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Fabio Panetta, an ECB board member, has said that work on the digital euro could tentatively start by the end of 2023. It could then be available to the public after about three years of work.

The UK government has announced that it's planning to regulate stablecoins. This would ensure that they're reliable and safe. It's also seeking to improve the tax system for cryptoassets.

An Australian regulator has sued Meta for allowing fraudulent ads showing celebrities promoting cryptocurrencies to run rampant on Facebook. One person reportedly lost almost $500,000.

A European Union Parliament committee has decided not to ban proof-of-work cryptocurrencies in the bloc. Such a ban would have affected the most popular cryptos including Bitcoin and Ethereum.

Cryptocurrencies are being used to facilitate the transfer of millions of dollars in aid to Ukraine. The firm Elliptic said that over $16.7 million has been sent to the Ukrainian government and NGOs.

All "cryptocurrency transactions" are now illegal in China, ruled the country's Supreme Court. The broad nature of the ruling suggests investing or trading in crypto tokens could be criminal.

Cryptocurrencies including Bitcoin saw a sharp drop in their prices today following Russia's invasion of Ukraine. The decline in prices anticipated European stock markets which are all down.

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SwissBorg held its annual meeting earlier, it outlined plans to scrap fees for P2P payments between SwissBorg users and its plan to reduce emissions related to crypto use on its platform.

Russia's Central Bank has proposed banning cryptocurrency mining, trading, exchanging, and investments claiming that Digital Payment Tokens threaten financial stability, and citizens' wellbeing.

The Opera Crypto Browser Project is a new type of web browser that comes with a built-in cryptocurrency wallet, but will allow different types as well. It is largely based on the new Web3 internet.

The Monetary Authority of Singapore has effectively banned all promotions of cryptocurrencies and services that deal in digital tokens. The regulator claims they are "high-risk" investments.

A new survey from Paysafe suggests that many people who hold cryptocurrencies would like to be paid in blockchain-based digital assets. Many responders also believe everyone will own crypto soon.

New data from Chainalysis shows that illicit cryptocurrency funds reached an all-time high in 2021, totalling $14 billion. Scams were the largest source of these illicit funds followed by theft.

Elon Musk has said Tesla will accept Dogecoin for purchases in the Tesla Shop. Items in the Tesla Shop include the Tesla Cyberwhistle, the Cyberquad for Kids, flasks, and an umbrella.

Bitcoin has tumbled more than 10% this morning hitting $43,000. This comes just weeks after Bitcoin hit a new high of $69,000. El Salvador's President also tweeted to say the country bought more BTC.

Google has said as many as 86% of hacked Google Cloud instances are being used to mine for cryptocurrencies. It said users should use better passwords and keep third-party software updated.

India may not ban cryptocurrencies outright after all, according to Zebpay co-CEO Avinash Shekhar. Based on meetings with the finance committee he believes high taxes on crypto will be levied instead.

Palau is the latest country to dabble in cryptocurrency. It has partnered with Ripple to develop a new USD-backed stablecoin. It could end up being the world's first government-backed stablecoin.

The cumulative cryptocurrency market cap has passed $3 trillion according to data from CoinGecko. It passed the $1 trillion and $2 trillion marks earlier this year too, just months apart.

Philip Hammond, the UK's former Chancellor, has stated that tokenisation, distributed ledgers and other cryptocurrency technologies will be used by the mainstream financial sector soon

The People's Bank of China has clarified that trading cryptocurrencies inside the country is illegal. As its argument, the PBOC said cryptos are dangerous because people can lose their assets.

Today, Twitter announced that it is adding new payment methods for its tips feature including cryptocurrencies. The new feature will allow creators to receive tips from Twitter users via Bitcoin.

PayPal has launched a refreshed app on mobile, making it more convenient to use. It brings a whole plethora of features together making it your go-to app for most financial activities.

President Bukele of El Salvador has announced the country bought 150 more bitcoin bringing the total to 700 coins or 30.8 million U.S. dollars. It comes after he made bitcoin legal tender.

India's reserve bank governor has revealed that it could begin testing its Central Bank Digital Currency sometime in December. It could still take several years for a CBDC to become widespread though.

Poly Network, the crypto platform that was recently hacked and had millions in cryptocurrencies stolen, has confirmed that it has received all the money back from the hacker and is restoring service.

PayPal has expanded its cryptocurrency service to users in the UK. With the new service, people will be able to buy Bitcoin, Ethereum, Litecoin, or Bitcoin Cash for as little as £1.

Binance has been ordered by the UK High Court of Justice to identify hackers who stole $2.6 million from Fetch.ai. Once found, the court said Binance has to freeze the account of those responsible.

Accountants and financial advisors have warned that people may unknowingly be accruing high capital gains tax bills by using crypto-based debit and credit cards to make purchases in stores.

Ethereum has completed a network upgrade called London. The London upgrade should stabilise transaction fees on the network. In the past they have fluctuated wildly to become expensive at times.

The insolvency firm Begbies Treynor has warned governments could miss out on huge sums of tax if they do not get to grips with cryptocurrencies and put regulations and tax measures in place.

In February Tesla purchased $1.5B worth of Bitcoin and announced it's working on accepting it as a mode of payment. Now, Elon Musk has confirmed that customers in the US can buy Tesla using Bitcoin.

PayPal has acquired the cryptocurrency firm Curv to bolster its credentials in the field as it looks to offer these services to users around the world in the first half of the year.

The US Department of Justice has indicted John McAfee over cryptocurrency fraud. It said the businessman was involved in a pump-and-dump scheme on Twitter. He's currently detained in Spain.

Bitcoin has passed $50,000 for the first time in its history. It comes after more businesses expressed their interest in the cryptocurrency and Tesla said it would be allowing bitcoin payments.

Following Tesla's purchase of $1.5 billion worth of bitcoin, the cryptocurrency has achieved a new all-time high of $47,725. As always, it's unclear what will happen to the price in the coming weeks.

In an SEC filing, Tesla has revealed that it purchased $1.5 billion worth of bitcoin. It also said that it's planning to allow customers to buy cars from it using bitcoin payments.