The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims to Prevent Circulation of Decentralized Currencies Cryptocurrencies in the Russian Federation, as well as related activities, remain only partially regulated, mainly through the law “On Digital Financial Assets,” which went into force at the beginning of this year. One of the […]

PRESS RELEASE. Recently, on the 23rd of November, SpaceSeven launched its state-of-the-art NFT marketplace. The SpaceSeven marketplace is the first of its kind — one of the few — if not the only scaled e-commerce, fully regulatory compliant platform. By combining powerful NFT marketplace technology from Tacans, a Swiss-based Software development house, and Venture Builder, with an R&D center in Ukraine and the vanguard Concordium blockchain platform, SpaceSeven achieved a world-class NFT Marketplace that is expected to fundamentally transform artists’ exposure and recognition. With the Concordium blockchain […]

Discussing Jerome Powell’s reinstatement, a European debt crisis, the rising dollar and more through a Bitcoin lens. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast After a week off due to illness, we’re back with a new episode of Bitcoin Magazine’s “Fed Watch” podcast. In this one, Christian Keroles and I sat down to talk about the mysterious competitive world of central banking. Topics include Federal Reserve Chairman Jerome Powell’s reappointment and, funnily enough, what it means for the European Central […]

A play-to-earn (P2E) blockchain gaming guild has raised $18 million in a Series A financing round according to an announcement on Wednesday. Avocado Guild detailed that the firm raised the funds from investors such as Animoca Brands, Goldentree Asset Management, Three Arrows Capital, and Solana Ventures. P2E Organization Avocado Guild Raises $18 Million From Strategic Investors According to an announcement from Avocado Guild on Wednesday, the organization raised $18 million from strategic investors. The capital raise stemmed from the firm’s Series A funding round which gave Avocado […]

The peer-to-peer network processed 62% more value in dollars than PayPal, a report showed. Bitcoin has processed more dollar volume than PayPal so far this year. The peer-to-peer network transacted around $489 billion per quarter on average in 2021, while PayPal amounted to $302 billion. But Mastercard and Visa still process more money than Bitcoin. The Bitcoin network processed 62% more value in dollars than PayPal this year, according to a report by Blockdata. The firm also analyzed the volume transacted in the Mastercard and Visa networks. […]