Bank Indonesia, Indonesia’s central banking regulator, has announced the start of a consultation process for Project Garuda, its central bank digital currency (CBDC) initiative. According to a report in the local news publication Tempo, Bank Indonesia’s consultative process is intended to...
The Value of Crypto RegulationCryptocurrency operates in a largely unregulated environment, which has resulted in a number of issues. There have been reports of exchanges being hacked, resulting in the loss of millions of dollars in cryptocurrency. There have also been...
CoinTracker, a virtual currency tax and portfolio tracker, has announced a new round of layoffs, affecting 19 employees. The elimination of 19 positions results in a 20% reduction in staff strength. The firm blamed the contract terminations on unfavorable conditions caused...
David Schwartz, Ripple’s chief technology officer and one of the architects of the XRP Ledger, shared some new thoughts on XRP supply. The blockchain figure’s thoughts were prompted by a discussion about cryptocurrency inflation and the recent airdrop of Flare Network’s...
IncomeSharks, a Twitter user, has expressed his thoughts on the current cryptocurrency market situation. IncomeSharks joins other analysts in attempting to forecast how the next phase of Bitcoin price development will unfold. The bears in the Bitcoin market are currently in...