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Franklin Templeton Enables USDC Conversions on Benji Investments Platform
6.6.2024
Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens....
Unstoppable Domains to apply for ‘.blockchain’ domain registration
6.6.2024
Unstoppable Domains and Blockchain.com partner to launch the .blockchain Web3 domain to enhance Web3 adoption with a user-friendly, low-cost digital identity solution
Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
6.6.2024
The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets...
New law grants US president power to block digital asset access
6.6.2024
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users
McDonald’s metaverse debuts in Singapore
6.6.2024
McDonald’s Singapore launches the ‘My Happy Place’ metaverse, letting locals build virtual burgers, play multiplayer games, and earn rewards
39% of Family Offices Investing or Exploring Cryptocurrencies: BNY Mellon
6.6.2024
The 2024 BNY Mellon Wealth Management Study reveals a divided perspective among family offices regarding cryptocurrency investments. Approximately 39% of the surveyed family offices are either actively investing in cryptocurrencies or considering them, highlighting a keen interest in this modern...
Ripple President Says SEC on ‘Warpath’ With Crypto Industry
6.6.2024
The president of Ripple Labs has criticized the U.S. Securities and Exchange Commission (SEC)’s approach to regulating the crypto sector, emphasizing that the regulator is on a “warpath” with the industry. She highlighted the inefficiency of the current approach, stating:...
Paxos International to issue regulated interest-paying stablecoin
5.6.2024
The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States
Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter
5.6.2024
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May
SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate
5.6.2024
U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed...
Coinbase rolls out smart wallet with no gas fees and easy onboarding
5.6.2024
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto
Coinbase rolls out smart wallet with no gas fees and easy onboarding
5.6.2024
Coinbase customers can look forward to a cheaper, easier experience when they buy, sell or trade crypto
Coinbase Launches ‘Smart Wallets’ in Bid to Simplify Crypto Onboarding
5.6.2024
Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onboard over one billion users through simplified, gasless transactions...
Galaxy Digital loans multimillions against tokenized Stradivarius violin
5.6.2024
The co-founder of Animoca Brands purchased the violin at an auction for over 9 million dollars. According to the Animoca cofounder, it is just the beginning of a journey for Empress Caterina and special real-world assets. The Vice President of Galaxy Digital said that tokenization of physical...
Become a Bali crypto digital nomad like me: Here’s how
5.6.2024
Since the start of the year, I’ve been living in a cheap island paradise as a Bali crypto digital nomad. Here’s how you can too
UAE central bank approves licensing system for stablecoins
5.6.2024
KARM Legal Consultants founder Kokila Alagh said that the regulations clarify the issuance, licensing and supervision of AED-backed payment tokens
Private firms to join global central bank CBDC project
5.6.2024
As Project mBridge enters its MVP phase, BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform's potential
Tether announces strategic investment and launch of XAU1 stablecoin
5.6.2024
Tether invests $18.75 million in XREX Group and launches XAU1 stablecoin to enhance cross-border B2B payments and regulatory technology
US political change could expose crypto to $20T industry: Bitwise
5.6.2024
Regulatory uncertainty is holding back the $20 trillion dollar financial advisory industry from investing more in crypto, claims Bitwise investment head Matt Hougan
Germans split on digital euro, most don’t know what it is: Survey
5.6.2024
Most Germans have never heard of the digital euro and some who knew of it thought it was a cryptocurrency, a central bank survey found