MotoGP’s Gresini racing goes crypto with new fan sponsorship program

The Republic of Georgia's central bank has invited fintech firms and others to participate in the CBDC project. 1721 Total views 12 Total shares The National Bank of Georgia said that it is considering launching a central bank digital currency.In an announcement today, the central bank hinted at the issuance of a central bank digital…

Gary Gensler cited the “Wild West of the crypto markets” that was “rife with noncompliance” in requesting more than $2.4 billion for the commission’s 2024 fiscal budget. 286 Total views 16 Total shares United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct…

The recent depeg comes as TrueUSD team announced a pause on TUSD minting through Prime Trust until further notice. 344 Total views 2 Total shares Stablecoin TruedUSD (TUSD) slightly lost its dollar peg in the early hours of June 10, following a pause in minting activities through its technology partner Prime Trust. The fifth-largest stablecoin by…

The $55 million investment has been made through LayerZero tokens with a three-year lock-up, according to an a16z general partner. Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April 17 X post by Ali

First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions. 75 Total views 44 Total shares A tax proposal on crypto from India’s Finance Minister Nirmala Sitharaman may be closer to becoming law as the country’s lower house of parliament is scheduled to consider…

Japanese holding company SoftBank has introduced a new debit card featuring a built-in cryptocurrency wallet.According to a press release on Dec. 1, SoftBank developed a debit card featuring a built-in blockchain wallet in collaboration with United States-based wallet card developer Dynamics. The new product is called SBC Wallet Cards and can be used as a…