The Shelley mainnet bring new capabilities to the Cardano platform in terms of staking, DApps, smart contracts, and a new guided governance system.

Thailand is seeing a growing number of crypto businesses getting license from the regulators. The crypto businesses are categorized as crypto dealers, brokes, crypto exchanges, and ICO portals.

The People’s Bank of China have accelerated the testing of Digital Yuan as it collaborates with businesses across different industry sectors.

Bitcoin and Ethereum take the crypto markets higher as investors look keen on grabbing the two top cryptocurrencies.

Throughout the week, BTC’s highest value was of $9,667, thus there is still room for considerable growth before reaching and hopefully surpassing the $10,000 threshold.

Russia finally decided to gives cryptocurrencies a legal status and allows its citizens to buy and hold crypto for investment purpose. It adds that Russia’s central bank will monitor all the regulatory necessities involved.

After months of working out its tax rules, the South Korea finance ministry has come with revised tax rules that taxes crypto gains at 20% rate, just like the capital gains taxes.

National banks and financial institutions will now provide crypto custodial services to their customers by ensuring proper risk management practices.

With its digital currency MUFG Coin, the Japanese banking giant aims to offer a borderless shopping experience to all customers of its partnership firm Recruit Holdings.

The sudden surge in DeFi activity this year has resulted in the execution of several different transactions on the Ethereum blockchain network.

The Bank of Thailand said that it is pilot testing its CBDC with country’s different financial institutions and other big enterprises.

Over the last 7 days, cryptocurrency prices have faced a short decline, yet we are nowhere close to a bear market, as values are likely to increase once again. With this in mind, in the case of bitcoin, a price peak of $9,339 was reported this week.

In one of the biggest hacks in the tech industry, hackers managed to get access to the Twitter accounts of high-profile personalities and corporates which in turn asked to send Bitcoins to a particular wallet address.

The BoE Governor Andrew Bailey said that the central bank is actively thinking of accommodating a CBDC in the country’s financial framework.

Check out some of the top performing alt coins which are grabbing the limelight.

The Spanish banking giant will use Ripple’s blockchain-based solution to get a strong hold in the rapidly changing international payments’ market.

Over the last 7 days, the cryptocurrency market has felt a slight degree of volatility, but all around, the values have remained mostly the same.

Coinbase’s public listing could be landmark victory for the crypto industry as it will encourage more crypto firms to join the mainstream markets.

As part of its initial stage tests in the market, China’s central bank has entered a strategic partnership with Didi to test the use of Digital Yuan across its customer base.

The Bank of Japan has said that it will be testing the technical viability of having a CBDC which can work both online as well as offline in its cash-dominant financial ecosystem.