Russia Makes History: First Salary Paid in Digital Rubles In a groundbreaking move towards digitization, Russia has marked a historic moment by paying its first salary in digital rubles. This significant step showcases the country’s commitment to embracing the digital economy and exploring the possibilities offered by Central Bank Digital Currency (CBDC). The introduction of […]
Swiss banks achieve milestone with deposit token test
Swiss Banks Achieve Milestone with Deposit Token Test Switzerland, known for its precision in watchmaking and banking, has once again proven its commitment to innovation with the recent successful deposit token test. This milestone not only showcases Switzerland’s dedication to staying at the forefront of digital money innovation but also underscores the country’s ambition to […]
Tether launches USA₮ stablecoin in US, aligning with Trump’s GENIUS Act framework
Tether Launches USA₮ Stablecoin in US, Aligning with Trump’s GENIUS Act Framework Tether has announced plans to launch a new U.S.-regulated stablecoin called USA₮. Alongside the token, Tether intends to align its operations with the GENIUS Act framework proposed by former President Donald Trump. This strategic move not only signifies Tether’s commitment to compliance but […]
South Korea to grant crypto firms venture company status
South Korea Grants Crypto Firms Venture Company Status South Korea has taken a significant step towards fostering innovation and growth in the cryptocurrency sector. The Ministry of SMEs and Startups recently announced the removal of restrictions on crypto trading and brokerage businesses, paving the way for these firms to receive venture company status. This move […]
Japan considers stricter crypto rules under securities law
Japan Considers Stricter Crypto Rules Under Securities Law Japan, known for its technological advancements and forward-thinking regulations, is once again paving the way in the cryptocurrency world. The Land of the Rising Sun is considering implementing stricter rules under the Financial Instruments and Exchange Act (FIEA) to regulate the burgeoning crypto market further. These proposed […]
Coinbase relies on AI for nearly half of its code
Coinbase’s Strategic Shift: Leveraging AI for Nearly Half of Its Code Coinbase, one of the leading cryptocurrency exchanges globally, has made a bold move by incorporating artificial intelligence (AI) into almost half of its codebase. This shift towards AI-driven coding practices marks a significant milestone in the realm of digital asset management and blockchain technology. […]
Hong Kong sees surge in stablecoin licensing interest
Hong Kong Emerges as a Hub for Stablecoin Licensing Amid Surge in Interest The world of finance is constantly evolving, and one of the latest trends taking center stage is the rise of stablecoins. These digital currencies, pegged to stable assets like fiat currency or commodities, offer a reliable store of value and a medium […]
The Executive Who Left Luxury for Digital Fashion
From Luxury to Digital: The Bold Move of Alice Delahunt Alice Delahunt, a prominent figure in the luxury fashion industry, recently made headlines by departing from her role as Ralph Lauren’s chief digital and content officer. Her decision to leave behind the world of high-end fashion and venture into the realm of digital innovation has […]
ESMA highlights risks of tokenised equity products
ESMA Highlights Risks of Tokenised Equity Products The European Securities and Markets Authority (ESMA) recently brought attention to the growing trend of tokenised equity products. While these digital assets offer a new way for investors to track share prices, they do not confer actual ownership of the underlying stocks. This distinction raises concerns about potential […]
Could quantum computing reshape Bitcoin’s future
Could Quantum Computing Reshape Bitcoin’s Future In the ever-evolving landscape of digital currencies, Bitcoin has stood the test of time as a secure and decentralized form of financial exchange. However, with the rise of quantum computing, there is a looming question of whether Bitcoin’s security could be compromised. Quantum threats have been a topic of […]