The US president Joe Biden is supposed to release the executive order on digital assets today Wednesday. But, it seems we have a sneak peek into the order and what to expect from it.
This situation in Russia seems to have forced the hands of both the US and European authorities to hasten their proposed regulation of cryptocurrency. Now, we are expecting regulations from the US and Europe within this week and the next.
Coinbase, one of the top cryptocurrency exchanges is the first to comply with the directive. The freeze was not arbitrary as the exchange earlier agreed to freeze only accounts owned by individuals in the sanction list.
Following El-Salvador’s recognition of Bitcoin as a legal tender last year. Many parts of the world have been mulling over the idea and making plans in that direction. This time the train stopped at Lugano, a city in the southern part of Switzerland which aims to be a cryptocurrency hub in the center of Europe.
Non-Fungible Tokens (NFTs) became popular in the crypto space last year. There were huge sales and the buying volume increased by leaps and bounds ever since. Also, the interest shown by the number of online searches for NFTs increased steadily from then, but in the last month (February 2022), this interest seems to have dropped.
