Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
26.5.2023
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....
French lawmakers agree to loosen rules in proposed crypto influencer bill
26.5.2023
Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France
Microsoft urges lawmakers, companies to ‘step up’ with AI guardrails
26.5.2023
Microsoft President Brad Smith is the latest tech industry heavyweight to call for better risk management and regulation for artificial intelligence
Putin Rejects Russian Economic Collapse Predictions — Highlights Active BRICS, SCO Cooperation
26.5.2023
Russian President Vladimir Putin says Russia is actively cooperating with major international organizations, including the BRICS group, the Shanghai Cooperation Organization (SCO), the Association of Southeast Asian Nations (ASEAN), the Gulf Cooperation Council (GCC), and multilateral organizations...
S Korean Police Bust ‘Crypto Scammer’ Who ‘Preyed on Housewives and Office Workers’
26.5.2023
South Korean police have arrest a suspected crypto scammer who allegedly preyed on “housewives and office workers.”
According to the broadcaster SBS, officers in Gimpo, Gyeonggi Province, arrested a 38-year-old man.
He was handed over to prosecutors on fraud-related charges.
Officers claimed...
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
26.5.2023
The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively
Seven Central Banks Contemplate the Future of Retail CBDCs in Latest Report
26.5.2023
The Bank for International Settlements, which serves as a “bank for central banks,” released its latest paper examining retail central bank digital currencies, as its members “are approaching a point” as to whether or not they should move forward in their CBDC work.
Central banks representing...
First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations
26.5.2023
ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology
DCG’s Subsidiary TradeBlock Is Shutting Its Doors: Bloomberg News
26.5.2023
TradeBlock, an institutional investor focused subsidiary of Barry Silbert’s crypto conglomerate Digital Currency Group, is closing down, according to Bloomberg News.
“Due to the state of the broader economy and prolonged crypto winter, along with the challenging regulatory environment for digital...
IMF Foresees No ‘Rapid Shift’ in US Dollar Reserves Despite Rising De-Dollarization Trend
26.5.2023
The International Monetary Fund (IMF) does not expect a “rapid shift” in the U.S. dollar reserves despite a rising de-dollarization trend and a looming U.S. debt default. “Don’t kiss your dollars goodbye just yet,” said IMF Managing Director Kristalina Georgieva. The IMF chief does not expect...
Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express
26.5.2023
News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors
RGB protocol may offer solution to Bitcoin's Ordinals jam, claims proponent
26.5.2023
The founder of Digital Bitcoin Art and Assets (DIBA) believes smart contracts on Bitcoin could solve the myriad problems created by Ordinals