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Ferrari Starts Accepting Crypto Payments for Luxury Sports Cars
15.10.2023
Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford...
G20 Calls for ‘Swift and Coordinated Implementation’ of IMF Crypto Roadmap
15.10.2023
The G20 finance ministers and central bank governors have adopted the roadmap on crypto assets proposed by the International Monetary Fund (IMF) and the Financial Stability Board (FSB). “We call for swift and coordinated implementation of the G20 Roadmap,” the finance chiefs announced...
BOND Token Soars After BarnBridge Votes to ‘Comply’ With SEC
14.10.2023
Fluent Finance Partners With UAE to Develop Deposit Token Tech
14.10.2023
Fluent Finance, a US-based startup that aims to bridge banking and Web3, has announced that it will partner with the Ministry of Economy of the United Arab Emirates (UAE) to develop deposit token-based tech. The company, which takes advantage of the Nextgen FDI growth program, will open operations...
Mastercard Demonstrates New Solution for CBDC Tokenization
14.10.2023
Mastercard says its new solution that enables central bank digital currencies (CBDCs) to be tokenized or wrapped onto different blockchains provides consumers with “a new option to participate in commerce across multiple blockchains with increased security and ease.” A Mastercard...
China Opens Digital Yuan Park in Shenzhen
14.10.2023
Shenzhen has become home to an industrial park established to promote China’s central bank digital currency (CBDC). Several financial companies are already settling there, the Chinese megacity announced while unveiling almost a dozen initiatives to boost the digital yuan use in the region. Shenzhen...
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers
13.10.2023
On October 6, 2023, Thorswap halted its services temporarily. However, the platform recently declared its return to full operation with some notable modifications. An array of approximately twelve countries are now barred from utilizing Thorswap, while the decentralized exchange (dex)...
European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
13.10.2023
EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range
Bitcoin Wallet Maker Finances 3D-Printed Gun Documentary
13.10.2023
Privacy stalwart Samourai Wallet is an executive producer of "Death Athletic," a forthcoming film about ghost-gun firebrand Cody Wilson
Tether Promotes Paolo Ardoino to CEO
13.10.2023
Paolo Ardoino appointed new CEO at Tether
Frax Finance's Fed Yield-Matching Staking Vault Attracts $30M, FXS Steady
13.10.2023
Early Thursday, Frax unveiled sFRAX staking vault, allowing users to take advantage of higher interest rates in the U.S
Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports
13.10.2023
Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...
G20 Finance Leaders Release Joint Communique Adopting Crypto Regulation Roadmap
13.10.2023
G20 Finance Ministers and Central Bank Governors have issued a joint communique in Marrakech, Morocco announcing unanimous adoption of a comprehensive roadmap aimed at regulating crypto assets.
The joint communique was released during the fourth and final G20 FMCB meeting under India’s...
JPMorgan’s Tokenized Collateral Network Facilitates Blackrock-Barclays Trade
13.10.2023
Banking giant JPMorgan Chase has debuted its blockchain-based collateral settlement system. Blackrock became the first client to use JPMorgan’s Tokenized Collateral Network (TCN). The world’s largest asset manager used the system to convert shares in one of its money market funds into digital...
Trezor Unveils New Hardware Wallets, Corrosion-Resistant 'Keep Metal' for Recovery
12.10.2023
Trezor has produced a hardware wallet with a stripped-back design to appeal to less experienced crypto users, alongside two other new products
Crypto for Advisors: Advisors Pivot to On-Chain Support
12.10.2023
How can advisors support client interest in digital assets? Thanks to Miguel Kudry from L1 Advisors for taking us through examples in today’s Crypto for Advisors newsletter
U.S. September CPI Rises 0.4%, Outpacing Forecasts; Bitcoin Slips Further
12.10.2023
The latest read on U.S. inflation
USDR Issuer to Salvage Failed Property-Backed Stablecoin’s Assets, ‘Make Users Whole’
12.10.2023
A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn
DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here's What Happened
12.10.2023
Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million.
In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited.
Following the alert...
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers
12.10.2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament, seek to align...