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Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia
8.6.2025
Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by Bolivians. USDT Used to Establish Prices in Bolivia...
Report: Colombia Running CBDC Pilot on Cosmos
22.5.2025
According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto...
De-Dollarization Watch: Bolivia to Launch Digital Currency to Tackle Cross-Border Payments
8.5.2025
Edwin Rojas Ulo, president of the Central Bank of Bolivia, stated that the institution is currently consulting with international organizations regarding the design of a currency referred to as the “virtual boliviano,” which would facilitate international settlements. Central Bank...
Emerging markets need boutique market-making to reach their full potential
16.4.2025
Opinion by: Mārtiņš Beņķītis, co-founder and CEO of Gravity TeamAs crypto adoption plateaus in some developed nations, emerging markets have led the charge for adoption. Southeast Asia, Africa and Latin America have become rapid growth centers, with new activity...
UAE Central Bank Approves Web3 Insurance Solutions
16.4.2025
The United Arab Emirates Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. Closing the Insurance Gap The United Arab Emirates (UAE) Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. The approved...
MANTRA Unveils $108M Fund to Boost Blockchain Projects
9.4.2025
MANTRA Chain has launched the a $108.8 million investment fund to support high-potential blockchain projects focused on real-world asset tokenization. Blockchain Revolutionizes Finance MANTRA Chain has announced the launch of the MANTRA Ecosystem Fund (MEF), a $108.8 million investment initiative...
Kazakhstan, UAE Seek to Boost Digital Asset Cooperation
3.4.2025
Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan’s financial sector recently visited the United Arab Emirates (UAE)...
UAE Central Bank Reveals Digital Dirham Symbol, Targets Late 2025 Launch
28.3.2025
The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress in its Digital Dirham initiative, unveiling...
DFSA Promotes Tokenization With New Regulatory Initiative
20.3.2025
The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services Authority (DFSA) has announced the launch of...
Dollar-Strapped Bolivia to Rely on Cryptocurrency for Energy Imports
13.3.2025
Bolivia has integrated a crypto-powered system to pay for fuel imports through its state-owned company YPFB, as it is facing a shortage of dollars and a reduction in its dollar-denominated foreign reserves. Bolivia Builds Crypto System to Pay for Fuel Imports Crypto is becoming relevant for...
Bitcoin Purchases Confined: IMF Approves $1.4 Billion Credit Facility for El Salvador
28.2.2025
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.4 Billion...
Indonesia Introduces Bullion Banking to Stabilize Foreign Exchange
28.2.2025
The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s foreign exchange.” Indonesia Launches...
Ethereum Co-Founder Vitalik Buterin Praises Argentina: Community ‘Full of Amazing Builders’
23.2.2025
Vitalik Buterin has praised the strength and dedication of Argentina’s Ethereum community. In the wake of Libra’s downfall, Buterin remarked that the push by Argentines towards blockchain and crypto technologies was “real”. Ethereum Co-Founder Vitalik Buterin Highlights...
Tether Discusses 70-Story Skyscraper Construction in El Salvador: ‘It Is the Country of the Future’
2.2.2025
Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether Opens up on 70-Story Skyscraper Construction in...
Argentina Designs Forensic Protocols to Fight Crypto Crime
2.2.2025
Argentina has designed and established identification and forensic protocols to guide security and police forces in standardizing their actions to fight crypto crime. Argentina Establishes Forensic, Identification, and Seizing Protocols for Crypto Crimes Argentina has taken another step toward...
El Salvador Complies With IMF Requirements: Bitcoin Legal Tender Status Withdrawn
31.1.2025
Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in a credit facility. El Salvador Passes Bitcoin...
Bitso Launches Stablecoin Startup Accelerator ‘The Push’
30.1.2025
Bitso, the Latam-focused cryptocurrency exchange, has launched a stablecoin startup accelerator program. ‘The Push’ will support five stablecoin projects based in or planning to establish themselves in Latam, providing each with $250K to capitalize on the growing popularity...
Argentina and Mexico Among Top Nations for Crypto Adoption
26.1.2025
Argentina and Mexico are among the nations with the highest levels of crypto adoption in the world, according to the latest report issued by Chainalysis. Sebastian Reyes, Chief Analytics Officer of Vita Wallet, believes this is due to the economic instability of these nations. Argentina’s...
Tether Group to Establish Headquarters in El Salvador in Emerging Markets Push
13.1.2025
The stablecoin behemoth is setting up shop for the group and its companies in the nascent crypto hub
Agora’s Nick van Eck Is All-In on Stablecoins
7.1.2025
The man behind AUSD is a true believer in the critical role that stablecoins can play in emerging markets