US Bitcoin reserve would have ‘profound’ impact on adoption: CoinShares

The central bank of New Zealand has outlined the major benefits of CBDC designs based on blockchain technology. 78 Total views 1 Total shares The Reserve Bank of New Zealand (RBNZ) published an issue paper providing its perspective on central bank digital currencies (CBDC).The paper outlines CBDC purposes, designs, as well as the potential benefits and…

Toncoin’s price sharply declined following the news that Pavel Durov had been arrested, and future traders saw it as an opportunity, with open interest surging 32%.

The Financial Stability Board has warned that global stablecoins could pose systemic risks to the monetary systems of nation-states. 1225 Total views 22 Total shares The G20’s financial watchdog, the Financial Stability Board (FSB), has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra project.The FSB’s report offers regulatory recommendations…

Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law. Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation aimed at expanding authorities’ ability to target cryptocurrencies used for…

Securities regulators' down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules. 1978 Total views 14 Total shares The Australian Securities and Investments Commission has clarified its position regarding Bitcoin (BTC)-linked exchange-traded funds. According to a Feb. 12 report by the Australian Financial Review, the…

Venezuelan crypto exchange Criptolago has announced that it will launch a text message-based payment system that can process transactions in Venezuela’s oil-backed Petro (PTR) and other cryptocurrencies.The system may expose new segments of Venezuela’s population to cryptocurrencies amid the country’s ongoing hyperinflation crisis — with the value of the Venezuelan bolivar fluctuating by 1.58% in…

Filecoin has become the official storage partner of the Flow Blockchain, with the firm working to provide decentralized storage for NFTs minted on Dapper Lab's network. Filecoin has officially become the storage collaborator for the Flow Blockchain. Filecoin said in an Oct. 13 announcement that the move was a part of a push to ensure…

Investors include Aave Ventures, Kyber Network, Sino Global, CoinFund, Spartan and others. 1497 Total views 14 Total shares Delta Exchange, a cryptocurrency derivatives platform, has successfully concluded a $5 million private sale of its native Delta Exchange Token (DETO), setting the stage for wider adoption of its retail derivatives marketplace. Some well-known names in decentralized finance,…

The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10. 36 Total views 1 Total shares Bitcoin miner Bitdeer Technologies, a firm spun-off from prominent Bitcoin Application-Specific Integrated Circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in Q2 2023, up from a net loss of…