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Blockchain.com told CoinDesk that it has already integrated Altonomy's "core systems" into the firm's existing OTC trading capabilities and that this is just the beginning. The Global Legal Chronicle ran a story on March 10 about a cash-and-stock deal that the law firm Allen & Overy helped with. Altonomy is a digital asset investment, market-making, and OTC firm that started in 2018. It began in 2018. If you want to buy or sell something challenging to move, you can use the OTC desk on the ApeCoin (APE) OTC desk, which connects buyers and sellers. When Altonomy made OTC trades in the spot market last year, they handled more than $16 billion in transactions.  

The Minister of State for Finance, Pankaj Chaudhary, said the government had no plans to adopt cryptocurrencies. He replied in writing that cryptocurrencies are currently unregulated in India. "The RBI does not issue cryptocurrency; traditional paper money is legal tender and supplied by the RBI following the RBI Act, 1994," he explained. As part of a phased implementation approach for CBDC, he stated that the RBI is now exploring use cases that could deploy with minimal or no disruption. He said that CBDC could reduce reliance on cash, increase seigniorage due to lower transaction costs, etc. He added that printed notes were worth Rs 4,378 crore in 2019–20 and Rs 4,012 crore in 2020–21. The country's financial health has many components, he said. He also noted that the stock markets "indicate economic growth in the medium to long term, as stock prices reflect the market's expectation of future corporate earnings/profitability, and thus the underlying confidence

The Ugandan central bank is reportedly attempting to issue the country's version of the CBDC similar to the US dollar, a CBDC that both people and companies can use. BOU is reportedly also working on reforming the country's financial regulations. As a result, the BOU accepted the CBDC due to the move. During a recent interview, Charles Abuka, the BOU's executive director for operations, stated that they needed to clarify why they wanted to create the CBDC. He said it's essential for the central bank to know how much money it will cost to create a digital currency. Digital currency, according to Abuka, may be subject to cyberattacks.  

On Friday, the Group of Seven countries (G7) made a statement together about more penalties for Russia. "Our countries have taken a wide range of restrictive measures that have had a major impact on Russia's economy and financial system," the statement says, referring to Vladimir Putin's February 24 invasion of Ukraine. As part of their agreement, the G7 countries want to keep the effectiveness of their restrictions, clamp down on evasion, and close loopholes. The G7 joint statement has the following: "As part of this, we will make sure that the Russian government, its elites, and proxies and oligarchs can't use digital assets to evade or lessen the effects of international sanctions." As the G7 leaders said, "It is well known that our current sanctions already cover crypto assets." And it will further limit their access to the global financial system, they said. They will take steps to make it easier to find and stop illegal activity, and they

The hottest topic is comparing various blockchain projects' features. Bitgert BRC20 has overtaken Solana as the fastest chain. The Brise chain is the only chain with a zero gas fee mechanism. The Centcex project has been exciting the crypto community, and that's why its coin is doing well. Solana's chain will need to beat Bitgert's blockchain speed to reclaim its position. But that will be a tall order for the coin. Cardano has a scaling protocol upgrade that could push its TPS to 1 million, but this has to wait until the upgrade is completed.  

The partnership will establish a registry and verification system for quantifying the country's carbon sequestration, carbon emissions, and carbon credits. Climate claims to be the first transparent, decentralized network for climate data, forecasts, and models. Its base layer is built on Ethereum, and its network leverages Chainlink's decentralized oracle network. Namibia is an emerging country in the green hydrogen drive, with abundant solar and wind resources. Climate has partnered with the University of Namibia to verify the country's carbon credits. The data platform will enable monetizing green hydrogen projects in a scalable manner.  

To create digital money, Brazil's central bank has enlisted the aid of nine different companies (CBDC). The partners are the decentralized finance (Defi) platform Aave and the crypto exchange Mercado Bitcoin. On Thursday, the central bank announced that it had received 47 proposals from seven countries for a CBDC initiative. It stated that it sought to evaluate use cases for a CBDC and assess its technological feasibility. The CBDC pilot program will begin in 2022, and the final version will be introduced in 2024, the central bank said in November. It was essential to find an appropriate balance between the breadth and depth of proposals submitted to our lab and our need to closely monitor those projects that were ultimately chosen, "our central bank stated in its announcement." According to the central bank, this phase will begin on March 28 and continue until July 27.  

The price of Bitcoin rose by 16% on Tuesday, as the Russian attack on Ukraine continued and the U.S. increased its sanctions on the country. Ethereum went up 5.4% to $2,980.38. In the morning, the crypto asset's value went above $3,000. A company called Coin Metrics says that the cryptocurrency's price was up 6% in the last 24 hours to $44,219.50. Last week, there was a significant drop in cryptocurrency prices because stocks and other risky assets went down after Russia invaded Ukraine. This rally comes after that. Some experts say that investors bought the dip, Russians tried to use crypto to avoid sanctions, and Ukrainians and Russians tried to get their money out of their countries.  

  Blockchain technology could prove transformative for industries, including financial services. A primer on technology, sponsored by the Organization for Economic Co-operation and Development, was recently published. It highlights the array of opportunities and challenges that blockchain's popularity could have on the financial industry, among many other fields. A blockchain is a shared ledger of transactions between parties in a network. It can diminish the role of intermediaries in the transfer of data. The Organization for Economic Cooperation and Development (OECD) sees far-reaching potential for blockchain in the global economy. Blockchains can vary in the way they operate. One of the prime strengths of a blockchain is its immutability. Once a transaction is made to the ledger, it can not be undone. The first U.S. bitcoin futures exchange-traded fund became available in October 2021. Forty percent of fund selectors report that clients are increasingly demanding cryptocurrency

When accumulating Bitcoin, "Hodling" is the best strategy (BTC). An artificial intelligence (AI) trading bot coded by a software developer in Portugal has drawn this conclusion. The bot decided that the best strategy for trading Bitcoin was buying and holding onto it. An inebriated user created the popular meme "Hodl" by misspelling "hold" in a post in 2013.