Stablecoins and crypto are threatening fiat money dominance in Eastern Asia

Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto and stock trading. On the

Keep an eye on the latest ruling on Binance's CZ bail conditions, Elon Musk's AI arm, and a pro-blockchain bill in the U.S. Congress. by Editorial Staff 6 min December 9, 2023 Share Share Share Share Top Stories This Week Binance founder CZ must stay in US until sentencing, judge orders Binance founder Changpeng “CZ”

Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. 379 Total views 5 Total shares Mário Centeno, the governor of Banco de Portugal, joins a chorus of regulators claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of

This crypto winter wasn’t a very long one. Having briefly touched $34,000 in the second half of January, Bitcoin (BTC) is on its way up again, touching the $45,000 mark on Feb. 10. Many altcoins have been catching up as well and posting double-digit weekly returns. However, not all relief rallies were equally impressive. Is…

Saudi British Bank (SABB) has launched an instant cross-border transfer service powered by Ripple, according to a news release on April 25.The bank said the technology, unveiled at the Financial Sector Conference in Riyadh on April 24 and 25, formed part of its “strategic plan towards digital transformation and enriching customer experience.”According to SABB, it…

The Guangdong Municipal Taxation Bureau will implement an electronic invoice platform based on blockchain for the e-commerce industry, local Chinese news outlet Southern News Network reported on Feb. 18.Guangdong Province, one the most populated region in China, has opened the first blockchain electronic invoice service for customers and merchants, planning to extend their experience to…

With over 3,000% growth since the turn of the year, even a recent network outage couldn't stop Fantom's bullish surge. 1081 Total views 7 Total shares The decentralized smart contract platform Fantom (FTM) continued its resurgent rally to the tune of 32% on Monday, despite a temporary network outage that saw the blockchain stop producing…

The word “stablecoin” may have a pleasant ring to it — isn’t it nice to have something stable in the volatile cryptoverse? — but for critics, they are nothing short of a ticking time bomb. Whether that’s true or not, the push for regulating stablecoins is gaining momentum. The United States and the European Union…

“A more vital future” — Praxis is one step closer to building a crypto-powered city utopia, after a funding round from leading crypto VCs. 218 Total views 4 Total shares Peter Thiel-backed city-building startup Praxis has raised $15 million in Series A funding from a variety of crypto venture firms led by Paradigm Capital, Sam…