UAE’s ‘digital dirham’ CBDC pilot completes first transaction
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes.
The Blockchain Payments Consortium, made up of several major crypto firms, was formed to create a “common framework that enhances… Read More »New crypto group aims to make unified standards for blockchain transactions
Jeff Park’s pro-CFTC comments come just days after US senators introduced a bill pushing to shift crypto oversight from the… Read More »Crypto oversight by CFTC over SEC is ‘directionally correct’ — Jeff Park
BitMine held about $11 billion worth of ETH as of this week, making it the largest Ether treasury in the… Read More »BitMine appoints new CEO amid Ether buying spree
Federal Reserve Governor Stephen Miran argued that stablecoins’ potential multi-trillion-dollar growth over the next five years will help push down… Read More »Stablecoin demand is growing, and it can push down interest rates: Fed’s Miran
Dollar-backed stablecoins reinforce U.S. currency dominance while democratizing finance in developing nations, countering China’s debt-trap diplomacy.
The latest crypto downturn is hammering companies that built their business models around holding digital assets.
After adopting the AI Act last year, the European Union is considering easing certain provisions amid mounting pressure from the… Read More »EU considers delaying AI Act rollout amid US and Big Tech pressure
Circle’s Arc has seen strong early adoption, with over 100 global financial and fintech giants, including BlackRock, Goldman Sachs, Visa… Read More »Circle’s Arc attracts South Korea’s first won-backed stablecoin experiment
Bitfarms said it plans to shift its Bitcoin mining sites over the next two years and convert them to power… Read More »Bitfarms plunges 18% after plan to wind down Bitcoin mining ops