Thailand will ban the usage of digital assets for the payment of goods and services from April 1, 2022, according to a report published by Bloomberg on March 23. It was stated that this new regulation would not affect trade or investments in digital assets.
Legarde: Russians Use Cryptocurrency to Evade Sanctions
Speaking at the BIS summit on Tuesday, ECB President Christine Lagarde claimed that the cryptocurrency ecosystem was a threat, and that the Russian ruble evaded sanctions by infiltrating cryptocurrencies and stablecoins.
Fed’s Williams Sees Potential Role for Stablecoins in Payments
Federal Reserve Bank of New York President John Williams says stablecoins carry the potential to play a useful role in payment. However, he said, other cryptocurrencies are flawed and highly priced.
GameStop Ethereum NFT Marketplace Beta Launches With Loopring Integration
Gamestop NFT Marketplace announced its launch on Loopring (LRC), which supports the beta version. Besides, they intend to make access fast, safe and inexpensive to give power to players.
Grayscale Focuses on Smart Contracts
Grayscale, the world's largest digital currency asset manager, announced the Smart Contract Platforms Fund outside Ethereum. Some of those are: 17% Avalanche ($AVAX), 16.2% Polkadot ($DOT), 9.7% Polygon ($MATIC), 4.3% Algorand ($ALGO) and 4.1% Stellar ($XLM).
Powell Hinting At Regulating Digital Currencies
At a panel attended by FED Chief Jerome Powell, he said new regulations would be needed for cryptocurrencies and stablecoins. At the same time, the Fed is investigating the digital dollar, but no decision has been made yet.
Bitcoin's Correlation to S&P 500 Hits 17-Month-High
According to data from Arcane Research, the Bitcoin S&P 500 correlation recorded its highest level since October 2020, increasing the 90-day correlation rate to 0.49.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.