Cryptosphere news for July 12

There have been developments in the cryptocurrency space that CoinShark will tell you about today. We offer you to read the latest cryptocurrency news on the topic of regulation, listing of tokens and the launch of CBDC.

BitMEX is indefinitely postponing the listing of its own BMEX token. The reason is crypto.

Shanghai plans to increase the Metaverse industry to $52 billion by 2025. Priority projects are related to VR, chips, software products, 5G, cloud computing, and 3D technologies.

The sell-off in the cryptocurrency market affected the positions of over 62,000 traders. They were liquidated due to the fall in the price of BTC below $20,000, and ETH - up to $1,000.

The Bank of Russia does not plan to allow private stablecoins. The only legal payment method will be the digital ruble.

BIS (an international bank) says that cross-border payments will not work if countries do not cooperate at an early stage in the development of technology.

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CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources. Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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