CryptoBlog n.2083
Saudi Arabia's 50-year-old petrodollar agreement with the US has expired. Now, it will sell oil in various currencies, including RMB, Euros, Yen, and Yuan.
CryptoBlog n.2082
Bybit has withdrawn its application for a license to operate as a virtual asset trading platform in Hong Kong.
CryptoBlog n.2081
The Turkish Lira (TRY) market share of crypto volume hit an all-time high of 19% in June, surpassing the euro as the third largest fiat currency by volume. The rising share of TRY volume is also related to the increasing regulatory scrutiny and the loss of banking partners that Binance has experienced. This led to the delisting of its GBP and AUD trading pairs on the exchange last year and boosted the share of the TRY in overall fiat trade volumes. Turkey’s inflation surged in 2022 exceeding 70% while the lira has been one of the worst-performing fiat currencies.
CryptoBlog n.2080
🔵 Number of Ethereum NFT traders falls below 4,000 for first time since June 2021