Stablecoins: Are They Ready for Everyday Payments? Mastercard, a global leader in payment technology, has recently expressed reservations about the readiness of stablecoins for everyday transactions. Despite the growing popularity of stablecoins in the digital realm, particularly within the realm of cryptocurrency trading, Mastercard believes that these digital assets are not yet suitable for widespread […]
Metaplanet becomes fifth largest corporate Bitcoin holder
Metaplanet Rises in the Ranks as the Fifth Largest Corporate Bitcoin Holder In the realm of cryptocurrency ownership, Metaplanet has emerged as a significant player, securing its position as the fifth-largest corporate Bitcoin holder. This achievement places the company in close proximity to major players in the crypto market such as MARA and Riot, underlining […]
GENIUS Act clears path for bank-run blockchains
GENIUS Act Clears Path for Bank-Run Blockchains In a groundbreaking move, the United States has passed the GENIUS Act, a law that paves the way for banks to issue stablecoins and operate blockchain networks. This significant development holds the potential to revolutionize the financial industry by offering clients faster and more regulated payment options. The […]
New Circle system aims to speed up global money transfers
Revolutionizing Global Money Transfers: The Innovative Circle System in Action In the fast-paced world of finance, the need for efficient and seamless money transfers has never been greater. With the rise of digital currencies and blockchain technology, traditional methods of sending money across borders are being challenged. In a groundbreaking move, the issuer of the […]
Quantum computers could break Bitcoin encryption 20 times faster, Google warns
Quantum Computers Could Break Bitcoin Encryption 20 Times Faster, Google Warns Google just released a new research paper, and it could be a big deal for the world of cryptocurrency. The tech giant has issued a warning that quantum computers could potentially break Bitcoin encryption at a staggering pace – 20 times faster than conventional […]
Crypto assets to be treated as property in Russia
Crypto Assets Officially Classified as Property in Russia: What Does It Mean for Investors? In a groundbreaking move, Russia has officially classified crypto assets as property, a decision that is set to have far-reaching implications for the digital asset landscape in the country. This significant development not only provides clarity on the legal status of […]
UK to enforce strict crypto transaction reporting
UK to Impose Heavy Fines on Companies for Inaccurate Crypto Transaction Reporting The United Kingdom is taking a bold step in the regulation of cryptocurrency transactions by announcing strict penalties for companies that fail to report or submit accurate data. Under the new regulations, companies will face fines of up to £300 per user for […]
Kazakhstan plans energy upgrade with crypto mining
Kazakhstan’s Strategic Move: Enhancing Energy Infrastructure Through Crypto Mining Kazakhstan, a country known for its vast landscapes and rich energy resources, is gearing up for a groundbreaking initiative that could potentially revolutionize its energy sector. The Central Asian nation is set to embark on a significant energy upgrade by integrating cryptocurrency mining into its existing […]
Stripe launches AI payments model and stablecoin accounts
Stripe and Visa Revolutionize Payments with Global Debit Card Linked to Stablecoin Wallets In a groundbreaking move that is set to disrupt the traditional banking system, online payment processing giant Stripe has teamed up with Visa to introduce a revolutionary global debit card linked to stablecoin wallets. This innovative collaboration marks a significant milestone in […]
US Senate blocks stablecoin regulation bill
US Senate Blocks Stablecoin Regulation Bill The recent setback in the US Senate regarding the GENIUS Act has left many in the fintech industry disappointed. The bill, which aimed to introduce much-needed regulations for stablecoins, failed to advance with 48 votes against it, showcasing the challenges of navigating legislative processes in the ever-changing landscape of […]