Norway's central bank, Norges Bank, is expected to make a pivotal decision regarding the implementation of a central bank digital currency (CBDC) by next year, according to Deputy Central Bank Governor Pål Longva. In an interview with Bloomberg on...
Stablecoins have rapidly become a fundamental part of Africa’s cryptocurrency landscape, accounting for 43% of the region’s total transaction volume, according to a report by Chainalysis. Dollar-pegged Tether (USDT) and USD Coin (USDC) are the most popular on the...
India is reportedly weighing a potential ban on private cryptocurrencies such as Bitcoin and Ether, while pushing for the widespread use of the digital rupee, the country's Central Bank Digital Currency (CBDC). According to a report by local news...
After a lengthy spell of research and public consultations that began in 2017, the Bank of Canada has decided to discontinue its efforts to create a digital version of the Canadian dollar. This decision comes even as the central...
Over the past three years, East Asia has strengthened its role as a major hub in the global crypto and stablecoin market. The region is home to five of the world's top 50 crypto adopters—South Korea, China, Japan, Hong...
In a company notice dated October 16, Metaplanet announced its repurchase of 223 put option contracts valued at $62,000 from Singapore-based digital asset trading firm QCP Capital, reversing a previous sale of the same contracts. Metaplanet initially sold these...
Web3 gaming represented more than 26% of on-chain activity in Q3, driven by 4.4 million daily active wallets—a 21% rise in unique daily wallets compared to the previous quarter, according to a new report from DappRadar. The Ronin Network...
Ripple has officially announced its exchange partners for the launch of its new dollar-backed stablecoin, Ripple USD (RLUSD). Among the platforms supporting the stablecoin are notable cryptocurrency exchanges and services such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA,...
BlackRock CEO Larry Fink revealed that the asset management giant now views Bitcoin as a digital alternative to gold, marking a significant shift in the firm’s stance on cryptocurrency. Fink's comments, made during an earnings call, highlight BlackRock’s evolving...
The NFT sector is set to benefit from the Ethereum Layer 2 network, as Mint Blockchain has been awarded a grant from Optimism Governance during the 28th cycle of its grant program. On October 15, Mint Blockchain announced in...
