China’s government is considering permitting the use of yuan-backed stablecoins for the first time, people familiar with the matter told Reuters, signalling a sharp turn in Beijing’s stance on digital assets
Brazil is set to hold its first public hearing on the establishment of a national strategic Bitcoin reserve
Kenya’s Treasury said it is negotiating with Chinese lenders to convert roughly US$5 billion of existing dollar-denominated loans into yuan and to extend their maturities
Circle has minted an additional $1
Harvard professor and former International Monetary Fund chief economist Kenneth Rogoff has acknowledged that his 2018 prediction—Bitcoin was more likely to sink to $100 than climb to $100,000—proved badly off the mark
Core Foundation, the group behind the Bitcoin-focused Core blockchain, has teamed up with digital-asset custodian Hex Trust to launch a dual-staking service for institutional investors
Ethereum exchange-traded funds (ETFs) have experienced substantial inflows over the past several months, with nearly $8 billion invested in the iShares Ethereum ETF (ETHA) alone across 75 trading sessions, including a nine-day consecutive inflow streak totaling $2
Harvard economist Kenneth Rogoff acknowledged that his 2018 forecast—asserting bitcoin was more likely to sink to $100 than climb to $100,000—proved incorrect
The Bank for International Settlements outlined a way to embed anti–money laundering checks into tokens, even for wallets outside exchanges.
The Paxos-backed stablecoin is growing quickly as investors pile in to take advantage of the network’s revenue sharing.