The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by
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BIS, Bank of England unveil Project Pyxtrial for stablecoin monitoring
The proof-of-concept showed that real-time monitoring of stablecoin reserves could be achieved with cooperation among regulators, technologists and issuers.
Read moreStablecoin growth soars as crypto global mass adoption ramps up
Steady growth in the market cap of many stablecoins highlights investors’ interest in all aspects of the crypto market.
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Bybit Launches Digital Rupee for Secure INR Payments
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a
Read moreTether dominates with $113B post-SVB collapse — IntoTheBlock
Tether’s market cap surges post-SVB collapse, driven by liquidity and accessibility, says ITB’s Vincent Maliepaard.
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Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of
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