Paxos recently collaborated with MakerDao to mutually benefit from increased Pax Dollar(USDP) in the Peg Stability Module(PSM). Paxos will pay MakerDao a monthly marketing fee. Per the proposal, Paxo...
Tag: Republic
Central African Republic Working on Legal Framework For Cryptocurrencies
4 hours ago | 2 mins read Bitcoin News CAR’s various ministries have all contributed 15 experts to the committee. Nigerian crypto exchange Roqqu has received a virtual currency license EEA. A 15-perso...
Central African Republic Appoints 15-Member Committee to Draft Crypto Bill
The committee is made up of top experts from about five government ministries in CAR. The Central African Republic (CAR) has intensified efforts to boost its economy by developing a robust regulatory ...
Why Invest in LumiShare? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
INTRODUCTION Before getting into the specifics of why LumiShare might stand out from the pack as a crypto investment opportunity in 2023, it’s important to first rewind to the beginning of our project...
Central African Republic creates task force to draft crypto bill
The Central African Republic (CAR) government has given a 15-member team the task of drafting a crypto bill. The crypto committee is required to develop a legal structure and an ecosystem model for it...
Central African Republic eyes legal framework for crypto adoption
Central African Republic (CAR), a developing country in Central Africa, set up a 15-member committee responsible for drafting a bill on the use of cryptocurrencies and tokenization in the region. Acco...
Genesis Files for Bankruptcy – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Digital Currency Group’s (DCG) subsidiary Genesis Global, filed for bankruptcy on January 19, 2023. The crypto lender was struggling in the market after the collapse of FTX. The crypto lending firm wa...
Central African Republic working to integrate Sango coin into its economy
The Central African Republic (CAR) has set up a task force to explore modalities for integrating its national crypto, called the Sango coin, into the country’s economy, according to a statement from t...
BlackRock is Planning Lay-offs – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
BlackRock, the world’s largest asset manager, is planning to reduce its workforce. The layoffs amount to less than 3% of its workforce, as a spokesperson for BlackRock told CNN on Wednesday. BlackRock...
Bitcoin, Sango Coin and the Central African Republic
In the spring of 2022, the Central African Republic (CAR) became the first African country to adopt Bitcoin (BTC) as a legal tender. As the second country globally to recognize Bitcoin in such a fashi...
Sam Bankman-Fried Pockets $684k? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Decentralized Finance (DeFi) analyst BowTiedlguana has revealed that defunct crypto exchange FTX’s co-founder and ex-CEO Sam Bankman-Fried (SBF) cashed out $684k soon after his tour of FOX Hill prison...
A guide to Stablecoins. – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Cryptocurrencies are highly volatile; they can go up and down by a huge margin, mostly without any warning. This could be a reasonable stablecoin that was created, as they do not change their value co...
Republic of Palau is working with Ripple to create a ‘national stablecoin’
Some countries are looking to jump on the crypto bandwagon and are mulling the creation of national stablecoins, despite occasional setbacks, such as the bankruptcies and arrests among some of its pre...
What Is Bitcoin Mining? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
The word mining came into existence long back and, at that time, was not classified because that meant digging natural resources and using them further for a wide variety of work. But after the deve...
What is Blockchain? – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
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Ripple Reported to Be Building National Stablecoin for Republic of Palau
Yuri Molchan Ripple reportedly helping to build national stablecoin for Palau, but is the project still going? An anonymous crypto expert under the name @Wkahneman on Twitter, who often posts various ...
Ripple Launching Stablecoin Project for Republic of Palau – Is XRP Involved?
San Francisco-based payments firm Ripple is launching a stablecoin project for the Micronesian nation of Palau. Speaking at a crypto conference in Singapore, Surangel Whipps Jr., the current President...
Seeking Out The Rare Amber Wines Of The Republic Of Georgia, Fermented In ‘Qvevri’
Qvevri wine vessel from Republic of Georgia getty Most wine lovers know that the Republic of Georgia has been producing wine for over 8000 years, and is considered to be the ‘birthplace of wine.’ Thou...
Central African Republic Delays National Cryptocurrency Launch
Central African Republic delays listing Sango Coin, the national cryptocurrency, despite Bitcoin being the legal tender. What can be the reasons? The Central African Republic is making headlines in th...
Central African Republic delays CBDC, cites unfavorable “market conditions”
According to a Reuters report, the Central African Republic (CAR) has publicly delayed its central bank digital currency (CBDC) due to adverse “market conditions.” The delay comes as the crypto indus...
Central African Republic delays the launch of its cryptocurrency “Sango” until 2023
An authoritative declaration revealed that the Central African Republic shall not be offering its digital currency, the sango coin, until the first quarter of 2023. The news was released through the ...
Stripe introduces fiat-to-crypto on-ramp – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Stripe, an Irish-American financial services company is introducing its own fiat-to-crypto on-ramp, permitting clients to exchange dollars for cryptocurrencies. The publicization of the new transacti...
Ripple Seeking Regulatory Approval in the Republic of Ireland
8 seconds ago | 2 mins read Altcoin News Ripple has plans to apply for an electronic money license once it secures a VASP license. Ripple has shifted its attention to countries outside of the US. Rece...
Egyptian Currency Plunges 15% – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
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Republic of Kazakhstan to Build CBDC on BNB Chain
The National Bank of Kazakhstan (NBK) will reportedly integrate its central bank digital currency (CBDC) into Binance’s blockchain network, BNB Chain, said Binance CEO, Changpeng Zhao. The country’s c...
The Central Bank of the Republic of Turkey Plans to Launch CBDC in 2023
Turkey’s Presidential Strategy and Budget Office reportedly have submitted the President’s annual plan for 2023, which included discussions on a central bank digital currency (CBDC). The Turkish gover...