Tether Plans US Stablecoin to Comply with Local Rules Tether, the popular cryptocurrency stablecoin issuer, has recently announced its plans to launch a US dollar-pegged stablecoin. This strategic move comes as part of Tether’s efforts to comply with local regulations and ensure its long-term sustainability in the ever-changing cryptocurrency landscape. USDT, Tether’s existing stablecoin, has […]
Mayor Adams pushes for New York’s rise as a crypto hub
Mayor Adams Pushes for New York’s Rise as a Crypto Hub New York City, often referred to as the financial capital of the world, is now setting its sights on becoming a prominent player in the realm of cryptocurrency and blockchain technology. With a growing blockchain sector, the city is poised to challenge Silicon Valley’s […]
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 […]
SEC closes PayPal stablecoin probe with no action
SEC Closes PayPal Stablecoin Probe with No Action The Securities and Exchange Commission (SEC) recently announced the closure of its investigation into PayPal’s stablecoin, PYUSD, with no further action to be taken. This decision comes in the wake of PYUSD experiencing a significant 75% rise in supply throughout the course of this year. The surge […]
UK and US join forces to promote responsible cryptocurrency adoption
UK and US Join Forces to Promote Responsible Cryptocurrency Adoption The collaboration between the United Kingdom and the United States in promoting responsible cryptocurrency adoption marks a significant milestone in the ever-evolving landscape of digital finance. International cooperation is deemed essential for success, with both countries recognizing the importance of setting groundbreaking regulatory standards for […]
Mastercard launches stablecoin payment support
Mastercard Pioneers the Future of Payments with Stablecoin Transaction Support In the fast-paced world of digital transactions, Mastercard has once again taken a groundbreaking step by launching stablecoin payment support. This strategic move comes at a time when stablecoin transactions are gaining momentum, offering users a seamless and secure way to engage in crypto payments. […]
El Salvador keeps buying Bitcoin under the IMF radar
El Salvador’s Strategic Move: Buying Bitcoin Under the IMF Radar El Salvador, a small Central American country, has been making waves in the financial world with its bold move to adopt Bitcoin as legal tender. Despite facing scrutiny from the International Monetary Fund (IMF) over its decision to embrace the world’s largest cryptocurrency, El Salvador […]
Cash-only Tuvalu installs ATMs
Cash-only Tuvalu Embraces Electronic Banking with New ATMs In a significant leap towards modernization, the remote island nation of Tuvalu has recently introduced ATMs and point-of-sale systems to cater to the growing demand for electronic banking services. Previously known for its cash-only economy, Tuvalu’s embrace of technology in the financial sector marks a pivotal moment […]
Nigerian court postpones Binance hearing over jurisdictional challenge
Nigerian Court Delays Binance Hearing Amid Jurisdictional Challenge The recent postponement of the Binance hearing by a Nigerian court has sparked renewed interest and debate within the cryptocurrency community. The world-renowned digital asset exchange, Binance, is currently contesting the court’s approval of substituted service, citing concerns that Nigerian authorities may have circumvented essential judicial procedures […]
Itaú Unibanco explores real-pegged stablecoin creation
Itaú Unibanco Explores Real-Pegged Stablecoin Creation Itaú Unibanco, one of Brazil’s leading financial institutions, has set its sights on delving into the world of stablecoins by exploring the creation of a real-pegged digital currency. With the rise of blockchain technology and the increasing popularity of cryptocurrencies, Itaú Unibanco’s move towards stablecoin development showcases a strategic […]