IMF staff propose REDI framework to catalyze CBDC adoption

Speaking at the NFT.NYC 2023, United States congressman Byron Donalds hurled criticism at recent crypto regulatory initiatives. 225 Total views 8 Total shares Own this piece of history Collect this article as an NFTUnited States Congressman Byron Donalds criticized the country's regulatory agencies on April 12 at the NFT.NYC 2023 conference in New York. According…

The new coin is named after a god in Irish mythology and will go by the ticker symbol EURL. 1250 Total views 8 Total shares Groupe Casino, a 120-year-old retail company headquartered in France, will reportedly be launching a stablecoin pegged to the Euro.According to journalist Grégory Raymond, the French retail giant will be launching…

Bitcoin (BTC) has been on a tear, rising more than 10% this week. This shows that traders are urgently scrambling to buy Bitcoin as they anticipate the price to rally further. CoinShares data shows that investors have pumped in more than $1.44 billion into Bitcoin investment products in the past ten weeks.The expectation is that

The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies. 195 Total views 10 Total shares The United States Federal Deposit Insurance Corporation, or FDIC, has issued an advisory informing the public it “does not insure assets issued by non-bank…

Crypto markets have recorded a notable rise, surging $700 billion, or 58%, over the past 21 days. 1112 Total views 30 Total shares The cryptocurrency market has continued a solid bullish trend in early August, with the total market capitalization nearing $2 trillion.According to data from crypto data aggregator CoinGecko, the total crypto market cap…

American lawmakers and regulators continue to compete in their creative efforts to propose anything but comprehensive game rules for the crypto industry. Senators Edward Markey and Richard Blumenthal have penned a letter asking Meta CEO Mark Zuckerberg to deny young adults access to the firm’s metaverse platform. According to the two lawmakers, allowing teenagers between 13…

The global blockchain supply chain market is expected to reach over $9 billion by 2025, according to a study published by market research and consulting firm Allied Market Research (AMR) on July 8.AMR estimates that the global blockchain supply chain market will amount to $9.85 billion by 2025, showing an 80.2% surge of the compound…

With a possible billion-dollar nonfungible token drop and a high-powered, multiproject collaboration in the works, the Ethereum ecosystem may finally be ready to compete with NFT-centric blockchain Flow. In a press release today, Ethereum software developer ConsenSys announced Palm, an environmentally friendly NFT scaling solution. Palm will be a sidechain designed to be “fully connected” to…

Yearn Finance (YFI) launched just a month ago and since then the yield aggregating platform’s total value locked has climbed to $611 million.In the last three days, YFI price climbed to $12,800, a nearly 330% rally since the price bottomed at $3,005 on Aug. 13.Three key factors appear to be behind YFI’s recent rally: the…