Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Seit damals, the coins market capitalization has been sliding lower as redemptions have become more prominent. inzwischen, a data researcher from Nansen has discovered that Binance,…

Experte prognostiziert drohenden wirtschaftlichen Zusammenbruch, da sich die BRICS-Staaten gegen den Dollar verbünden

Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russland, Indien, China, and South Africa, collectively known as BRICS nations—arecoalescing against the dollar.Schectman believes that since 2022, Entdollarisierung…

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as

Digitales Gold wird von der russischen Rosbank gegen digitale Rubel eingetauscht

Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, der Rubel. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble

Silvergate Capital Incurs Loss of $1 Billion in Q4 of 2022

Silvergate Capital Corporation, the parent firm of the crypto-focused bank Silvergate Bank, has attributed the $1 billion loss it incurred in the fourth quarter of 2022 to the confidence crisis that permeates the entire crypto ecosystem. While Silvergate has taken steps

Georgia bereitet den Start des Digital-Lari-Pilotprojekts im ersten Halbjahr vor 2023

Die Zentralbank Georgiens beabsichtigt, in den kommenden Monaten ein Dokument zu veröffentlichen, in dem das Konzept einer nationalen digitalen Währung detailliert beschrieben wird. Andere teilnehmende Parteien werden es nutzen, um ihre Vorschläge für das von der Währungsbehörde geplante Pilotprojekt fertigzustellen…

Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong

Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeksto provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s

UK Bank Starling Blocks Payments to Crypto Platforms — Claims Crypto Is High Risk, Heavily Used for Criminal Purposes

Starling Bank has informed its customers that the bank no longer supports fund transfers to cryptocurrency platforms, including crypto exchanges. The bank stated that cryptocurrenciesare high risk and heavily used for criminal purposes and, as such, we no longer support

Binance Launches Billion-Dollar Crypto Industry Recovery Fund to Restore Confidence After FTX Meltdown

Binance has committed $1 billion to a crypto industry recovery initiative to restore confidence following the collapse of crypto exchange FTX. Several other crypto companies have joined Binance’s efforts and committed capital for the recovery fund. Crypto Industry Recovery Initiative Launched