EU’s new ‘DORA’ rules come into effect: What does it mean for crypto?
Europe’s Digital Operational Resilience Act now applies to crypto businesses, expanding MiCA’s scope and requiring firms to enhance cybersecurity and risk management. Go to Source
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Crypto advocate Tom Emmer named vice chair of crypto and AI subcommittee
“With Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that the future of digital assets is guided by Americans,” said Emmer. Go to Source
Rumble to Launch Offices in El Salvador and Initiate Local Hiring
Rumble, a video distribution and cloud services company, is preparing to start operations in El Salvador. Chris Pavlovski, CEO of Rumble, disclosed that the company is in the process of launching offices in the country and that it was evaluating the specific location of these. “We are looking for local talent to implement cloud solutions … Read more
Galaxy Digital hires veteran hedge fund executive as new CFO
Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role. Go to Source
Australian Fintech Report: Blockchain and Crypto Sector Contracts Amid Global Shift to AI
A recent KPMG report shows a 14% decline in the number of active firms in Australia’s blockchain and cryptocurrency sector in 2024. M&A and Investment Activity Subdued in 2024 According to a recently released KPMG report, the number of active firms in Australia’s blockchain and cryptocurrency sector dropped from 85 to 74. This translates to … Read more
Trump taps billionaire fintech CEO with SpaceX ties to head NASA
Jared Isaacman comes with deep fintech experience and a working relationship with Elon Musk and SpaceX. Go to Source
Nigerian Crypto Exchange Bitmama Halts Virtual Mastercard Services
Nigerian crypto exchange platform, Bitmama, has temporarily halted its virtual Mastercard services due to unforeseen issues with its provider. This move follows a trend of fintechs in Africa facing challenges with card services, including fluctuating exchange rates, chargeback fraud, and insufficient funds. While some fintechs blame provider issues, others cite high costs and limited revenue … Read more
Bolivia Becomes a Hotbed After Lifting Crypto Blanket Ban
The Central Bank of Bolivia shared numbers that show the country’s crypto activity is overheating. According to the institution’s data, purchase and sales operations for crypto assets grew over 100% after the bank lifted a blanket ban on crypto operations earlier this year. Bolivia Heats up With Crypto Adoption, Over 252,000 Hold Digital Assets Bolivia, … Read more
The stablecoin showdown
The stablecoin market is heating up, but the future remains uncertain. Will one stablecoin dominate, or will multiple players coexist in a diverse ecosystem? Go to Source
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong. Go to Source
