Momentum is building in Washington for the establishment of a U.S. strategic Bitcoin reserve, as lawmakers from both parties see potential benefits in securing the nation’s foothold in the digital asset economy. The proposal has drawn support from key members of Congress, who argue that holding Bitcoin could bolster the country’s financial resilience and provide a hedge against … [Read more...] about Bitcoin reserve gains bipartisan traction as U.S. lawmakers explore new digital strategy
TOKEN2049 Doubles Down On Record Shattering Success: The World’s Largest Crypto Event With 20,000 Attendees and 800 Side Events
TOKEN2049, the world’s largest Web3 and crypto conference, celebrated its week-long extravaganza as the entire industry converged in Singapore. The week culminated in the flagship conference on 18-19 September at Marina Bay Sands, where it saw 20,000 attendees and over 800 side events take place in the heart of Asia’s leading fintech capital. … [Read more...] about TOKEN2049 Doubles Down On Record Shattering Success: The World’s Largest Crypto Event With 20,000 Attendees and 800 Side Events
Louisiana integrates cryptocurrency for state payments
Louisiana State Treasurer Dr. John Fleming announced the integration, which allows residents to pay for state services using Bitcoin, Bitcoin Lightning, and USD Coin. The first payment was successfully made to the Louisiana Department of Wildlife and Fisheries. … [Read more...] about Louisiana integrates cryptocurrency for state payments
Carrefour’s Bitcoin acceptance marks pivotal shift in retail sector
The Carrefour Express in Rouen has begun accepting Bitcoin payments, signaling a transformative moment for the global retail industry. This move aligns with a growing trend where major corporations explore cryptocurrency as a legitimate payment method, seeking to modernize consumer transactions and tap into a tech-savvy demographic. … [Read more...] about Carrefour’s Bitcoin acceptance marks pivotal shift in retail sector
Tether to launch UAE dirham-pegged stablecoin amid growing demand in the Gulf
Tether, the world’s largest stablecoin issuer, is set to introduce a new digital asset pegged to the United Arab Emirates dirham (AED), marking a significant expansion of its product offerings in a rapidly growing market. This move is part of Tether's broader strategy to diversify its stablecoin portfolio, which already includes tokens pegged to the U.S. dollar, euro, and … [Read more...] about Tether to launch UAE dirham-pegged stablecoin amid growing demand in the Gulf
China escalates crypto crackdown with new anti-money laundering regulations
China has intensified its regulatory scrutiny of cryptocurrency activities by formally classifying crypto transactions as a form of money laundering under updated anti-money laundering (AML) laws. This development marks a significant escalation in the country’s ongoing crackdown on digital assets, further tightening the noose around what Beijing views as a major financial risk. … [Read more...] about China escalates crypto crackdown with new anti-money laundering regulations
MetaMask, Mastercard, and Baanx to launch crypto payment card
MetaMask, the popular self-custodial crypto wallet for the Ethereum (ETH) network, is starting the rollout of its debit card developed in partnership with Mastercard and fintech platform Baanx. … [Read more...] about MetaMask, Mastercard, and Baanx to launch crypto payment card
Ferrari extends cryptocurrency payment system to European dealers
Ferrari said it would extend its scheme to accept payments in cryptocurrency for its luxury sports cars to its European dealers network, after starting in the United States last year. … [Read more...] about Ferrari extends cryptocurrency payment system to European dealers