Iran’s Central Bank, also known as Bank Markazi, is set to begin a pilot program for its digital currency, the digital rial. This initiative aims to modernize and simplify domestic transactions by enabling cashless transactions for banking…
In a surprising move, the National Australia Bank (NAB), one of Australia’s largest financial institutions, has ceased its efforts to create its own stablecoin, AUDN. This decision comes just a year after the bank announced its plans to…
Uphold, a cloud-based multi-asset trading platform, has begun notifying its customers about the suspension of support for several stablecoins, including Tether’s USDT and Gemini’s GUSD. This decision comes in response to the new European…
VanEck is set to introduce Australia’s first-ever spot Bitcoin ETF. The Australian Securities Exchange (ASX) has approved the listing of the VanEck Bitcoin ETF, scheduled for June 20. VanEck claims that their Bitcoin ETF will be the most…
LBank has received a strong warning from Japan’s Financial Services Agency (FSA) for allegedly conducting transactions without proper registration. According to Coinpost, the FSA found that the cryptocurrency exchange operated with an…
MicroStrategy and its pro-Bitcoin founder, Michael Saylor, have agreed to a $40 million settlement to resolve allegations of income tax evasion. The New York Times reported on June 3 that the District of Columbia’s attorney general has…
Alchemy, a prominent blockchain infrastructure designer, has introduced a revolutionary development kit named Alchemy Rollups. This innovation marks a significant advancement in the crypto ecosystem, providing developers with a…
Solana memecoin developer Mikol accidentally set himself on fire while promoting his cryptocurrency, “Trust or Dare,” to a live-streamed audience. The incident occurred during a marketing stunt in Miami, where fireworks were shot in…
Robinhood, a well-known retail trading platform, announced on Thursday its agreement to acquire Bitstamp, a crypto exchange based in the U.K. This acquisition aims to broaden Robinhood’s global reach in the crypto market and attract…
The crypto industry has eagerly awaited the US Securities and Exchange Commission’s (SEC) decision on Ethereum ETFs since the successful launch of Bitcoin ETFs in January. In a surprising move this May, the SEC approved the 19b-4 forms for…
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