Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction.

Ethereum had a breakout year in 2021. It’s native asset, ETH’s, market capitalization surpassed $500 billion for the first time. Its network facilitated upwards of $7 trillion value transfer. Non-fungible tokens (NFTs) emerged as another “killer application” that have put its technology on the global stage and caught the attention of the masses.

The bill, first introduced in Paraguay’s Senate in July 2021, aims to regulate commercial activities relating to virtual assets like mining. 

The Block has exclusively obtained a draft version of the crypto regulation bill led by US Senator Cynthia Lummis.

The Solana network clock has lost its sync with real-world time and is now running about half an hour behind.