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Binance Reveals Strategy to Introduce Crypto to the Next Billion Users


Binance CEO Richard Teng has revealed the strategy the exchange will follow to regain its growth trajectory. Teng stated that the real objective is to attract outsiders to crypto, downplaying the recent decline of Binance in the exchange market. Binance Reveals ‘Compliance First’...

Palau Collaborates With Japan to Introduce Blockchain Savings Bonds


The government of Palau has taken a major step towards integrating blockchain technology into its economy with the launch of Palau Invest, a digital savings bond platform. This initiative, developed in collaboration with Japan, offers citizens a unique opportunity to invest in national...

Circle Partners With Sony to Introduce USDC on Soneium


Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent...

Philippines Plans to Introduce Wholesale CBDC by 2029


Bangko Sentral ng Pilipinas (BSP) plans to introduce its wholesale central bank digital currency (CBDC) by 2029. The Philippine central bank’s CBDC initiative is near its proof-of-concept completion. “This is an innovative payment instrument,” said the BSP deputy governor....

Ethereum to Introduce Extensive Pectra Upgrade in Q1 2025


The Ethereum network is set to undergo one of its most extensive upgrades named Pectra, which will integrate the EVM Object Format (EOF) and introduce Vitalik Buterin’s proposed EIP-7702, allowing Ethereum account addresses to act as smart contract wallets temporarily during transactions....

New York Stock Exchange to Launch Bitcoin Options Products


The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance. The post New York Stock Exchange to Launch Bitcoin Options Products appeared first on Cryptonews

State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds


On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany's traditional banking institutions' adoption of blockchain technology. The post State-owned German Bank Set...

SOLWealth to introduce Solana Spot ETF in response to surging demand


A fresh wave of excitement could be hitting the world of cryptocurrencies with what may be the first-ever Solana spot exchange-traded fund (ETF) in North America. SOLWealth, a Canadian federal corporation that wants to take advantage of investor confidence in digital assets since Bitcoin ETFs were...

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