According to Burberry’s most recent figures, ongoing coronavirus restrictions in China have limited the luxury brand’s sales growth considerably in the first quarter of the year.
India has announced plans to launch a blockchain-based digital currency and tax crypto assets as the nation moves to keep pace with the global shift toward virtual financial instruments.
On Thursday, Russia’s central bank proposed a ban on the use and mining of cryptocurrencies in the country, arguing that digital currencies threaten financial stability, citizens’ wellbeing, and Russia’s monetary policy sovereignty.