Michael J. Hsu talked about stablecoins. He discussed three main factors: stability, interoperability, and separability. On April 8, Michael J. Hsu, the acting comptroller of the currency discussed stablecoins at the Institute of International Economic Law at Georgetown University Law…
US Congressional to accept donations in Bitcoin. He says that digital currencies are the future and America is all for it. Robby Starbuck, who is running for the US Congress has announced today that he will accept donations in Bitcoin.…
Key Takeaways: Cash App will now allow Lighting Payments transactions. It was announced during the Bitcoin presentation. This feature will facilitate users in many ways. In February, Cash App integrated Lighting Networking payments for its users and also processed small…
Key Takeaways: The Central Bank of Nigeria (CBN) fines 4 banks for failing to adhere to its orders. The banks did not close accounts that were transacting in crypto. On Wednesday, Bloomberg reported that four banks in Nigeria including Stanbic…
On April 6, Coin Metrics announced that it has raised $35 million in Series C funding which was led by Acrew Capital and BNY Mellon including other investors like Cboe Global Markets and Brevan Howard Digital. The aim of raising…
Key Takeaways: Litecoin Foundation partners with Antpool to establish LTC Labs. LTC Labs will be managed by a “distributed autonomous organization”. AntPool will fund the project. On April 5, the Litecoin Foundation, a non-profit organization, announced its partnership with Antpool,…
Key Takeaways: Singapore imposes new laws on crypto. The Monetary Authority will decide which individuals are fit to perform important financial duties. Financial institutions will now have to pay more taxes. In the volatile market of digital currencies, the risks…
Yesterday, the news of Twitter taking the next step with integrating Ethereum NFTs on the platform was circling the internet. And today, Elon Musk revealed that he had acquired a 9.2% stake in Twitter. Since then, the share price of…
Key Takeaways: Oklahoma is considering tax incentives for crypto miners of the state. A bill has been proposed by the state senator and the state representative. The aim is to reduce expenses in mining. Oklahoma is one of the many…
Key Takeaways: Reddit has integrated NFTs in its platform. The company also reportedly auctioned four of them for a total of $1.6 million. It is safe to say that the early stage to test the functioning of NFT integration on…
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