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Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
9.7.2022
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will...
Bybit enters into settlement agreement with Ontario Securities Commission
23.6.2022
Bybit is currently holding listing discussions with the provincial regulator, and if the process fails, the firm will cease operations in Ontario
Revoland Holding IDO on EverStart
18.6.2022
PRESS RELEASE. EverStart, a DAO-controlled multi-chain launchpad built on the Everscale blockchain network and Revoland, a blockchain-based MOBA & Battle Royale video game, are partnering for an initial DEX offering. In the IDO, participants will be able to acquire REVO, a governance token...
Legal battle avoided after YGG and Merit Circle DAO agree to a deal
15.6.2022
The passing of an investment proposal brought into question a legal agreement between the organizations and the Merit Circle DAO agreed to a counterproposal that would ensure a settlement
Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets
12.6.2022
Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will first allow users to exchange USDC for cash and vice versa in certain markets...
Checkout.com launches 24/7 stablecoin settlement in partnership with Fireblocks
7.6.2022
Merchants can now accept payments made through USDC and convert the funds directly into fiat currency
Fireblocks Deepens Payments Push With Checkout.com USDC Settlement
7.6.2022
Merchants will be able to settle transactions through USDC with Fireblocks’ payment technology
JPMorgan trials blockchain for collateral settlement in after-hours trading
27.5.2022
“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice
Luna Foundation Purchases Another $5 Million in Bitcoin, LFG Wallet Holds 42,530 BTC
15.4.2022
The Luna Foundation Guard (LFG) purchased an additional 123.89 bitcoin on Friday worth close to $5 million at the time of settlement. Since mid-March, Terra’s LFG has been acquiring bitcoin on a regular basis and after the purchase on Friday morning, the non-profit organization...
Luna Foundation Buys 2,508 Bitcoin for $100 Million, Stash Is Only 495 BTC Away From Tesla’s Balance
13.4.2022
On April 13, Terra’s Luna Foundation Guard (LFG) acquired 2,508.94 bitcoin worth close to $100 million at the time of settlement. The purchase follows the 4,130 bitcoin LFG scooped up three days ago, and LFG’s wallet is now just over 495 bitcoin away from surpassing Tesla’s...
Terra’s Luna Foundation Scoops up 4,130 Bitcoin Worth $176 Million
10.4.2022
On Sunday, April 10, 2022, the Terra (LUNA) project and Luna Foundation Gaurd (LFG) acquired 4,130 bitcoin worth $176.1 million at the time of settlement. Using today’s bitcoin exchange rates, LFG now has a total of 39,897.98 bitcoin worth $1.7 billion. Luna Foundation Gaurd Obtains $176...
South Africa finishes technical PoC for wholesale CBDC settlement system
8.4.2022
The South African Reserve Bank stated further work would be undertaken to study the findings from the project and used to inform policy and regulatory responses to DLT and CBDCs
Luna Foundation Purchases 5,040 BTC, Terra Reserves Rise to 35,767 Bitcoin
6.4.2022
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during...
‘No Plan to Issue CBDC’ — Bank of Japan Governor
31.3.2022
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC...
Activision Blizzard Settles Sexual Harassment Lawsuit For $18 Million
29.3.2022
U.S. District Judge Dale Fischer approved a $18 million relief settlement with the Equal Employment Opportunity Commission today. This settlement comes months after Activision Blizzard originally agreed to settle with the EEOC on September 27, 2021. But those attempting to hold the game publisher...
Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for $564K
27.3.2022
The ‘Queen of Pop,’ Madonna has revealed she has “entered the metaverse” after she acquired the non-fungible token (NFT) collectible Bored Ape #4988. According to onchain data, Madonna’s Bored Ape #4988 was purchased for 180 ether or $564K at the time...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Ukraine Crypto Donations: Government Now Accepts Over 70 Crypto Assets
6.3.2022
Crypto payment processor Coingate and International Business Settlement (IBS) have started an arrangement with the National Bank of Ukraine (NBU) that enables well-wishers to send donations to Ukraine via more than 70 different crypto assets. Calls for Widening List of Accepted Crypto Donations...
Crypto Settlement Startup Zebec Gets $15 Million to Craft Programmable Cash Stream Payments
24.2.2022
The multi-signature treasury management and settlement startup Zebec has revealed the company has raised $15 million in order to bolster a continuous and programmable cash stream protocol on the Solana blockchain. Zebec says the company aims to be the “payment solution for DAOs, crypto...
Happy to be regulated? Fallout from BlockFi settlement is a matter of speculation
21.2.2022
The record-breaking $100-million fine could mark the dawn of a new era for crypto lending platforms