In his opinion, AI will not replace cryptocurrencies β both technologies will complement each other.
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The technologies cover blockchain, banking, insurance, and cloud security, and they are planned to be used for USDC, the Arc network, and financial services for AI agents.
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πΊπΈ Joe Biden's son accused Trump of turning cryptocurrency support into a family business and "soiling" the entire industry.
As an example, he cited the TRUMP shitcoin, which collapsed from $75 to $1.36, as well as other crypto projects of the president's family.
@DeCenterOrg
As an example, he cited the TRUMP shitcoin, which collapsed from $75 to $1.36, as well as other crypto projects of the president's family.
@DeCenterOrg
π·πΊ The Central Bank of the Russian Federation published rules for regulated cryptocurrency trading in Russia β exchanges will independently set trading modes and calculate prices, and depositories will account for crypto assets almost like securities.
For such depositories, a minimum capital of 50 to 250 million rubles is introduced, and their register will be maintained by the Bank of Russia.
@DeCenterOrg
For such depositories, a minimum capital of 50 to 250 million rubles is introduced, and their register will be maintained by the Bank of Russia.
@DeCenterOrg
π½ The U.S. Senate temporarily postponed consideration of the CLARITY Act bill, focusing on other priorities, including sanctions against Russia.
Due to Senate procedural rules, only one controversial bill can be considered at a time, so the vote on crypto regulation has been postponed.
@DeCenterOrg
Due to Senate procedural rules, only one controversial bill can be considered at a time, so the vote on crypto regulation has been postponed.
@DeCenterOrg
π Stablecoin capitalization decreased by approximately $10 billion from its May peak and dropped to $300 billion β the largest drop since the Terra collapse in 2022.
However, this does not hinder their use, as in June alone, a record volume of transactions β $1.79 trillion β passed through stablecoins, which indicates the market's shift from simple storage and speculation to active payments.
@DeCenterOrg
However, this does not hinder their use, as in June alone, a record volume of transactions β $1.79 trillion β passed through stablecoins, which indicates the market's shift from simple storage and speculation to active payments.
@DeCenterOrg
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π¦ VTB plans to enter the cryptocurrency services market and offer clients transactions with digital assets in the regulated Russian segment.
The bank expects to capture a significant share of the new market, which, according to VTB's estimates, could reach several tens of billions of rubles.
@DeCenterOrg
The bank expects to capture a significant share of the new market, which, according to VTB's estimates, could reach several tens of billions of rubles.
@DeCenterOrg
π¦π· In Argentina, two banking groups are preparing stablecoins, pegged to the peso, for corporate payments, treasury operations, and collateralized loans.
They are not launched by the banks themselves, but by related crypto companies β this way they circumvent the central bank's current ban on direct crypto services.
@DeCenterOrg
They are not launched by the banks themselves, but by related crypto companies β this way they circumvent the central bank's current ban on direct crypto services.
@DeCenterOrg
π²π² Myanmar has adopted a tough law against online scams β managing fraudulent centers and cryptocurrency frauds now carries life imprisonment.
Kidnapping, torture, and forcing people to work in such centers are punishable by DEATH.
@DeCenterOrg
Kidnapping, torture, and forcing people to work in such centers are punishable by DEATH.
@DeCenterOrg
πΊπΏ Uzbekistan launches a special mining zone Besqala Mining Valley in Karakalpakstan β its residents will be exempt from income taxes until January 1, 2035.
Instead, miners will pay the zone's administration a monthly fee of 1% of revenue.
@DeCenterOrg
Instead, miners will pay the zone's administration a monthly fee of 1% of revenue.
@DeCenterOrg
π¦πͺ The largest UAE airline Emirates launched ticket payment with cryptocurrency β the function is already available on the website and in the app.
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