Cryptocurrency payments are expanding around the world. The US city of Detroit will soon offer its residents a PayPal-managed platform for paying taxes and other municipal fees in cryptocurrency. According to city officials, “this innovative payment option is part of a broader strategy by the city…
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US Congress to be the most crypto-friendly

The US Congress has 247 members in favor of cryptocurrencies, after the votes this Tuesday, November 5, which coincided with the presidential elections where Donald Trump was the winner. The 247 seats prevailed over 113 anti-crypto…

UBS launches tokenized fund on Ethereum

The world's largest private bank, UBS, based in Switzerland, has launched its first tokenized fund UBS USD Money Market Investment Fund Token (uMINT) on the Ethereum blockchain. According to the UBS statement published on Friday, November…

FTX to refund clients funds in full

Crypto exchange FTX will refund all of its digital assets to its customers after receiving court approval. Shareholders could also benefit from this decision. Customers will have access to all of their assets that were blocked when FTX…