Following cybersecurity assessments, commercial institutions are being cleared to issue the world’s first CBDC — the Bahamas’ Sand Dollar.
Read more
Stablecoin reserves on crypto exchanges hit new historic high of $10B
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin.
Read more
Kakao’s Klaytn expands NFT offerings to OpenSea following 800% quarterly growth
The platform created by Kakao’s blockchain wing will reportedly look to extend its NFT functionality with an upcoming OpenSea integration.
Read more
Crypto mergers and acquisitions doubled to $1.1B in 2020, PwC reports
The average deal size in the crypto industry surged from $19 million last year to nearly $53 million in 2020, according to a new PwC
Read more
90% of Bitcoin mining comes from ‘dirty energy,’ Miami mayor says
The U.S. should address the environmental problems of Bitcoin mining by providing its clean energy to set up mining hubs, Mayor Francis Suarez said.
Read more
Dubai regulators call for public feedback on proposed crypto laws
Financial regulators in Dubai have enacted a 30-day window for public comments on security token regulations.
Read more