Cambodia may not grab the headlines as a blockchain hub, but the Southeast Asian nation has been quietly growing its blockchain-based payments system for five years. New rules have now been issued that describe how the banks can manage stablecoins…
TLDR Trump vows to block all US CBDC development, in line with his campaign pledge against government control of digital currency Bipartisan support is growing for private stablecoin regulation with several bills in Congress The new White House crypto council…
In recent years, there has been much talk about whether the BRICS could pose a serious challenge to US global financial dominance and the status of US dollar as world reserve currency. Although some are quick to dismiss the BRICS…
Earlier this month, South KoreaThe financial regulator indicated it was considering introducing new rules that would allow institutions to hold digital assets. The sector welcomed the news as it would add liquidity and further legitimize the industry. But that one…
Italian lawmaker Marcello Coppo urges banking foundations to invest in Bitcoin, suggesting small allocations from their income Italy’s largest bank, Intesa Sanpaolo, recently bought 11 Bitcoins worth about $1 million Bitcoin is currently trading at $104,000 as of January 2025…
TLDR Bank of England launches Digital Pound Lab in 2025 to test CBDC capacity through hands-on experiments No final decision made on digital pound implementation; earliest possible launch in the second half of the decade The project focuses on public-private…
When I first heard about it decentralized finance (DeFi), I was very skeptical. But as the years have rolled on and I’ve learned more, I now believe that, done right, it has revolutionary potential with hugely beneficial implications for financial…
Singapore-based multinational bank OCBC has announced a solution for companies looking to diversify their assets using blockchain technology. Web 3-based solution implies tokenizing company assets and eventually sell them to accredited investors in the ecosystem, according to local reports. OCBC’s…
Global CBDC development is going strong – and proto-digital currencies are being used to “help” some of the most vulnerable people on the planet. While some populist politicians are shouting down CBDCs, there is a strong movement against their implementation.…
TLDR Sygnum Bank Raises $58M in Oversubscribed Strategic Growth Round, Reaches $1B+ Valuation, Achieves Unicorn Status Bitcoin-focused VC firm Fulgur Ventures led the funding as a cornerstone investor, with participation from new and existing investors The bank plans to expand…
