September 28, 2024 at 03:15 PM GST updated: September 28, 2024 at 02:45 PM 2 mins read News John Deaton opposes consumer-targeted Federal CBDCs, warning they grant excessive control over individual financial activities. Deaton criticizes unclear U.S. crypto regulations, arguing they drive businesses away and hamper industry growth. Deaton advocates for term limits and stricter…
September 13, 2024 at 08:47 AM GST 2 mins read News Donald Trump will promote his crypto platform, World Liberty Financial, operated by his sons, 50 days before Election Day. Trump shifted from opposing crypto to advocating for a U.S. Bitcoin reserve and blocking Federal Reserve-controlled digital currency. Critics question Trump’s intertwining of political ambitions…
September 8, 2024 at 03:45 AM GST updated: September 8, 2024 at 02:29 AM 2 mins read News Ripple endorses Kamala Harris, sparking industry debate on corporate influence in politics. XRP’s market performance slumps with a 50% decrease against Bitcoin this year. Ripple’s support for CBDCs clashes with crypto’s decentralized ethos, stirring controversy. Ripple has…
The Hong Kong Monetary Authority has launched a sandbox to test the use of tokenized assets in real-world scenarios. The sandbox aims to promote interbank settlement using tokenized currency and central bank digital currencies. The HKMA will collaborate with other regulators and industry players to support the development of Hong Kong’s tokenization market. Testing Tokenized…
August 26, 2024 at 02:19 PM GST updated: August 26, 2024 at 02:13 PM 2 mins read Crypto Live News Wyoming plans to launch a dollar-backed stablecoin in Q1 2025, aiming for faster transactions and revenue generation. The Wyoming Stable Token will be fully backed by Treasury securities, with reserves invested to fund public schools….