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Argentinian Government Advances the Creation of a National CBDC
30.4.2022
The Argentinian government has taken the first steps in the launch of its own central bank digital currency (CBDC). A new decree identified the number 207/2022 gives new faculties to the Argentinian mint to involve in the investigation, development, and issuance of digital currencies. This puts...
IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics
20.4.2022
The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
11.4.2022
The stablecoin economy has grown during the last month as the market capitalization is now only $10 billion away from reaching the $200 billion mark. While the largest stablecoin, by market valuation, tether (USDT) swelled by 3% during the last 30 days to $82 billion, terrausd (UST) has increased...
First Mover Americas: Ether's Net Issuance Points to Supply Squeeze Ahead; Waves Hits Record High
29.3.2022
The latest moves in crypto markets in context for March 29, 2022
Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible
23.3.2022
The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at...
Bank of Russia Allows Sberbank to Issue Digital Financial Assets
18.3.2022
Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market....
El Salvador’s Bitcoin Bond Issuance Apparently Delayed
18.3.2022
The country’s finance minister had previously suggested the bond sale could be launched as soon as this week
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Terra Protocol Reaches Maximum Issuance of UST Daily, LFG Foundation Steps In
7.3.2022
Terra, one of the top 10 cryptocurrency projects by market cap, has reached a UST-related milestone recently. The Luna Foundation Guard (LFG), a nonprofit organization, reported that the protocol had reached the maximum daily issuance of its flagship stablecoin, UST. This is due to high demand that...
Bank of Israel: Adoption of CBDC Will Not Materially Affect the Banking System
5.3.2022
Israel’s central bank says the public’s adoption of the digital shekel is not expected “to materially affect the banking system.” The bank, however, warns that any issuance of such digital currency will likely result in a decline of the volume of the public’s...
Rwanda May Not Reach Decision on CBDC Issuance Until End of 2022 — Central Bank Official
3.3.2022
The Rwandan central bank may not know whether it can issue a digital currency until December 2022, when it completes a study that looks at the benefits and risks that come with such a currency, the bank’s deputy governor has said. The Investigation Phase The deputy governor of the Rwandan...
‘Web3Memes’ Rugs $235K From Investors Five Hours After Issuance: PeckShield
23.2.2022
Developers behind the memecoin moved 625 binance coins in rugged funds via privacy tool Tornado Cash this morning
Stablecoin Economy Grows Close to 10% Larger in 54 Days — GUSD, BUSD, USDC Issuance Jumps
22.2.2022
At the end of December 2021, the stablecoin economy’s market valuation was around $168.3 billion and since then, it has increased 9.92% to $185 billion in value. A number of stablecoins have issued more assets during the last seven days, as some of the top dollar-pegged coins have swelled...
13 Years Ago Today, Satoshi Nakamoto Published the First Forum Post Introducing Bitcoin
11.2.2022
13 years ago today, the creator of the Bitcoin network, Satoshi Nakamoto published the inventor’s first forum post on the P2P Foundation website. The forum post called “Bitcoin open source implementation of P2P currency” introduced the e-cash system to the members of...
El Salvador Eyes Bitcoin Bond Issuance in March, Mulls BTC Loans for SMEs
9.2.2022
El Salvador could be set to unveil its much-talked-about bitcoin (BTC) bond offerings as early as next month – and could also unveil new bitcoin loan offerings for small and medium-sized enterprises (SMEs) and micro-industries.
The latest bonds development was unveiled by a key ally...
Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase
30.1.2022
Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last...
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
21.1.2022
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’...
Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum
15.1.2022
On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This...