Treasury named AI among five major transitions expected to reshape Australia’s economy, while Coinbase says the report overlooks the digital financial infrastructure AI agents could eventually need. Read More at https://cointelegraph.com/news/australian-40-year-economic-outlook-recognizes-ai-revolution-omits-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Trueo prediction market moves from Base to Ethereum
Trueo said Base was the right choice when it launched, as Ethereum gas fees were higher, but said mainnet now offers greater integration potential. Read More at https://cointelegraph.com/news/decentralized-prediction-market-trueo-to-move-from-base-to-ethereum?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kakao Pay, KakaoBank to explore stablecoin opportunities with Fireblocks
Kakao Pay and KakaoBank are exploring digital asset opportunities with Fireblocks, including infrastructure for stablecoins. Read More at https://cointelegraph.com/news/kakao-pay-kakaobank-fireblocks-stablecoin-infrastructure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Manhattan US Attorney leading probe into Binance’s Iran compliance: Bloomberg
The investigation is examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe. Read More at https://cointelegraph.com/news/doj-probing-binance-over-alleged-iran-sanction-violations-bloomberg?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Saudi Arabia exits China-backed mBridge CBDC project: FT
Saudi Arabia has left mBridge, a cross-border CBDC platform that has drawn scrutiny from US policymakers, according to the Financial Times. Read More at https://cointelegraph.com/news/saudi-arabia-exits-china-backed-mbridge-cbdc-project-ft?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ondo lets institutions convert stocks directly into tokenized shares
Ondo’s new in-kind conversion system allows approved institutions to mint and redeem tokenized stocks and ETFs using the underlying securities instead of cash. Read More at https://cointelegraph.com/news/ondo-lets-institutions-convert-stocks-directly-into-tokenized-shares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto PAC to spend $30M opposing Sherrod Brown in Ohio, again
The digital asset-aligned PAC joined other groups to spend more than a combined $300 million in the 2024 Ohio Senate race, resulting in Sherrod Brown’s loss to Bernie Moreno. Read More at https://cointelegraph.com/news/crypto-pac-fairshake-spending-sherrod-brown-ohio-senate-race?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle launches Bitcoin-backed USDC borrowing for institutional clients
Circle is bringing Bitcoin-backed borrowing to institutional clients, allowing them to tap BTC holdings for USDC liquidity without selling their Bitcoin. Read More at https://cointelegraph.com/news/circle-launches-bitcoin-backed-usdc-borrowing-for-institutional-clients?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin price tags $86K as analysis sees crypto in ‘new bull market’
Bitcoin crossed the $86,000 mark for the first time since late January as falling oil prices and concerns over supply lifted US stocks. Read More at https://cointelegraph.com/markets/bitcoin-price-86k-analysis-sees-crypto-new-bull-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Biz: CLARITY Act setback puts Coinbase in the spotlight
Coinbase draws scrutiny after the CLARITY Act stalls, while the SEC moves ahead with tokenized stocks and crypto firms push deeper into payments. Read More at https://cointelegraph.com/news/crypto-biz-clarity-act-coinbase-sec-tokenized-stocks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound