Tether, the issuer of the world's largest stablecoin, USDT, has completed the reserve authentication process with renowned international accounting firm BDO. Tether today published BDO's assurance opinion, which shows a net profit of $700 million for the fourth...
The state-owned Corporation for the Development of the Far East has revealed plans to set up a crypto mining facility in Buryatia, an East Siberian republic and member of the Russian Federation. According to reports, the new mining...
Coinbase CEO Brian Armstrong has expressed concern about a potential ban on retail cryptocurrency staking in the United States. In a Twitter post on February 9, Armstrong stated that he had heard rumors that the US Securities and...
On February 7, the Sandbox, a prominent metaverse player, signed a memorandum of understanding (MOU) with the Saudi Arabian Digital Government Authority (DGA) during the Leap Tech Conference in Riyadh. The co-founder and COO of the Sandbox, Sebastien...
Gazprom, a leading government-owned gas firm in Russia, and its affiliate Gazprombank are openly discussing the possibility of providing additional time to traditional banks before introducing the country's central bank digital currency - the digital ruble. Due to...
In addition to launching a new project to track stablecoins, The Bank for International Settlements (BIS) has announced that it will increase its focus on testing Central Bank Digital Currencies (CBDCs) in 2023. The BIS, headquartered in Switzerland,...
The Bank of England (BoE) and HM Treasury have released a consultation document indicating the future need for a digital pound. The Bank of England will serve as the issuer of the digital pound, which can be used...
SupraFin USA, Inc. has announced the availability of its institutional-grade crypto risk scores and ratings to assist businesses dealing with cryptocurrencies in determining their risk level. According to the report, SupraFin's crypto risk rankings are comprehensive, as they...
Digital file-sharing service WeTransfer and Layer 1 blockchain platform Minima have partnered to introduce non-fungible tokens (NFTs) to the network. This will allow users to create NFTs from their smartphones through a secure peer-to-peer network, enabling the direct...
Digital Currency Group (DCG), backed by SoftBank, has begun selling shares in some of its most prized cryptocurrency funds at a substantial discount as part of its efforts to raise funds to repay over $3 billion to its...
