Following the increasing integration of digital assets into financial systems, governments are introducing regulatory tools. Belgium is no exception and has introduced mandatory registration with local authorities for crypto platforms. This innovation was adopted by the country’s authorities in February 2021, but the decision comes into force on May 1…

Everything you should know about Terra Luna on bit4you. — History The sudden implosion from May 7th of the TERRA LUNA ecosystem which combined a “stable coin” (the UST unavailable on bit4you) and a LUNA token (listed on bit4you) has generated a lot of turmoil, uncertainty and imbalance on the crypto-currency market Following this implosion which saw the stable UST coin…

USDT has been caught up in the stablecoin market panic! The asset’s link to the dollar is eroding. On Thursday, May 12, USDT plummeted to $0.95 per coin in the morning! The rate leveled down only a half-hour later, although it never surpassed the $1 USD mark. Is this a…

The International Federation of Football Associations (FIFA) has announced cooperation with the blockchain network Algorand (ALGO). In addition, FIFA is starting to work on the basis of the ALGO blockchain and the network will become a regional sponsor of the 2022 FIFA World Cup. Algorand (ALGO) becomes a strategic partner of FIFA The governing body of the FIFA…

According to Music Ally, Spotify is investigating NFT prospects on their platform. According to a Spotify representative, the company is doing testing to assist some artists to advertise their existing third-party NFT offers through artist profiles. …

Because of potential issues with conversion into fiat currency, stablecoins are one of the financial system’s risk areas. In this approach, the regulator classified stablecoins alongside certain forms of financial market products and bonds. …

The world’s largest asset manager has created a blockchain ETF, allowing customers to have greater exposure to cryptocurrencies and blockchain-related firms. BlackRock has developed a blockchain-focused exchange-traded fund (ETF) that allows investors to gain exposure to the cryptocurrency and blockchain industries without actually owning digital assets. The iShares Blockchain and…

Despite the fact the Ethereum blockchain network (ETH) was already known for its low transaction price, the company’s management wants to further reduce the cost of commissions. This was stated by Ethereum co-founder Vitalik Buterin, adding that the price of second-tier transactions should not exceed 5 cents. Buterin wants to reduce the cost of an Ethereum Layer 2 transaction The Ethereum blockchain…

Cryptocurrencies have been a popular discussion topic in recent years. A growing number of companies across the world now accept cryptocurrency as payment for goods and services. Coinmap, a specialized service for locating establishments that take cryptocurrency, is helpful. There aren’t many places to pay with BTC in Eastern Europe…