âs Prospect
- Despite SECâs Lawsuit XRP-based Products Demand Has Exploded
- Brazilâs Senate Greenlights Cryptocurrency Regulation In New âBitcoin Lawâ Bill
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â The Central African Republic Becomes Second Country To Legalize Bitcoin
Today, the Central African Republic (CAR) declared that Bitcoin has been approved as legal money. After El Salvador, it is the second country to make the switch. Central African Republic President Faustin Archange Touadera signed the bill into law after it was unanimously passed by the National Assembly. The Central African CFA franc (XAF) will coexist with Bitcoin as the official currency. Read Full on Decrypt.
â Cuban Central Bank Will Provide Licenses To Crypto Service Providers
The countryâs central bank, the Banco Central de Cuba (BCC), will start giving licenses to Bitcoin (BTC) and other virtual asset service providers (VASPs). Anyone wishing to provide virtual-asset-related services must first obtain a license from the Central Bank of Cuba, according to the resolution. On the 16th of May, this judgment will take effect. The licenses would also be extended for a second year, according to the document. Read Full on cointelegraph.
â Bank Of Spain Says European Cryptocurrency Users Now Prefer Decentralized Services
The Bank of Spain released a research on April 26 detailing how Europeans have been utilizing cryptocurrencies over the last year, as well as how they favor decentralized services and unbacked crypto-assets like Bitcoin (BTC) and Ethereum (ETH). The volume of cryptocurrency transactions in the European Region expanded at a rapid rate during the last year, surpassing that of the United States and reaching about âŹ845 billion. Read Full on CryptoPotato.
â Standard Chartered Bank Makes A Foray Into The Metaverse
Standard Chartered Bank stated on Tuesday that it has teamed with The Sandbox, a prominent blockchain virtual game platform, to develop [a] metaverse experience. According to the bank, it is the first bank to purchase virtual land in The Sandbox metaverseâs Mega City sector, a culture centre based on or inspired by Hong Kong talent. Standard Chartered is a leading global bank with more than 85,000 people serving customers in more than 150 countries. Read Full on Bitcoin News.
â Switzerland Lists First Bitcoin And Gold Exchange-Traded Product In The World
The Swiss SIX stock exchange has listed the worldâs first exchange-traded product (ETP) that combines exposure to bitcoin (BTC) and gold. ETP issuer 21Shares and crypto data supplier ByteTree Asset Management collaborated on the product. The BOLD ETP from ByteTree Asset Management will track an unique benchmark index that includes bitcoin and gold. BOLD looks to become first to combine bitcoin and gold exposure. Read Full on coindesk.
â Buenos Aires Mayor Promotes A Plan That Allows For Bitcoin Tax Payments
Mayor Horacio Rodriguez Larreta of Buenos Aires presented a virtual presentation today proposing measures to improve city management, including allowing people to pay taxes in cryptocurrencies like Bitcoin. One of the planâs 12 key objectives is to use blockchain technology to protect personal data. The overarching goal, dubbed Buenos Aires+, is largely focused on enhancing public services through technological improvements. Read Full on Decrypt.
â Polygon Sees 6x Increase In Number Of dApps Built On Its Network
Polygon has seen a six-fold surge in the number of dApps that are developing on its network in only six months. According to Alchemy statistics, Polygon has reached a major adoption milestone, with more than 19,000 decentralized apps (dApps) running on its network, up 500 percent from 3,000 dApps in October. Polygon PoS now has over 8,000 monthly active teams, compared to over 6,000 in January. Read Full on U.Today.
â Wood And Novogratz Considers $1Million Target For Bitcoin, Discusses Web3âs Prospect
Cathie Wood and Mike Novogratz, speaking at Crypto Bahamas, both predicted that Bitcoin would surpass $1 million in the future. The two discussed Bitcoinâs growing importance in the American economic and political scene. They also discussed Web3âs potential, emphasizing the importance of NFTs in the future. Wood explained how the most valuable cryptocurrency may be worth $1 million by the end of the decade. Read Full on Crypto Briefing.
â Despite SECâs Lawsuit XRP-based Products Demand Has Exploded
Despite the lawsuit brought by the US Securities and Exchange Commission (SEC), Brad Garlinghouse Ripple CEO Brad says the payments business continues to develop in a new Bloomberg interview. The demand for RippleNet has increased eight-fold, from the first quarter of 2021 compared to the quarter that ended in March this year according to the CEO of Ripple.Read Full on The Daily Hodl.
â Brazilâs Senate Greenlights Cryptocurrency Regulation In New âBitcoin Lawâ Bill
In a plenary session, Brazilâs Senate enacted the countryâs first measure controlling cryptocurrencies, paving the way for the construction of a regulatory framework for the countryâs crypto business. The Senate agreed that the countryâs executive branch would be in charge of developing crypto-asset regulations, with the option of creating a new regulator or delegating authority to the Securities and Exchange Commission (CVM) or the Central Bank of Brazil (BC). Read Full on cointelegraph.
