The largest city in China, Shanghai, has released a framework for a five-year development plan on blockchain infrastructure. The plan, covering the years 2023 to 2025,...
According to Eric Balchunas, a senior ETF analyst at Bloomberg, six companies, including Volatility Shares, Bitwise, Roundhill, VanEck, Proshares, and Grayscale, are currently applying for Ethereum...
In a groundbreaking move, Starbucks unveiled its latest venture into the world of blockchain and NFTs with the introduction of the Starbucks Green Apron Collection. This...
Amid the recent hack and exploitation of Curve finance, a decentralized finance (DeFi) protocol, a good-willed hacker has magnanimously recovered around 2,879 Ether for the exploited...
Animaco Brand, a metaverse firm focused on advancing digital property ownership, has signed a $30 million rela with hi, a Web3 financial super app and ecosystem....
US Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) sent a letter to Apple CEO Tim Cook, expressing concerns about the company’s App Store guidelines and...
Peru issues a new decree to address concerns over cryptocurrency-related money laundering and terrorist financing. All crypto exchanges in the country must comply with anti-money laundering...
The Republic of Palau, in collaboration with Ripple, is making significant strides in the realm of stablecoins as the Phase One pilot of their groundbreaking project...
Namibia’s crypto industry achieved a major breakthrough as the government officially enacted the Namibia Virtual Assets Act 2023, on July 25, 2023, signaling a significant step...
South Korean banks are showing keen interest in Certificate of Deposit (CD) tokens as potential replacements for stablecoins. Industry sources revealed that Hana Bank plans to...
In June 2023, Deloitte, a leading audit firm, released a groundbreaking research report on the use of cryptocurrency in business. The research highlighted the benefits of...
The Federal Reserve has officially launched its highly anticipated new instant payment service, FedNow. This service is now available for banks and credit unions of all...
The Central Bank of Nigeria (CBN) has introduced a chip-enabled Near Field Communication (NFC) device for its digital currency, the eNaira, aiming to enhance accessibility and...
The Bank of China has announced a partnership with China Telecom and China Unicom to conduct a test of an innovative offline payment system for China’s...
In a recent speech, the governor of the Bank of England expressed that digital money will play a significant role in the future evolution of currencies....
The Middle East has proven to be an attractive spot for the development of Web3 technologies. For example, in Dubai alone, OKX, a crypto exchange, was...
During the WEF’s Annual Meeting of the New Champions in China, Professor Eswar Prasad, author of “The Future of Money: How the Digital Revolution Is Transforming...
Nigeria has emerged as a prominent player in the crypto market, with significant engagement and adoption by individuals. As the most populous African country, it has...
The Reserve Bank of New Zealand is ramping up monitoring of stablecoins and crypto assets, advocating for increased vigilance than regulation. In a statement released by...
