Day: 30 April 2025

Miami, Florida, 30th April 2025, Chainwire

FIFA is stepping further into Web3 territory with the announcement of its proprietary blockchain network designed to support its digital collectibles ecosystem.  The global football governing body revealed on April 29 that it will be launching the “FIFA Blockchain,” an Ethereum Virtual Machine (EVM)-compatible network set to enhance scalability, performance, ...

Dutch neobank Bunq, the second-largest in the European Union, is making a major move into the crypto market through a new partnership with leading exchange Kraken. Serving over 17 million users across Europe, the fintech firm is launching "Bunq Crypto," a trading platform that will initially debut in six countries: ...

Eric Trump has issued a stark warning to the traditional financial sector, saying banks could become obsolete within ten years if they fail to embrace blockchain technology. During a recent stop in Dubai, the executive vice president of the Trump Organization criticized legacy financial systems as outdated, overpriced, and built ...

BNB Chain kicked off 2025 with impressive financial and on-chain results, despite facing a nearly 15% drop in market capitalization. According to Messari's latest report, the network’s revenue in Q1 surged by 58.1% from the previous quarter, reaching $70.8 million. This remarkable growth was primarily driven by a 122.6% spike ...

The UK government has unveiled a 27-page draft legislation aimed at bringing cryptocurrency activities under formal financial regulation for the first time. This move seeks to foster innovation while protecting consumers by extending existing financial rules to digital assets like stablecoins, crypto exchanges, and custodial services. The proposed regulations require ...

SoFi Technologies, a leading U.S. fintech company, is making significant strides to re-enter the cryptocurrency market following a pivotal regulatory development. The move comes after SoFi successfully navigated compliance challenges that had previously forced the company to scale back its crypto offerings. SoFi entered the crypto space in 2019, allowing ...

Circle, the issuer of the popular USD-backed stablecoin USDC, has announced a strategic partnership with Onafriq, Africa’s largest payments gateway, to pilot stablecoin-based settlements across the continent. This collaboration aims to significantly reduce the high costs and inefficiencies associated with cross-border payments in Africa. Currently, more than 80% of intra-African ...

The United Arab Emirates (UAE) has officially approved Circle, the issuer of the popular USD Coin (USDC) stablecoin, as a licensed money services provider. This regulatory greenlight comes from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the UAE’s leading international financial center. Circle’s new license ...

Broxus, a major contributor to The Open Network (TON) ecosystem, has introduced a new platform dubbed TON Factory to empower developers building decentralized exchanges (DEXs), blockchain-based games, and other high-throughput applications. Announced on April 30 via Telegram, TON Factory is designed to fast-track development and scalability through a suite of ...