5 / 11 Relevant items tagged with #NewsBytes5

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Blackrock Joins Race to Issue New Stablecoin

[Sep 27, 2024 10:30 AM] Blackrock has announced its backing of a new stablecoin, UStb, launched by Ethena Labs. Supported by Blackrock’s BUIDL fund, UStb is designed to provide a reliable alternative in the stablecoin market, leveraging investments in U.S. dollars…

Dubai Regulator Increases Scrutiny on Crypto Companies

[Sep 27, 2024 9:30 AM] Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain…

Bank of Canada Redirects Efforts Away From Retail CBDC

[Sep 23, 2024 8:45 PM] The Bank of Canada has announced a strategic shift away from developing a retail Central Bank Digital Currency (CBDC) to focus on broader payments system research and policy development. This decision follows a public consultation in 2023, which…

Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

[Sep 19, 2024 6:42 PM] The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the…

HTX Integrates Lightning Network for Faster Bitcoin Payments

[Sep 15, 2024 9:30 AM] HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform…

Bitget Launches Direct Deposit Option for Mexican Pesos

[Sep 8, 2024 10:30 AM] Cryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México, SPEI allows for…

Friend.tech Team Renounces Control Over Smart Contracts

[Sep 8, 2024 9:30 AM] Friend.tech, the struggling decentralized social media application, has announced a major update to its platform, setting the admin and ownership parameters of its smart contracts to the address 0x000…000. This move effectively renounces control…