The United Kingdom could add up to 33 billion pounds ($44 billion) to its annual economic output by 2035 by becoming a leader in tokenized financial markets, according to a government-backed industry task force. The estimate appears in the first…
Japanese convenience-store operator Lawson plans to test yen-denominated stablecoin payments at a Tokyo location in August, examining whether stablecoin payments can work inside a standard convenience store checkout flow. On Monday, blockchain company HashPort said it had signed an agreement…
Thailand’s central bank is stepping up stablecoin surveillance as part of a wider effort to crack down on money laundering, illicit finance and “gray money” in the country. The Bank of Thailand is working with the Kingdom’s Securities and Exchange…
AI-enabled microbusinesses could provide a major boost for stablecoin transaction volumes as the global gig and freelance payment market grows, according to Australian crypto exchange Swyftx. In a second-quarter industry report, Swyftx estimated the global gig and freelance payments market…
US-listed spot Bitcoin exchange-traded funds recorded a net inflow of $197.4 million in the week ended Friday, snapping an eight-week streak of weekly outflows dating back to May. Data from Farside Investors shows that most of the week’s gains came…
Getting licensed under the European Union’s Markets in Crypto-Assets Regulation (MiCA) framework is only the beginning for crypto custodians, as regulators turn their attention from authorization to operational resilience. The European Securities and Markets Authority (ESMA) on Wednesday launched a…
Robinhood Chain surge boosts ETH price The successful launch of the layer-2 network Robinhood Chain has boosted investor sentiment around Ethereum. The newly launched blockchain uses ETH as its native gas token and around $141 million in ETH has already been bridged…
The US Federal Reserve named Andreessen Horowitz (a16z) co-founder Marc Andreessen to help lead a task force studying how artificial intelligence and other new technologies could affect productivity and jobs. Andreessen will serve on the Fed’s Productivity and Jobs task…
Strategy founder and chairman Michael Saylor again took to social media on Sunday to offer his latest signal to investors as one analyst sees Saylor’s messaging as needing more clarity to help Bitcoin regain its momentum. “Orange dots tell only…
Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims. Key points: New Bitcoin price analysis says that US whales are behind the latest spate of BTC price relief. The Coinbase Premium is above its 14-day…