South Korea's Financial Services Commission (FSC) has approved a pilot program involving seven local banks to explore the application of central bank digital currencies (CBDCs) and deposit tokens in digital financial services. In a press release published today, November...
Worldwide Stablecoin Payment Network (WSPN) has announced a strategic partnership with Viction, a global Layer-1 blockchain project, and crypto exchange Ninety-Eight (formerly known as Coin98), to drive the adoption of its Worldwide USD (WUSD) stablecoin, particularly in emerging markets....
A consortium of cryptocurrency and traditional finance companies, including Robinhood, Galaxy Digital, Kraken, and Paxos, has been established to back the latter's newest stablecoin offering, the Global Dollar (USDG). According to a statement released on November 5 by Paxos,...
In an exclusive interview with Mario Nawfal on X, MicroStrategy CEO Michael Saylor shared his perspective on Bitcoin’s recent price rally and the factors driving Wall Street’s deepening interest. Saylor highlighted that Bitcoin is increasingly seen as “digital gold,”...
The TRON DAO has announced a strategic partnership with Chainlink through the Chainlink SCALE program. As part of this partnership, TRON will integrate Chainlink's decentralized Data Feeds across its blockchain, replacing its current oracle provider, WINkLink. This move is...
Central Bank Digital Currencies (CBDCs) have become a major point of interest worldwide. As digital versions of national currencies, they hold the promise to revolutionize payment systems, making transactions faster, cheaper, and more accessible. They could even play a...
1inch, a leading DEX aggregator, has teamed up with the Bruce Lee Family Company to launch the "Take Crypto SeriousLee" campaign to reshape public perception of cryptocurrency. In an exclusive interview with Cointelegraph, 1inch co-founder Sergej Kunz explained that...
Small Russian banks are encountering significant financial hurdles in joining the country's central bank digital currency (CBDC) platform, according to a recent report by local media outlet, Kommersant. The report claimed that the integration costs, ranging from ₽120 million...
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...
