#cryptocurrencies

India's Minister of Finance, Nirmala Sitharaman, has verified ongoing discussions within the G20 about establishing an international framework for cryptocurrencies. She views digital assets as both a challenge and an opportunity. "In an interconnected world, financial technology transcends borders, therefore making cross-border partnerships absolutely crucial,” Sitharaman said. Previously, India's Prime Minister had also emphasized the need to embrace technological advancements and develop comprehensive global regulations.

Former Vice President of Tinder Jeff Morris believes that cryptocurrency developers' desire for 1 billion users is misguided, as a passionate and small community can be more valuable. Morris also believes that cryptocurrency apps should be made more accessible to regular users to lower the threshold of entry into the industry and create an enjoyable user experience.

Researchers from the University of Cincinnati have crafted a crypto literacy scale (CLS) to gauge and standardize understanding of cryptocurrencies and related tech among consumers and policymakers. Their study, "Measuring Crypto Literacy," emphasizes the difference between traditional financial literacy and crypto literacy. The team believes that while financial literacy helps prevent scams, there's a distinct need for a crypto-specific scale.

Tangem's previous success in July saw them selling 5,000 cold wallets, each compatible with a staggering 6,000+ cryptocurrencies. A new batch is now available, yet again sporting a Shiba Inu design. According to the company, the first shipment reached a Hong Kong warehouse without issue and has been sent to customers.