LIBRA loses $4 billion: Calls for regulation on politician-backed cryptocurrencies
The LIBRA token, endorsed by Argentine President Javier Milei, was one of the most followed cryptocurrency projects of the year but suffered a spectacular collapse, quickly wiping out $4 billion from its market capitalization. This was a project publicly supported by Milei, but shortly after its launch, investors faced extreme
Trump's Administration Seeks to Acquire as Much Bitcoin as Possible
In a statement that could shape the future of digital assets, Bo Hines, executive director of the Presidential Working Group on Digital Assets, confirmed that the Trump administration is committed to acquiring as much Bitcoin as possible. This decision, part of the broader trend toward government-backed cryptocurrency initiatives, highlights Bitcoin’
Russia Adopts Cryptocurrencies in Oil Trade to Bypass Sanctions
Russia is using cryptocurrencies in its oil trade with China and India to evade Western sanctions, according to sources cited by Reuters. Although Russia passed a law last year allowing the use of cryptocurrencies in international trade, this is the first reported case where Bitcoin, Ethereum, and stablecoins like Tether
Ripple becomes the first blockchain payments company licensed by the DFSA in the UAE
Ripple has become the first blockchain-based payments company to receive a license from the Dubai Financial Services Authority (DFSA), marking a significant milestone for crypto regulation. This is not just a victory for Ripple but also a strong signal that regulations are beginning to support the institutional adoption of cryptocurrencies.
Aave adds EURC on Base, providing a MiCA-compliant option for European users
Aave has launched EURC, a MiCA-compliant stablecoin, on the Base platform, providing European users with a regulated option for lending and collateral.
From now on, Aave users can integrate EURC into their asset portfolios, gaining access to a stablecoin that complies with European Union regulations and diversifies the European DeFi
MGX Abu Dhabi Invests $2 Billion in Binance
Binance, one of the largest cryptocurrency platforms in the world, has secured an impressive $2 billion investment from MGX, an investment firm established by the government of the United Arab Emirates. This significant amount is notable as it is entirely made in stablecoins and marks Binance’s first major institutional
Coinbase Prepares for Comeback in India After Two-Year Hiatus
After a temporary withdrawal due to strict regulations, Coinbase has obtained the necessary approval from India's Financial Intelligence Unit to resume operations in the Indian market. The company confirmed that it will relaunch its cryptocurrency trading services later this year.
India, with a rapidly growing blockchain development community,
The new era for Bank of America: Stablecoins in sight
After a long period of caution regarding cryptocurrencies, Bank of America is shifting its strategy and preparing to enter the stablecoin market, provided that U.S. regulations allow it. This move follows similar decisions by international banks such as Société Générale and Standard Chartered, which have launched stablecoins backed by
Stablecoin market cap hits new ATH of $226.8B
The stablecoin market has reached a new all-time high, with a total market capitalization of $226.8 billion.
Tether (USDT) remains the largest stablecoin, with a market value of $143 billion, accounting for 63% of the market. This is approximately three times the market capitalization of USD Coin (USDC), which
One of the largest banks in Spain is launching BTC and ETH trading services
BBVA, the second-largest bank in Spain, will launch a trading service for Bitcoin (BTC) and Ethereum (ETH) directly within its mobile app. Customers will be able to buy, sell, and manage these cryptocurrencies in a simple and secure way. This decision comes after the bank received all necessary approvals from