Bitcoin too volatile to be adopted as legal tender, says BoE chief
The Bank of England promotes CBDCs as a “revolution of money,” while Brits are not really willing to use it.
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European Council approves two digital asset proposals
A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union.
Crypto poses no big risk to economy so far, Bank of Canada official says
Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate.
WEF releases resource suite for CBDCs and stablecoins aimed at regulators and businesses leaders
The publication contains 8 separate white papers exploring topics including the impact of lawmakers regulating stablecoins and central bank digital currencies as well as informing them about the risks, benefits,…
Bitso and Circle work on crypto payments between Mexico and US
Bitso is also known as the core crypto service provider for El Salvador’s official Bitcoin wallet, launched in September.
Circle to invest in Japanese yen stablecoin as part of expansion to Asia
Circle's Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts.
USDC issuer Circle supports proposal to regulate stablecoin issuers as banks
"There's a real recognition that as these payment stablecoins grow, they could grow at internet scale relatively quickly," Circle CEO said.
Two firms account for the majority of Tether received: Report
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland.
Retail-focused Singaporean CBDC to hedge against privately issued stablecoins
The retail CBDC will be developed in partnership with private entities, which “would be the digital equivalent of today’s notes and coins.”
Stablecoin Valuations Continue to Swell, MIM and MUSD Market Caps Increase by Triple-Digits in 30 Days
In mid-October, the market capitalization of all the stablecoins in existence was $134 billion and during the last three weeks, the valuation has increased by 5.59% to $141.5 billion. While…
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