Central Bank of Brazil Introduces DREX Currency

The Central Bank of Brazil has announced the official name for its digital currency – DREX. The acronym DREX stands for the elements of innovation: D – digital, R – real, E – electronic and X related to transactions on the Brazilian Pix platform. The Brazilian digital real will expand […]

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Bitstamp to suspend trading of major altcoins for US users

Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND) and Solana (SOL) for customers residing in the United States beginning Aug. 29. According to the Aug. 8 announcement, trading of the seven aforementioned cryptocurrencies will soon become unavailable for […]

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