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LGT Bank of the House of Liechtenstein will provide customers with access to cryptocurrency transactions
Liechtenstein House private bank opens to clients access to digital currency transactions. LGT Bank plans to implement cryptocurrency custodial services and brokerage services in cooperation with the Swiss bank SEBA.
Yuga Labs has earned about $285 million from selling lands of the metaverse
The American startup Yuga Labs, which created the popular NFT Bored Ape Yacht Club, has earned about $285 million by selling land in the metaverse, which is in development. The online auction took place on 30 April.
Flexa payment app empowers users
Digital payments company Flexa has added the ability to accept over 99 digital currencies from any app or crypto wallet. This is said in a statement of Flexa Payments.
The Central African Republic has made Bitcoin a legal currency
The Central African Republic has become the second state in the world to officially recognize digital currency as a means of payment. Now, together with the CFA franc BEAC, local residents can use Bitcoin to pay for goods and services.
Permits for mining suspended in New York
The New York State legislature has supported a bill to freeze the actual level of carbon emissions caused by the mining of digital currencies. It was voted by the assembly of the legislative authority.
UK raises budget by £24m to compensate crypto risks
The British budget for the current year increased by £24.3 million and amounted to £320.9 million. The increase was initiated by the UK Prudential Regulatory Authority (PRA). Additional assets should compensate for the risks associated with digital currencies.
Is mining in the US in trouble?
American congressmen have drawn up an appeal to the Environmental Protection Agency (EPA) with a request to assess the eco-friendliness of the cryptocurrency mining process. In particular, we are talking about compliance with fundamental environmental laws on clean air and water.
The National Bank of Ukraine prohibits the purchase of digital currencies using the national currency
The National Bank of Ukraine limits “quasi cash” operations for individuals. During the state of war, citizens are prohibited from conducting them from hryvnia accounts. Such a decision should stop the unproductive capital outflow.
Fines for illegal mining will rise in Iran
The Iranian government plans to increase fines for illegal mining of cryptocurrencies using subsidized electricity. This is reported by Tehran Times, referring to a representative of the energy department.
Four New Cryptocurrencies Launched on Robinhood Crypto
Robinhood Crypto platform has announced the addition of new cryptocurrencies. Users will now be able to buy and sell Shiba Inu (SHIB), Solana (SOL), Polygon (MATIC) and Compound (COMP). In the near future, it is also planned to add options such as loading wallets and withdrawing funds.
Wikimedia Foundation plans to stop accepting donations in digital currencies
The non-profit charitable organization Wikimedia Foundation is going to refuse contributions in cryptocurrencies. 71.17% of Wikimedia community users voted for this decision. The survey was conducted from January 10 to April 12, 2022. About 400 users participated in it. The calculation did not take into account the votes of unregistered participants and users who created new accounts.
FTX CEO will donate his fortune to charity
Sam Bankman-Fried, founder of investment firm Alameda Research and crypto exchange FTX, plans to donate 99% of his fortune to charity. According to the Bloomberg news agency, the youngest American billionaire will keep only 1% (at least $100,000) of his annual income for personal needs. He will direct the rest of the funds to the implementation of the goals that he considers worthy.
Epic Games and Lego are developing metaverse for children
Epic Games and Lego will unite to create a virtual space designed primarily for children. World-famous brands in the entertainment industry are planning to develop a safe, convenient and interesting family metaverse.
Fighters get BTC bonuses from UFC and Crypto.com
The popular sports organization UFC and crypto exchange Crypto.com announced the launch of additional bonuses in BTC for UFC fighters.
Solana NFT now on OpenSea
The launch on the leading NFT marketplace comes amid recent network disruptions.
Will the new digital euro protect user privacy?
The development of a new digital euro is accompanied by an active discussion of its privacy. There is a possibility that the ECB will choose a centralized solution for the renewed currency. Hence, there is an increasing awareness of the feasibility of such a choice and possible control of users’ costs.
Crypto staking: how to make money on crypto assets
Staking is one of the popular ways to generate passive income from digital assets. It makes the cryptocurrency work and does not require its sale. Also, cryptostaking is often seen as a counterbalance to cryptomining, associated with growing energy consumption and high environmental impact.
SEC established new rules for US cryptocurrency exchanges
At the end of March, the US Securities and Exchange Commission presented to the public new rules for exchanges. Regulatory failures in the sphere that experts still consider excessively risky were a premise of the updates.
SHIB: The Metaverse. Over 100,000 land plots for sale in Ethereum
The details of the Shiba Inu metaverse have become known. Initially, the project was supposed to be launched under the name Shibverse, but later it was changed to SHIB: The Metaverse. The developers plan to use all existing ecosystem tokens. The team expects its own metaverse to become a powerful tool for the development and popularization of Shiba Inu.
A school in the UAE offers to pay for education with cryptocurrency
The Dubai-based Citizens School, starting in September 2022, offers to pay for education with cryptocurrency. It will be a pioneering school in the Middle East, providing parents with flexible payment options in both fiat and digital money.
What changes are waiting for the British crypto industry after March 31?
The coming weeks will be decisive for the British crypto industry. The UK government plans to present to the public a strategy for regulating the crypto market. According to industry sources who wish to remain anonymous, special attention will be paid to the legal regulation of the sector and stablecoins.
