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“# Opera announces support for Celo stablecoins in its crypto wallet app ” According to a release issued on Friday, the inclusion of stablecoins is part of a broader integration with the Celo (CELO) network. Opera says the move will enable greater payment flexibility for millions of its users around the world. Celo’s stablecoins are…
“# Tanzania central bank may rescind crypto ban after presidential endorsement ” The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to Reuters, Tanzania’s central bank has begun working on directives from the country’s federal government that could see a reversal…
“# Colombian capital supports blockchain and emerging tech with $2.3M fund ” Colombia’s capital of Bogotá is funding blockchain development as part of the city’s broader investment in innovative technologies. According to a Monday announcement on the city of Bogotá’s official website, the municipal government will provide 8.8 billion Colombian pesos ($2.3 million) to local…
“# Shanghai Man: China retains mining control? Alipay’s ancient NFTs and Amber’s big raise ” This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. So low you’ve got to reach up to…
“# NYDIG and Q2 partner to enable Bitcoin trading for 18M US bank customers ” New York Digital Investment Group (NYDIG) has partnered with Q2, a firm specializing in providing digital services to financial institutions, to provide access to Bitcoin (BTC) for bank account holders in the United States. According to a release issued on…
“# NYC’s mayoral frontrunner pledges to turn city into Bitcoin hub ” Within the same month, talk of the United States’ budding capital of crypto has seemingly shifted its center from Miami to New York City. June opened with feverish excitement about the largest Bitcoin (BTC) event in history being hosted in Miami, and the city’s mayor, Francis…
“# Nigeria’s comms minister links blockchain to national digital innovation efforts ” Speaking during Wednesday’s annual Digital Africa Conference, Isa Pantami, Nigeria’s Minister of Communications and Digital Economy, identified blockchain as part of the government’s focus on emerging technologies, according to a report by Voice of Nigeria. Highlighting the conference theme — “Building a New…
“# Trust is key to mainstream adoption for stablecoins, says Paxos CEO ” Paxos CEO Charles Cascarilla believes that stablecoins need solid regulation to go beyond being just a tool for crypto enthusiasts and achieving mainstream adoption. Speaking to Bloomberg, Cascarilla explained that stablecoins would be unable to build trust without regulation, which is critical…
“# Bank of Israel steps up CBDC efforts with reported tests on Ethereum ” Israel’s central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum’s technology. The claim was made by the Israeli financial news site Globes and later reported by BNN Bloomberg. Globes’…
“# Powers On… El Salvador is the unlikely leader for sovereign adoption of Bitcoin as national currency ” Powers On… is a monthly opinion column from Marc Powers, who spent much of his 40-year legal career working with complex securities-related cases in the United States after a stint with the SEC. He is now an…