Category: Fintech
PayPal And Paxos Trust Partners, Launches PYUSD Stablecoin
PayPal has taken one step ahead to solidify its presence in the cryptocurrency industry. The company has announced the launch of its stablecoin, PayPal USD…
NFT Market Crashes, Loses $1.5 Billion, As Market Cut Royalties
There is rising tension between NFT creators and their traders following an ugly decline in the NFT market. Reports say that the recent market crash…
Developers Embrace Web3 Despite Decline In NFT Trading Volume: Alchemy Reports
In a recent report from Alchemy, data showed that many projects and application developers are trooping into the web3 ecosystem despite the fact that the…
Bakkt Seeks Expansion Outside The US Due to Unclear Regulation
American digital asset management platform Bakkt has indicated it is looking to spread its wings outside the US, citing lack of regulatory clarity in the…
SEC Executive Urged For Reserved Approach Towards Crypto Regulation
The latest report revealed that a Commissioner of SEC, Hester Peirce, has urged the United States government to take a reserved approach towards regulating the…
BIS Launches The Trailblazing Blueprint For The CBDC
A ground-breaking design for regulated cryptography-based central bank digital currencies (CBDCs) has been made public by the Bank for International Settlements (BIS). The Friday announcement…
Brazil Approves Top Crypto Exchange for CBDC Pilot
The Central Bank of Brazil has approve Mercado Bitcoin, the biggest crypto exchange in the country to participate in its central bank digital currency (CBDC)…
Bank Of England Assures Digital Pound Users Optimal Privacy Protection
The latest report revealed that the Bank of England does not intend to access users’ data registered with the proposed digital pound. Rather, banks and…
Elon Musk Reshuffles Legal Team Ahead Of $258B DOGE Lawsuit
Tesla CEO Elon Musk has changed his legal defense team ahead of the $258 billion lawsuit over his tweets about Dogecoin in what was tagged…
Russian Ministry Of Energy Advocates Legalization Of Cryptocurrency Mining
The latest report revealed that the Ministry of Energy in Russia is currently pushing for the legalization of cryptocurrency mining in the country. The policymakers…
