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Circle has revealed that Cross River Bank — recognized for its services to fintech and crypto firms like Visa and Coinbase — is now its new commercial banking partner for producing and redeeming USD Coin (USDC).In addition, Circle has “expanded relationships” with other banking partners to assist with USDC redemption,
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The Reserve Bank of Australia has revealed a set of projects that will develop use cases for a digital dollar, the eAUD, during its testing phase, currently underway. Original Source
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The leading platform for game developers introduces an online storefront for decentralized tools, adding support for major Web3 players. Source
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With the right user base and its alignment with existing regulations, DZ Bank will open access to millions of users to consider getting into the crypto ecosystem with its offering. DZ Bank, the second-largest financial services provider in Germany is set to dive into the crypto asset management niche and
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This is the fourth such partnership Metaco has made with major financial institutions in eight months. Source
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The Lebanese pound’s fall to its lowest ever versus the U.S. dollar, 80,000 to 1, has piled more misery on residents whose local currency-denominated savings have been decimated by inflation. The ongoing strike by banks demanding the passage of capital control legislation has compounded matters for residents. Lebanese Pound Devaluation According to
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The provincial government of Bataan in the Philippines plans to enact the Community-Based Monitory System Act (CBMS) with blockchain technology, Governor Joet Garcia said in an interview with The Daily Forkast. “Through data sharing agreements and as well as getting the consent of our citizens on which information can be shared,
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Stablecoin issuer Tether Holdings is relying on the services of a major Wall Street firm to manage its Treasury portfolio, according to a Feb. 10 report by The Wall Street Journal. Citing sources familiar with the matter, the Journal reported that financial services company Cantor Fitzgerald is helping Tether oversee a $39
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Bitcoin (BTC) fell to bearish target zones on Feb. 10 as bulls failed to hold important support above $22,000.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewCrypto wipeout mounts as BTC price loses $22,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $21,633 on Bitstamp.The pair reacted badly to regulatory
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