This Report will provide you with some important and quick news of cryptocurrencies that happened around the world.
1) The Reserve Bank Of India Has Petitioned The Board To Put An Outright Ban On Cryptocurrency
According to sources familiar with the proceedings at the Reserve Bank of India’s (RBI) board meeting on Friday, December 17, the RBI notified its central board that it favours a blanket ban on cryptocurrencies…[continue reading]
2) Instagram Is ‘Currently Investigating NFTs’ CEO Verifies
Instagram, one of the most popular social media sites, has announced that it is “currently investigating” the crazed trend of Non-Fungible Tokens (NFTs). Earlier today, Instagram CEO Adam Mosseri used the site’s “storey” function to forecast the future of NFTs on the worldwide popular social media network…[continue reading]
3) Justin Sun Resigns As TRON’s CEO, Declaring The Tron Foundation Will Dissolve In 2022
Justin Sun has resigned as CEO of TRON to take up the role of Grenada’s WTO Ambassador. On July 25, 2022, the TRON Foundation will likewise be dissolved. Justin Sun announced his acceptance of the Grenadian government’s offer and appointment to serve as the WTO ambassador and permanent representative of Grenada in a series of tweets accompanying an open letter. Grenada is an island republic in the eastern Caribbean, near to Venezuela…[continue reading]
4) Melania Trump Has Announced The Creation Of Her Own NFT Platform
Melania Trump, the former first lady, announced the establishment of her own NFT platform and her first NFT, “Melania’s Vision.” The platform is built on Solana, is enabled by Parlor, and accepts payment by SOL and credit cards. Is it referring to the presidential elections in 2024?…[continue reading]
5) Ethereum Is The New App Store, Microsoft’s Chief Executive Officer Declares
Yorke Rhodes, who has worked at Microsoft for seven years as the Director of Digital Transformation, has confidently declared that ethereum would become the next app store in only two years…[continue reading]
6) Myanmar’s Underground Government Makes Use Of Tether To Combat Military Control
Myanmar, a troubled Southeast Asian nation, has a turbulent political past. Now, Bitcoin is influencing how the country’s political future is shaped. Myanmar’s National Unity Government, backed by supporters of jailed former leader Aung San Suu Kyi, has accepted Tether as the country’s official currency…[continue reading]
7) Musk Announces Tesla Will Accept Dogecoin Payments For Merch
Elon Musk, CEO of Tesla, has said that the company would take Dogecoin in exchange for some of its merchandize. Tesla CEO Elon Musk recently announced that the electric vehicle company would begin taking Dogecoin as payment for certain of its merchandize. “Tesla will make certain stuff available for purchase with Doge and will monitor the response,” Musk tweeted today…[continue reading]
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