The central American nation marked the fourth anniversary of its bitcoin law with a 21 BTC purchase, worth about $2.3 million.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Dalio sees no systemic risk from stablecoins but warns debt, politics, climate, and AI will spark major upheaval within five years.
Bernstein analysts said last year that any practical threat to Bitcoin posed by quantum computing remains "decades away".
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
His remarks come despite China banning much of the industry, though peer-to-peer crypto transactions and some bitcoin mining still occur.
The shift comes as Japan also plans to approve the first official yen-denominated stablecoin, JPYC, in the fall.
Japan's Financial Services Agency is expected to approve local firm JPYC to issue its stablecoin this fall, according to Nikkei.
NBIM's Strategy holdings were worth over $1.1 billion as of June 30, and it has also held shares in Block, Coinbase, MARA, and Metaplanet.
The law allows financial institutions with $50 million in capital to register as investment banks and obtain digital asset licenses.
The move comes amid growing demand for enhanced security and efficient trading, with other crypto exchanges exploring similar solutions.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
While the Chinese authority did not name the project, the description appears to be a reference to World, formerly known as Worldcoin.
However, crypto ETNs will not be covered by the Financial Services Compensation Scheme, and the retail ban on crypto derivatives remains.
South Korea's central bank installed the division to monitor the crypto market and lead internal discussions on local currency stablecoins.
The Chinese blockchain said it plans to support the potential issuance of an offshore yuan-pegged stablecoin in partnership with AnchorX.
President Bukele's Bitcoin Office claims it buys one BTC per day, but the IMF says the government is merely consolidating BTC from different wallets.
The Czech National Bank disclosed in its quarterly report that it added 51,732 Coinbase Global shares in the second quarter of this year.
The transfer follows the $14.75 million in bitcoin Bhutan deposited to Binance last week — the most significant movements since November.
The Reserve Bank of Australia announced a new round of pilot participants for the next stage of Project Acacia.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The newly launched crypto mining equipment registry will support the authorities to apply taxes and regulations on miners, according to a local report.
The authorities cited the growing attention on stablecoins as a key hook used by illegal entities to lure individuals into investment scams.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Deutsche Bank's custody project follows a growing institutional shift toward digital assets, driven by clearer EU rules under MiCA.
The BOK reportedly said it will monitor the progress of local legislation on stablecoins, which have been gaining momentum recently.
Hong Kong released a new policy statement that outlined plans to support the expansion of RWA tokenization and its crypto licensing regime.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Barclays cited the lack of consumer protection and market volatility that could push cardholders into unmanageable debt as key concerns.