The United States territory of Puerto Rico is seeing a resurgence of interest among crypto investors attracted by the fact it doesn’t charge federal income […]
Bakkt shares skyrocket after partnering with Mastercard and Fiserv
The share price of the Intercontinental Exchange-backed crypto services company Bakkt (BKKT) has surged as it unveiled two partnerships with major global payments firms. Source: […]
OTC crypto shops flood Hong Kong, but regulations may impact their presence
Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For […]
US Treasury says it must 'modernize and adapt' to digital currencies
The United States Department of the Treasury has issued a review on sanctions and suggested the government do more to develop its infrastructure and policies […]
Japan will prioritize simplicity in CBDC design, says central bank executive
While Japan’s CBDC plans are still in the research stage, Shinichi Uchida, an executive of the Bank of Japan (BOJ) has said simplicity will drive […]
Mexico's president rules out accepting crypto as legal tender
President of Mexico Andrés Manuel López Obrador said the country was unlikely to follow in El Salvador’s footsteps by adopting cryptocurrencies like Bitcoin as legal […]
Digital Pound Foundation launches to promote CBDC development in the UK
The Digital Pound Foundation (DPF), a group of technology, innovation, and regulatory experts, has announced its launch as an independent non-profit organization in the U.K. […]
MoneyGram launches USDC settlement using the Stellar blockchain
Financial services company, MoneyGram International, has partnered with the Stellar Development Foundation to enable consumers to send money using Circle’s popular stablecoin, USD Coin (USDC) […]
IMF managing director: 110 countries are 'at some stage' of CBDC development
International Monetary Fund, or IMF, managing director Kristalina Georgieva said more than half of all central banks in the world are exploring how to launch […]
Chinese banks explore e-yuan for selling investment funds and insurance
Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and […]