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Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases

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The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these…

Mexico’s Third Richest Billionaire Warns of Severe Dollar Inflation — Says Buy Bitcoin to ‘Save Your Skin’

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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. Mexican Billionaire…

Heroes of Arcan Announces Community-Driven Heroic Fantasy Play-to-Earn Game

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PRESS RELEASE. Heroes of Arcan aims to create a play-to-earn game that offers players engaging, challenging peer-to-peer strategic gameplay backed by ethical, carbon-neutral blockchain technology. The play-to-earn revolution has catalyzed global change in blockchain and cryptocurrency markets, with over 750,000 individual…

UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation

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The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to…

Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country

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The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued…

Meta Brings Metaverse-Like 3D Ads to Facebook and Instagram

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Meta is bringing interactive 3D ads to Facebook and Instagram feeds, inspired by the metaverse pivot the company has begun to execute since its name change. This is possible due to a new integration in Meta’s AR (Augmented Reality) publishing library…

Vietnamese Government and Central Bank Developing Legal Framework for Crypto

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Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. Vietnam Creating Legal…

Ghana CBDC Development: New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency

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In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists the institution is open to suggestions that will help…

Central Bank of Honduras Discredits Bitcoin Legal Tender Speculation

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On March 23, Honduras’ central bank issued a clarification on crypto assets such as bitcoin, and noted that digital currencies are not legal tender or regulated in the country. The announcement, posted via Honduras’ central bank official Twitter account, comes after…

Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario

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Cryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency…