In a strategic move to bolster its influence in the Canadian cryptocurrency market, Coinbase has introduced a new feature designed to streamline funding and withdrawal processes for local users. Through a strategic partnership with Peoples Trust Company, Coinbase...
Hut 8 Mining Corp. has announced that it has received an "interim order" from a Canadian court to proceed with its planned merger with US Bitcoin Corporation. The company announced this development in a press release on August...
The Canadian Central Bank has indicated that the prospects for widespread adoption of a central bank digital currency (CBDC) in daily transactions are currently limited because of the country' mature payment ecosystem. In a Staff Discussion Paper released...
The Reserve Bank of Zimbabwe (RBZ) has announced that it is finalizing its plans to introduce Gold-Backed Digital Tokens for everyday transactions. In his presentation of the Mid-Term Monetary Policy Statement (MPS) on August 9, 2023, John Panonesta...
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has put forth an innovative proposal to enhance India's payment ecosystem. The plan involves integrating an AI-powered conversational payment system into the country's unified payments interface (UPI)....
The United States Securities Exchange Commission has made moves to appeal the recent ruling in its lawsuit against Ripple. In a letter addressed to Judge Analisa Torres on August 9, 2023, the SEC contended that the court's decisions...
Russia's Central Bank has announced that the anticipated pilot testing program for its central bank digital currency (CBDC), known as the digital ruble, is set to kick off on August 15, 2023. According to the Bank, this testing...
Alchemy Pay has announced a partnership with the Decentralized USD (USDD) team in another move to bolster its off-ramp services. The partnership, announced on August 8, 2023, will see Alchemy Pay integrate USDD into its Ramp platform, thus...
Brazil's central Bank, Banco Central do Brasil (BCB), announced on August 7, 2023, that their digital currency (CBDC) will now be called "Drex" instead of "Real Digital." According to the Central Bank’s official statement, the name "Drex" is...
Curve Finance has announced a bounty of $1.85 million for anyone who can aid in identifying the mastermind behind the protocol's recent exploit, which resulted in the loss of digital assets worth over $70 million from the protocol's...
