Canadian Prime Minister Justin Trudeau’s announcement on Monday that he’s stepping down could clear a path for a less crypto-resistant government there, though the provincial governments have a leading role in determining Canada’s digital assets future. “I intend to resign…
Sonic Labs announced on Thursday that its Ethereum Virtual Machine (EVM) layer-1 chain now supports Circle’s bridged USDC stablecoin through the Sonic Gateway. The bridged USDC stablecoin, sourced from Ethereum via the Sonic Gateway, is now active on Sonic’s network.…
This year is expected to be a game changer in terms of acceptance and adoption of bitcoin (BTC), the world’s largest cryptocurrency, Fidelity Digital Assets said in a research report Tuesday. “We anticipate more nation-states, central banks, sovereign wealth funds,…
Four digital assets companies have just secured Markets in Crypto Assets (MiCA) licenses in the Netherlands, letting them operate across the entire 27-nation European Union. Crypto platform MoonPay, digital asset management company BitStaete, bitcoin lightning FinTech ZBD and prime brokerage…
Layer-1 blockchain MANTRA announced on Thursday a $1 billion partnership with the UAE-based DAMAC Group to tokenize real-world assets (RWA) in the Middle East. DAMAC Group plans to tokenize assets worth $1 billion using the MANTRA blockchain. “This partnership with…
Rep. Mike Johnson (R-Louisiana) will get to keep the big gavel after his fellow Republicans voted to re-elect him House Speaker on Friday afternoon. Johnson, who has been publicly backed by President-elect Donald Trump, was able to garner the minimum…
The top Brazilian financial regulator has announced a plan to reform the nation’s crypto tax laws. In an official release from the Receita Federal (RF), the regulator said it would change the way it taxes crypto trading profits in “the…
Do Kwon, founder of the failed Terra Luna crypto ecosystem, pleaded not guilty to charges of fraud following his Dec. 31 extradition to the U.S., Reuters reported on Thursday. Kwon’s Terraform Labs developed the luna cryptocurrency and algorithmic stablecoin terraUSD,…
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22…
UK-based Standard Chartered revealed plans on Thursday to establish a Luxembourg-based entity as its regulatory hub for crypto and digital asset custody services across the European Union (EU). 🚨 BREAKING 🚨 🇪🇺 $1 trillion Standard Chartered will now start offering…