The Innovation Center of the Bank for International Settlements (BIS) announced the development of a set of projects focused on crypto payments, among which a cryptocurrency market intelligence platform and security of central banks digital currencies (CBDC) for retail.
With the execution of the…
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StableCoins
Euro-pegged stablecoins grow in popularity
The cryptographic system goes much further than Bitcoin (BTC) and Ethereum (ETH), which bring together thousands of tokens of a different nature. Among which stand out the stablecoins, cryptocurrencies that are quoted anchored to a fiat…
Japan passes stablecoins bill
The Parliament of Japan passed a law that aims to clarify the legal status of stablecoins, now naming them as digital money.
This proposal plans to go beyond any measure previously established in any country in the world, in terms of…
UK ratifies plans to regulate stablecoins
The UK Treasury Department ratified its decision to continue with plans to regulate stablecoins under the Money Markets and Services Bill, after last week's collapse as stablecoin terrausd (UST) lost their peg with the US dollar, and after…
Investors sue Coinbase for trading GYEN
Cryptocurrency exchange Coinbase Global Inc. was sued for its role in promoting and marketing a stablecoin called GYEN, which allegedly had its value pegged to the Japanese yen and caused investors to lose millions of dollars.
The lawsuit…
Gucci will accept cryptocurrency payments in its stores
The Italian brand Gucci announced that it will soon accept payments with cryptocurrencies in all its stores in the United States.
The company's goal is to gradually bring the acceptance of this payment method to all its stores in North…
Lightning Network will allow the issuance and transfer of cryptocurrencies
Taro is the new update of the Lightning Network, designed by CTO Olaoluwa Osuntokun, which allows all its participants to issue and transfer assets on the Bitcoin blockchain, including stablecoins globally, at a very low cost and Almost…
Rio de Janeiro will accept cryptocurrencies to pay taxes
As of 2023, the metropolis of Rio de Janeiro will accept cryptocurrencies for the payment of the Tax on Urban and Territorial Property (IPTU), as announced by the Secretary of Economic Development, Innovation and Simplification of Rio de…
The United States could launch its digital currency by 2030
The Central Bank of the United States considers that it is quite likely that the country will be able to launch its own cryptocurrency or CBDC between 2025 and 2030. This was reported by the representatives of the financial center Alkesh…
Hong Kong Monetary Authority to oversee crypto issuance
The Hong Kong Monetary Authority (HKMA) announced that it will oversee stablecoin issuance and reserve management within the industry.
In a recently published document, the body gave its point of view on what the regulation of industries…
US Congress to hold public hearing on cryptocurrency regulation
The Joint Economic Committee of the United States Congress will hold a hearing with to discuss the regulation of cryptocurrencies. The meeting will be chaired by the Chairman of the Committee, Donald Beyer, who presented a bill in July that…
SeSocio announces the launch of its NFTs marketplace
SeSocio, an Argentine online investment platform, authorized the first version of its e-commerce website so that users can trade non-fungible tokens, better known as NFTs. These collectible assets have become highly profitable products and…