An official publication issued by the government of Russia revealed that President Vladimir Putin had green-lighted the bill on central bank digital currency (CBDC). The report illustrated that President Putin signed the bill into law on Monday, July 24. The presidential assent…
As Ripple triumphs over the partial win against the US Securities and Exchange Commission (SEC), the payment network plans to expand to the UK. In an exclusive interview with the DL News, Ripple’s managing director, Sendi Young, confirmed that the payment company…
Chainlink co-founder Sergey Nazarov says the company’s CCIP Protocol can potentially attract trillions of dollars from banks into the crypto industry. Speaking during an an interview at ethCC, he said the protocol is designed to do more than just connect public blockchains….
Cloudax, an innovative technology-driven ecosystem built for wholesome content creators and communities is launching a crypto peer-to-peer P2P) trading platform in Nigeria. The company is launching both a website and app for the platform at once. According to reports, the aim is…
Binance venture capital arm Binance Labs announced on Thursday, July 20, plans to invest $10 million in Radiant Capital. The announcement revealed that Binance Labs plans to support lending and borrowing services on the Radiant platform. The investment will be utilized in…
In an advanced report issued by the Bank of Russia, the market regulators confirmed that the testing for the central bank digital currency (CBDC), commonly known as the digital ruble, might start soon. On July 18, the regulators presented the bill before…
As account abstraction technology continues to gain popularity in bringing more people to the Ethereum network Vitalik Buterin has a different view. The inventor of Ethereum shared some of the problems encountered when integrating the account abstraction technology into the blockchain network….
On Monday, the Securities and Exchange Commission (SEC) acknowledged the recipient of the spot Bitcoin exchange-traded fund (ETF) filing from Valkyrie, an investment management firm based in Nashville. The submission came days after the SEC accepted the application of Bitcoin ETF from…
The Financial Conduct Authority (FCA) in the UK has announced a fresh crackdown on social media promotion of financial products. According to a press release on Monday 17 July, the financial watchdog said it will focus primarily on the use of memes…
The famous decentralized blockchain oracle Chainlink has rolled out a Cross-Chain Interoperability Protocol (CCIP) on its mainnet. The pronouncement conveyed by the Chainlink group on July 17 illustrated that the CCIP aims to support the development of applications and other services on…
The Financial Stability Board (FSB) has finalized a global regulatory framework for cryptocurrencies that will ensure coordinated regulation of the crypto industry. The board in a press release on Monday 17 July said the framework will promote the comprehensiveness and international consistency…
A recent report from CLabs, the team behind Celo, outlined a slew of good news revealing that the blockchain firm plans to return to the Ethereum network. The proposal inked to the Celo community illustrated that the CLabs blockchain would migrate from…
Regulatory authorities in Argentina have given approval for the first Bitcoin-based futures contract. The futures contract is already available for trading to qualified investors via the Matba Rofex trading platform. The approval was given by the Argentine financial markets regulator, the National…
Larry Fink, the chief executive of BlackRock, announced on Friday, July 14, the importance of cryptocurrency in democratizing global investing. The CEO stated that crypto assets have gained popularity among company investors. Speaking at an interview with CNBC Squawk, the CEO confessed…
The Indonesian Commodity Futures Trading Supervisory Agency (CFTRAT), commonly known as Bappebti, revealed plans to launch a national crypto exchange before the end of July. Speaking at the local newsroom Tempo, the CFTRAT confirmed that the proposed crypto exchange would be released…
A Southern District of New York Court delivered a partial victory to Ripple in its long battle against the US securities and exchange commission (SEC). RIpple has been in court since December 2020 as the SEC claimed that XRP was a security….
A court sitting in the Southern District of Florida has ordered crypto exchange Digitex to pay a $16 million fine for operating an unregistered crypto exchange. The court gave the order on account of charges by the US Commodities and Futures Trading…
The largest crypto exchange in the US by trading volume, Coinbase, announced on Wednesday, July 12, an upgrade on its digital wallet. The Coinbase team introduced an encrypted messaging feature on the wallet to facilitate users communication. The report revealed that Coinbase…
In a press release dated July 11, the New York-based blockchain development company Consensys launched an Ethereum layer-2 scaling solution dubbed Linea Network. The report revealed that the Linea network would support developers in creating their projects. Additionally, the developers building on…
The UK-based British multinational bank Standard Chartered forecast that Bitcoin (BTC) will break the $120 000 resistance level in Q4 of 2024. The Standard Chartered report demonstrated that the BTC price will increase by 300% from the $30 000 current reading. In…
