Blockchain News

ECB Approves Two-Track Plan to Use Central Bank Money for DLT Transactions

ECB Approves Two-Track Plan to Use Central Bank Money for DLT Transactions

Leave a Comment / Blockchain, Blockchain News, Ecb /

The European Central Bank (ECB) Governing Council, on Tuesday, approved a two-track plan that will utilise central bank money for distributed ledger technology (DLT) transactions. The first short-term track approach, dubbed “Pontes”, will connect DLT platforms with Eurosystem TARGET services, to be launched by 2026. The track will ensure the free flow of cash, securities […]

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Binance Keeps Remote Staff in Singapore Despite Crypto Licensing Crackdown: Report

Binance Keeps Remote Staff in Singapore Despite Crypto Licensing Crackdown: Report

Leave a Comment / Binance, Blockchain News, Singapore /

Binance reportedly plans to retain hundreds of remote workers in Singapore, even as the city-state moves to tighten rules on digital-asset firms offering services overseas without a license. The Monetary Authority of Singapore (MAS) has given crypto firms incorporated locally but targeting offshore markets until June 30 to either secure a license or halt operations.

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Peter Thiel, Tech Billionaires Back New Bank for Start-ups, Erebor, After SVB Collapse: Report

Peter Thiel, Tech Billionaires Back New Bank for Start-ups, Erebor, After SVB Collapse: Report

Leave a Comment / Banking, Blockchain News, Peter Theil /

Peter Thiel has joined a group of prominent tech billionaires backing a new US bank called Erebor, aimed at replacing the role once filled by Silicon Valley Bank, whose collapse in 2023 left a vacuum in financing for start-ups and crypto firms. The proposed bank is the brainchild of Palmer Luckey, founder of defence contractor

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SEC Issues New Crypto ETF Guidance — Here’s What Issuers Must Disclose

SEC Issues New Crypto ETF Guidance — Here’s What Issuers Must Disclose

Leave a Comment / Blockchain News, Crypto ETFs, SEC /

The US SEC is moving to streamline how token-based exchange-traded products are brought to market, offering clearer guidance for issuers navigating a space long marked by regulatory ambiguity. In a notice published on July 1, the SEC’s Division of Corporation Finance outlined what crypto ETF issuers must include in their filings. The guidance covers everything

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Underground Crypto Mining Farm Raided in St. Petersburg as ‘Crypto Trading Scam’ Sweeps Russia

Underground Crypto Mining Farm Raided in St. Petersburg as ‘Crypto Trading Scam’ Sweeps Russia

Leave a Comment / Blockchain News, Crypto Mining, Russia /

Russian police have shut down an illegal crypto mining farm operating in an industrial zone in St. Petersburg, as the internal affairs ministry has warned of a new crypto trading-themed scam. Per the media outlet RBC, officers in Russia’s second city confiscated an undisclosed number of crypto mining rigs from a warehouse in the zone,

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Polyhedra’s Phoenix Revival: Stakers Rewarded After ZKJ Liquidity Crash – What’s Next?

Polyhedra’s Phoenix Revival: Stakers Rewarded After ZKJ Liquidity Crash – What’s Next?

Leave a Comment / Airdrop, Blockchain News, News, Polyhedra /

ZKJ token holders watched $500 million evaporate in minutes during a coordinated liquidity attack on June 15, but Polyhedra has just launched its Phoenix Revival Program to reward the survivors. The program targets stakeholders who held through the 90% crash, offering early access to ecosystem airdrops and zero-knowledge infrastructure rewards. Community backlash erupted immediately, with

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“I’m Most Excited About Stock Tokens, As We Can Use Crypto For More Than Trading Assets,” Says Robinhood Crypto GM

“I’m Most Excited About Stock Tokens, As We Can Use Crypto For More Than Trading Assets,” Says Robinhood Crypto GM

Leave a Comment / Blockchain News, News, Robinhood, Staking, stocks /

Fintech firm Robinhood is taking the crypto industry by storm. On June 30, Robinhood announced a number of game-changing products and services for users in the United States and the European Union. Vlad Tenev, CEO and chairman of Robinhood, announced at Robinhood Presents: To Catch a Token event in Cannes, France, that the firm has

“I’m Most Excited About Stock Tokens, As We Can Use Crypto For More Than Trading Assets,” Says Robinhood Crypto GM Read More »

Dollar-Pegged Tokens Beat Yuan 80:1 – Can China’s Stablecoin Strategy Close Gap?

Dollar-Pegged Tokens Beat Yuan 80:1 – Can China’s Stablecoin Strategy Close Gap?

Leave a Comment / Blockchain News, china, News, Stablecoin /

Key Takeaways: Zhongtai Financial International Chief Economist Li Xunlei argues China should pursue a yuan-pegged stablecoin strategy to counter U.S. dollar dominance. Li recommends pilot programs in free trade zones and Belt and Road countries, with legal and regulatory frameworks in place. He urges the People’s Bank of China to apply unified regulatory principles and

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Circle Moves to Launch a National Trust Bank After Wall Street Debut — Here’s What That Means

Circle Moves to Launch a National Trust Bank After Wall Street Debut — Here’s What That Means

Leave a Comment / Blockchain News, circle, USDC /

Circle, the firm behind the USDC stablecoin, is taking its next big step into regulated finance. Fresh off a public listing that valued the company at nearly $18b, Circle has filed an application to become a national trust bank in the United States, Reuters reported Tuesday. If approved by the Office of the Comptroller of

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Aptos Labs CEO Joins CFTC Digital Assets Subcommittee

Aptos Labs CEO Joins CFTC Digital Assets Subcommittee

Leave a Comment / Aptos, Blockchain News, CFTC, crypto regulation, News /

Aptos Labs CEO Avery Ching is officially part of the Commodity Futures Trading Commission’s (CFTC) subcommittee focused on digital assets, a June 30 X post from the blockchain technology company’s account revealed. Aptos Labs CEO Avery Ching Tapped For CFTC Subcommittee According to the Monday X post, Ching has joined the CFTC Digital Assets Global

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