Freeway Crypto Staking Platform Halts Some Services Citing Market Volatility

Freeway, a crypto staking platform has brought some of its services to a temporary halt citing market fluctuations. In a bid to keep its business afloat, Freeway has stopped buy and withdrawal services on its platform. The company is working on drafting newer strategies that could make its operations more resistant to the volatile nature … Read more

Binance Observes Surge in Clients Due to Rising Inflation, Strong Dollar

Binance, the world’s largest cryptocurrency exchange, is seeing a surge in clients due to rising inflation and a historically strong dollar that has depressed emerging market currencies, an executive told Reuters on Wednesday, without disclosing numbers. “Now that we are seeing inflation ramping up worldwide, we are seeing that more and more people are seeking … Read more

Thailand Central Bank Digital Currency to Enter Testing This Year, Bank of Thailand Says

Thailand’s central bank said on Friday it expected to test its retail digital currency from late this year to the middle of 2023, as an alternative payment option. During the testing, the retail central bank digital currency (CBDC) will be used in conducting cash-like transactions, like paying for goods and services, within limited areas and … Read more