[Apr 16 7:46 AM] The United Arab Emirates Central Bank has approved Web3 insurance solutions developed by Relm Insurance and Liva Insurance. Closing the Insurance Gap The United Arab Emirates (UAE) Central Bank has approved Web3 insurance solutions developed by…
[Apr 9 7:30 AM] MANTRA Chain has launched the a $108.8 million investment fund to support high-potential blockchain projects focused on real-world asset tokenization. Blockchain Revolutionizes Finance MANTRA Chain has announced the launch of the MANTRA Ecosystem…
[Apr 3 5:30 AM] Kazakhstan’s financial sector recently strengthened ties with the United Arab Emirates (UAE) through a delegation visit from March 26-27. Kazakhstan, UAE to Cooperate on CBDC Development A delegation from Kazakhstan’s financial sector…
[Mar 28 8:30 AM] The Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets by late 2025. Digital Dirham to Enable Tokenization The Central Bank of the UAE (CBUAE) has announced significant progress…
[Mar 20 7:30 AM] The Dubai Financial Services Authority has launched the tokenization regulatory sandbox to support firms developing tokenized investment products within the Dubai International Financial Centre. Crypto Tokens Excluded The Dubai Financial Services…
[Mar 13 7:30 AM] Bolivia has integrated a crypto-powered system to pay for fuel imports through its state-owned company YPFB, as it is facing a shortage of dollars and a reduction in its dollar-denominated foreign reserves. Bolivia Builds Crypto System to Pay for…
[Feb 28 9:30 AM] The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador’s finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases…
[Feb 28 2:35 AM] The country’s authorities opened bullion services in two state-owned institutions and declared that more licenses could follow. Prabowo Subianto, president of Indonesia, stated that this bullion initiative could “help save the country’s…
[Feb 23 8:30 AM] Vitalik Buterin has praised the strength and dedication of Argentina’s Ethereum community. In the wake of Libra’s downfall, Buterin remarked that the push by Argentines towards blockchain and crypto technologies was “real”…
[Feb 2 12:30 PM] Paolo Ardoino, CEO of Tether, the stablecoin company, has discussed the company’s plans after moving to El Salvador. Ardoino disclosed the construction of a 70-story skyscraper that will be occupied by other tech and crypto companies. Tether…
[Feb 2 8:30 AM] Argentina has designed and established identification and forensic protocols to guide security and police forces in standardizing their actions to fight crypto crime. Argentina Establishes Forensic, Identification, and Seizing Protocols for Crypto…
[Jan 31 11:30 AM] Congress passed a reform that modifies the so-called “Bitcoin Law” in El Salvador to comply with the stipulated requirements in the deal inked with the IMF last year. These modifications prepare the country to receive $1.4 billion in…
[Jan 30 8:30 AM] Bitso, the Latam-focused cryptocurrency exchange, has launched a stablecoin startup accelerator program. ‘The Push’ will support five stablecoin projects based in or planning to establish themselves in Latam, providing each with $250K…
[Jan 26 1:30 PM] Argentina and Mexico are among the nations with the highest levels of crypto adoption in the world, according to the latest report issued by Chainalysis. Sebastian Reyes, Chief Analytics Officer of Vita Wallet, believes this is due to the economic…
[Dec 26, 2024 7:45 PM] On Monday, the Legislative Assembly of El Salvador approved a new metallic mining law, opening the door for gold exploitation in the country. The change, previously hinted at by President Nayib Bukele, was met with criticism from environmental…
[Dec 22, 2024 7:48 PM] The government of El Salvador has clarified that it will continue pushing bitcoin as part of its economic strategy, even as it inked an agreement with the IMF to wind down its bitcoin operations. El Salvador Keeps Purchasing Bitcoin After IMF Deal…
[Dec 21, 2024 9:01 PM] The United Arab Emirates’ Interior Ministry has signed a memorandum of understanding with the Financial Services Regulatory Authority to combat virtual assets-related crime. Strengthening Risk Mitigation Frameworks The United Arab Emirates…
[Dec 14, 2024 8:30 PM] Emirates NBD, a leading United Arab Emirates (UAE) bank, has invested in Zodia Custody, a digital asset custodian, through its Innovation Fund. A Step Forward for Zodia Custody Emirates NBD, one of the United Arab Emirates’ leading banks…
[Dec 8, 2024 8:30 AM] Bukele celebrated the recent bitcoin rally and the $100K milestone, posting a screenshot of El Salvador’s bitcoin investment unrealized gains. Fighting tooth and nail against naysayers, including institutions like the IMF, the leader brought…
[Nov 5, 2024 11:30 AM] Bahrain-backed Singapore Gulf Bank has launched digital asset custody and trading services, positioning Bahrain as a hub for digital finance and connecting Asian and Middle Eastern markets. Bahrain Aims to Connect Asian and MENA Markets…
[Oct 24, 2024 10:00 AM] Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a widely used tool in Venezuela. Goncalvez states that, as Venezuelans shift to using the dollar due…
[Oct 17, 2024 11:06 PM] A new survey has found that bitcoin usage has dropped to critical levels in El Salvador, with less than 10% of its citizens using it to make transactions. The numbers are surprising to analysts, given the push that President Nayib Bukele has made…
[Oct 17, 2024 7:00 AM] Growing demand for US dollar-backed stablecoins and regulatory uncertainty in the US are the key reasons for stablecoins thriving in other jurisdictions.
[Oct 17, 2024 3:30 AM] A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offering better financial terms to developing nations. He emphasized the NDB’s role in helping countries…
[Oct 13, 2024 10:10 PM] The Brazilian Central Bank is opening the drex CBDC pilot to new entrants, aiming to test more advanced use cases and privacy solutions for the project’s second phase. Thirteen use cases have been confirmed, including carbon credits…
[Oct 12, 2024 4:30 AM] A Chainalysis report reveals that Argentina surpassed Brazil in cryptocurrency value received during the period examined, highlighting the high adoption of stablecoins in Latin America. However, Venezuela was the market that grew the most, rising…
[Oct 9, 2024 6:30 PM] Littio, a Colombian neobank, has joined forces with Avalanche to offer interest-bearing USD accounts through Opentrade’s blockchain-based platform. The partnership aims to provide financial solutions to Latin Americans facing high inflation and…
[Oct 3, 2024 10:30 PM] During his official visit to Argentina, Bukele met with Victoria Villarruel, the nation’s vice president, to discuss cryptocurrency and the Salvadoran experience with Bitcoin. While the meeting was private, a video released before the meeting…
[Sep 29, 2024 7:45 PM] According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with…
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