In this post: The global digital asset market printed green indexes all around as Bitcoin (BTC) regained the crucial $60,000 level. The return of bulls has helped the biggest crypto to surge by over 12% in the last 7 days, while bears’ estimates failed heavily. The cumulative crypto cap surged by more than 3% over […]
In this post: Tether is getting slammed again, by the same American consumer watchdog. This time, Consumers’ Research is tearing into the company for its lack of transparency regarding the dollar reserves backing USDT. It’s a huge problem. The stablecoin, supposedly pegged 1:1 to the US dollar, doesn’t have the receipts to back up that claim. […]
The EU’s Markets in Crypto-Assets (MiCA) framework and the approval of Bitcoin and Ethereum ETFs in the US in 2024 are shaping discussions at the 10th edition of the European Blockchain Convention BARCELONA, SPAIN – 2nd September 2024, 9am BST – In 2024, as major economies solidify regulations supporting blockchain’s institutional adoption, the 10th European […]
In this post: The UAE Central Bank has approved OneDegree, Asia’s licensed insurer for digital assets, and Dubai Insurance Company’s issuance of digital assets custodial risk insurance to their customers in UAE. Previously, OneDegree and Dubai Insurance partnered in 2023 and have supported many digital asset companies with their insurance needs. Custodial risk insurance completes […]
In this post: Recent data reportedly indicated that total Ethereum unfiltered on-chain transaction volume in August hit an all-time high of about $1.46 trillion. The data also highlighted that stablecoins transaction volumes have increased twice as much since the beginning of the year. Ethereum’s on-chain data indicated about $652 billion in stablecoin transaction volumes in […]
In this post: The North Carolina Senate enacted an anti-CBDC bill, overturning the governor’s veto. The newly passed bill sought to prevent the state from participating in any CBDC testing. The Federal Reserve had assured stakeholders that rolling out the new central bank digital currency would be done within the permitted frameworks after getting approval. […]
Recognising the crucial role of startups in today’s tech-driven world, SBC is launching StartupSphere—an initiative designed to connect startup founders with clients and potential investors—at the upcoming SBC Summit in Lisbon. As part of the StartupSphere, the SBC Summit will bring back the popular First Pitch Competition, where five startups compete for a prize fund […]
In this post: At a campaign rally in Wisconsin, former president Donald Trump announced that any country daring to ditch the US Dollar for trade would face a 100% tariff on their goods. In his opinion, the dollar has been “under major siege” for the past eight years. He’s looking to stop the de-dollarization movement, […]
In this post: The UK Financial Conduct Authority (FCA) only registered four out of 35 companies that applied for licensing in the country over the 12-month period ending March 31, 2024, representing an 87% failure rate. The regulator attributes the failure rate to firms’ weak anti-money laundering controls. In its annual report, the FCA claims its […]
