Efforts will continue to reduce the state’s involvement in Bitcoin-related activities and to strengthen crypto‑asset regulation and governance, the IMF said. Read More at https://cointelegraph.com/news/el-salvador-receives-138-million-from-imf-after-bitcoin-waivers-granted?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Russia’s Finance Ministry pays wages in digital rubles for first time
Work on the introduction of the digital ruble to the budget process is being carried out by the Bank of Russia together with the Ministry of Finance. Read More at https://cointelegraph.com/news/russias-finance-ministry-pays-wages-in-digital-rubles-for-first-time?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiter
The exploiter returned the entire sum to NEAR Intents after being identified and given 48 hours to respond. Read More at https://cointelegraph.com/news/near-intents-recovers-entire-stolen-38m-after-ultimatum-to-exploiter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Community banks sue OCC over trust bank charters of crypto firms
Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. Read More at https://cointelegraph.com/news/community-banks-sue-occ-over-trust-bank-charters-of-crypto-firms?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Trump is expected to appoint Jay Clayton as new AI czar: Reports
US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs. Read More at https://cointelegraph.com/news/trump-is-expected-to-appoint-jay-clayton-as-new-ai-czar-reports?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms. Read More at https://cointelegraph.com/news/mica-strengthened-retail-trust-regulated-crypto-exchanges-bitpanda-ceo-says?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether. Read More at https://cointelegraph.com/news/anchorage-digital-cuts-workforce-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown. Read More at https://cointelegraph.com/news/blast-to-wind-down-ethereum-l2-after-costs-outpace-revenue?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for tokenized finance. Read More at https://cointelegraph.com/news/71-percent-uk-finance-leaders-expect-tokenization-reshape-financial-services-lloyds?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto’s billions are back, but the premiums aren’t
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their once-high valuations. Read More at https://cointelegraph.com/news/crypto-biz-kalshi-blockchain-com-crypto-treasury-valuations?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound