Despite Circle’s USDC establishing a declining market share, the stablecoin issuer has expanded to the Polkadot network. In a Tuesday,
Category: Stablecoins
Oprah and The Rock Gathering Crypto and Fiat Donations for Maui Wildfire Victims
At the end of last month, the Hawaiian communities neighboring the Maui Island were swept by wildfires, that resulted to
KuCoin Report Says Half of the Turkish Investors Owns Crypto Assets
As inflation continues to bite, Turkey has witnessed tremendous growth in crypto adoption. A recent survey by KuCoin indicated that
BIS Says Crypto Assets Increases Financial Risks on Emerging Markets
In a recent publication, the Bank for International Settlements (BIS) stated that as the adoption of crypto assets continues to
Omanis Regulators Seeks Public Comment on Virtual Asset Regulatory Framework
In a recent report, the financial regulators in Oman published the “consultation paper for virtual assets regulatory framework.” The report
Palau Launches USD-Backed Stablecoin Pilot Testing
An announcement conveyed by the government of Palau revealed that the regulatory agencies had been granted legal authority to proceed
Korean Banks Explores Certificate of Deposit Token as CBDC and Stablecoin Alternative
In a recent update, private commercial banks in South Korea have teamed up to tokenize the depository services. The research
Nigerian Central Bank Introduces NFC Technology on CBDC for Convenient Payments
A news briefing featured on a media outlet, “The Sun,” revealed the central bank of Nigeria (CBN) has integrated the
US House Republicans Introduces New Bill on Crypto Oversight
On Thursday, July 20, the US House of Republicans introduced a new bill addressing the regulatory uncertainties in the crypto
South Korean Shinhan Bank Completes Second Phase of Stablecoin Remittance Pilot Test
On Tuesday, July 18, the South Korean Shinhan Bank announced the successful completion of the stablecoin proof-of-concept (PoC) pilot trial.