FSOC warns stablecoins remain a 'potential risk' to financial stability
In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.”
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Mastercard and Binance end crypto card partnership in Latin America: Report
Visa also reportedly stopped issuing new co-branded cryptocurrency cards with Binance in Europe as of July. 292 Total views 9 Total shares Global payment giant Mastercard is reportedly ending its cryptocurrency card partnership with Binance crypto exchange next month, according to a Bloomberg report. The report didn't divulge the reason for the change, but implied…

Nayib Bukele steps down as El Salvador’s President ahead of re-election bid
Acting President Claudia Rodríguez de Guevara, the first female head of state for El Salvador, took office on Dec. 1 and is expected to serve until June 2024. El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin (BTC) as legal tender in the country, has stepped down from office to campaign.On Dec. 1

Coinbase will drop law firms who hire anti-crypto former SEC staff — CEO
Coinbase CEO Brian Armstrong said the exchange stopped working with law firm Milbank after it hired former SEC official Gurbir Grewal.

Crypto Mining Becomes Less Profitable, Shifts Towards ‘Bigger Players,’ Report Shows
Bitcoin (BTC) miner revenues for the first six months of 2018 have already surpassed results in 2017, but the miners themselves see little profit, weekly crypto outlet Diar reports Monday, October 8.As per the Diar report, the rewards and fees for BTC miners have already reached $4.7 billion in the first three quarters of 2018,…

Nigerian state plans to tokenize real estate, boost revenue
The tokenization of real estate in Lagos State has the potential to transform the property market, making it more accessible to a wider range of investors.

Blockchain DEXs Onchain and Camelot part ways over IFO spat
"We urge @CamelotDEX delete any information related to @OnchainTrade from all of your platforms as soon as possible," wrote OnChain developers. 137 Total views 7 Total shares Own this piece of history Collect this article as an NFTIn a dispute that originated Feb. 22, decentralized exchanges (DEXs) Onchain Trade and Camelot terminated an agreement for…

NFTs record $8.8B sales volume in 2024 — CryptoSlam
December was the fifth-strongest month for NFTs in 2024, with sales volumes reaching $877 million.

DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.United States Federal Reserve chairman Jerome Powell has given his verdict on the evolution of the DeFi market, claiming there is a definite need for robust regulation before the nascent…