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Kyrgyzstan’s President Signs Law to Establish Central Bank Digital Currency ‘Digital Som’
18.4.2025
President Sadyr Japarov of Kyrgyzstan has signed a constitutional law on Thursday amending the existing law on the National Bank of the Kyrgyz Republic, which was approved by the parliament on March 20, 2025. The primary aim of this constitutional law is to initiate a pilot project for a prototype...
Grocery Giant SPAR Dips Toe Into Crypto Payments
18.4.2025
SPAR, a global grocery retailer with a significant presence including over 13,900 stores across 48 countries in Europe, Asia, Africa, and Australia, is reportedly testing cryptocurrency payments in Switzerland. A post on Linkedin indicated that a SPAR store in Zug, Switzerland, is accepting bitcoin...
Von der Leyen: Global Tensions and Tariffs Reshape World Order, Diminishing Western Influence
18.4.2025
European Commission President Ursula von der Leyen warns that global tensions, tariffs, and wars are reshaping the world order, with the West no longer holding its former influence. She highlights the U.S.-China power struggle and Putin’s ambitions as key disruptors, calling for the EU to take...
HTX Integrates Fireblocks Off-Exchange to Secure Institutional Trading
17.4.2025
HTX has integrated and launched Fireblocks Off-Exchange, a solution aimed at institutional trading. This integration enhances the platform’s security infrastructure and streamlines operations within a compliant framework. Fireblocks Off-Exchange enables institutions to securely trade digital assets...
Dollar Reined in After First Currency Control Free Week in Argentina
17.4.2025
The price of the U.S. dollar weakened during the first week after lifting the currency controls in Argentina, with the peso gaining ground and stabilizing at an exchange rate of 1,160 pesos per dollar. The rate, which is closer to the stronger side of the established fluctuation band, has spurred...
Trump’s Tariff Policy Threatens Dollar’s Safe Haven Status and Global Currency Dominance, Warns FX Strategist Wizman
17.4.2025
Recent data indicates a breakdown in the dollar’s traditional correlation with other markets, as investors seek refuge in currencies like the Swiss franc and Japanese yen, which have recently strengthened. Thierry Wizman, global FX and rates strategist at Macquarie Group, stated that...
Mike Novogratz’s Galaxy Ventures Fund Surpasses $150 Million Goal
17.4.2025
Mike Novogratz’s Galaxy Ventures Fund I LP has exceeded its initial fundraising goal of $150 million, with expectations to close between $175 million and $180 million by the end of June, according to a Bloomberg report. The fund, which focuses on early-stage startups with an emphasis on payments...
DWF Labs Unveils $25M Investment in Trump-Backed Liberty Financial and Plans for USD1 Stablecoin Liquidity
17.4.2025
Dubai-based DWF Labs has announced a strategic expansion into the United States with the opening of a new office in New York City, alongside a $25 million purchase of World Liberty Financial (WLFI) governance tokens. The investment in WLFI, a decentralized finance protocol backed by President...
Russia Eyes Own Stablecoins After USDT Blockage
17.4.2025
A senior official from Russia’s Finance Ministry has suggested that the country should develop its own stablecoins pegged to various currencies following the recent blocking of USDT stablecoin wallets linked to Russia. Dollar-pegged stablecoins have gained popularity for facilitating fund transfers...
OKX Officially Launches US Operations With New Exchange and Wallet
16.4.2025
OKX has officially announced its launch in the United States, introducing a centralized cryptocurrency exchange and the OKX Wallet, with its regional headquarters established in San Jose, California. Roshan Robert has been appointed as the US CEO, emphasizing the company’s commitment...
Check Point Partners With Fuse to Deploy Blockchain Firewall for Real-Time Threat Prevention
16.4.2025
Layer 2 payments blockchain Fuse has announced a partnership with Check Point Software Technologies Ltd. (NASDAQ: CHKP) to develop and deploy a real-time threat prevention security layer for its blockchain. This collaboration aims to secure smart contracts and wallets by identifying and mitigating...
Ethena Fined €600K by German Regulator and Ordered to Reverse USDe Token Issuance
16.4.2025
Ethena GmbH has been ordered by the German Federal Financial Supervisory Authority (BaFin) to wind up its business related to the issuance of its USDe tokens. BaFin revealed it found serious deficiencies in Ethena GmbH’s operations during the authorization procedure and imposed sanctions...
Ratings Agency Issues US Downgrade Warning as Trade War Could Boost Alternatives to the Dollar
16.4.2025
European rating agency Scope has issued a warning regarding a potential downgrade of the US sovereign credit rating due to uncertainty surrounding US trade policy. The agency outlines three possible scenarios for the credit outlook: a “tariff-light” approach, a full-scale trade war,...
JPMorgan Expands Kinexys Network to Include British Pound Accounts, Targeting Stablecoin Market Gaps
15.4.2025
JPMorgan added British pound-denominated accounts to its blockchain-based payments network, Kinexys, aiming to fill a gap left by the stablecoin market’s predominant focus on the U.S. dollar. Kinexys enables corporate clients to transfer funds between JPMorgan accounts and currently processes...
Avalon Labs Launches Institutional Layer on Bybit to Enhance Bitcoin Lending and Yield
15.4.2025
Avalon Labs has launched its institutional layer on Bybit, aimed at transforming bitcoin lending and yield opportunities within the centralized exchange ecosystem. This new feature allows bitcoin holders to access enhanced yield by leveraging Avalon’s fixed-rate institutional borrowing layer...
Xapo Bank Reports Record Bitcoin Trading Volume in Q1 2025
15.4.2025
Gibraltar-based Xapo Bank, a digital asset-friendly regulated bank, has announced that Bitcoin trading volume reached record highs in the first quarter of 2025, marking a 14.2% increase compared to the previous quarter. The surge in trading activity is attributed to strong Euro and USDC deposits...
Ethereum Drives Highest Daily Liquidations on Aave V3 Since February Amid Market Volatility
14.4.2025
This past week, Aave V3 on the Ethereum mainnet experienced its highest daily liquidations since early February, coinciding with significant market volatility. According to Galaxy Research, approximately $98.6 million in collateral was liquidated between April 6 and 7, following a similar trend...
JAN3 CEO Samson Mow: Adoption Is Accelerating, US Purchases to Ramp up This Year
14.4.2025
JAN3 CEO Samson Mow believes that the adoption process of bitcoin by nation-states is imminent, declaring that it might even start this year. At a recent podcast, Mow stated that the notion that bitcoin adoption could take 20 or 30 years was outdated. “If you look at everything that’s...
Metaplanet Acquires Additional 319 Bitcoin, Total Holdings Reach 4,525 Bitcoin
14.4.2025
Japan’s publicly listed bitcoin treasury company, Metaplanet Inc. (Tokyo Stock Exchange: 3350 / OTCQX: MTPLF), has announced the acquisition of an additional 319 bitcoin as part of its ongoing Bitcoin Treasury Operations, increasing its total bitcoin holdings to 4,525 BTC. The latest purchase...
Blockchain Surveillance Firm Elliptic Expands Coverage to Over 50 Chains
14.4.2025
Elliptic, a blockchain surveillance firm, has expanded its coverage to include over 50 blockchain networks, a move aimed at improving its ability to track and analyze digital asset transactions. This expansion follows data indicating that 33% of complex cross-chain investigations involve more than...