Representatives of the International Monetary Fund (IMF) have officially stated that the government of the Marshall Islands should “seriously reconsider” its idea of adopting digital currency as a second legal tender. At the moment, the only means of payment in the country is the US dollar.
China continues to create its own crypto history, implementing a policy of banning cryptocurrencies and supporting blockchain technology. Last week, the Supreme Court of the Middle Kingdom recognized records on the blockchain as reliable evidence.
Ripple and R3 have reached a settlement on all outstanding litigation related to the transfer of tokens, which were valued at $19 billion at the time of the dispute. In a brief statement released Monday, Ripple announced the settlement without disclosing details.
Yesterday, the altcoin market was declining, and Bitcoin lingered in consolidation. BTC price decline will resume today
Cryptocurrencies captured the attention of the general public when the industry's market capitalization reached $600 billion last year. The full legalization of the cannabis industry, much anticipated by many US citizens, is also quite popular on Wall Street, with many experts believing that the industry could be worth $75 billion by 2030.
France's largest football club, Paris Saint-Germain (PSG), is planning to issue its own cryptocurrency to encourage the participation of the club's fans in its development.
Belarus wants to cooperate with South Korea to develop blockchain startups and DLT technology It will open the door for international investors from South Korea to raise funds for the development of blockchain technology, artificial intelligence and other innovative technologies.
Vice-President of the European Commission Dombrovskis, at an informal ECOFIN press conference in Vienna, noted that EU member states support legislative initiatives for crypto-assets, since they are already here and “are not going anywhere.”
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