Historic: Bolivia to Integrate Stablecoins Into Its Banking System, Use Them as Legal Tender

The Economy Minister of Bolivia, Jose Gabriel Espinoza, stated that cryptocurrency would be added to the country’s financial services, making the nation one of the first to adopt the alternative crypto system within traditional banks. Espinoza stated this was part of a wider modernization push. Economy Minister: Bolivia to Pioneer Cryptocurrency Banking Adoption The Facts … Read more

Saudi Arabia Launches National Blockchain Infrastructure for Real Estate Tokenization

Saudi Arabia’s Real Estate Registry has unveiled a national-scale blockchain infrastructure for real estate registration, fractionalization, and transactions. From Registry to Digital Marketplace Saudi Arabia’s Real Estate Registry (RER), under the supervision of the Real Estate General Authority (REGA), has unveiled a national‑scale blockchain infrastructure dedicated to real estate registration, fractionalization, and marketplace integration. Officials … Read more

Latam Stocks Outperform S&P 500: Analyst Claims Region Is ‘Open for Business’

According to Crescat Capital’s Macro Strategist Otavio Costa, Latin America might offer an alternative for U.S. investors as it is currently on the brink of a structural transformation, with Argentina and El Salvador leading the charge of a region-wide change. Latam Stocks Surpass S&P 500 Index: The Region Is ‘Open for Business’ The Facts Even … Read more

BEEAH Partners With Hashgraph Group to Launch Decentralized Digital Identity Platform

BEEAH Group has partnered with the Hashgraph Group to launch a decentralized digital identity platform built on Hedera’s distributed ledger technology. New Platform to Streamline Ecosystem Access A United Arab Emirates (UAE) conglomerate, BEEAH Group, has teamed up with the Swiss-based Web3 firm The Hashgraph Group (THG) to introduce decentralized digital identity (DID) solutions. Known … Read more

Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation

Stablecoin adoption has grown in Venezuela as the government tightens controls to impose the official dollar exchange rate on businesses, which is much lower than the value of dollar-pegged tokens in P2P markets such as Binance. Stablecoin Usage Grows as Businesses Try to Stay Afloat in Venezuela Stablecoins have become useful tools in distressed economies … Read more

Nasdaq-Listed DeFi Technologies Sets Up Shop in Dubai to Tap MENA’s Crypto Boom

DeFi Technologies Inc, a Nasdaq-listed fintech firm, is expanding into the GCC and MENA regions to capitalize on the rising institutional demand for digital assets across the Middle East. Expanding DeFi Technologies’ Global Footprint DeFi Technologies Inc, a Nasdaq-listed financial technology company, has announced a significant expansion into the GCC and MENA regions. The company … Read more

Report: Colombia Running CBDC Pilot on Cosmos

According to Maghnus Mareneck, co-CEO of Interchain Labs, the Colombian government will be testing a still-unannounced CBDC on the Cosmos network. Colombia aims to target cross-border payments with this new CBDC, which has just emerged from stealth with this announcement. Colombia Hops Onto the CBDC Bandwagon With Stealth CBDC Pilot Colombia would be the latest … Read more

De-Dollarization Watch: Bolivia to Launch Digital Currency to Tackle Cross-Border Payments

Edwin Rojas Ulo, president of the Central Bank of Bolivia, stated that the institution is currently consulting with international organizations regarding the design of a currency referred to as the “virtual boliviano,” which would facilitate international settlements. Central Bank of Bolivia to Launch Digital Currency With International Settlements in Mind Bolivia, which initially banned the … Read more