Former Binance execs launch MiCA-compliant euro stablecoin
Expected to launch in the coming weeks, Schuman’s new euro-backed stablecoin labels 107 countries as “high-risk.”
Related Posts
New York judge nods $12.7B settlement between FTX, Alameda and CFTC
United States District Judge Peter Castel has officially signed off on a settlement between FTX and the commodities regulator, meaning $12.7 billion will be paid back to FTX creditors.
Nasdaq-Powered Security Token Exchange Shutters to Pursue Merger
Just nine months after its launch, the Nasdaq-powered digital trading platform DX.Exchange is temporarily shutting down as it pursues a merger or outright sale.The Estonia-based platform made the announcement on Nov. 3, informing users that “the costs of providing the required level of security, support and technology is not economically feasible on our own.”Users asked…
MEW, WIF and Solana memecoins soar amid increasing network activity
Memecoins in the Solana ecosystem continue to outperform the wider crypto market by generating double-digit weekly gains.
Judge Rules in Favor of Canadian Bank in Dispute With Crypto Exchange
A $19.6 million disputed sum between Canada’s largest crypto exchange QuadrigaCX and the Canadian Imperial Bank of Commerce (CIBC) has been handed into the custody of the Ontario Superior Court, per a court document filed Nov. 9.On Oct. 8, Canadian newspaper the Globe and Mail reported that Vancouver-based QuadrigaCX had been experiencing difficulties accessing $16.3…
Top-5 Cryptos This Week: Bitcoin (BTC), XTZ, LEO, XRP, BSV
The total crypto market capitalization slumped from close to $238 billion on Nov. 18 to a low of about $189 billion on Nov. 22. That is a drop of just over 20% within four days. However, despite the sharp fall in prices, the Bitcoin miners remain unfazed as the hash rate on Nov. 23 was…
DeFi enforcement sparks dissenting opinion from CFTC commissioner
The commissioner advocates public and stakeholder engagement through rulemaking, not just enforcement. 129 Total views 3 Total shares Commodity Futures Trading Commission (CFTC) Commissioner, Commissioner Summer K. Mersinger, has said that he is concerned that the United States CFTC is considering enforcement actions related to decentralized finance (DeFi) protocols rather than engaging with the public.In
Top 50 Canadian Co-op Streamlines Supply Chain with Blockchain Tech
Federated Co-operatives Limited, or FCL, one of Canada’s 50-largest companies, has partnered with blockchain-based supply chain middleware platform, Morpheus.Network.FCL plans to integrate distributed ledger technology, or DLT, based tracking. This will be deployed across its diverse supply chain, encompassing 1,400 businesses across Western Canada and employs over 23,000 workers.Major Canadian co-operative embraces blockchainThe firms have…
RUNE rally: A closer look at THORChain’s new synthetic assets
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent price action is even leading the entire crypto market in the first quarter of 2021. Its mainnet launch, which was originally slated last year, is one of the main factors that led to…