Trump Forms Cryptocurrency Working Group to Support Existing Cryptocurrencies and Ensure Banking Access for Crypto Companies The world of cryptocurrencies has been gaining momentum in recent years, with more and more individuals and businesses turning to digital currencies as a means of exchange and investment. In a recent move that has sent shockwaves through the […]
El Salvador adds $1 million in Bitcoin to reserves
El Salvador Bolsters Financial Reserves with $1 Million in Bitcoin El Salvador, a country making waves in the financial world, has recently added $1 million worth of Bitcoin to its reserves. This strategic move has significantly boosted the country’s Bitcoin reserve, which currently stands at an impressive 6,044 BTC. At the current market value, this […]
Trump’s World Liberty Financial expands token sale
Trump’s World Liberty Financial Expands Token Sale Trump’s World Liberty Financial (WLFI) has made waves in the financial world with its recent expansion of the token sale. The platform has successfully raised $300 million by selling 20% of its 100 billion WLFI tokens, setting a strong foundation for its future endeavors. Building on this momentum, […]
Digital Pound Lab to explore UK CBDC use cases
Digital Pound Lab to Explore UK CBDC Use Cases The United Kingdom is taking a significant step towards the future of finance with the establishment of the Digital Pound Lab. This innovative initiative is set to explore the potential use cases of a Central Bank Digital Currency (CBDC) in the UK. With a primary focus […]
Intesa Sanpaolo invests €1 million in Bitcoin
Intesa Sanpaolo Leads the Way in Digital Asset Adoption with €1 Million Bitcoin Investment Intesa Sanpaolo, one of Italy’s premier banking institutions, has taken a significant step towards embracing the digital future by investing €1 million in Bitcoin. This bold move not only marks a milestone for the bank but also positions it as a […]
Japan Set to Launch the First Cryptocurrency-Backed Credit Card
Japan is poised to take a significant step into the realm of digital finance with the introduction of the world’s first cryptocurrency-backed credit card. This innovative financial product is designed to revolutionize the payment landscape, particularly in how cryptocurrencies can be utilized in everyday transactions. Set to launch in early 2024, this credit card, backed […]
New Report Tracks Digital Euro Development: Key Insights and Implications
The landscape of digital finance is rapidly transforming, and the development of the digital Euro has emerged as a focal point in Europe’s financial strategy. A recent report published by the Digital Watch Observatory delves into the current status of this ambitious project, offering vital insights into its implications for the European economy and beyond. […]
New Frameworks Set to Advance Asset Tokenisation in Singapore
In a significant move poised to bolster asset tokenisation within the financial sector, the Monetary Authority of Singapore (MAS) recently unveiled a multifaceted initiative focusing on establishing a robust framework for digital assets. This advancement aims to improve infrastructure limitations and enhance liquidity, addressing key barriers that have hindered the widespread adoption of tokenisation across […]
British Pension Fund Invests 3% of Assets in Bitcoin
In a groundbreaking move, a British pension fund has made headlines by allocating 3% of its £50 million assets directly into Bitcoin. Spearheaded by pension specialist Cartwright, this investment marks the first of its kind in the UK, distinguishing itself from common trends of investing in Bitcoin-linked exchange-traded funds (ETFs). This decision comes after extensive […]
Central Bank of Norway Decides on CBDC by 2025
In a world increasingly moving towards digital finance, central banks are taking steps to adapt. Norway stands at a pivotal point in this transition, given its status as one of Europe’s most cashless societies. The Central Bank of Norway, known as Norges Bank, is poised to make a significant decision regarding the introduction of a […]