Egorov explained that centralized stablecoins are backed by real-world assets, such as cash reserves and U.S. Treasury bills, which are held in traditional financial institutions. While this backing offers stability,…
If the details of IMF’s reforms are anything to go by, bitcoin (BTC) would have been robbed of its legal tender status in El Salvador. However, BTC will remain a…
Patricia initially planned the repayment of affected subscribers to begin in November 2023 in partnership with DLM Trustees. However, in an unanticipated turn of events, DLM Trustees, whom Patriicia contracted…
Specifically for the United Kingdom, Google said beginning 15 January 202515, it would require advertisers offering crypto-related products and services targeting the country to register with the UK’s Financial Conduct…
he meeting between Marszalek and Trump, which focused primarily on crafting a clearer regulatory framework for the US crypto industry, invariably yielded positive results. Discussions reportedly centered on Trump’s pro-crypto…
The fine was a consequence of the operator’s unlawful issuance of a margin trading product that included a credit facility to over 1,100 customers. The product allowed users to borrow…
Nigeria’s Economic and Financial Crimes Commission (EFCC) announced on 12 December 2024 that a Federal Capital Territory (FCT) High Court has convicted one Praise Humphrey Igbo (alias Jessica Allen) for…
Ethena launched USDtb in partnership with Securitize, serving as a traditional stablecoin with a distinct risk profile compared to its derivative-based USDe token. Ethena’s Risk Committee approved USDtb as a…
by Jude Ayua
Remote, a leading global human resources platform and payroll provider, has partnered with Stripe to facilitate stablecoin payments for international contract workers. Remote announced the partnership on 17…
by Ndianabasi Tom
Binance, the world’s largest cryptocurrency exchange, has recorded a staggering $23.67 billion in net inflows so far in 2024, according to data from DefiLlama. This massive inflow highlights…