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China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume. Go to Source Powered by WPeMatico
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin asset tether and the exchange expects to complete the … Read more
Polygon-bridged cryptocurrencies like Ether, USDC, DAI and Wrapped Bitcoin are coming to BitPay later this week. Go to Source Powered by WPeMatico
The proposal is another ripple of recognition for the Bitcoin, crypto and digital assets industries in the United Kingdom. Go to Source Powered by WPeMatico
Crypto service providers should not provide any credit facility or accept payments from credit cards from their customers, the MAS suggested. Go to Source Powered by WPeMatico
The MakerDAO community will earn a 1.5% reward on its USDC while holding funds with Coinbase Prime. Go to Source Powered by WPeMatico
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure. Go to Source Powered by WPeMatico
The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter. Go to Source Powered by WPeMatico
Checkout.com settled $1 billion in stablecoin transactions during its initial pilot phase of Payments Engine. Go to Source Powered by WPeMatico
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens and Stablecoins as Part of Project Aurum A collaboration between the BIS Innovation … Read more