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Fintech Provider Monei Kicks-Off EURM Stablecoin Pilot in Spain


Fintech firm, Monei has launched trials of the euro-backed stablecoin EURM in Spain in collaboration with major financial institutions in the country. In a recent press release, the company announced the commencement of tests under the supervision of the Bank of Spain’s Financial Sandbox. The tests...

What Influences Spot Ether ETF Approval?


After the buzz around Bitcoin spot ETFs, all eyes are on a possible Ethereum ETF. The SEC has already delayed decisions on applications from Grayscale and Blackrock. Meanwhile, Fidelity’s proposal, submitted in November, faces a crucial March deadline. But, what are the chances of these...

Doodles and G-shock Join in an NFT Collab + More Top 10 News


Over the past 24 hours, the non-fungible token (NFT) market sales volume has slightly decreased, less than 2%, to $35,310,744, with several big developments making NFT news rounds. Buyers are up 8%, sellers 3%, and transactions 9%, according to CryptoSlam. Most of the top 10 collections by sales...

Gate.io and D3 Partner to Apply for and Obtain ‘.Gate’ Top-Level Domain


Feb 2nd, Panama City – Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced its partnership with D3 Global, a next-gen domain name company developing interoperable digital identities, to apply for and obtain the ‘.gate’ Top-Level Domain (TLD) during...

Here’s How Useful AI Can Be for Web3 Applications


Blockchain and artificial intelligence (AI) together have the potential to boost each other, making the two fiels more exciting and diverse. A new report from TenSquared Capital highlights the ways AI can enhance speed and efficiency in the Web3 arena. Essentially, AI joining forces with Web3...

Monei Starts Conducting Euro Stablecoin Tests


European payment platform Monei has announced the start of the testing phase of EURM, a euro-pegged stablecoin, as part of the Bank of Spain’s national financial sandbox. The token will leverage Ethereum’s and Polygon’s blockchains, allowing each one of a reduced number of users...

30 Banks Participating in Russia’s Central Bank Digital Currency Pilot


The number of banks participating in Russia’s central bank digital currency pilot has increased to 30. Seventeen banks have signed an agreement with the Bank of Russia to participate in the digital ruble program. They will join 13 other banks, about 600 citizens, and 30 trading and service...

Three Arrows Co-Founders’ OPNX Exchange to Cease Operations


Crypto exchange OPNX launched by Three Arrows Capital co-founders has announced it will “officially cease operations and shut down in February 2024.” The exchange said in an email it will cease all operations on 14 February. OPNX is asking customers to settle positions before 7 February, 8 AM...

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