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Georgian central bank to launch AML probe into crypto firms

Georgia, a major cryptocurrency-friendly country among post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions.The National Bank of Georgia (NBG) plans to launch mandatory supervision of virtual asset service providers (VASPs) starting Sept. 1, 2023.The NBG acting governor Archil Mestvirishvili said that

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TRC-20 USDT circulation hits record high 5 years after Tron mainnet launch

On May 31, Tether (USDT) tokens issued on the Tron blockchain reached another all-time high of $46 billion, compared to $36.8 billion for Ethereum, accounting for over 60% of USDT’s circulating supply. The milestone comes on the fifth-anniversary launch of the Tron mainnet.Over the past five years, Tron developers claim

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Top Japanese Airline ANA Forays Deeper into Web 3.0 with NFT Marketplace Launch

ANA began developing its new GranWhale platform almost a year ago. Japan’s largest airline All Nippon Airways (ANA) has launched a non-fungible token (NFT) marketplace, making a bold statement about its web3.0 ambitions. According to the May 30 announcement, the “ANA GranWhale NFT Marketplace”, is a project involving the airline

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Gaming Crypto Token Qwan to Launch via Ethereum on May 31 Supported by Horizen Labs Ventures

The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31.

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European Central Bank (ECB) Finalizes Digital Euro Prototype Ahead of Potential CBDC Launch

The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token.  The European Central Bank (ECB) has finalized a digital euro prototype ahead of a development decision. Later this year, the leading central bank would decide whether to develop the fiat euro as

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Bitcoin Ordinals to bridge Ethereum NFTs with the launch of BRC-721E

Bitcoin Ordinals are the latest layer-2 solution enabling decentralized storage of digital art on the Bitcoin blockchain. Ordinals will now allow users to migrate their Ethereum ERC-721-based nonfungible tokens (NFTs) to the Bitcoin blockchain with the launch of the BRC-721E standard.The BRC-721E standard was jointly launched by the Ordinals market

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