CoinspeakerBrazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX The DREX CBDC will utilize distributed ledger technology (DLT) for settling wholesale interbank transactions, and retail access will rely on tokenized bank deposits. Brazil Gives Name and Logo to Its Central Bank Digital Currency (CBDC) – DREX
Read More »Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
CoinspeakerBinance Traded USDC In for BTC and ETH Following Silvergate Collapse The exchange’s USDC balance was reduced from $3.4 billion on March 1 to $23.9 million by May 1. Binance Traded USDC In for BTC and ETH Following Silvergate Collapse
Read More »Singapore Grants Blockchain.com Major Payment Institution License
CoinspeakerSingapore Grants Blockchain.com Major Payment Institution License The new MPI license makes it possible for Blockchain.com to offer regulated digital payment token services to institutions and accredited investors. Singapore Grants Blockchain.com Major Payment Institution License
Read More »Bitstamp to Expand Derivatives Trading in Europe amid Fundraise
CoinspeakerBitstamp to Expand Derivatives Trading in Europe amid Fundraise Bitstamp is also looking to expand its operations in the UK after securing the FCA license earlier this year. Bitstamp to Expand Derivatives Trading in Europe amid Fundraise
Read More »Kenyan Authorities Raid Worldcoin Warehouse in Nairobi Following Last Week’s Suspension
CoinspeakerKenyan Authorities Raid Worldcoin Warehouse in Nairobi Following Last Week’s Suspension Worldcoin has lost its documents and machines in Nairobi to Kenyan police and other authorities in a recent raid. Kenyan Authorities Raid Worldcoin Warehouse in Nairobi Following Last Week’s Suspension
Read More »PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)
CoinspeakerPayPal Launches Its Native Stablecoin PayPal USD (PYUSD) PayPal assures its users that PYUSD is fully backed by USD, reserve with funds supporting the stablecoin, while addressing concerns about issuing unbacked tokens. PayPal Launches Its Native Stablecoin PayPal USD (PYUSD)
Read More »FBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers
CoinspeakerFBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers Crypto scammers are trapping gullible investors by creating replica websites and social media accounts of real-life projects. Later they ask the users to connect their wallets, and siphon off the funds. FBI Report: Crypto Scammers Hiding Beneath Mask of NFT Developers
Read More »Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally
CoinspeakerCrypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally Though subdued, it was a positive all-round performance for the crypto market in Q2 2023. Crypto-focused Companies Report Profit in Q2 2023 amid Crypto Market Rally
Read More »Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales
CoinspeakerBlock Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments. Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales
Read More »Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed
CoinspeakerCoinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed Coinbase is now full of confidence as they approach the court and inch closer to a final ruling. Coinbase to Submit New Court Filing Today as Exchange Seeks to Have SEC’s Case ‘Entirely’ Dismissed
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