BTG Pactual, the investment bank Major in Latin America, just recently announced that it would launch its own stablecoin called BTG Dol. The bank has issued an official statement (1) indicating that the stablecoin will operate on the Polygon network and is currently available to customers. The blockchain network that the bank has decided to … Read more
An intriguing new development is that the Celo Foundation has partnered with Google Cloud services. The purpose of this partnership is to encourage initiatives inside the Celo blockchain ecosystem and advance the mass adoption of Google Cloud services. As a result of this partnership, startup owners who choose to build their products on Celo will … Read more
The SEC has announced a series of education programs that will focus on underrepresented groups and others. However, the SEC has also emphasized that competitors should be trained to take prudence while using cryptocurrency. In a statement made (1) on April 3, the Securities and Exchange Commission (SEC) stated that it would communicate to communities like high … Read more
The payment service provider Alchemy Pay, headquartered in Singapore, has taken its efforts to expand a step further. According to a news release, Alchemy Pay raised $10 million in venture funds, resulting in a valuation of $400 million for the company. (1) The Alchemy Pay Company Is Interested in Growing Its Business For what … Read more
Irene Zhao, a prominent figure in the cryptocurrency space, is credited with launching a new social platform on web3 called So-Col (Social Collectibles), which just announced receiving $4.5 million in fresh funding throughout two rounds. According to statements (1) made by DWF on Tuesday, the web3 investment firm was the sole sponsor of the most … Read more
The European Banking Federation (EBF) has just produced a report in which it discusses its perspectives on the digital euro as well as those of the digital money ecosystem in Europe as a whole. The report, published (1) on the 28th of March, examined the digital euro from the perspective of stability and privacy, both … Read more
The European Union (EU) is about to approve a fresh set of anti-money laundering (AML) legislation, which may put some major limits on transactions involving the cryptocurrency market if they are enacted as written. Recent clarifications (1) provided by Damien Carême, a French senator affiliated with the Green party, indicate that the new limits will … Read more
Trade in cryptocurrencies Coinbase has been hard at work on a number of important projects, one of which is the development of inflation-pegged flatcoins that will be built on its recently released Layer-2 network Base. Flat coins are one of the four most important developments that Coinbase believes (1) will shape the future of cryptocurrency. … Read more
Nasdaq, an exchange operator in the business for 52 years, has recently been considering moving into the cryptocurrency market. The company is currently striving to provide cryptocurrency trading and custodian services to its customers. To begin providing cryptocurrency custodial services to its customers, Nasdaq is currently waiting for approval from the NYDFS by the end … Read more
The Economic Affairs Committee of the French National Assembly met on Wednesday to discuss marketing and promotions in France relating to cryptocurrencies that were made by celebrities on social media. It was decided that such practices should be made illegal in order to safeguard consumers from any potential dangers they may face. The amendment to … Read more