Dubai recognizes USDC, EURC as first stablecoins under token regime
The Dubai Financial Services Authority has recognized the first stablecoins under its crypto token regime: USDC and EURC.
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Bitcoin inactive supply nears record as over 60% of BTC stays unspent for at least 1 year
Only two times before has the proportion of available supply been so overwhelmingly stationary in its wallet. 381 Total views 3 Total shares Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling.Data from on-chain analytics firm Glassnode shows that despite price volatility, over…

Regulatory clarity for crypto would take 3 to 5 years, FTX CEO says
FTX CEO Sam Bankman-Fried expects governments to have a clearer stance in the next three to five years and wishes to become a part of the discussions with the regulators “to build out this regime.” 393 Total views 4 Total shares Running a successful crypto business requires close attention to the cloud of regulatory changes…

New Zealand’s Financial Authority Blacklists Three Local Crypto Platforms
The Financial Markets Authority (FMA) of New Zealand has added three new crypto-related websites to its list of online scams, an announcement by the FMA reveals Thursday, Nov. 1.On Nov. 1, the FMA listed three companies — Crypto Gain, Russ Horn, and Zend Trade — on its “scam” list, where citizens are warned about the…

French central bank looks at certification, incorporation as part of DeFi regulation
The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions. 344 Total views 10 Total shares Own this piece of history Collect this article as an NFTThe Banque de France has contributed to the discussion of European crypto asset regulation with a close examination of decentralized…

Bahamas Central Bank Announces Key Tech Providers for Upcoming Digital Currency Pilot
The Central Bank of the Bahamas has announced its key collaborators for the development of a digital fiat currency system in the island country, according to an official document released on March 1.Called “Project Sand Dollar,” the new initiative intends to provide equal access to digital payments capabilities, reducing cash transactions and service delivery costs.…

Italian Banking Association Further Tests Interbank Blockchain System Powered by R3 Corda
The Italian Banking Association (ABI) is now testing a blockchain interbank solution based on blockchain consortium R3’s open-source distributed ledger platform Corda, fintech news outlet FinExtra reports on Wednesday, Feb. 13.The ABI states that the platform has been developed together with its technical partners — R3, Japanese IT firm NTT Data and Italian ICT company…

Dairy Queen opens NFT pop-up store in China
The pop-up nonfungible token store, co-sponsored by Weirdo Ghost Gang, will run until the end of the year. 264 Total views 2 Total shares Dairy Queen is partnering with local nonfungible token project Weirdo Ghost Gang (WGG) to create a pop-up NFT store in Chengdu, China.According to a press release seen by Cointelegraph, the “Ice

Shanghai includes Metaverse in its development plan
Shanghai's five-year plan calls for the use of metaverse in public services, business offices, entertainment and industrial manufacturing, among others. 278 Total views 4 Total shares Shanghai, China's most crowded city, is looking for ways to use metaverse in public services over the next five years.Shanghai Municipal Commission of Economy and Information Technology's five-year development…