Dears Here we are going with our traditional news digest | Kick Ecosystem - News

Dears

Here we are going with our traditional news digest

Cryptocurrency is suitable not only for investments. Coins can also be used for everyday expenses. Here Anti Danilevski, our CEO and founder, tells about KickEcosystem experience in crypto payments (for Russian audience)

We often see strange attitude to crypto in U.S. But here we have not bad news. Senator Cynthia Lummis has introduced a new bill aimed at totally incorporating digital assets into the U.S. financial system. The draft bill will be unveiled on June 7. It’s interesting to see this story’s continuation.

One of the hottest topics for discussion in the crypto community remains Terra 2.0 launch. Once more and officially: this project is similar to a financial pyramid. Despite the support of some community’s part, Anti Danilevski is sure that Terra 2.0 will collapse (for Russian speakers).

“I realized that it’s time to do cryptohistory in Russia”, - said Anti Danilevski in his hot interview for RT. His thoughts, why Russia need crypto, where it can be bought and how to keep IT specialists from emigrating. Today in Russian, but English version is coming soon.

One more news about legislation. New Japanese law may allow seizure of stolen crypto. Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations. Equal assets mean equal principles.

The U.S. Federal Reserve has released a blog post showing the instability of Bitcoin against the U.S. dollar when buying eggs, however, the crypto community was quick to point out the reality of the situation. What for? Maybe, because Fed forgets long-term dollar devaluation?

Indonesia-licensed crypto asset platform Pintu raises $113M. These resources will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains. So, good mark about investors’ confidence in cryptocurrency.

Thank you for attention! Have a nice evening