El Salvador is reportedly in a tense situation with the International Monetary Fund (IMF) for merging Bitcoin with its core financial system. Bitcoin, the oldest and the most expensive cryptocurrency, is accepted as a legal currency in El Salvador alongside the US Dollar, which is the nation’s fiat currency. This financial dalliance of El Salvador … Read more
The India Blockchain Alliance (IBA) calls itself a not-for-profit organisation, working on bringing together blockchain developers, firms, venture capitalists, and visionaries together in India. Founded in the year 2018, the body aims to further the research and development work around blockchain, also called the Distributed Ledger Technology (DLT), which makes for the base foundation for … Read more
India’s Web3-focussed non-government groups are stepping up efforts to establish international partnerships. On Monday, the India Blockchain Alliance (IBA) announced a partnership with UAE’s free zone for Web3 firms – the Ras Al-Khaimah Digital Assets Oasis (RAK-DAO). The aim of this alliance, is to take collaborations on Web3 related education, research, and development initiatives to … Read more
Saudi Arabia has launched a Web3 alliance group as part of its Saudi Vision 2030 program that aims to diversify the country’s economy. The newly construed Web3 Alliance of Saudi Arabia (WASA) will bring together players from the international Web3 industry. The group will work to create awareness around Web3 and help Saudi Arabia develop … Read more