UAE’s dirham stablecoin race widens as RAKBank nets in-principle approval
RAKBank’s in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race.
RAKBank’s in-principle nod from the Central Bank of the UAE to launch a dirham-backed stablecoin adds a homegrown bank to the UAE’s stablecoin race.
Vitalik and Solana’s Yakovenko outline competing ideas about resilience, exposing deeper trade-offs between sovereignty, speed and economic design.
Barclays has invested in Ubyx, a US stablecoin clearing platform, marking a major move into regulated digital money and tokenized financial services.
Moody’s said stablecoins and tokenized deposits are evolving into institutional “digital cash,” with trillions in onchain settlement volume and billions in infrastructure investment.
The investment banking giant is seeking to capture additional yield from the proposed ETF’s Ether holdings via staking, as institutional investors launch more regulated crypto funds.
Innovation thrives only when blockchain and crypto remain apolitical, compliant and interoperable, ensuring technology serves trust, not political agendas.
Nvidia CEO Jensen Huang says there’s a massive race for AI computing power, which could raise questions about how much will be left for crypto mining.
Whales accumulated over $5.3 billion in Bitcoin since mid-December while retail traders took profits, creating bullish market conditions.
Investors would have been better off investing in the S&P500 than betting on US initial public offerings in 2025, with crypto and AI public debuts partly to blame.
Institutional Bitcoin purchases exceeded newly mined supply for eight consecutive days, a signal that has historically preceded major BTC price upside.