UAE’s ‘digital dirham’ CBDC pilot completes first transaction
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes. Go to Source
Bookmarking Crypto Insights
The United Arab Emirates’ central bank digital currency pilot has made its first transaction, reportedly completed in under two minutes. Go to Source
Bitwise’s spot Chainlink ETF has been placed on the DTCC’s registry, a signal that typically shows a product will launch in the near future. Go to Source
SoFi CEO Anthony Noto says the bank also plans to introduce a stablecoin called SoFi USD and views blockchain and crypto as a “super cycle technology.” Go to Source
Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday. Go to Source
Bank of England deputy governor Sarah Breeden has backed the central bank’s proposed rules for stablecoins, some of which the local crypto industry had criticized. Go to Source
Bitfinex says macro conditions signal consolidation, but others are optimistic that Bitcoin will gain as usual in November. Go to Source
Fortune reports that Coinbase’s $2 billion acquisition of BVNK fell through in the due diligence stage, the final stage before closing a deal. Go to Source
Analysts believe Bitcoin could be starting its Wave III expansion, and if it plays out according to previous instances, BTC could reach the $200,000 to $240,000 range. Go to Source
With the US government shutdown expected to end this week, the Senate Agriculture Committee scheduled a hearing to consider President Donald Trump’s pick to head the CFTC. Go to Source
The 2022 FTX bankruptcy pushed crypto toward greater transparency across exchanges and DeFi, yet some who lost funds in the crisis still haven’t been paid. Go to Source