Central banks favor legacy instant payment systems over CBDCs

Turkey’s crypto economy is poised for growth as local and international companies show keen interest ahead of new legislation.

Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases. 968 Total views 24 Total shares With several on-chain metrics for Bitcoin (BTC) still in a bearish range, a continuation of the recent price recovery will require increased demand and…

Ukraine’s Ministry of Digital Transformation supports a Stellar-based private stablecoin project developed by a local bank. 700 Total views 19 Total shares Tascombank, one of the oldest commercial banks in Ukraine, is launching a Stellar-based pilot for Ukraine’s national fiat currency, the hryvnia.The Stellar Development Foundation (SDF) announced on Tuesday a private electronic hryvnia pilot…

Circle’s chief strategy officer and head of global policy, Dante Disparte, denied reports that the company is seeking a US federal bank charter. An executive at major stablecoin issuer Circle denied recent reports that the company is looking to obtain a US federal bank charter. In an April 25 X post, Circle’s chief strategy officer

Arrested by the FBI earlier today, the 24-year-old Spence also faces civil charges of fraud that look to bar him from future trading. 1674 Total views 8 Total shares For Jeremy Spence, also known as "Coin Signals," the news just gets worse.The Commodity Futures Trading Commission has unveiled civil fraud charges against Spence for his…

As COVID-19 has the financial system more internet-dependent than ever, Congress is worried that the United States’ cyber defenses are not up to the current challenge. 524 Total views 14 Total shares In a May 28 virtual roundtable before the congressional Subcommittee on National Security, International Development and Monetary Policy, witnesses and congresspeople alike feared…

While challenges remain, Ripple’s victory has set a precedent that could shape the future of the cryptocurrency industry for years to come.

Async Art is looking to lead the programmable art movement with a new funding round. 192 Total views 1 Total shares Async Art, a Silicon Valley NFT platform, has secured over $2 million in seed funding from at least ten investors — highlighting the growing value proposition of programmable art. The company announced the new raise…

According to new research conducted by Initial Coin Offering (ICO) advisory firm Satis Group, the Bitcoin (BTC) price could potentially reach $98,000 in the next five years. The report written by Sherwin Dowlat and Michael Hodapp represents the fourth part of a five-part series covering the crypto space.The report states that, in terms of upward…